| Good morning, 360! | Lots of meme action today! Put your two cents in today in the Market Master's Chat Room. Friends don't let friends trade meme stocks alone! | | FOCUS LIST🔎 | SPWR - Up over 50% in the pre-market as Reddit Apes come for short sellers | GME - Up over 50% in pre, Day 2 as meme hero Roaring Kitty returns Andrew Tate, David Portnoy join the pump | AMC - Up over 60% in pre, in sympathy with GME as meme mania returns | | 🌶️ Not the worst thing you could learn for $47!!! |  | *Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. |
| Pocketed $9800 on buying CAVA options and the stock in the first trading hour. | Did you miss this one last week? Fix that today! | Get my #1 Pick of the Week Every Monday at Market Open. |
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| | HOTLIST🔥 | SPWR - Up over 50% in the pre-market as Reddit Apes come for short sellers | SunPower Corporation (SPWR) is a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. | According to Finviz the stock had a 95% short interest based on yesterday's close. This is a similar situation to what happened back in 2021 with Gamestop and Reddit Meme traders have come to squeeze shorts and have turned their attention to SPWR along with GME and AMC. | SPWR traded up over 50% in the pre-market this morning. | | The $4.70 area acted as resistance in the pre-market and will be an important level to watch. | Above it, the first target for bulls is the pre-market high at $5.09. Beyond that, $5.50, $6 and $6.50 come into play. | Below $4.70, targets to the downside are $4, $3.35, $3 and then a gap fill at $2.75. | | GME - Up over 50% in pre, Day 2 as meme hero Roaring Kitty returns Andrew Tate, David Portnoy join the pump | GameStop Corp. (GME) is a specialty retailer that provides games and entertainment products through its stores and ecommerce platforms in the United States and internationally. | Over the weekend cult Meme Hero Roaring Kitty tweeted for the first time in 3 years after the GME short squeeze. This is what he tweeted: | | GME started to move higher over the last 2 weeks, up over 50% in that time. Despite a weak close on Friday, Roaring Kitty's tweet was the catalyst for a 70% move higher in GME stock yesterday. | David Portnoy and Andrew Tate both joined the pump reportedly buying stock yesterday in GME and GME traded up another 50% higher this morning. | There was a 24% short interest in the stock according to Finviz based on Friday's close so perhaps there's some shorts now underwater from last week and even more new shorts in trouble from yesterday. | There should be some nice movement for active traders in the stock in the coming days. | | The $68 area acted as support in the pre-market and now becomes a potential area of resistance. | Above it, the first target for bulls is the pre-market high at $80. Beyond that $86, $100 and $120 come into play, above which is blue sky. | Below $68, targets to the downside are $57, $50, $40 and then a gap fill at $30.45. | | | | AMC - Up over 60% in pre, in sympathy with GME as meme mania returns | AMC Entertainment Holdings, Inc. (AMC) through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. | Roaring Kitty ignited Gamestop and meme mania yesterday. Serial stock pumper on twitter x.com Zack Morris returned and promoted AMC to his 500k+ followers and the stock traded up over 60% this morning in sympathy with GME. | | The $10.70 area acted as support in the pre-market and will be an important level to watch as it's now a potential resistance level. | Above it, targets to the upside are $11.25, $12.30 and then the pre-market high at $13.30. Beyond that, $14, $16.60 and $19.60 come into play. | Below $10.70m targets to the downside are $9.66, $9, $8, $7, $6 and $5.19. | | MARKET NEWS 📰 | | | Questions or concerns about our products? 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