Do you play memes?

Shyon
2023-10-10

Market finally had some rebound signal last Friday and continue the movement early this week. Let's look at the same memes that we discussed previously. How are them going to move this week?

FFIE

The share price of Faraday remains quite flat over the past two weeks. It is still pending for an obvious move up or move down. From the RSI indicator as shown below, the stock is obviously oversold with a RSI value close to 22! We can observe that in May and September that the share price rebound once the RSI was near to this level too. Will the history repeat? With the oversold RSI, I am short term $Faraday Future Intelligent Electric Inc.(FFIE)$ Bullishfor it.

AMC

The cinema company! Following my several reviews in the past weeks, the stock finally welcomes a great rally after breakout from the consolidation zone, between 7.18-8.54. With this breakout, I continue to be $AMC Entertainment(AMC)$ for the company. However, there is a risk that the stock might pullback to the support at 8.54 before engage in next rally. 

AMC daily chart

How do you think, guys? Kindly share your point of view below! [Happy]  [Happy]  [Happy]  

@TigerStars  @CaptainTiger  @MillionaireTiger  @Tiger_SG  @Tiger_comments  

Meme Stocks
Stocks that gain popularity through social media.
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Comments

  • ChrisColeman
    2023-10-11
    ChrisColeman

    All on my watch lists are green today... what's happening? I thought all will go red because of the new war in the middle east... 🤔

    • Shyon: 
      Haha it's always good to see a green watchlist, no?
  • JohnnyYoung
    2023-10-11
    JohnnyYoung

    奔向现实。这不是赚钱的生意。

    为什么要投资它？

    只是赌博。一点闲钱都没有。

    • Shyon: 
      是的，只用于非常短期的交易。有些人可能会看涨期权it赌博。
  • ChrisColeman
    2023-10-11
    ChrisColeman

    在可怕的收入之前通常的泵。如此可预测。

    • Shyon: 
      这是最难判断的事情。根据我的经验，在收益看涨期权之前平仓总是更好。
  • BillyWilliams
    2023-10-11
    BillyWilliams

    no no no stay away from meme you’ll be happier

    • Shyon: 
      I was hurt by meme badly before haha!
  • icycrystal
    2023-10-11
    icycrystal
    thanks for sharing
    • Shyon: 
      Thanks for your support again
  • frosti
    2023-10-22
    frosti

    AMC monkeys like to have a bad guy to distract from what’s really going on with this play. They are grifters after all telling people to buy and hold while they momentum trade and play options…..

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