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Replies to #2066 on TheTriangle

tothe

06/23/18 10:42 AM

#2657 RE: BottomBounce #2066

ZN charts~~~ Mazel, help, what's going on, Russell-Rebalance or squeeze play?


Really do not know what we witnessed yesterday, Friday, at close. 17% of ZN shares traded hands on the same day as the Russell 3000 rebalance took place.
https://www.cnbc.com/2018/06/22/russell-rebalance-will-make-friday-the-years-biggest-stock-volume-day.html
https://www.investopedia.com/articles/stock-analysis/062516/russell-rebalance-study-what-you-need-know.asp

We know 9% of float is shorted and 9% Institutional held with O/S estimated 60M
https://www.nasdaq.com/symbol/zn/short-interest
http://shortsqueeze.com/?symbol=zn&submit=Short+Quote%E2%84%A2
https://www.barrons.com/quote/stock/us/xnas/zn?mod=DNH_S

We had our first squeeze alert Friday at 12:55 PDT.
http://www.buyins.net/tools/symbol_stats.php?sym=zn

https://stockcharts.com/c-sc/sc?s=ZN&p=30&yr=0&mn=0&dy=10&i=p63915676524&a=587159786&r=1526306602706&r=1526307137843


https://stockcharts.com/c-sc/sc?s=ZN&p=3&yr=0&mn=0&dy=2&i=p18178907842&a=587190900&r=1527262238137



There is an small symmetrical triangle tail at end of pattern. Too small to annotate on an already messy chart.
https://stockcharts.com/c-sc/sc?s=ZN&p=D&yr=0&mn=5&dy=0&i=p54668619729&a=578726617&r=1529631686200


https://stockcharts.com/c-sc/sc?s=ZN&p=D&yr=0&mn=4&dy=0&i=p70465321898&a=598064897&r=1528297883296


Link to Sam's STP chart, instructions on board intro.
https://investorshub.advfn.com/Short-Term-Pinch-(STP)-32033/

https://stockcharts.com/c-sc/sc?s=ZN&p=10&yr=0&mn=0&dy=2&i=p85868570806&a=578990274&r=1527262567672