There are multiple stocks that look prime for big short squeezes (And if one were to take a more optimistic view, they could say lows may be in - but I think we probably are still likely to see bear conditions in 2024 if we rally).
Various stocks that were the most beaten down may not be at this stage.
From this stage, BB was going 90% lose - but it would double first.
We have examples of this in;
ARKK ARKK could be set for sharp bounce. for AMEX:ARKK by holeyprofit — TradingView
SNAP SNAP could make a sharp bounce. for NYSE:SNAP by holeyprofit — TradingView
PYPL PYPL could make a sharp rally. for NASDAQ:PYPL by holeyprofit — TradingView
Of course, good risk protection should be used but there's a good chance these rally or at least range and IV crush. They seem like high value short put ops.
Of late I've been explaining the case for markets being due to make another rally before a bear trend starting (And the bear trend we were in having now broke). Making this case of late feels like making the case for the bear back in 2021. I feel the bear has become too popular.
Be aware, these stocks could all be heading substantially lower but have blistering rallies first. Do not get caught short into a mega rally, or buy the hype after.
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