Goldkodak

The golden meme zone of $69,420

Long
NYSE:GME   GameStop
Look. Let’s be real here. This is a bubble. But bubbles go up and down.

The shorts are not yet sold. Let’s take a look at some bubbles for the next 1-3 months. This is not financial advice. Please don’t talk to your broker about GME, it’s now a meme.

So, we are at $312 right now. We almost broke out of the red bubble here. And I’m sorry if the charts messy, it’s just the whole thing is messy.

Anyways $312 to $2,500 is where I think we are going. The Fibonacci circles from top to bottom actually confirm this and if momentum is to continue...well let’s see.

From $2,500 we need to push higher. I have it labeled on a red rectangle saying absolute top. This is where we don’t know what’s going to happen.

I can’t see my chart anymore but I believe the rectangle is in the lower 5 digit range. This could be the absolute top. However I could be absolutely wrong! This is where the Golden meme zone comes into play.

What’s the GOLDEN MEME ZONE? it’s a joke is what it is. It’s $69,420. Get it! $69 cause lol, and $420 cause blaze it!

Anyways maybe it can get there, maybe not? Who knows. Don’t sell, diamond hands.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.