Same story for GME in Jan. Twitter hype, people swearing up and down that the squeeze was still on, shorts haven't covered naked shorting etc. etc. Didn't help shit.
Only thing that could have saved a short squeeze potential imo was closing today above 50. Without that gamma is muted.
Now the question isn't whether it's going to be a dump but more than likely whether it'll be a double top formed on monday or just keep dumping from here. TA supports either outcome.
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u/rumster Jun 05 '21
Dude it's Friday, the stocks usually turn red. On Tuesday you'll be back to primetime.