Today looks like a good chance to break out of the downward cycle and have the candlesticks start to really make their way up. The opposite is also true, so be careful.
We tested yesterday and got rejected, we still made a higher low, gaining support again at 115. Will we get rejected again today? The odds are in our favour. Good luck everyone.
You Only Live Once! That's the sort of sentiment that's driving Gamestop north like nobody's business.
GME share price rocketed only because a bunch of Robinhoods pumped it. Then some guy who builds rockets tweeted about it, and it moved madly more north than ever.
Billions were lost by short sellers, and they then turned long joining a load of other late...
Potential gigantic cup and handle pattern forming? By the looks of it, needs to get past 150 to break the overall current trend. May dip to around 70.
Not sure if chart analysis even works in the context of this stock as it's so volatile, but these levels are key levels if we take into account technical analysis. Thoughts?
I called this earlier, I believe that GME stock is very valuable because games are fun and I hear that hedge funds are desperate for this stock because they think it's going to rise.
This is of course speculation but it just so happens that these trends aren't so hard to spot guys. Just buy GME and hold it for some time and the business will be able to start...
* short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight
* short share public availability: 0
Shorts are exiting their positions, but an amount of shares equal or almost equal to float is still shorted.
robinhood and other brokerages didn't have the capital to place buy orders at times yesterday.
Robinhood is apparently going so far as to...