pivot S2, and 200 MA. This is a meme stock with high short interest. There is a merger with ZASH Global and a planned spinoff later in the year.
extensions very well. Targets also include the iHnS as well as a more conservative A=C
Wave 2 took a long time to complete, as long as it took IWM to complete its wave 4. BBIG's short float is around 50%, nothing like GME's 134%. Wave 3 is around $67. Not sure it will get there. On social media, you hear of an impending merger with ZASH, who owns 80% of Locomotiv, a competitor of Tik Tok. Rumors has it that there are virtually no shares available to...
Past. It has printed a 1-2, - , i-ii, and - . A series of higher lows and lower highs have created a symmetrical converging triangle. Typically such a triangle breaks out in the prevailing trend which is up. And it has precisely broken out recently. With such a count, the target will take some work to figure out. We will take each wave at a time, starting with...
almost 400-% upside. Last week, the CEO bought 100,000 shares at $1.74. Surely he cannot be only after small potatoes. Broke past a couple of secondary trendlines.
Reddit Movement, NOK has gradually grind its way up. It has formed a nice channel. The major and minor waves seem to respect fibonacci extensions very well.
traders.
announced a 1:10 reverse split. it is now at wave 4 of a diagonal sitting above a major pivot support. The enticing gap beckons above. This is a low risk/high reward play imho.
Cannot really start until these behemoths make their move. Targets shown include the cup n handle, sub iii of , and itself. It is on the verge of printing a 5 up so I plan on getting in after a 3-wave pullback.
Before its epic short squeeze. I posted a chart on GME when it’s price was $3. NEGG is much further along having printed a 1-2-3-4 off its all time low. Unusual option activities include selllers collecting huge premiums on July 16 calls. This could easily pull back 38.2% but I would go long after that. There is blood in the water.
count but when it came, I was struck by the forcefulness of the move. A 15% drop today. And it is not even done yet. I think fib 78.6 should be the bottom.
Indicators support this final thrust up. After that, who knows?
talking of a gamma squeeze, whatever that is.EW wise, it is on a wave 3 with a target of $215.
Potentially a double or triple bagger within 2~3 months
will be on the Space Test Flight on July 11, SPCE rallied from minus 6% to plus 19% for a total swing of 25%. The total volume for the day was about 35M, a fraction of the 300M last Friday which took the stock to $59 following the news that the FAA had granted them a license to fly passengers to space. On this chart, I have listed the daily pivot levels R1 through...
off it.Wave 5 of three targets the 1.618 extension as well as the 5=1 level.
the long term trend line. It should be noted that the overall count is a very bullish 1-2,1-2 which is quite unlike the general market which is in finishing stages of a 5th wave. The reasons I cannot count the last 2 waves as a 3-4 are shown in the body of the chart. With Jack Ma's problem with the Chinese authorities in the rear mirror, I am cautiously optimistic...
I just saw it after it printed a lower low. I was counting it as a wave 4 but it got lower than wave 2. Now it looks so obvious. The successful flight today could see it go up 30% on Monday.