Hello special agent,
Your mission, should you decide to accept it, is to analyze the 3 of my best trade setups.
These ideas come from the very top, so treat them with care.
Use these ideas wisely, as they could lead to explosive moves.
Should these fall into enemy hands, we will disavow any knowledge of you and these trades.
These trades could possibly change the course of humanity.
Good luck trader, and Godspeed.
Sea Ltd (SE) - 40% Short Float
Last week I came across this stock I traded a few months ago.
When I saw the 40% short float, my eyes just about popped out of my head.
High short floats create potential for enormous short squeezes.
A short squeeze occurs when too many traders sold shares short to bet against a stock.
When the stock's price rises, their losses compound until the broker forces them to close their position and cut their losses.
Here's the cool part. To close their positions, these traders need to buy back the shares. That creates this cascade of higher prices, more shorts covering their position, even higher prices...you get the drift.
A stock with 40% short float means nearly one out of every two shares is sold short.
And with a stock flirting with all-time highs, it creates a perfect scenario for my TPS setup to make some coin.
Let's take a look at the 130-minute chart.
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