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Just an FYI, NYSE is quick to delist when non-compliant not like NASDAQ.
ACRX, IBRX, LILM, SMSI, UNIT ...
Some pinchers to consider.
https://stockcharts.com/h-sc/ui?s=IBRX&p=D&yr=0&mn=5&dy=0&id=p06074474260
SODE does look like a bottom. (eom)
BNED ... DCFC ... AREC ...BLND...VLTA...AVAH
Should have posted these yesterday.
https://stockcharts.com/h-sc/ui?s=BNED&p=D&yr=0&mn=5&dy=0&id=p92859129105
https://stockcharts.com/h-sc/ui?s=DCFC&p=D&yr=0&mn=5&dy=0&id=p94690895846
LU Nice! I don't think it is done ADX curling up into a Hi-Wave.
I have been watching CRTD since .41 on 10/19 closed today at 1.38 at 1.43 in after Hours. Up 54 % from the open today. Initially I identified it as a Hi-Wave.
Impossible to tell the winners in a watchlist of say 20. Most of the time NEWS is the trigger.
Trade Ideas is expensive and I don't have it any more but they did alerts on new highs and you could see a stock start to run. Some though rare would have a couple hundred new highs in a day (Sub 1.00 stocks with fractional change). Also, often times they would run a bit then get shorted back down.
Also, starting to think that stocks that initially gap at beginning of day, fill the gap because of profit taking and shorting until the self fulfilling prophecy of the gap getting filled.
I am in QNGY similar situation regarding naked shorting otherwise a Lidar stock and a SPAC. I would not recommend, had a reverse split then got shorted down to nothing. Did an offering a couple of days ago at $1.70 trading at .76 now.
Sometimes you have to trust the pinch. There have been times when I read posts and got discourage and the stock moved up fine on a pinch. Pinchs like every other technical indication is a self fulfilling prophecy. What I mean is there are a number of investors that see the same thing and invest the same way and they don't even look at the fundamentals, so you get the same outcome.
Here is my take on naked shorting - may have mentioned earlier.
Here is how the corruption works. My best guess. The SEC allows Naked Shorting by Market Makers (MM) The MMs watch the stop loss orders build. At a given point in time they sell shares into the market trigger the stop/losses. The stop/losses perpetuate the down trend building on one another. The MMs buy back the shares near the bottom.
Good Trades.
SIEN broke out then broke down so far.
SIEN (.2976) trying to break out as a I write...
https://stockcharts.com/h-sc/ui?s=SIEN&p=D&yr=0&mn=5&dy=0&id=p71094741925
VSTM - Saw that Reaction then Reversal. (eom)
Nice!
A few Pinchers 10/19/2022 .....
APPH
CFMS
SCOR - Falling Knife
SINT - Falling Knife
VSTM - Falling Knife
https://stockcharts.com/h-sc/ui?s=CFMS&p=D&yr=0&mn=5&dy=0&id=p73430144133
Nice one.
Pinchers for 9-25-2022 plus a Tip / Tool....
ANGI
https://stockcharts.com/h-sc/ui?s=ANGI&p=D&yr=0&mn=5&dy=0&id=p64171941957
ELVT
https://stockcharts.com/h-sc/ui?s=ELVT&p=D&yr=0&mn=5&dy=0&id=p85487652275
NUVB
https://stockcharts.com/h-sc/ui?s=NUVB&p=D&yr=0&mn=5&dy=0&id=p51191193539
Pinchers seem to follow the market and in this example of ANGI and the $COMPQ it is pretty obvious. So Pinchers tend to mostly perform well in up markets. However, there are exceptions.
https://stockcharts.com/h-sc/ui?s=ANGI&p=D&yr=0&mn=5&dy=0&id=p77251065809
IMTE Big mistake crashed and burned.
Bought into IMTE so will have to see how it plays out. 1.72
IMTE - Hi-Wave looks good right now ...
https://stockcharts.com/h-sc/ui?s=IMTE&p=D&yr=0&mn=3&dy=0&id=p00547243293
QNGY - Not a good choice may do a reverse split (being voted on now TBD on OCT 3) plus just completed an offering. I exited my position. Not sure why price is holding up. .2966 as I write. Excellent LIDAR products but not worth the gamble unless it sells off dramatically to a fair price.
QNGY - Offering announcement best to avoid this stock, too many outstanding issues. Too bad was looking good technically.
Just an FYI - QNGY, beginning stage of Hi-Wave poised to run needs follow through, SAR just flipped, 50 DMA at .34 fundamentals Lidar SPAC company, downside voting on reverse split on Oct 3.
Running as I write.
https://stockcharts.com/h-sc/ui?s=QNGY&p=D&yr=0&mn=3&dy=0&id=p72272593093
https://stockcharts.com/h-sc/ui?s=QNGY&p=D&yr=0&mn=5&dy=0&id=p57599436286
NOGN looks good right now for reversal... 5 Day trend is down, 1 to 2 Day trend is up - viewed in TDA at 5 days and 1 day.
I like NLSP, CGEN, COMP, PRTY ....
CGEN is a classic pincher.
https://stockcharts.com/h-sc/ui?s=CGEN&p=D&yr=0&mn=5&dy=0&id=p36544901857
Notice OBV black line.
https://stockcharts.com/h-sc/ui?s=CGEN&p=30&yr=0&mn=0&dy=7&id=p49786515659
Ditto, they look good. (eom)
Pinchers, Hi-Waves, etc. for 9/5/2022 + are ones I like best ....
Pinchers
AGFY
AMRN
AMRX
CGEN
COMP
TCRR
TUYA
Pincher / Hi-Wave
NLSP+
SMFR
ADMA
AVYA
GERN+
GSAT
RVPH
Etc.
INFI+
PRTY
CTXR+
https://stockcharts.com/h-sc/ui?s=GERN&p=D&yr=0&mn=5&dy=0&id=p93799583719
Reminder Markets closed on 5th Labor day.
I like AYLA and JUPW best be careful on delisting with KPRX and AMPE and potential reverse split.
Take a look at these posts of mine they may explain it. 58102 58103
Here is a current associated / related chart with the indicators referenced in the prior posts.
https://stockcharts.com/h-sc/ui?s=PALI&p=D&yr=0&mn=5&dy=0&id=p67298221970
SHIP Pinching today, first candle, looks good as a Natural Pincher.
OBV broke under price, CCI and RSI (5) positioned for turn, Trix turning, oversold indicators one or both indicate oversold RSI(14) and ULT.
https://stockcharts.com/h-sc/ui?s=SHIP&p=D&yr=0&mn=5&dy=0&id=p60117836815
FYI - Caution some could delist or reverse split. Like CYBN.
Here are a few ATIP, JWEL, PALI, SHIP
AYLA looks as good as MREO.
https://stockcharts.com/h-sc/ui?s=AYLA&p=D&yr=0&mn=5&dy=0&id=p46122954515
MREO trying to form a Hi-Wave after original Pinch, Hi-Wave, and now continuation, buyout rumor still in play (actual article, Times & Yahoo [$5] in June). Rubric Capital 15% share holder trying to force their hand and replace the board then sell the company (fundamental dynamics).
https://stockcharts.com/h-sc/ui?s=MREO&p=D&yr=0&mn=5&dy=0&id=p59294091149
UVXY Pinching on Daily, and $SPX rolling over on Weekly ...
https://stockcharts.com/h-sc/ui?s=UVXY&p=D&yr=0&mn=5&dy=0&id=p76018737347
https://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=6&dy=0&id=p78259314642
SNDL too much naked shorting, manipulation (eom).
SNDL earnings yesterday and conference call today...
Formed a Hi-Wave today (previous Pincher where now the PPO and ADX both turn up).
Ran hard earlier then major pullback.
Analyst quoting $5 to $7, has short squeeze potential.
https://stockcharts.com/h-sc/ui?s=SNDL&p=D&yr=0&mn=5&dy=0&id=p24277093510
Glenn1919 Both really nice - EXPR and TUEM
SNDL looking good ....
https://stockcharts.com/h-sc/ui?s=SNDL&p=D&yr=0&mn=5&dy=0&id=p29765126914
Completed reverse split at 10 to 1 on July 31 (vote). Earnings on August 11 after market. Will include Alcanna acquisition as only one day of acquisition was reported last quarter. Alcanna is a large Liquor Retailor in Canada.
Nice! (eom)
Pinchers for 8-7-2022 are ...
IMCC looks real good, just has to continue.
https://stockcharts.com/h-sc/ui?s=IMCC&p=D&yr=0&mn=5&dy=0&id=p00859484752
BITF Pincher turned Hi-wave, requires patience swings down then up repeatedly.
https://stockcharts.com/h-sc/ui?s=BITF&p=D&yr=0&mn=5&dy=0&id=p34337089244
Currently, I am holding MREO was a pincher then turned into a Hi-Wave and now what I call a New Format formation (meaningless term) however, when a steep rise does not fail and levels out, then it tends to rise again. What caused the steep initial rise was a news article in the Times (late June) about a buy out at $5 and then repeated on Yahoo. If true may take 3 to 6 months to occur so a long wait for something or nothing. I am not sure how long I will wait.
https://stockcharts.com/h-sc/ui?s=MREO&p=D&yr=0&mn=5&dy=0&id=p72698001210
OBSV doing well for you guys. (eom)