See my last idea of an inner and outer symmetrical triangle breakouts.
Player 1: The Shorts. Hedge Funds, Mainstream Media and Wall Street Banks.
Player 2: The Longs. Michael Burry, Roaring Kitty, Ryan Cohen, Gamified Retail Traders and Apes in Spaceships.
This idea is a large symmetrical with two converging . The breakout price at $250 in August with an upwards target of $728 and a downwards breakout of 0.
The date lines are a T+21 cycle from DD found on /r/wallstreetbets and /r/superstonk.
If it is to your advantage, make a forward move (Buy GME ); if not, stay where you are (Hodl GME ).
Move when there is advantage to be gained (Buy the Dip) and where this outweighs the ever-present risk of moving (covering shorts).
And to be fair, same thing goes with cup and handles for a matter of fact. They are very easy to spot and people point them out all the time.
Most important is how Volume and Price come together to make a pattern. This tells the real story. Always look for confirmation of patterns via Volume!