$LCID short idea bearish head and shoulders with multiple rejections shown, had a small relief bounce and someone circulated fake news about an aapl partnership that gave it a small push before it was breaking down again today. Billions of shares for sale after lockup on Wednesday, likely lots of pressure on the stock to come.
The amount of bearish takes on the market have grown rapidly as of the past week, many traders are chasing shorts to the downside (I don’t believe this is smart as your risk/reward is poor.) otherwise known as shorting in the hole. If a contrarian view point holds true the market will provide a bounce next week stopping these traders out, after that can re-access...
Monstrous option flow came into the march calls above the ask, technical setup is fantastic
$TSLA is extended in the short term up over 300/share in 4 days, much of this is weekly call buying. We saw a lot of that fade away today with bearish bets increasing to end the week. Puts off the open, first target is 1070 (we might open at this level in pre market). Below 1070 looking for selling to speed up and take us to the 10 day target towards eow.
$HOOD looking for a very aggressive bounce out of this falling wedge setup, the stock has declined from 85 trading at 18 with shorts piled in the sp will be quick to squeeze higher out of demand we're forming. Still in range so be patient but when it gets going im targeting a move to 25 quickly, from there we can base and expect higher in my opinion. Feb calls a...
A big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we...
$SE extremely oversold, looking for a long out of demand around this 200 level for a mean reversion to 250 in the short term. Strong growth stock backed with fundamentals, short covering rally is coming. Also to mention we are directly at the 100MA on this weekly chart, green day in the market will send this thing up quickly.
Bitcoin at a weekly trendline support, forming higher lows. If this low holds a rally to 75k+ is expected.
$LC mean reversion long after the stock has drifted significantly lower, company is under valued here and doing triple digit earnings. Expecting buyers to show up around this demand level and shorts to cover causing a nice snapback in price.
AAPL stock is currently vertical, see way too many traders asking "should I sell my AAPL calls" or "its going to $200." - "its going to 3T market cap" reminds me of the last time it was around 2T mc and tanked. Funds buying large amounts of weekly calls always leads retail into a trap, they do this because in the interim they are planning to offload shares. Market...
nearing a pivotal move up or down here on the meme stock AMC
ES S&D zones, inv head and shoulders long idea. Levels need to hold for this to be valid, keep things simple.
SPCE breakout imminent, given market holds up I see 25-30+ on this play minimum.