Look at the similarities, where it retraces and bounces. Also the George Dubyah (aka Double Bottom). Looks like crap but it tends to be following same pattern but longer since HF dont want this to move like it did. Think of it as trying to make the fight longer, but at some point it ends. I feel like the breaking point where they start to cover will be around $90-100 mark because GME battled around this area before it made its move higher up. Think its a psychological point where they will give up and start covering. After that, who knows where we will go.... Actually its the $118-132 mark without the shorts covering. With shorts covering, is a different question that remains unanswered. Therefore, P I C K Y O U R F L O O R , N A M E Y O U R P R I C E
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.