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impossiblebull
Jan 11, 2024 3:04 AM

TSLA and GME showing a very strong correlation Long

GameStop CorporationNYSE

Description

I was just looking at both TSLA and GME on the hourly and low and behold, these charts are almost identical. Both inside falling wedges, and both with double bottoms. I'm unsure of the exact fundamentals on this one, but the charts do show that they are moving in unison. Keeping close eye on this.
Comments
LT1
Good find bro. I’ve noticed this previously, but it seemed to switch on and off. Weird. Then there are other micro and macro correlations as well. GME is an idiosyncratic risk, so it has to be tightly controlled until it can’t.
PsycramG
We still in the discount zone 🚀
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