BB
$AMC not done yetDoubt this is done, not by a long shot. It appears money from CRYPTO to MEME is in the works. At least for the short term. This correlates with the thesis that $BTC is going much lower in the short term (see linked IDEA below.) Watch 6/9-6/14 time period for big moves to happen. This is when the bearish pennant on $BTC timing window is. Whatever happens in $BTC will probably be the catalyst for a lot of things to happen as well as FED on 6/14-6/15 window when volatility will likely return in broad markets.
Shorts haven't covered.
Apestrong
$PLTR Meme Stock with Real Fundamental ValueQuick update on PLTR, moving how I predicted towards its first target of $27. Red day today because of the meme stock price movement, but this company does in fact have true fundamentals and continues to sign deals with the US government as well as show YOY growth, data analytics will without a doubt be one of the biggest sectors in the near future, and one of the only positions I will accumulate steadily throughout my lifetime as an Amazon or Facebook of my generation.
The price movement can also be reflected by the meme stock rampage currently going on, due to redditors absolutely loving the company as well as our faithful Cathy Wood that continues to BTFD. Palantir not only is an incredible growth company that I believe will have a significant value in the years to come, but Reddit also can and has been giving this some steam to break out even further. Options are interesting on this one, so I would say share accumulation is the way to go. GLTA, PLTR to the moon (Long term for good reasons).
$GMBL Update & Prediction$GMBL met resistance at its previous resistance level at near the $12 level, a break above $12.15 would bring its next target to near $14.50. Watching closely, needs further volume and momentum
$BB Analysis & Predictions Based on Parabolic Squeeze MomentumWith BB now reaching a new high since the previous January squeeze, the level reached was approximately near the $20 Level, or the 61% Retracement level. It is now currently using the 50% retracement level of $17 as support for a potential next leg up. If parabolic movement continues in the "meme stocks" , you can look for your next targets of resistance levels near $20 (61% retracement) and then $24 (78% retracement).
The zones are as shown on the chart, shows how these fibonacci retracement levels play a significant role in determing support and resistance on 1D chart.
My position on this was strictly options, I purchased so called YOLO calls on Tuesday of this week
6/4 $16 Calls - 0.86 /c
as well as yesterday at the close purchased
6/11 $20 Calls - 3.30 / c
Sold the June 4's for 4.85 at the open today, cant complain about that gain and they expire soon, and I will hold these $20 calls for next week if the current support zone holds.
GLTA, follow for more
$AMC Analysis - Parabolic Movement & Retracement Patterns The chart is relatively self explanatory. AMC has been moving according to its retracement zone levels, we see resistance where there technically should be resistance, and we see support at key levels of the retracement pattern. Considering this is not your typical volatility and case scenario, the price movements are going to be nothing short of parabolic with short squeeze gamma metrics. Gamma in terms of MM's buying shares to properly hedge themselves for options contracts that are ITM, with a majority of contracts being 6/18 $40 calls. With more and more contracts becoming ITM, MM's buying shares to make sure they can "make" the market, AND closing purchases (short covers), parabolic type movement brings us to its next retracement level of 261%, or the price of approximately $92.
GLTA
$BB Short Term Options PlayFollowing the other meme stocks, I expect BB to show similar price movement to AMC. Purchased some $11 calls on Friday for a retracement move towards $13 with other meme stocks moving upwards. Speculative lotto play if anything. Heavy volume premarket, and gives a lot of retail trader exposure being a low priced stock with relatively low premiums in comparison to AMC and GME
$BB squeeze is starting now $nasdaq #blackberry
$BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely
The history is repeating ,like previous time after huge soaring and short covering of $AMC and $GME the next is $BB . The start of soaring was started today for $BB . It has 3,8 days to cover from short covering if the short covering start just now!
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$bb to $20 soon!$BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely !