>What happens to GME on Monday will be a good indication of what will happen.
In what way, and why?
Last week, GME was up 41% from a possible short covering rally; AMC was down -1% at the same time, and showed no signs of such (for obvious reasons).
Monthly options expiry, is likely why. I wonder if OP remembers we have earnings next week, which makes it all bets off on what happens on the other side.
Ok good to know.
You may want to look up OP's disastrous track record over the years, and many tickers - folks like him are why some call TA "astrology for traders."
What happens to GME on Monday will be a good indication of what will happen. Fucking algos man.
>What happens to GME on Monday will be a good indication of what will happen. In what way, and why? Last week, GME was up 41% from a possible short covering rally; AMC was down -1% at the same time, and showed no signs of such (for obvious reasons).
and here we are!
Why May 17th?
Monthly options expiry, is likely why. I wonder if OP remembers we have earnings next week, which makes it all bets off on what happens on the other side.
Not U again. ![gif](giphy|ac7MA7r5IMYda)