Hi guys,
I haven't posted anything in a while. This is the latest stock I am watching. I personally do not know any of the fundamentals about this company. I am purely looking at this chart, and it is looking very nice. It is holding above the 200 SMMA, and bouncing quite nicely off this trend line on the daily chart. A perfect entry would be around $2.35 - $2.45. You could buy in now, but you would assume more risk. I would not hold this stock if it broke hard below the trend line it has established. I could see this stock breaking $4 again soon. If we get a big enough move, it will squeeze the shorts and push price up to $10 or more. I have been watching the daily short interest on this stock and it's right around 50% lately. Someone get Wall Street Bets on the phone so we can run over some more hedge funds. Happy trading everyone!
- Matt
I haven't posted anything in a while. This is the latest stock I am watching. I personally do not know any of the fundamentals about this company. I am purely looking at this chart, and it is looking very nice. It is holding above the 200 SMMA, and bouncing quite nicely off this trend line on the daily chart. A perfect entry would be around $2.35 - $2.45. You could buy in now, but you would assume more risk. I would not hold this stock if it broke hard below the trend line it has established. I could see this stock breaking $4 again soon. If we get a big enough move, it will squeeze the shorts and push price up to $10 or more. I have been watching the daily short interest on this stock and it's right around 50% lately. Someone get Wall Street Bets on the phone so we can run over some more hedge funds. Happy trading everyone!
- Matt
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.