CFVI Long, It could rumblePossible WSB play if network effects of Andrew Tate could influence Zoomer capital to buy the stock as a FU to the monopoly to social media content platforms. However, it does bring into question how much of an influence they really have given how personal savings have fallen back to 2016 levels . This idea is only valid as long as we don't close under $12.05 on a daily candle.
Max price point I could see it going would be ~$52-$65 given how BBBY had a max mcap of $2.5B after WSB made its move on it (But lets not forget that it was short squeezed). Realistically, I can see it going to $17-$27. Good entries for a long at this point are ~$12, $11.35, and $10.30.
Max low price: 10.00
Max high price: 65.00
Trade:
Entry:12.19
SL:11.22
TP:17, 25, 50, 65
