Thread by @JasonRutkowski3

$SMMT Alright thread time. Here is a stupidly bullish lvl 2 signal that maybe happens once per month. Anyone who follows manipulation knows riggers paint lower highs then initiate a squeeze. Sometimes they do this by having HUGE asks or hidden sellers at key levels.

But think, do you think anyone is legit trying to sell 900k shares and showing it on the lvl 2 for everyone to see? Fuck no, especially on clearly rigged/strong stocks. They are just trying to build enough short stop losses and shake out enough scared longs before the squeeze.

At 1:45pm on $SMMT they finally brought the tape back up to that lvl and both of those offers at $2.23 and $2.24 were GONE. Guess what? Every stop loss above that gets triggered and they initiate the 30% squeeze.

Here’s another example, $TBLT on 11/14/2022. Here are the lower highs they painted. Here are the offers they showed. Clearly rigged manipulated ticker. They often take out support before initiating the squeeze.

These are often A+++ long signals. I already pointed out variations of this recently with a MASSIVE hidden seller on $MMAT on 11/21/2022 or someone hard refreshing the ask on $SHPH on 12/5/2022.

Btw it can also happen in the OPPOSITE direction, specifically on bid props. On the $PEGY bid prop on 10/5/2022 they were flashing this bid on a clear higher low prop. In this context with these technical on a strong stock, it all but guaranteed the crack.

Record your tape and your chart, this shit happens over and over. I maybe use lvl 2 on 5% of my trades, but holy shit when the lower highs chart painting shows up and the lvl 2 starts doing this, it drastically increases it’s chances for a squeeze. Vice versa with the bid prop.