CYberviRus
06-03

$AMC Entertainment(AMC)$ $Faraday Future Intelligent Electric Inc.(FFIE)$  GameStop shares surge over 80% during premarket after 'Roaring Kitty' trader posted his account showing $116 million position. This also stirred up other meme stock like AMC and FFIE. 

$Bank of America(BAC)$  has experienced a four consecutive weeks of up moves, which have reached its one standard deviations price runs. In oder to break the sequence, it is possible that the price will not continue the last up move.

Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding one, two or more SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory.

$JPMorgan Chase(JPM)$  $Semiconductor Bull 3X Shares(SOXL)$  have formed a bearish engulfing candle in last week trading session, indicating sign of weakness. Their share price is possible of moving lower.

Engulfing candle provide an approach for traders to enter the market in anticipation of a possible trend reversal.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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