Publishing this as a correction to my previous post about GME possibly running next week. I checked Friday's EOD data and things don't look terribly good. More here as i cannot post images to explain this fully on tradingview: reddit.com/r/FWFBThinkTank/comments/yzpbk3/nopex_nov_22/
It makes my heart weak to tell you GME is not gonna do well this opex, but someone's gotta do it.
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Yeah, so the new suddenly found out about the Carl Icahn thing yesterday. Nice timing for this...
Net liquidity shows market should small dump early this week then a pump into 28/29th (I'm guessingat least test the 200ma.) After that next leg down should start but yeah fully agree on GME nopex, already sold some ccs.
avno
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Many thanks for the update leenixusu!! ;)
jacksonmckeever
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How do you have candles going into the future
Trexarch
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@jacksonmckeever it’s his best guesstimate so he charted future candles that correlate to his T/A
I think it’s good TA but it doesn’t incorporate that >58.5% of free float is DRSed by retail alone. Once we hit 20-30% things will get interesting but 5-10% and below is when we hit end game.
Liquidity is low already, I guarantee you we’ve been flat for the past 3 months because of DRS, if not I believe we’d be much lower or would have experienced greater volatility.
I think this stock will have one more major move before it’s next bull run, its too dry out here.