Meme Stocks Market Update - Guaranteed to Piss Off the Hedge Funds!
In this weeks market wrap, I pointed to an article from zerohedge - that claims that a lot pro traders seem to find a trade that's working? Not sure if any of that's true, but one thing is for sure, the meme stocks continue to make some of us a lot of money.
As I tweeted last month after we saw a big move in Coinbase:
I told my bartender to load up on #coinbase, in June
— Veteran Market Timer (@3Xtraders) July 20, 2022
No doubt the best tip she has received all summer pic.twitter.com/nTBCU15Pug
And this wasn't the first time I've mentioned Coinbase, and documented the fact that the powers that be, were relentlessly shorting the stock!
June 14th
#FakeNews @ Bloomberg seems almost gleeful that #bicoin crashed yesterday, and #coinbase is down...
— Veteran Market Timer (@3Xtraders) June 14, 2022
They are part of the deep state - trying to save the $USD
June 28th
Goldman downgrades #coinbase. What a racket
— Veteran Market Timer (@3Xtraders) June 28, 2022
The very next day, I revised the youtube channel, and called the bottom in Crypto, and the rest of the market.
Here's the Video Proof Dated June, 29, 2022 to document that fact
Fast Forward to the week ending 7/5/22
1. Coinbase continues to break out
2. AMC takes out my target - up 50%
It must really piss off the #Hedgefunds to see us winning like this #AMCSqueeze 😄 https://t.co/U8RbHriwrL
— Veteran Market Timer (@3Xtraders) August 6, 2022
I'd definitely be a seller of $AMC after this run, and when it breaks back below the 200 day moving average you'll know I was right, once again.
Take Care, AA
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