WSB. Two gigabullish scenarios.WSB forms two bullish patterns on a local uptrend. In my opinion, this asset should include everyone who shares social trends in crypto and is at least somewhat favorable towards memes. The formation of two patterns indicating at least an elevenfold gains is gigabullish! WSB = $1
Pay attention to the volume histograms - we have diamond hands. We're ready, sir.
Wsbets
WSB. Soon, sir.The formation of a global ascending triangle occurs over 252 days. The price may still continue to move within triangle, and even some negative price fluctuations will not allow us to confidently say that a bear has arrived. It seems to me that asset still has some stage of accumulation, perhaps with prices going up 30-50%.
WSB. Looking bullish.The potential formation of a golden cross indicates a possible change in the local trend. Taking into account previous price fluctuations after golden cross formation, the increase may be 1,700% from the current entry point. Quite an interesting event, because the market as a whole is bullish locally and globally.
BBBY Bed Bath & Beyond Options Ahead Of EarningsLooking at the BBBY Bed Bath & Beyond options chain, i would buy the $12 strike price Calls with
2023-1-20 expiration date for about
$1.17 premium.
Looking forward to read your opinion about it.
ES1! S&P 500 Futures to 4500 by SeptemberThere is reasonable evidence in the chart to support a price target of 4500, in the current trend this would establish a possible resistance zone
YOLO! BTC 80k OCT 2024This was estimate was generated using a combination of black-box indicators(not displayed) and log growth curves.
During from this point out, I'm selling 1-2 year CSP against crypto stocks and using the premium to buy crypto and leaps on the same stock, then selling weekly PMCC against the leaps.
Wish me luck!
ENFN - Enfusion Inc - H1 chart symbol - $ENFN - h1 chart shows strong demand recently when the insiders bought up over $46 million dollars worth of shares a few days ago. Lets see if this demand zone holds up
$AMC Leaps$AMC Leaps Calls 75 Nov 19th Returns +12,612%
$AMC Leaps Calls 145 Jan 20th 2023 Returns +4,563%
AMC “I’m a peacock, you gotta let me fly”Could make a run to 30 above the breakdown candle high of 16.88.
It's highly probable to have a short squeeze on $S30Since two years ago Muddy Waters spread a rumor as $S30 had connection to mafia. An anonymous report "appear" making the stock price to drop from $20 to $7.5. Yellow arrow. Of course Muddy Waters was short and made money on it. No evidences, no attack on Justice court.
Small investors lost a lot of money on that but bought back the bottom (red arrow) and the stock value started to recover. At middle course the value got attacked again (green arrow) and again (second yellow arrow).
S30 is attacking MW in courts for defamation. In a Twitter exchange with a French group of WSB, MW assumed getting profit from short positions and being OK with it. This communication is going viral under the #wsbfr_s30_vs_mw. The last short position is already mostly bought back. The stock will finally be able to get back to it's intrinsic value, as results of Solutions 30 were excellent with a 19.4% growth in 2020 and excellent commercial dynamic for 2021.
Gamestop in ETF GME became around 20% of the weighting of this ETF from around 1.5%
If you haven't been investing on the Reddit Frenzy, and you wish you had; now is your second chance.
21ema is the support level to watch currently, as it has held in the past; and is giving great risk-reward as we are just above it.
Volatility can be extreme, so set clear defined limits to where you are comfortable with your potential losses.
Why $NAKD Stock crashed Down Sharply from last week?Why $NAKD Stock crashed Down Sharply from last week?
The WallStreetBets short squeeze continued to unravel this week with investors pocketing gains and latecomers hoping for a second bounce.
A number of factors are driving the ongoing sell-off as $NAKDe stock peaked last week.
The first is that many short-sellers closed out their bets as the stocks soared last week, riding a massive short squeeze and gamma squeeze.
Second, savvy traders who rode the stocks up sold it to take profits. Third, fundamentals matter, and stocks will naturally revert to their mean barring any significant change in fundamentals. After all, a stock is a part-ownership in a business, not a lottery ticket.
So the possibility of a short squeeze is diminished, and the "easy money" has come and gone.
Traders who now buy any of these three stocks are banking on another pump-and-dump rally to lift them.
Investors should also be aware that $NAKD stock is still significantly above historical trading level and fundamentals are weak, meaning stock could fall significantly further.
www.fool.com
AMC ST (February 2nd 2021)AMC Entertainment (February 2nd 2021 through March 2021)
Low: $0.15 - $2 - $4
High: $9.89
So in the short term, it's not looking good. Technically this could still get a bigger short squeeze in the future but we have a period of consolidation ahead of us for now if that will even be possible in my opinion. Otherwise this will get driven right into the ground. Grab the popcorn, it's heating up. The battle is on.
I do not have a lot of hope for the smaller retail traders right now. From what it looks like, a 4.236 fibonacci was fulfilled and there will need to be a LOT of buying to help recover past those levels again.
Now, if we imagine a scenario where the coveted pump happens so long as the bears aren't going to take over completely, the next levels to watch for serious selling action for could be: $40 - $64 - $88 - $102 - $165 - $264
But it needs to top its last high of $25 first, and it can be possible but is a lot less likely now that price has shuttered as much as it has the past couple days. Not looking good in my opinion but this will be interesting to watch.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
AMC ST Update (Feb 4th 2021)AMC Entertainment (AMC) (February 4th 2021 through February 18th 2021)
(Potential entries) Low: $0.57 - $2.00 - $3.13 - $4.81
(Potential swing high levels) High: $5.08 - $6.28 - $10.10 - $10.94
I am looking for price action to come down near where I have placed 2 orange boxes for potential entries for future prospects of AMC. If people (WSB) manage to squeeze AMC harder a second time, there's a chance it never even comes down to where I anticipate it but I feel it will be very likely for it to keep crashing since the crazy peak, and maybe return to baseline/normalcy around $1 to $4.
A good entry might be found anywhere from $2.00 to $4.81 in my opinion, but it really depends on if WSB actually pulls off a second squeeze for how long it would take to realize profits on the next run. If its truly returning to baseline, $2.13 and lower should be expected, I think 57 cents would be the absolute most drastic possible.
I've placed a couple white trend lines just to see if any of it correlates with a path, but I've also scribbled the green, orange, and red brush lines for other potential levels I can see price coming to at those times. No idea which path will actually happen if any of it is even right, just watching closely for now.
Related idea attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022)
Low: $3 - $5
High: $9.44 - $21
So I understand there is some financial madness going on right now.
Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly.
I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me.
This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Silver Miner’s retail investor-Fueled SurgeSilver-exposed stock $ASM climbed early on Monday, after a surge in retail trading pushed the price of the precious metal to an eight-year high.
Silver has rallied in recent days as some users on social media have seemingly turned their attention to the metal.
“What we don’t know is exactly how this is happening,” said Markets.com analyst Neil Wilson. “Clearing out of shorts by worried hedge funds, retail-driven bid, ETFs flows driving the physical market, smart-money front-running the trade, or a combination of all these,” he added.
The surge came after the dual-listed miner, which has a silver operation in Mexico, disclosed last week plans to sell up to $25 million of newly issued shares into the U.S. market.
Exactly what kinds of investors are behind the current run-up in metal prices and silver-exposed stocks is uncertain, but clearly opportunities have arisen.
A number of posts on the WallStreetBets forum advocated buying silver, while #silversqueeze has also been trending on Twitter. However, many posts also argued against the trade.
“The issuer community will flood the market with capital raises, particularly the U.S.-listed ones who can access the superior liquidity with ‘at the market’ equity issuances,”
www.barrons.com
finance.yahoo.com
GME-GAMESTOP preparing for next LEG UP?Gamestop army does not plan to sell as soon as evidenced by the decline in volumes in the consolidation triangle. No shorts are closed, but no new capital arrives.
I see the potential to drop to $ 180, where the fibo value will be 0.786 - typical of a triangle. The last lower high occurred at 786 as well, and in the event of a rebound from MA100 30min, the pulse can create a new All Time HIGH!
Will we see the power of the graph in conjunction with a unique idea? The logarithmic graph indicates the continuation of the trend.
#WALLSTREETBETS
Should You Buy This Hot Reddit Stock?After GameStop's spectacular short squeeze, investors are now wondering if other heavily shorted stocks that are popular among contrarian Reddit investors, such as CEL-SCI.
As it turns out, discipline becomes paramount when the value of one's holdings goes up so high and so fast.
CEL-SCI is a development-stage biotech that is seeking to develop a novel immunotherapy treatment, Multikine, for head and neck cancer. Despite its noble goals, the company has its fair share of skeptics: Nearly 30% of its shares are shorted.
Multikine is CEL-SCI's only late-stage candidate. The experimental therapy is going through the final stages of phase 3 data collection and statistical analysis, with results expected any day. Multikine's phase 3 clinical trial has been going on for a decade, even though it was supposed to conclude in December 2015. The discrepancy between the actual and estimated trial completion time has caused CEL-SCI to become a contested stock.
All of this matters because large-cap biotechs can acquire development-stage competitors that successfully bring just one immuno-oncology therapy to market for more than $20 billion. CEL-SCI's market cap is just about $850 million, so the stock would without a doubt become a multi-bagger if it can bring Multikine past the finish line. Likewise, since it only has about $40.5 million in assets and negligible revenue, it will likely trade down to zero if Multikine disappoints.
www.fool.com
