롱
TTOO - Temporary Bottom Likely
Through deceitfulness of the current CEO regarding a surprise share split, the stock has seen a lot of damage recently.
However, keep in mind that in order for shorts to make their money/profit. They need liquidity to exit their trade. There's a ton at this level given VPR, that combined with the 0.886 Fib level, we're definitely at the max pain zone. Highly likely that shorts are exiting their positions in mass near this level.
We're looking at an initial strong response of buying pressure due to mass shorts exiting + some high risk long entries, second move will be likely to a mix of short squeezing and new opportunistic buyers after seeing a solid higher low on the daily level.
THIS ENTIRE PLAN IS INVALIDATED IF TTOO CEO COMES OUT AND ANNOUNCES PLANS FOR MORE SHARE DILUTION.
However, keep in mind that in order for shorts to make their money/profit. They need liquidity to exit their trade. There's a ton at this level given VPR, that combined with the 0.886 Fib level, we're definitely at the max pain zone. Highly likely that shorts are exiting their positions in mass near this level.
We're looking at an initial strong response of buying pressure due to mass shorts exiting + some high risk long entries, second move will be likely to a mix of short squeezing and new opportunistic buyers after seeing a solid higher low on the daily level.
THIS ENTIRE PLAN IS INVALIDATED IF TTOO CEO COMES OUT AND ANNOUNCES PLANS FOR MORE SHARE DILUTION.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.