Billions, maybe even trillions of dollars at stake here. It appears that GME is stuck within multiple channels that I have color-coded. We have the golden channels of support, the red channels of resistance, and the blue channel which I would call the main channel going all the way back to GME's IPO in 2002. All of these channels go back roughly a year and are very strong levels of support and resistance. The black channel is significantly weaker because of the shorter timeframe but is angled at a very steep decline. Please zoom in to see how the price movement has respected all of these channels heavily and then zoom out to see how long they have been respected for. Nobody knows how long this play takes but the Reddit community has made it clear they don't care how long it takes. This play means more than $ to many who are understandably outraged by what happened on Jan. 28th.
TLDR: Moon soon.
TLDR: Moon soon.
Comment:
I don't day trade and I know no dates but here's a date I like. 2/22/22. The ultimate sh*t post date don't you think?
Trade active:
2/22/22
Comment:
Reversal is so close to being confirmed.
Comment:
Looking spicy!!