Does the RiteAid short squeeze have another leg?

2023년 8월 6일

RAD has been flying after a long period of consolidation and wek fundamentals.

The Reddit army is marching with the RAD flag. At one point RAD sqeezed 100%

but it has falled back a bit in the profit taking. Still the retracement is shallow

so far. In the close of the trading week, in the last hours price dropped to 2.5 with

support from the anchored mean VWAP and then rose to 2.68. I believe this should be on a

watchlist if you like to trade meme stocks. TUP is now competing with RAD for meme

attention. I will get back into both of them when I find the clear and compelling opening.

I will pay attention to rising volume and rising volatility on a low time frame chart

to make that finding. Shorts may better realize their pain this upcoming week and add a

a bit to the buying pressure allowing for some synergy with new buyers.

2023년 8월 8일

액티브 트레이드

RAD popped in the premarket and I took a partial profit. Then fell the rest of the day. Expect more volatility and more profit this week. It is on my meme list.

2023년 8월 9일

액티브 트레이드

Another 4% during a sideways general market- I like it .