Meme Stock is a TREND now ?!?
First of all, this is only my point of view and not a suggested stock to invest in. Use your knowledge to analyze and profit together!!!
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In 2021, $GameStop(GME.US$ started to decline after most of the short sellers cut their losses and bought shares, as you can see here with the volume of shorts decreasing from over 25 million to less than 5 million.
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Today, $GameStop(GME.US$ also started to decline after short sellers decreased their positions from over 25 million to less than 9.8 million.
As you can see from the graph, the higher the number of short sellers, the higher the price of the stock. This is the purpose of a short squeeze: to eliminate those short sellers!
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This data, released by NYSE and NASDAQ an hour ago, shows that the market hasn't opened yet. As you can see, the short volume for $Faraday Future Intelligent Electric Inc.(FFIE.US$ has risen to over 150 million, and for $Crown Electrokinetics(CRKN.US$ it has risen to over 250 million, which is incredibly high. Based on this, you can infer today's price movement. This is the only reference we can use to take profit and run. This is not gambling or a casino; we use history and graphs to analyze it!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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104483983 : gme n amc seems to have run out of steam already. ffie seems like peaking already. question is when crkn will peak n start to decline. and which counter is next. sofi seems to be 1 possible counter for this. opinions ?
103226286 104483983: After played fife,crkn ,start dropping mean signal bsck to those have fallen sharply and accumulate, they will come bsck to gme and amc again. This is their ancestor
jdddd 104483983: I think there's going to be another battle tonight for $Crown Electrokinetics (CRKN.US)$ .
EatSearchers : Crkn.us sure rose.. after market already give the signal.
EatSearchers 104483983: Seem peaking? No.. i see 2.3 lst night.. tonight rose 4 minimum