ChowMX

ChowMX

GME is slowly approaching the long term trend line. As you can see, there is a significant bounce every time it touches this line. Currently there are mixed signals on whether the stock is bullish or bearish. Volume is low and there has been a slightly downward/sideways trade for a couple of weeks. Retracements bounce back up fairly easily and continue to trade...

ChowMX

Who knows where GME will end up in the future. Short interest is either back to a normal percent or being underreported and there is a negative beta which is super weird. There are still plenty of $800 contracts for the 19th and decent Q4 earnings for 2020 coming up on the 23rd. Earnings could be a potential price mover, but in my current opinion GME will not...