The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive...
$BTC is incredibly bullish as bears are being forced to close their shorts due to the B2X fork. Good luck :)
I think we are at the beginning of a new uptrend cycle in BTC . The weekly uptrend is still in place, and the daily downtrend (using bitstamp data) has expired. I will be looking for a move above ~$4190 to confirm, and am waiting to add larger margin positions (holding mainly spot right now). Chart is based on methods learned from Tim West and Ivan Labrie.
A negative article smacked PETS down over 40% in just a few weeks. Since then it has leveled off and seems to be close to squeezing some shorts out. Volume has NOT confirmed a move, but price action has hinted at one, with the highest close (and first over 8 ema) since the final meltdown on 8/23. This isn't my most confident play, but I love the gains from these...
-Strong base formed(blue lines) -There are still many uncovered shorts, another round of short squeeze incoming. -Price is above 200EMA, looking to long than to short.
ARRY has been going down for too long since they they withdrawn their FDA application for its skin cancer drug binimetinib after poor P3 results. Stock seems oversold atm. Yesterday's results were quite positive. May have a short squeeze.
TOO MUCH BAD NEWS IN THE PRICE? All it took was a positive comment from the Pacific Crest analyst yesterday, about the upcoming earnings and the prospects for Karma, to take the stock 10% up in 3x average volume. Short interest has been so high on GPRO and the stock has been so neglected in the recent rally that any marginally positive presumption (not even news)...
STRP is a low float stock (5.82m shares) with a high "short float" of 46.93%. The higher it goes, the more shorts get squeezed and cover their short position, pushing price action even higher. Stock is up 30% / week and formed 2/3 leg of evening star reversal. Will consider long position about 36.75 or short position below 34.40. Will shorts get squeezed today or...
GSM is an interesting stock, with almost 70% short float and up 30% for the month. It's had several unprofitable quarters, but yet still pays 8 cent dividends. It certainly got a lift because of the president-elect Trumps plans to build/repair the nations infrastructure, bridges, etc.
So, centerline is reached. Me personally expecting a hell of a short squeeze and new highs in a couple days... P!
...then shorts getting bagged very quick. P!
With Array Biopharma earnings this week, the chance of another short squeeze increases, but so does your risk. Golden Cross on Daily, positive divergence on MACD, riding the upper Bollinger Band as of 8/2. My $ARRY upside target is $5.47 NASDAQ:ARRY
This stock looks pretty nice for a long swing if we break 16.20, the stock have more than 34% of short interest, if we break that level we should move fast becaouse a lot of people put their stop into tha area
$ATRS not my typical play but recent insiders and fairly high short interest Settlement Date Short Interest Avg Daily Share Volume Days To Cover 3/15/2016 10,444,826 866,786 12.050063
In this chart I illustrate the different facets of the trend in the Euro. It's clear to me that we're about to witness a large short squeeze rally, as evidenced by the following technical landmarks: Rgmov is moving up in the weekly and daily, not validating the recent decline (which also happened during very low liquidity sessions) There's a potential time at...
Following a nice head and shoulder reversal set up on the daily chart, GBPUSD has started to form a decent bearish channel. Currently price is on its way down from a retest of the significant 1.54800 resistance level, which has held up very well. After breaking through minor support price retested this level yesterday. So far 4HR and 1HR price action has been...
Short interest is at 32% of float. Started a position at 27.15. Seems like there are too many bears piling in. Could see a bunch of short covering before earnings. If earnings are good, we cold see a mega squeeze. I definitely wouldn't be short here.
As previously warned the ED played out. The bottom TL held and we had a close to 300 point rally from there after the cash closed yesterday. Today DAX broke out of the upper descending TL, back-tested and held. This looks like a break-out! If we get another retrace to better test that TL later today that would be gift long, in my opinion. Good luck out there!