Happy 2024! It is Cheeky with you all on this glorious Friday.
I didn't receive much love when I anticipated the strong sell-off to come in 2023 with TYR stock price.
Accordingly, I have not had to make any charting updates since, as all bearish sentiments in past posts have all appeared to come true with timely alerts for all my market participants.
TODAY, WHILST IT'S STILL THE FIRST MONTH OF 2024, A CHART UPDATE IS REQUIRED AND AN ANALYST UPGRADE HAS BEEN INITIATED WITH TARGET PRICES OF $1.17 TO $1.38
I hope I receive much more likes for this
Tyro appears to have legit bottomed out with strong support now showing at the $1 range.
Shortseller Data is reflective of a near identical stock price chart. Hence, technical analysis on the Shortsell Data was also included as a little addiction I have
For shorting to increase, so does the share price to allure more participants to get in at areas of what they deem to be "resistance". In this instance, the former $1.17 gap fill I warned being filled when prices where still at $1.38+ would now be an appropriate level for some sell zones to occur.
I ALSO SUSPECT THIS IS THE TRAP FOR A SHORT SQUEEZE! I suspect short interest will pile on more at $1.17 and above, causing a breakout in price from $1.17 AND a break out of the Shortsell data. THIS COULD propel prices back to the $1.38's and above. Refer to charts below
SENTIMENT IS EXTRMELY BULLISH = I ALSO HOLD only $5,000 at the moment but will look to add on dips
My apologies as I usually add Market Depth to see Buyers & Sellers or a Weekly chart.
I have attached both below, all highlighting a trend reversal and a bullish move back up.
P.S Weekly Chart has the same White & Red Box that can be seen on the Daily charts! What Levels!
Weekly charts suggest Multi Week and also a Multi Month run.
Short Squeeze seems way more likely, ESPECIALLY if all the volume soak that is seen on the charts at 90c to $1 zones COULD be Regal Funds and other pals REBUYING back in.
Since Regal LOVE shorting, they are going LONG right now in the hopes to dish them off into overheads and perhaps even look to provide borrows. Fantastic times ahead for the privy, astute, well prepared individuals
Market Makers, I am ON your side! Please take care of me again on the way up
SENTIMENT: BUY/HELD!
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AND AN ANALYST UPGRADE HAS BEEN INITIATED WITH TARGET PRICES OF $1.17 TO $1.38
only $5,000 at the moment but will look to add on dips
(20min delay)