WAL:A summary of bullish and bearish indicators.

cheeryx

2023-04-18

Stock consultant

A summary of bullish and bearish indicators.

90%Strong Bullish

BULLISH

[Positioning] Extreme Oversold, odds definitely favor long trades.

[Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.

[Positioning] at support

[Timing] Good bullish 1 day moneyflow

Short % was almost 8% as of 3/31 and while some likely covered during the manipulated drop a couple of weeks ago there are many left that are dying to lose $millions more by covering in the upper 30s and 40s instead of down here since they aren’t covering. I’ll also be watching PACW and FRC next week for a swing trade as they both have around 30% short interest which is ridiculous at these levels and therefore will likely cause a massive squeeze.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JimmyChua
2023-04-18
JimmyChua
long term rates are lower than short term rates. recession soon?
jack_paing
2023-04-18
jack_paing
ok
Rainy_Diary
2023-04-18
Rainy_Diary
Up
Huat1333
2023-04-18
Huat1333
[Like] [Like]
Tig888
2023-04-18
Tig888
Ok
hehorhe
2023-04-18
hehorhe
ok

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