GME 15 Min Ad Hoc Analysis
GME has broken straight through the longer term trend line (purple). It has caught on the 78.6% retracement line again and is now forming a descending triangle pattern (thick blue lines). Now is a great time to buy the dip. 80% of gaps fill, and their is a large gap created by pre market activity. I believe this is another instance of market manipulation due to the fact that volume is low and it was done in pre market hours. Traders should be cautious of more downward pressure from panic selling or short attacks and not risk more than you can afford to lose.
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
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