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Dissemination day. Shorted stocks ALWAYS pop on those days. Expect a nice jump Monday after hours.
$COIN IPO. Wednesday the 14th. Valued over 200 billion dollars. Lots of hype around that, should bring more volume into the crypto stocks.
Thursday: THE BIG DAY. (Or before) SOS should be releasing a statement about the third batch of miners, that would make them THE largest crypto miners. What would be nice is if they come out with more information about the supercomputer. But who knows.
All in all, we have gotten out of the 4โs. Found support at 5.15. Bitcoin should touch 60 this weekend. (Hopefully Monday morning)
But most importantly, we have consolidated. Thatโs shorts WORSE night mare. Have you seen the bar coding after hours? Once we get the volume up and break through some of the resistance levels and walls, and get anywhere over 6.50, we should be seeing $8 EOW.
REMEMBER: short squeezes donโt happen in a day. GameStop took MONTHS. Not only does SOS have a ton going for them this next week, but this is a long term play as well IMO. This price should be illegal with how much this stock will grow in the next month, year or more.
(Not financial advice, but Iโd make love to SOS if it were a person) ๐
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