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.
Based on the Fibonacci trend line and the historic Volkswagen short squeeze. Not saying that it might be an exact replica of the Volkwagen case study. Given a large number of retail investors not willing to sell the stocks thereby limiting the liquidity of the stocks.
Also with this GME saga being gaining more attention with more investors in the market as...
GME before another 174% increase. One of the most frequently mentioned stock shares of recent times is GAMESTOP Corporation. Its amazing soaring has caused difficulties for several mutual funds. For those who expected a greater decline after the rise. Currently, the fair value of GME shares is 335.19usd. This means that no major correction can still be assumed...
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...
While shorts are exiting their positions and calling a selloff, previously $200 was a sticking point and I think you can expect that to continue, as retail investors around America wake up today and start buying in to GME at the attractive price it's now sitting at.
I expected less of a dip but the short interest dropping to 50% has had a significant effect, as...
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?
Institutions driving the price down and deflecting attention to SLV. GME is still over shorted and will have to kick back from here.
This is a risky investment but the potential returns are huge, therefore I recommend anyone with a decently sized portfolio to hedge by buying in with a small amount of shares.
A diamond pattern is used for detecting reversals. Once rightly identified, it is one of the most profitable patterns for using reversals for trading strategy.
not a clean Dimond by any means but we will see if fundamentals and TA will prevail or if stupidly bullish sentiment continues.
when the dumb money enters the smart money sells.
trade like a robot not a retard.