THE GME 💎🤙WEDGE BREAKOUT SQUEEZE
Okay here is what I see when including the extended hours in the hourly.
A wedge is about to break. If it breaks north, the squeeze can start.
Its fueled by:
If it breaks south out of the wedge, well then, maybe it drops to $85 area? It might then catch a ride back up on that old green resistance line I have in place from weeks ago. It was already touched a few times recently on 2/26/21.
Charting to see how close I get in reality.
A wedge is about to break. If it breaks north, the squeeze can start.
Its fueled by:
- Weak bear volume in the last few hours of 3/2/21.
- Stoch RSI in prime position to go up
- Whatever people are saying about that solid DD coming up on 3/19.21
If it breaks south out of the wedge, well then, maybe it drops to $85 area? It might then catch a ride back up on that old green resistance line I have in place from weeks ago. It was already touched a few times recently on 2/26/21.
Charting to see how close I get in reality.
Note
Up UP AND AWAY!Trade active
TARGET 1 BULLSEYE!
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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.