FREE: IS A MASSIVE SHORT SQUEEZE COMING?? OPTIONS ACTIVITY + $QQQ
FREE: IS A MASSIVE SHORT SQUEEZE COMING?? OPTIONS ACTIVITY + $QQQ
FREE Report for everyone
Hello Traders,
Lets get down to business.
The market in our opinion is very very strong and we need to be prepared for a potential rally over the course of the next few days.
Now, before we go any further I do want to say that MANY TRADERS SEE this strength and if for some reason the market reverses and sells off from here then it could be a violent sell off due to a bull trap.
Lets look at the NASDAQ $QQQ for this first case review.
$QQQ
We are looking at price action with no indicators.
We are looking at 2 big things on this chart to help us have an higher conviction of a bullish thesis.
Trendline
Four (4) day range between around $339-$348
If $QQQ gets above $348 we want to be on high alert for a potential rapid move to the upside.
If $QQQ falls and ends up falling through $339 then we need to be defensive or bearish in our opinion.
LUSSO’S OPTIONS
For everyone who is not on our PRO Report for $200/Year right now with the coupon 20% off for life, Lusso’s Options is something we feature in our reports. We find handpicked option activity on stocks we like for potential upside or downside.
We have been sharing $DWAC quite frequently with our PRO traders and have called it from $84 to $140. From $87 to $94 and most recent from $91 to $101.
BUT NOW IS YOUR TURN TO SEE HOW WE DO THIS…
CONGRATULATIONS….🥳🥳
🎫YOU GOT A TICKET!🎫
With this ticket you get access to activity we were seeing into the close on $DWAC!
Into the close we saw orders come in SELLING PUTS on $DWAC. This could be potentially bullish and someone may think a squeeze could be coming.
I have called ALOT of short squeezes in the past…
One thing about today is…it trapped a lot of shorts. As the price went over $100 mark and failed to breakout and stay above $100 shorts came in and pushed it down.
Now that shorts are in big, it has a greater potential for a squeeze.
As you can see the trendline, we want it to hold this trendline and continue to trade about the trendline.
Bottom Line
We can’t get into too much detail because this is just a free report and not our PRO report for our more advanced set of traders.
When you join PRO you get access to us via Whatsapp and email for any questions you may have. You also receive 2-4 reports a week and you will get access to our future conference calls and Futures Small Account growth trades.
Lets keep $DWAC on watch over $100 for a potential squeeze and lets keep the $QQQ on watch over $348 for a big and fast move up potentially.
PRO READERS: We are working on our next report now. Will try and have it out soon. The market looks strong so we want to get something our Pre-Market so everyone is prepared to make a lot of money potentially
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