Moass
AMC Leading GMEIt would appear AMC has been leading GME in movement. Their breakouts so far have been identical, this latest drop lines up perfectly with AMCs. Expect things by the end of the month.
the future is brightJust to highlight the 21 day cycle jumps on GME pricing. Not advice, just fluff. The future is bright.
GME; Zone SkipGME is currently trying to complete it's cupular formation to
once that completes the price targets are pretty high according to my previous "GME; wishful thinking" idea.
but first.. we gotta escape this upper zone.
per the last time we breached the top of this zone in march, GME attempted a zone skip.
Simply imagine a zone of the same exact size right above this one and that is what GME tried to jump over.
In fact, GME tried jumping
-4 zones in Jan.
-3 zones from late Feb. - early March
-and now is POSSIBLY another. If not, there'll prolly be some retracement to sub 180, then a handle will form and up we go.
If you look back you can see each attempt is granted a bit more time.
In this way, it becomes a more stable move and is able to continue higher.
Right now, GME has some heavy goals to achieve while still being healthy so it may be as quick.
Just a reminder;
this is all for knowledge and a new perspective rather than trading.
Sometimes seeing other's ideas can spark one in you.
So go out there, chart away,
and as always
let's see what happens!
Will it be enough?Will this current wave be enough to finally break out of the triangle or will we bounce and trade side ways to the very tip...
With all the hype around the earnings call. I would say that would be the day for something interesting to happen.
Follow the bouncing ballJust broke through a very reliable trendline yesterday, but I believe the technicals for GME are thoroughly out the window. We'll see how it plays out.
Megaphone pattern developingJust thinking out loud here, folks. I've seen this happen before and it looks like it might be right now, as well. Either way, long. Buy and hodl, mi bredren.
