Looks like we’re at a critical moment of the downtrend and might finally be able to breakaway from it. I think we are either forming an ascending triangle for a bullish breakout or another head and shoulders to send us further down. If we’re sent further down we’ll be testing the last reliable support we have in this price range. Tomorrow will be a big day and...
I have been tracking GME closely for the past couple of months and want to share some developments on the chart that I’ve noticed so far.
Looks like we have been moving within an ascending triangle pattern since March, and are currently in the process of completing the handle portion a cup and handle that also started forming I during this time.
We are...
GME has broken out of the symmetrical triangle pattern formed over the past 3 months. The exact time of when the break occurred is up to interpretation. If you look at the first massive rally GME had towards the end of January, you'll notice that it suddenly stops and tops out at ~$485 for no technical reason. I believe the rally was cut short due to the trading...
