$Nu Holdings Ltd.(NU)$ interestingly enough, there seems to be a strong resistance for Nu toclose above 8.00 which it only managed to close in 2 sessions. Technically, Nu had broken and managed to close above 8.00 despite divergence goes to show it's strength, however unsustainable thus far. O'mighty Oracle @Sporeshare care to share your view looking up from 3.93? [Sly]
$Nu Holdings Ltd.(NU)$ With 98.17M short interest, I would not be surprised upcoming earnings report in May will result in short squeeze pushing to potential target above $6. I would stillhowever maintain a "Hold" view and not adviseto enter at current risk off market
$Bed Bath & Beyond(BBBY)$ Oracle, insider or soothsayer at work? π On March 8, 2023 at 11:37:13 ET an unusually large $400.00K block of Put contracts in Bed Bath & Beyond (BBBY) was sold, with a strike price of $4.00 / share, expiring in 317 days (on January 19, 2024).
$Genius Group Limited(GNS)$ Nice to have taken some profit at 7.60, looking to add more position at retracement levels. Looking good forintraday traders atm π
$Genius Group Limited(GNS)$ As a follow up of my earlier post, congrats to those who taken some profits around 6.6-6.8 level. Looking at the short volume, it clearly shows how the stocks are being overly traded/shorted over the last few trading sessions. Can GNS bulls have the volume to fight against the shorts despite having all the positive news and earnings report? IMHO, it is going to be a long fight, while it's good that it provides high volatility granting multiple trade opportunities for momentum or short term traders, downside is long term investors may take longer time to realise their target price level given the uncertainties and volatility. [Smug]
$Genius Group Limited(GNS)$ Found new support at 6.8 and confluence area between 6.6-6.8 has to hold before it will even consider closing above 7. With the fundamentals supporting triggering the price action, naked shorts are still rampant and showing it's strength working against the bulls even with good earnings report. Intraday and short term traders can consider taking some profit at this level while keeping a smaller long position π