Usually on friday, options will expire and the market will be bearish.
For investors that understand, they will hold.
For traders that understand, they will sell before friday.
Friday is one of the best days to buy and mondayis one of the best days to sell.
I know everyone is holding for the big squeeze and the squeeze is not over. Do not fear!
For meme stocks/ stock that are hyped is not bout the fundamentals. It is focused on the amount of shorts. The heavier the shorts, the bigger the opportunity and when retail investors hold, it makes the price rise as it force the next buyer to buy in at the price we desire as we decide not to sell at the price we deem low.
Short squeeze is bad news for short sellers and good news for investors going long. The "squeeze" forces short sellers to buy, raising the price of the stock, which causes them to lose money. Investors (buyers) benefit as the stock price goes higher.
In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals.
But always remember, only invest what you can afford to lose. Always take profit and never risk beyond what you can lose.
Word of advice ⚠️
For every high , there will be a low!
What goes up must come down!
Do not chase high!
Swing trades for risk takers during the highs and hold during the lows!
What goes down will go up! It's just a matter of time, but.. if you bought it at the peak of a hype then chances are you may never cover your losses fully again.
$Exela Technologies, Inc.(XELA)$$AMC Entertainment(AMC)$$GameStop(GME)$$Marin(MRIN)$$Carver(CARV)$
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