GME Hit Perfect Diamond Bottom
I drew the purple Diamond and the blue extension out last night and did not adjust anything since.
This jump from the diamond bottom also crushed through the long term trend resistance. If it holds above, this could be the start of upward movement (I have no idea about squeeze requirments etc.). This is just plain old TA that worked on GME this time.
This jump from the diamond bottom also crushed through the long term trend resistance. If it holds above, this could be the start of upward movement (I have no idea about squeeze requirments etc.). This is just plain old TA that worked on GME this time.
Note
I dont think GME is going under the diamond neckline around 20.80 any time soon.Note
Gotta love it when GME follows TA perfectly.Note
Expecting a move down to the mid 21.xx to complete wave 4Note
Nailed the trend lines as wellNote
I think we retest the yellow support line before moving up furtherNote
tradingview.com/chart/JA2O3WnW/
Current state with extended uptrend line.
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