Thread by @team3dstocks

from my experience AND the overwhelming data, the BEST intraday long setups almost ALWAYS happen after 10am. that's why if im short a stock and it's still consolidating above VWAP after 10am, + beating its volume forecast for that time, i close the trade immediately or downsize.

https://twitter.com/pelonsax/status/1403817326143737865

that's b/c a stock with significantly more supply than demand should be getting SLAUGHTERED and near its LOD by 10am. with all the bulls from the open trapped and providing additional supply on every pop as bagholders. if they're not trapped, then guess who is.

#BearTipOfTheDay

Remember, most shortsellers trade MASSIVE size, and when u're on that kind of size u cant just "stop out" without massive slippage. ESPECIALLY after 10am where liquidity on the offer dries up faster than 90yr old pussy. This creates a domino effect once the stock starts to uptick

if u dont believe me, ask any other shortseller (who trades enough size ofcourse) how hard it is to close out a huge short position when the stock is near its highs post 10am. ESPECIALLY if it's a lowfloat. the offers feel like snowflakes. even a tiny partial cover causes upticks

combine that with idiot stock pumping chat rooms who are ready to chase every HOD breakout, and u have urself a massive supply/demand imbalance (everyone chasing the offer, but not enough liquidity to fill everyone's orders. so the stock keeps ripping). so bulls, take notes.