Short

Updated

GME down 80%+ before end of year

Gamestop down to $10-30 before end of year, then big rally the following quarter.
A lot of money will be lost and made in this shake out

Trade active

Puts purchased
Dump likely to start in less than a month, possibly this coming week

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Main target @ $19

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Expecting a major push down very soon

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Looking for a pump fake/bull trap early next week before big leg down

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Possible gap down or very quick movement downward tomorrow

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Fake pump came later than expected but still in play
Possible we see 115-120 before continuation down

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Position increased

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Not expected, but possible we see 200 area again before moving much further down

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Disclaimer

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.