GME Joseph went from the pit to the Palace in an Instant. When the Pharohs of money realize they have NO CLUE what they are doing anymore. We will all ascend just as fast
GME as far as red days go, this one could have been a lot worse, given the market conditions overall. this is the 2nd straight day GME has been stronger than the overall market and that is reason for some optimism here.
other good news: -no new short term low despite ugly market -RK is not Gene Hackman (RIP)
medium news: minimal short volume again, still WAY below average. not scary short volume jump but also means red candle was mostly from continued buy side weakness, which honestly isn't unexpected given the market today.
bad news: -still the 2nd lowest closing price in 2-1/2 months -finished nearer the lows of the day than the highs (but market did too) -still low volume, but better than yesterday
ironically, i'd feel better about today than yesterday, despite today's red candle vs yesterday's green one. better volume, increased short selling didn't tumble price, and stabilizing price over the last 3 days. does this mean a strong reversal is coming? maybe but I wouldn't bet on it happening this week unless Bitcoin stops tumbling (it's not after hours) or the market strengthens tomorrow.
the balance is swinging back toward neutral though, imo, but I think there's probably too much negative still in the market for anything super constructive to happen tomorrow. there's also the resistance from above from what was support last week and that will make it tougher.
still need to see a close and hold above 27.12 to make me a short term bull and I just don't see a nearly 11% move happening tomorrow. if it outperforms the market again tomorrow and there's no short volume spike, i'd probably edge into neutral territory. gotta see higher highs, higher lows and a return of volume before the word bullish applies here imo. enjoy watching bullshiller heads explode when they claim not to read this - as usual.
GME 24.42 Pallidroming Jimmies lowest then Turn aroound! Make my INV head an shoulders not be a clown, ohhhoooh even if it is down I really dont care I wont frown I just buy more and turn around
GME GameStop. If you can’t tell what’s happening, we’ll spell it out for you!
1. Market crash 💥 2. GameStop / ryancohen releases positive news; stock moves up; liquidity flows into stock; GME goes higher 3. TheRoaringKitty reveals his wildcard; sends stock much higher; forces shorts to start covering; stock goes higher; short squeeze begins 4. Naked shorts & corruption by short sellers revealed; doge goes after SEC & short sellers. No turning off the buy button this time. ElonMusk provides the final kill shot; gets revenge for Tesla
5. MOASS - mother of all short squeezes begins as short sellers can’t cover their positions b/c the shares they borrowed & need to return don’t exist. 6. TheRoaringKitty / ryancohen sets the price, target: JUST UP. Cheers 🍻
GME make my (Inverse) Head an shoulders grow! Imitates the crazy cat lady (Bad Guy) from power rangers... Rly don't care wut does... gues what foo's? Im still just gonna buy MOAR... These HedgeFund Jabronies think anything they say matters at all at this point in the game. We all can see the blood in the water, the sharks arent far away 🤣😅😅😅 They're Hungry for Love and its FEEDIN TIME oh baby😅
GME This is a Very V for Vendetta shaped Cup and Handle.... Sexy time? Tell me its sexy time without telling me its sexy time... Those who wrote calls at $24 we salute you!