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$WOOF i dont know all that much about the stragedy of shorting but i assume it means that ur goal is for the stock to go down and then you make a profit..well even though the stock hasnt gone up much it also has not gone down much either..i keep seeing it go from low 21 to high 21..so i assume it has to of dropped to do that..so that said why is shorting being played here?..not much to gain it seems..why not go long..then when the stock is say at 50 then short it to try and get it back into the 20s..wouldnt that seem to be a much better play then i guess trying to squeeze a few cents from this stock while its in the 21-22 range?pumma4, published April 10, 2021
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$WOOF - THE VIDEO THAT STARTED IT ALL! It's old, and it's the best on Fibonacci levels, retracements, extensions, and price targets.
I've attached one of my favorite technical analysis videos. I've seen it several times over the years. If it's your first time. Look at the percentage levels to the left. Does it start with 100% (at the top) going lower where the 4th level down is the golden ratio .618, or... Does the top start with 0%, and the second level down is .618? Make sure you watch 15:45 in to the video, and understand why he switches the top line to zero percent. Answer, "This is where the profit taking could stop here."
If you notice $WOOF the blue circles show the resistance levels, and that the price action did in fact get above to .50, and then even touching higher to .618; thus, bullish. If it never gets above .50; thus, bearish. Here's the video, it's the best: https://www.youtube.com/watch?v=QwJ-i5xJz8s
$WOOF be careful with this one, anyone who has played earnings before knows a big run leading up to the report usually means a big dump after the call. not too worried yet, not rocketing up, but definitely something to keep an eye onnoahsuthy99, published March 15, 2021