Liquidmetal Technologies Inc (LQMT)

[makingitnow]

LQMT went from a red bar on 12/2/20 on the squeeze to a yellow bar on 12/3/20 with a 1 dot squeeze on 12/9 then 3 dots in a row on 12/15 -12/17 then 12/23 to present. The dots are showing energy or compression to fire one way or the other, it can fire either way but we are approaching the zero line from a negative move from our last run up and once the green dots show again it has fired either to the upside or downside. right now it is indicating a move higher but the squeeze has not fired yet but a squeeze to the upside is setting up. It does work better with larger cap stocks but I use this tool to day trade on the 1, 5 or 15 minute chart on any day trade I make. right now we are in a area of consolidation on the daily and the longer these dots are on the squeeze tool are present the harder the squeeze fires.(in my experience) this is indicating a squeeze to the upside. right now I would say we have a 3 dot squeeze on the daily. we could trend up or down. Look at MICT. I am in that trade and you can see what the price did after the dots went away and turned green. We could say it fired to the positive side.

This is my interpretation of the TTM squeeze tool