GameStop - classic bottom with overhype after.

๐™ƒ๐™ค๐™ฌ ๐™ƒ๐™š๐™™๐™œ๐™š ๐™›๐™ช๐™ฃ๐™™ ๐™˜๐™๐™š๐™–๐™ฉ๐™š๐™™ ๐™ฅ๐™ฅ๐™ก ๐™ฌ๐™๐™ž๐™ก๐™š ๐™ฅ๐™ฅ๐™ก ๐™ฉ๐™๐™ž๐™ฃ๐™  ๐™ฉ๐™๐™–๐™ฉ ๐™ฉ๐™๐™š๐™ฎ ๐™˜๐™๐™š๐™–๐™ฉ ๐™๐™š๐™™๐™œ๐™š ๐™›๐™ช๐™ฃ๐™™..๐Ÿคซ

๐™’๐™๐™–๐™ฉ ๐™™๐™ž๐™™ ๐™ฌ๐™š ๐™ ๐™ฃ๐™ค๐™ฌ ๐™–๐™—๐™ค๐™ช๐™ฉ GME ๐™ฅ๐™ช๐™ข๐™ฅ? ๐Ÿค“
-GME YOLO update following the start of the Big Short Squeeze.... hedge fund... high short interest rate ...
It was on 15 Apr 2020. (I place a horizontal line on 01 Apr 2020).

๐™’๐™๐™–๐™ฉ ๐™™๐™ค ๐™ฌ๐™š ๐™จ๐™š๐™š ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐™˜๐™๐™–๐™ง๐™ฉ?๐Ÿ˜Ž
We see ๐Ÿšฉ๐™„๐™‰๐™Ž๐˜ผ๐™‰๐™€ ๐™ƒ๐™๐™‚๐™€ volume in 3$ - 6$ range. From Jun 2019 to Apr 2020. I see here accumulation or "bottom" after price drop 45$>4$.
I don't see ๐™Ž๐™ƒ๐™Š๐™๐™ ๐˜ผ๐˜พ๐˜พ๐™๐™ˆ๐™๐™‡๐˜ผ๐™๐™„๐™Š๐™‰ on the chart as Reddit guys sad. Nobody SHORT stocks after 90% price drop - it's madness.

๐Ÿ“ƒI see it like this:
1) Smart Money open short on 40$-45$.
2) Smart Money close short on 4$-16$.
3) Smart Money accumulates a Huge LONG position from Jun2019 to Apr2020 - almost 9 months. (buy on bottom).
4) On 15 Apr we have a post on Reddit and the price starts to rise.
5) Pump. Smart Money sell the position to ppl who HODL :)
6) DONE.
bottomgamestopGMETechnical Indicators

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