In the monthly timeframe we see a massive falling wedge which is a bullish continuation pattern. In the longterm we can possibly see a PT of $36. Gamma squeeze could set us up for $36 we will see on Monday. Once a gamma squeeze is triggered combined with extra dry powder from stimulus to retail traders could potentially cause the actual "short squeeze" making ATH's.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.