That would be a good play. Since best bounce I'm seeing is to 180 range but could "spike" to 225.00 range and pull right back down. Its fun to watch
Nice chart. 👍
BUT... technicals are not magic, they are just a representation of mass investor psychology. Even amidst the chaos/hype/mania, each ABC pattern after the Jan 28th high had a 161,8% extension. One could've made great profit just trading long and short ABC patterns on very predictable extension levels (I didn't, unfortunately).
I have no idea if there would be a catalyst to push GME to new highs again... if the bottom trendline of the triangle breaks, it could surely be a dead cat bounce... let's wait for price action to give us more clues :)