Over the last few months GME has been forming a large cup, basically completing that cup today. If we look at the pattern from October '20 made before the first spike and current0 the formation playing out, we can find a lot of similarities.
Since the squeeze seems to still be a play - just for fun - let's take a look at how this would roll if the same pattern broke out again...
Can we get a 19K GME??? If history can show us the path, then I guess its possible...
That's pretty sweet. But seeing how 10x as many eyeballs will be on this, I would expect pattern to play out a bit quicker. A dip down to 200 in July seems a bit optimistic for bears or dip buyers at this point.