Long

GME 15 Min Ad Hoc Analysis

Updated

GME is currently forming a huge wedge pattern going in to the big push for a "gamma squeeze". I would expect shorts to double down and try to break this bull trend line down to avoid a gamma squeeze. It's possible it may catch again on the lower bull trend line (purple) when it comes near the low.

Note

Unfortunately the short attack did not come. There was a small sell off that quickly reversed back into the triangle pattern. Monday will likely be the big breakout. It's tough to determine which direction it will go so be on the lookout for opportunity.

ArchersWingman

Remember: The market can do whatever the hell it wants.
I am not a registered advisor and everything is for educational purposes only.

I accept tips!

BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT

ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4

Related publications

GME 15 Min Ad Hoc Analysis

by ArchersWingman

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.