Fib retracement levels are matching perfectly with a price floor trend line drawn on the logarithmic chart. Intra-day Technical Analysis is voodoo at best on GME, but the daily chart shows undeniable patterns drawn over the longer term. My last prediction about Wyckoff accumulation was spot on, and I believe this Fibonacci circles also show GME's potential due to...
On 30NOV21 Saint Jean Carbon Inc is issuing another 15 mil shares. Float is currently around 550 mil. Coincidentally, this lines up with the .618 retracement level and support line on the logarithmic chart. It could drop down to the .781 level however I will be going long a few thousand shares around Nov 20th and another few thousand in early December. Graphite is...
In Wyckoff's terms, a period of accumulation (cause) eventually leads to an uptrend (effect). In contrast, a period of distribution (cause) eventually results in a downtrend (effect). You can visually see a distribution (cause) if you take a look at Bitcoins chart. It provides another great visual of the inverse of this pattern on GME. We have now initiated...
Further analysis on the Wyckoff Accumulation today. Moving like a textbook. Monday and Tuesday should signify breakout in Phase E.