GME : Is the GAMESTOP Super Pump OVER?
GME 🚀 
AMC In a single day, GameStop was able to outperform an entire year of BTC.
GameStop stock and AMC shares soared Monday after Keith Gill, who sparked the meme stock rally during the pandemic, made his return to social media for the first time in three years. The New York Stock Exchange temporarily paused trading on GME stock 34 times.
Short sellers are estimated to have lost over 55B in tow days.
One thing that is very evident (except for massive whale plays and no doubt insider trading) is the gap that formed around $20-$25. The price is known t return to fill the gap, so I am SHORT until that zone is filled, calling this entire scheme one big pump-and-dump.
AMC will soon fall to pre-pump lows as well, as the price levels fails to hold for even 12h:
Sellers are now dominating lower timeframes and the price continues to fall fast. The price COULD fall or wick as low as the trendline on the technical indicator:
__________________
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.