Just looking at price action here. I think we will see $120 this week (unless) bulls show up. Thus far, they are no where to be found.
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I will be looking for a bull reaction, if we don't get one.... then all evidence shows we are going lower.
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There are TONS of bag holders at $120... their greed or belief in GME will soon turn to fear of loss once we approach this.... it's likely there are more people with a $120 cost basis than any other level.
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There's actually been tons of good news out of GME lately and still no action... this proves professional money is calling the shorts. Wyckoff teaches us this. If you can't beat them, join them... trade against them at your own peril. We are going into SPRING territory.... patient money will be enjoying tenderonies soon.
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Call the shots****