UPDATE Feb 9
We are running
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/9d9b580d57133b6081575cf2530ad2f2.gif/bigmoo)
It's a squeeze
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/28e2da0f2b2238669352fb810f0f5f10.jpg/bigmoo)
Here is the 30-minute chart. As i have drawn, the top of my channel is 436.20. Above that, I have 441.50 and up to 442. Once it breaks down out of my channel, I'm out 😉
Today looks to be a gap up day. a gap up to new all-time highs causes shorts to cover and probably cover all day if they remain under pressure. this could be a 2%+ day. BUT, anytime pressure relents, they fall quickly.
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/65bf24dd16d3376c851717c084266422.jpg/bigmoo)
Here is the daily (sorry, it's busy). my quick numbers are
18073
18292
18571
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/836f2f7c50953bd591ac9ef6c635bd13.jpg/bigmoo)
A quick look at a big day for my 🏴☠️ today. it's on the 200 MA (yellow) it had a doji candle yesterday. Let's see if we hold. We have the rising 50 MA (green)
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/3aeb8e3fe6473373a1ebf8168ba6b701.jpg/bigmoo)
We are nearing an end.
Be Safe, Be Careful, Be Wise
and as always
Good Luck ![]()
![UPDATE Feb 9](https://ussnsimg.moomoo.com/feed_image/70624085/390b2b8579583f08a155c30da13aafeb.jpg/bigmoo)
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humorous Squirrel_48 : oxen
dwarrior : Today still can squeeze more
iamiam OP dwarrior : yes it can
humorous Squirrel_48 : How do you watch CLF now
iamiam OP humorous Squirrel_48 : I like the bounce, but I think it's just that a bounce. I could be wrong it could grow. it is a good bounce off of support.
humorous Squirrel_48 : Where do you think the rebound will go? Are your previous target prices of 20.75 and 21.45 still valid?
iamiam OP humorous Squirrel_48 : that's what I'm holding for
humorous Squirrel_48 iamiam OP : Other than you, someone else also recommended CLF to me, so I paid special attention and bought this stock when it fell yesterday. I wanted to see when it should be sold![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
daydayup : Thanks, iamiam! Do you think that after 436, qqq may still reach 440 and above?
iamiam OP daydayup : not without a pullback now. we had a chance to super squeeze up today, but we didn't. we just had a good day. I would expect some kind of pullback now before going for new highs.
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