GME 15 Min Ad Hoc Analysis
GME now approaching it's bearish trend line (blue line going down) around the 78.6% retracement level. Traders should monitor how the price reacts to this. There will likely be a big move tomorrow from this, as well as monitoring changes in short interest. Fintel reports there are currently 500,000 shares available to short. It's not clear if this will move down or up yet. The thick ichimoku cloud above the price presents a more pessimistic scenario.
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
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
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.
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
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
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.