GME double tested the lower trend line last Friday and ended a grinding WAVE 4 down according to my EW count.
The FIB retracement lines (3/10 high to 3/24 low) and the upper trend line seem to predict a .382 retrace for this WAVE 5 up, but this stock is wild so maybe we get 50% retrace or more as shown on the chart. I'm holding and maybe GME gets some positive news next week. From reddit: The “Annual Shareholder Meeting” is on June 11th. The earliest a share re-call can be announced is 60 Days prior to the meeting. That's the week of April 16th. Another coincidence?
The FIB retracement lines (3/10 high to 3/24 low) and the upper trend line seem to predict a .382 retrace for this WAVE 5 up, but this stock is wild so maybe we get 50% retrace or more as shown on the chart. I'm holding and maybe GME gets some positive news next week. From reddit: The “Annual Shareholder Meeting” is on June 11th. The earliest a share re-call can be announced is 60 Days prior to the meeting. That's the week of April 16th. Another coincidence?
