Taking a quick look at the levels that have been relevant for Gamestop $GME intraday since Friday. Super interesting take on trading and how markets behave. Not trading it, just observing it as a barometer of market risk appetite.
In the news this week is the short squeeze going on in NYSE:GME . Lots of institutional investors are taking BIG LOSSES as the stock gets run up by 'social media groups' pumping the stock. This is not a new phenomenon in the market so how can we as traders identify the next short squeeze opportunity? We look at ways to scan for potential short squeeze...
NYSE:GME is hovering near all time lows. While this may look like a savory opportunity to buy in cheap, I urge you to be very careful here. There is not an established case for there to be strong support here at this price. I would recommend waiting for some type of accumulation range to set up before jumping in. Be very cautious, and be confident in this...
