I couldn't help myself, so I did a little TA on GME.
It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty.
The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds.
Here is the 30min chart for a little more detail.
This is an unprecedented situation, and I wanted to find as much objective reality as I could.
It's what werewolves do. Owhooooo!
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Look at GME respecting the TA...so far at least. Owhooooo!
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Looking for support...
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Just speculating here. If it starts to form then I'll be looking for upside targets. Let's see where it opens at and go from there.
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My tail is between my legs...looking for some structure.
pay no attention tofibs stoich you will know by your gut! ....and a paid pimp on here trying to make excuses for his podners the blood sukkers you know who it is the lying dr who claims he made 20 million friday hahahaaaaaaa
washguy
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@washguy, Exactly👍🏻 they call me the wolfman in rocky top lol aaaaaaawiooooooooo dr C is such a hedgefund lying pimp
washguy
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@washguy, and pimping silver like his masters wanted him to do shame on him shame shame
washguy
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@washguy, maybe he will leave and find anither place to sell his lies ?
Akamer-the-Werewolf
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@washguy, I'm just curious, who are you talking about? A Dr.?