MTCH breaking out to new highsShort interest is 73% could see a good squeeze. IBD rating of 99. Might see a small pullback before continuing higher but still worth the risk.
Long @97.63
4MGN trade ideas
long long to short squeezeMatch Group, Inc. (MATCH) ()
Status: Open 03/06/2020
Idea: buy company shares through the purchase of Call options
Expiration Date: 07/17/20
Strike: $90.00
Target price: $130
Max open option price: $450
Option target price: $4200
Profit factor: 9
Position volume: no more than 5% of the Deposit
(www.marketwatch.com)
The company has achieved high performance indicators in its work, which despite the market correction led to an increase in quotations, due to the critical accumulation of short positions on paper and a strong fundamental, we expect Short squeeze and a significant increase in quotations up to the level of $140, where we recommend closing positions on the option.
MTCH: SETTING UP for a breakMATCH is at an attractive level for a short.
BUT
- be patient for a set up.
- there has been signs of exhaustion, first on April 27, second on May 8, and third on may 22, however,
- the first one has been reversed May 5
- the second one has been reversed on May 18
- and the third one has not been coupled with the RIGHT price action, and was above the important support level.
- the first two were actionable, meaning that I would have traded them, but I hadn't been closely watching until the third sign.
- If I had, it would have been a very small loss, but I would consider them good trades.
The current price has reached a strong resistance, but this should never be the sole reason to short.
I am waiting for a sign of exhaustion to short, may it be a divergence, a price action, or my custom indicator.
But there is no need to get involved just yet.
Short squeeze, ready goShort squeeze, ready go
Status: Open 03/06/2020
Idea: buy company shares through the purchase of Call options
Expiration Date: 07/17/20
Strike: $90.00
Target price: $130
Max price: $700
Option target price: $4200
Risk/Reward Ratio: 1/6
Position volume: no more than 5% of the Deposit
[ (www.marketwatch.com )
The company achieved high performance indicators in its work, which despite the market correction led to an increase in quotations, due to the critical accumulation of short positions on paper and a strong fundamental, we expect Short squeeze and a significant increase in quotations up to the level of $140, where we recommend closing positions on the option.
MTCH to infinity and beyond What if today high is tomorrow's low?
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$MTCH ready to soar to new all time highs?I just entered half position looking for skyward move. It cleared recent highs and is just a few $$ from all time highs If it clears last all time high I'll go to a full position. Entry $91.01. Stop below yesterdays low. Ideas, not investing advice.
Long call MTCH if BOThis one is a little bit hard because of much resistance above. But, it also has a huge potential to soar if it clears. So, just long call if it BO at 86.75 or 90. Set STP: 82.28 if long deep in the money call. TP: 95. Watch how it performs to determine the time frame for the option.
MTCH , Potential EPIC short squeeze.Wow , MATCH has a 69.63% short float with a 14.67 short ratio.
Shorts may be in trouble here .
Bot in at $90.37 with a trailing stop set at $5.Will adjust that trailing stop if it pops .
In my experience short squeezes are difficult to buy into, the potential short squeezes on my watch list only seem to actually run about 7% of the time so be careful with these kinds of trades . However when they do run a 20-30% gain is not uncommon.
Good luck ;) or I should say wish me luck , crossing my fingers .
MTCH Shot Squeeze ideaMatch Group, Inc.
Short Float 69.63%
Short Ratio 13.98
I have marked possible breakout points for the short squeeze and a possible resistance line . I have also marked predicted price movements over the next couple of days .
Let me know what you think !
Long Match GroupStrongest and biggest player in the online dating industry.
Has seen strong demand in times of COVID and self isolation.
Looking for the resistance at 90$ to eventually break, it has already been tested 3 times in the last months.
Possible entry near the 200D MA.
Swipe Right on MTCHPrice target 92$
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- www.corvallisadvocate.com
DR. FAUCI SAYS YOU CAN MEET A TINDER DATE 'IF YOU'RE WILLING TO TAKE A RISK'
- www.newsweek.com
Debt issues
- www.moodys.com
August 2019 Earnings driven by Tinders success
- www.cnbc.com
*not investment advice and trade at own risk. best of luck
Making Love Over Video Chat Looks BullishSetup looks bullish as it completes 5th move of Elliot Wave, bounces off bottom Bollinger Band and cuts through 10 ema on the hourly.
THINK LIKE A JEW SAYS LOVE DONT STOPTHIS IS GOING UP.
NO STOP LOSS NEEDED
MAYBE CALLS GOING OUT 6 MONTHS?
Match Group Inc due for a short term pull backDISCLAIMER: Just entered into a short credit call spread, plan on exiting with roughly 40-50% gain. Stop is probably going to be around $85.
The chart looks like it's wedging up while the money flow and strength of the current upward movement look like they are turning towards exhausted. I think the top here is somewhere between $82.50 and $83.00.
Long term I think it has some potential provided we don't go into a correction in January.
$MTCH Match needs a retrace but still BullishThe stock is getting overbought due to the bullish move last week, looks set to challenge the old highs soon but needs a retrace first to possible the the $76-72 area
Moving averages need to catch up. RSi is getting extended
