I don't believe GME is a coincidence, not with each arc of the story being revealed in such perfect symmetry.
See my last idea of an inner and outer symmetrical triangle breakouts .
Player 1: The Shorts . Hedge Funds, Mainstream Media and Wall Street Banks.
Player 2: The Longs . Michael Burry, Roaring Kitty, Ryan...
The problem with the worlds economies reopening now is the stock markets already priced in the reopening over the past year with lower inflation numbers and massive QE.
How do the markets avoid hitting this inflation wall?
Fed says it's "transitory", is there enough QE left to jump this wall?
How does one chart "transition" with indicators?
Ever chart I pull...
I've been watching GME patterns for weeks. The last 2 bullish breakouts are almost perfect symmetrical triangle patterns.
I think GME will come down to retest 240 but the next price target could be the moon.
A text book ascending triangle pattern has formed for SPY with a 4.3% Bullish breakout potential.
Buyers have not been able to break through 422.
Looking for price action to break through 422 with increased volume to take position.
The media and CORP bond market are apparently not effected by the news of the Fed planning to start selling their CORP bonds since purchases began in Mar 20.
The correlation between the FED corp bond buying and mega cap...
A symmetrical triangle pattern starting at a low of 0.248 and move up to a high of 0.448 for a breakout after consolidating around 0.343.
0.448 - 0.248 = 0.2 + 0.343 = 0.543
The Breakout PT of the symmetrical triangle is 0.543, Much Wow!
Merger Closes Q3 2021
Shareholders Proposal in August 2021
HEXO Acquires Redecan.
“Redecan’s unwavering focus on the consumer, along with lean operating principles and highly efficient...
Major disruptions in the hashrate falling off the curve.
First was a major outage in Chinas Xinjiang blackouts on Apr 17 followed by huge outflows from Binance on the 18th.
Second massive event to hashrate is still playing out. Large miner operations are exiting China because of the...
NYSE:F is revealing the much anticipated F-150 Lightning on May 19th.
Elon Musk and NASDAQ:TSLA are not EV in North America. I think NYSE:F is the future of EV in North America.
With bearish trend towards EV and anything chip heavy, retail will be shopping for a seasoned manufacturer of North American vehicles to lead EV.
This would be a great opportunity...
I only started learning trading a few weeks ago. I picked $VIAC to learn options trading and chart reading.
I added movie references for the APEs that may find this.
From everything going on with $GME (The Big Short) nobody is really paying attention to $VIAC (Lucky Number Sleven) and Archegos Capital (Margin Call)
Everyone can agree that VIAC is now 30-50%...