ilmscore | Prediction Details
"so the result is that it's been very crowded and it's like there's so many buyers and sellers jamming together just to try to capture you know a tenth of a penny maybe a couple tenth of a penny and make a couple hundred dollars on 100,000 shares now the most of the traders that are going to try to do that will be trading with a commission free broker where you can trade as many shares as you want without incurring any uh fees and Comm commissions so this is the chart right here on foxo right now it is hitting a new high a day it is currently up 72% I'm green on it and I'll walk you through why I decided to break the ice and trade it so let's start by looking high level at the daily chart because this is a stock that again doesn't really meet the profile of the type of stocks I've been the most excited to trade recently the price is lower the float is a little higher and it's certainly very thickly traded but this is why I broke the ice on it so it has no news which is obviously not preferred but that is the reality this is a continuation setup so I have my scanner over here where I scan specifically for continuation and this is a continuation setup is when you have a stock that has made a really big move like over 100% And is continuing to hold those levels so when a stock makes a really big move and it's continuing to hold up near the high we watch that for pulling away and the thought here is that anyone who is short is going to start to get squeezed out and forced to cover and that's when things can get interesting"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:02:04 - 00:03:40
Interpreted Prediction
FOXO, despite its low price, high float, and high volume, was traded due to a continuation setup after a significant prior move (over 100%), with the expectation of a short squeeze.

Prediction Details

Ticker
FOXO
Initial Price
0.94 USD

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