These red GME days are giving me reverse confirmation biasI consider GME to be the strongest buy right now, especially given the amount of selling pressure seen in the last month.
Why would a big player attack a stock so violently? I don't know. It must be the case, though, unless retail suddenly -collectively- just decided to pack up their things and leave right before Gamestop and Loopring's partnership is announced. Hmm. :thinking_face:
Moreover, why would ANYONE sell the next viable, up-and-coming competitor to amazon? Sure GME might be overvalued if they had just KEPT THE EXACT SAME BUSINESS MODEL FROM 2020, but they are evolving and expanding rapidly.
Don't take my word for it. Go and see all the strides they've ALREADY made. They're not touting that they're going to be the next e-commerce giant; they're just doing it. Not to mention the rumored NFT marketplace, which would be nothing short of groundbreaking. All you have to do is take your head out of the sand.
LRC-USD
LRC - blast off incoming. New ATH.3 words.
Cup and handle.
Clear monthly closes with higher lows.
Once the resistance is completely broken at the .55 zone, following are the targets:
Targets:
1.40 zone
Retest .90 zone
Final monthly wick 3.50+ zone
Plain and simple.
Who's holding this baby?
This is not investment or trading advice. You must be knowledgeable and conscious of your own decisions and actions.