A few years back, I traded GME based on the 741 theory left behind by RC and RK. I traded 741 trading days from the start of the purple box (June 2021) It placed me at April 2024, so I waited and purchased my shares then. Recently, in June 2024, RK released his SEC Chewy Filing (Likely trying to say look back at the month June - its a stretch but just hold on) I...
This idea is a fun one for the tinfoilers out there. NYSE:GME There are many ideas behind 741 and its meaning, however one pops up frequently in my own head, and its the estimated timeframe of 741 days and how it plays into the stock itself. It's a 741 day shorting algorithm, which is set when you see an initial shorting of a stock. At the end of the 741 days,...
NYSE:GME view on the monthly showing support/resistance test points. This goes along with the (weekly) chart posted yesterday.
Short and Sweet, NYSE:GME technicals don't really work all that well cause everyone forgets NYSE:GME is not in here with investors; Investors are in here with NYSE:GME , and it runs the show. With that said, its hard not to notice patterns, alongside potential predatory short hedge fund tactics, alongside old shorting algorithms, alongside activist...