Using a blended candle approach, one can see that the bearish sentiment for GME is weakening. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action has become "weak bearish" which is a change from "bearish" from few days ago. This could be a good entry for a quick trade. Those long could hold.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.