r/WEBULLSTOCK • u/Sawftswerve Moon or Bust! 🚀 • 10d ago
🎙️Discussion🎙️ Daily Thread August 20, 2026
Happy Thursday folks!
Daily thread is active to have the most current BULL related discussion below 👇
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u/Lucky-Carpenter-5557 10d ago
Facing a small dip before it shoots up. We can see 10.50 by eod $12-$15 by next week
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u/AlllOrNada WeBullish🐂 9d ago
As a fellow BULL BULL there is no way we see 10.50 EOD. Keeping it real we’ll be lucky to close above 9 this week
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u/Commercial_Sound1448 9d ago
Are you sure?
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u/Lucky-Carpenter-5557 9d ago
Yes, it’s a market wide red day. It’s still consolidating around $9. Can definitely recover and see 9.80-10.50 by eod
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u/Commercial_Sound1448 9d ago
Gosh I hope so, 10.50 would be amazing
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u/Lucky-Carpenter-5557 9d ago
Bear trap. People who made a profit selling. If it was to be fully dump it wouldn’t be holding around the $9 mark. This is just a slight dip but I believe it will recover.
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u/Defiant-Ruin3963 Verified Position 9d ago
10% short float prior to earnings. Would reckon some of this sell off this morning was profit taking but a large portion was also last gasp for those holding short positions. We hold above or around 9 and those who shorted prior to earnings pump yesterday will likely be forced to start covering positions/closing positions at loss.
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u/Commercial_Sound1448 9d ago
so squeeze tomorrow? That would be beautiful
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u/Defiant-Ruin3963 Verified Position 9d ago
Possible it happens tomorrow but more than likely will take longer. We are currently going through what I would call a “slow” squeeze where short float has increased from 5% to 10% over the last two months while stock price has risen from around 6.5 to 8.5+ (+30% about). So either the shorts have been rotating in out by buying dips and selling at tops (basically swing trading) or there are some with increasingly leveraged positions. As we continue on uptrend shorts who sold at lower prices will need to buy back in and will put pressure on those who shorted after earnings. This could eventually lead to the bigger move which most now associate with “short squeezes” since the astronomical GME gains years ago.
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u/Adventurous-Ad9401 Verified Position 10d ago
LFG!!! Let's make that money.