This idea is a fun one for the tinfoilers out there.
GME
There are many ideas behind 741 and its meaning, however one pops up frequently in my own head, and its the estimated timeframe of 741 days and how it plays into the stock itself. It's a 741 day shorting algorithm, which is set when you see an initial shorting of a stock. At the end of the 741 days, you will often see a spike in price, known as a sneeze, and a rise of price upwards the weeks prior.
741 days before the initial squeeze dates back to Tuesday January 15, 2019. Coincidentally enough, this is also roughly the same week GME had a retest before being shorted into oblivion.
Now given the extreme pile on of retail, and the potential derailing of an algorithm, a buffer zone has been applied to the next shorting phase, approximately June 7th after the At-The-Market Equity Offering Program.
741 days after the initial offering of the Stock Sale, leads us to June 18, 2023, which would lead me to believe that there will be a price movement upwards around this time, and this prior weeks leading up will fluctuate into the $30 dollar range, starting this week.
GME
There are many ideas behind 741 and its meaning, however one pops up frequently in my own head, and its the estimated timeframe of 741 days and how it plays into the stock itself. It's a 741 day shorting algorithm, which is set when you see an initial shorting of a stock. At the end of the 741 days, you will often see a spike in price, known as a sneeze, and a rise of price upwards the weeks prior. 741 days before the initial squeeze dates back to Tuesday January 15, 2019. Coincidentally enough, this is also roughly the same week GME had a retest before being shorted into oblivion.
Now given the extreme pile on of retail, and the potential derailing of an algorithm, a buffer zone has been applied to the next shorting phase, approximately June 7th after the At-The-Market Equity Offering Program.
741 days after the initial offering of the Stock Sale, leads us to June 18, 2023, which would lead me to believe that there will be a price movement upwards around this time, and this prior weeks leading up will fluctuate into the $30 dollar range, starting this week.