Interesting downward parallel channel.

The two red lines are parallel.

Intriguing, especially considering where we are right now price-wise. The price has to go down tomorrow to continue the downward trend. If not, we're in a new upward breakout.

Oh, and stop eating fish.

Comment:

I pushed the top line of th parallel channel up to the tops of the red wicks to get as conservative a view of the trend as I can. Today's close didn't quite fully break out of that channel, but landed right on the top, just about.

I still see this as a very good sign, but not determinant of anything, for sure.

Beta is still completely irrational and insane, so if you're into beta arbitrage it's worth a look. I'm not the guy to ask about the finer details of it, but this is looking increasingly like a solid time to get into this thing if you weren't convinced by the rest of the details surrounding the float and short interest.

A buying opportunity may not get this good again, but with GME you just never know what's going to happen.

diamonds, hands, apes, bananas, rockets

:)

Comment:

Howbowdah?