Trading META & TSLA Short-Covering

The put/call ratio is extended, meaning the market is ripe for a short-covering rally at any time.

Identifying a short-covering rally is about identifying a recipe. The recipe itself may take a while to come into play, but when it takes off, you want to be ready.

Being ready means having a short list of tickers you want to jump on for the best opportunity.

I’m eyeing an opportunity in Meta Platforms (META) and Tesla (TSLA).

Learn more about why and how in the video below:

 

 

 

See you in Orlando?

This fall, I’ll be heading to Orlando, Florida to speak at the Simpler Trading Summit and The Money Show! Want to learn more? Click on this link. 

Up Next...

Short Squeeze Watchlist: High-Potential Setups

My short squeeze watchlist is on the move today, with many tickers showing large percentage moves at the open. There are many key names in AI infrastructure, crypto miners, and tech plays, with high short float (over 10%) that are on the move. Any time a ticker has this combination, and then on top of … Read more

The Friday Market Wrap Up

Hey Traders, I’m wrapping up another wild week in the markets with your Five Star Trader update. We’ve seen quite a bit of increasing volatility as geopolitical tensions flare up and AI hype meets reality checks – but that’s what makes trading different every day, and fun! Let’s break it down and gear up for … Read more

Software Stocks (IGV): To Fail or Not to Fail?

Microsoft’s Downfall Microsoft has been one of the top-watched stocks on the planet, especially for the last several weeks. The nasty double top pattern that occurred last summer has continued to play out to the downside, and with each level, it has drawn new buyers. I’m sure you know I’m a huge fan of MSFT, … Read more

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now

Subscribe Today!

Want to walk the path to trading success together? Join Danielle’s “Five Star Trader” E-Letter for market insights, tips, tricks, and special bonuses.

We will never sell your information to any third parties.