GME Ponzi about to go down
Updated
Hello, GME is basically a Ponzi and i dont think they can come up with some bs synthetic hype that would push gme to new ATH´s.
Indeed i think GME currently sits right at the resistance and it is propably a good short entry here.
On its way down i expect GME will propably be target for new pump and dumps, so i would propably close short arround green curve.
Would only invest what iam willing to loose tho, shorting meme stocks is still risky/meme trading.
Personaly not trading it because i got no broker to short it, but propably still a good setup with low leverage/tight stoploss)
DYOR
This will propably trigger the GME holders lol...shitstorm incoming xD
Please leave a like =)
Indeed i think GME currently sits right at the resistance and it is propably a good short entry here.
On its way down i expect GME will propably be target for new pump and dumps, so i would propably close short arround green curve.
Would only invest what iam willing to loose tho, shorting meme stocks is still risky/meme trading.
Personaly not trading it because i got no broker to short it, but propably still a good setup with low leverage/tight stoploss)
DYOR
This will propably trigger the GME holders lol...shitstorm incoming xD
Please leave a like =)
Note
gme could fake out above resistance to trap WSB retards once again as i think they are aware of that resistance now and its kinda too obvious. this move would rekt shorts and longs and the markets like max pain.
Note
thats just a theory tho, dont recommend to long it.Note
Gamestop nuke soon?(theres also a chance for a fakeout of the red line before nuking down as alot of people have stop buys/sells at this trend line)
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