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

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Comment（17）

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  • ChrisColeman
    ·2023-10-11
    TOP

    今天我观察名单上的所有人都是绿色的...出什么事了？我以为因为中东的新战争，一切都会变红...木材

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    • Shyon: 
      哈哈看到绿色观察名单总是好的，不是吗？
      2023-10-11
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  • JohnnyYoung
    ·2023-10-11
    TOP

    Run to reality. This is no money earnings business.

    Why invest in it?

    Just gambling. No free money at all.

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    • Shyon: 
      Yeah solely for very short term trade. Some may call it gamble.
      2023-10-11
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  • ChrisColeman
    ·2023-10-11
    TOP

    and the usual pump before horrible earnings. So predictable.

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    • Shyon: 
      This is the hardest thing to judge. From my experience, it is always better to close position before earnings call.
      2023-10-11
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  • BillyWilliams
    ·2023-10-11
    TOP

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

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

    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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  • zinglee
    ·2023-10-22

    AMC只会走到我们所有人都愿意坚持的高度！！我不会卖10万美元。50万美元或更高！！

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  • BruceBryant
    ·2023-10-11

    The lower that heavy resistance goes, the easier it will be to break through it

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  • wigglyz
    ·2023-10-22

    據報道，AMC將有103年曆史的劇院歷史上最大的季度報告

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  • wigglyz
    ·2023-10-22

    24 billion shares only live in the minds of these AMC monkeys suffering from autism.

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  • cheerzy
    ·2023-10-22

    AMC will suffer large losses for Q4 and Q1 2024

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  • Aqa
    ·2023-10-12
    LSC! 👍🏻
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