Wooooo, some really bullish option bets here for this Friday! Whether this does play out or not, the important thing is..... the overall sentiment here is very bullish. Mega whales making big moves. ๐คซ๐คญ
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Roukou
OP
GM 1
:
Given how heavily manipulated the stock market is, there is no definite answer to that. Fridays though are when market makers like to pin the price to make as many call options out the money and collect the premium, but a lot of whales are on our side. Let's see how today goes, but then if you know how Fibonacci retracements work, we are set for a bounce up again.
GM 1 : So should we be expecting upward trend or downward ?
Roukou OP GM 1 : Given how heavily manipulated the stock market is, there is no definite answer to that. Fridays though are when market makers like to pin the price to make as many call options out the money and collect the premium, but a lot of whales are on our side. Let's see how today goes, but then if you know how Fibonacci retracements work, we are set for a bounce up again.