Why I gotta thank shorts for these patterns

Plus, a powerful way to ramp up! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Good Morning! You don’t have to be a stock-chart whiz to realize the market’s had a weak start to the year. But if you look at the stocks on my screen and what the [SteadyTrade Team]( is trading… You’d think we were trading a brand-new bull market with all the monster moves we’ve been catching lately — like DWAC (+50% from [when I alerted subscribers]( BRCC, and KSCP… Ironically, these stocks have been ripping higher in a bear market because shorts are underwater in their positions. Short sellers can create great long setups. You see, a lot of low floats and penny stocks are junk companies. So if one of them issues a press release that sends the stock higher … you best believe shorts are waiting to pounce. Here’s what they’re thinking: - The news makes no sense - The stock’s up too much - This move isn’t sustainable - This is an ‘easy’ short - The fundamentals don’t justify the move And while all those points are valid eventually… They don’t mean much if you’re day trading, looking to be in and out in just seconds or minutes… Traders like us prefer to focus on the big emotions (fear and greed), price action, and market structure. So before you think a stock’s up or down too much, consider these factors… - How big is the float? - How many shorts are in it and at what levels? - Where’s the max pain — the level where shorts feel it the worst or when longs are ready to bail? Remember, the markets aren’t rational. They’re driven by human emotion. So today I’ll show you how to take advantage of long setups (yes, even in this market), by exploiting fear and greed in the market. sponsored Your Replay Streaming Now: The 7-Day Snowball Trading Summit Featuring Tim Sykes & Chuck Hughes [CLICK HERE NOW ]( Buy Where Shorts Are Buying Most of my patterns use key psychological levels as entry points... - The [dip and rip]( key entry is a break above the high of the day. That’s where short sellers typically set their risk levels. - [Red-to-green]( moves are powerful because when a stock opens red, shorts think it’s the first red day and pile in. But when it goes green, they’re all wrong. And that’s the level where they should buy to cover. In both cases, we want to buy when the [shorts]( are buying. We want to take advantage of extreme human emotions and powerful upside moves. HOOKIPA Pharma Inc. (NASDAQ: [HOOK]( was my top watch for a dip and rip yesterday. I outlined my trade idea on Friday’s watchlist. ([Get my weekly watchlist here — it’s free!]( Last week HOOK announced a [license agreement]( with Gilead Sciences, Inc. (NASDAQ: [GILD](. On Friday it had a day-three surge and closed at the weekly high, near the high of the day. It squeezed in after-hours, then held its gains into premarket yesterday. (The day-three surge is a new hot pattern that’s working lately. I’m dropping a new video to break down the pattern later this week. [Subscribe here]( and stay tuned!) At the open yesterday, HOOK didn’t dip — it ripped above Friday’s high and gained 20%! Shorts who guessed the top on Friday were wrong. That’s just one ‘small’ example of a short squeeze. Check out these historic short squeezes… sponsored [Bohen’s Profit Calendar For 2022?]( Did you see this ridiculous “profit calendar” from Tim Bohen? To see how to get tomorrow’s trading opportunities… BEFORE they take off… [Go here now.]( What Long Traders Should Look For We might not see those extraordinary [short squeezes]( every day. But these are examples of what day traders should look for… - Digital World Acquisition Corp. (NASDAQ: [DWAC]( was the most recent squeezer. It broke out to new all-time highs and went from roughly $13 to $175 in two days last October. And since then, [SteadyTrade Team]( members have traded so many morning red-to-green moves, I’ve lost count. - JinkoSolar Holding Co., Ltd. (NYSE: [JKS]( is another one … In September 2020 the stock slowly climbed from roughly $25 to $90 in about a month. Along the way, it had a multi-month breakout above $30. Then it broke out to new all-time highs over $42. Again, the shorts tried to guess the top. Every day for a month, they were wrong. - And who can forget last January’s GameStop Corp. (NYSE: [GME]( meme stonk short squeeze? It went from roughly $25 to $480 in about two weeks! GME’s previous all-time high was $44. - This one might be from before your time as a trader … In 2008, Volkswagen AG (OTCPK: [VWAGY]( stock quadrupled in two days. It briefly became the [biggest company]( in the world. That's the power of short squeezes and breakouts above key levels. I’m not saying buy and hold stocks then hope for big moves. We haven’t seen powerful squeezes like these since the markets shifted. But you can learn how to spot emotional key levels and buy when the shorts are buying. Grow your trading account by stringing wins together in repeating patterns and strategies ... not guessing the bottom or tops of moves. Like my [millionaire mentor Tim Sykes]( says, “Trade like a sniper.” Wait for your best setups, repeating patterns, and key levels — then take your shot. Learn how Sykes does it. He’s been in the game for over 20 years and he knows all about trading volatile penny stocks… Join him tomorrow for his all-day LIVE trading webinar. Sign up below to get in… [YES! I want to try StocksToTrade for only $7!]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes]( [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. 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