Stonk
It's not a MARAthon it's a sprint!When you start putting Bitcoin on your balance sheet, you get the LOG chart.
Especially during QE infinity and beyond.
Eventually everyone capitulates.
You + BTC = Winning
Put Option Plan for $GMEI invested in $GME and Initially when I first heard it trended massively, My instant thought was to short the stock because of the obvious overvalue of the company. I went into the situation oblivious to what was actually the WSB's community moving in on the stock. After a lot of research I learned what was going on and gained a complete understanding of the situation at hand and decided to move in. I believe the stock will end its shine by the end of this week, with that thought I came up with my strategy to purchase 2 put option's. I've been day trading for about 4 to 5 months now, and what I have noticed some of the time in the market, is that; Say when the price of a stock is increasing rapidly, there's spots of selling pressure that occur in between Long Bullish sticks. The opening/ Closing price for these moments of selling pressure in a underlying Bullish trend, are points in price where the stock reacts differently around these resistance lines. I am planning on placing my puts strike price $37. The yellow lines represent the range I believe it will be traded in based on selling pressure points and movement around the resistance line off of the first initial Pump.
Off Topic: My first time uploading a post here. Let me know what you think of it! Thanks for reading!
Silver. The ultimate moon mission.GME short squeeze broke a dozen wall street hedgies.
Silver's short squeeze has the potential to break governments and the entire financial system.
Good luck!
AMC Chart Analysis, Week of 1/25- 1/29AMC Stock Analysis - Fundamental and Technical Analysis
Week of 1/25 - 1/29
Hope this helps some of you understand what happened
and why price moved a certain range/direction.
*can not predict short-term price
due to lack of data on 1/28-1/29
across the channels on
real time
volume
market cap
shares outstanding
bid/ask
limited # of shares purchasable changing
and fundamentals such as
company's outlook
economical outlook
future growth rate
current revenue
debt (significant changes)
Ratio of short-term traders (without long-term investment interest in AMC)
vs. Long-term traders (with long-term investment interest in AMC)
that will determine next week's buy/sell volume and interest.
