GME: RSI Update, Dip Before the Rip
Updated
Good morning,
Last time we fell below the 30 mark on the RSI we saw a 90%+ move up and the other two times it fell to this level we saw 50-100%+ move up as well. I'm factoring in a 60%+ move up as this is like a spring that has been compressed and is ready to explode. I also overlayed November 2021 cycle and it looks like we're following that perfectly.
Downside PT: 22.12 / 21.87 (support)
Upside PT: Fill the gap at 27, 37 and 40.
As always, NOT financial or sexual advice. Good luck!
Last time we fell below the 30 mark on the RSI we saw a 90%+ move up and the other two times it fell to this level we saw 50-100%+ move up as well. I'm factoring in a 60%+ move up as this is like a spring that has been compressed and is ready to explode. I also overlayed November 2021 cycle and it looks like we're following that perfectly.
Downside PT: 22.12 / 21.87 (support)
Upside PT: Fill the gap at 27, 37 and 40.
As always, NOT financial or sexual advice. Good luck!
Comment
Bounced and curled up!Comment
Testing resistance at 28.59 and we're up 10+% today WONDERFUL!Related publications
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