GameStop
Short
Updated

GME: I stumbled on this ticker when it was at $3 and the rest is

history. It has taken a while but it appears that the B wave triangle is finally done and the C wave down has started. C=A will take it down to $20 which is the fib 61.8%. For the first time in a long while it has broken below the 200MA too, which is an ominous sign.
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Wave e of B should be a the previous peak. Wave 1 of C is done. Wave 2 of C in progress. I might get some long term puts at the top of 2 of C. I expect t GME to test the 200MA when 2 of C is done.
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snapshot

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