I cannot remember ever seeing such a bullish setup for 
GME since starting to follow it in January 2021
Yes, there was 1 golden cross before,
Yes, there were many double bottoms before
Yes, there were many confirmed uptrends before
Yes, there were many solid gamma ramps before
Yes, it bounced off the MA200 once before
But all together? No
With that, UBS announced that they completed the take over of Credit Suisse and that they are going to get rid of the toxic assets. And we know that Credit Suisse inherited those from Archegos. And we know it caused the downfalls of both Archegos and Credit Suisse. And we know what caused the downfall of Melvin. And we know there are many others with toxic assets.
GME since starting to follow it in January 2021Yes, there was 1 golden cross before,
Yes, there were many double bottoms before
Yes, there were many confirmed uptrends before
Yes, there were many solid gamma ramps before
Yes, it bounced off the MA200 once before
But all together? No
With that, UBS announced that they completed the take over of Credit Suisse and that they are going to get rid of the toxic assets. And we know that Credit Suisse inherited those from Archegos. And we know it caused the downfalls of both Archegos and Credit Suisse. And we know what caused the downfall of Melvin. And we know there are many others with toxic assets.
Note
It is also in the handle part of a cup and handle, it will just be too crowded to draw that in as well
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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.