6 month view: GME back in the Wedge.... barely.
Volume coming back, good thing for retail. Bad for Hedgies, if hedgies are still in.
GME will need to have positive action until May 18-21. Then, buying pressure and volume needs to hit, to have a positive break out. If not look for that downward break out.
Close Friday 05/14/2021 @ $167 will be a good sign.
Some chatter on social media of a flash crash... IDK about that though.
Not financial advice. Hopefully, y'all make money.
Volume coming back, good thing for retail. Bad for Hedgies, if hedgies are still in.
GME will need to have positive action until May 18-21. Then, buying pressure and volume needs to hit, to have a positive break out. If not look for that downward break out.
Close Friday 05/14/2021 @ $167 will be a good sign.
Some chatter on social media of a flash crash... IDK about that though.
Not financial advice. Hopefully, y'all make money.
Comment:
Enhance --> 3M
Comment:
Enhance --> 1M
Comment:
not a good close for today. maybe monday better.
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