I've been watching GME patterns for weeks. The last 2 bullish breakouts are almost perfect symmetrical triangle patterns. I think GME will come down to retest 240 but the next price target could be the moon. Perfection.
A symmetrical triangle pattern starting at a low of 0.248 and move up to a high of 0.448 for a breakout after consolidating around 0.343. 0.448 - 0.248 = 0.2 + 0.343 = 0.543 The Breakout PT of the symmetrical triangle is 0.543, Much Wow!
Spy previous double top in last 3 years. - May 19 - 7% drop in 33 days - Sep 19 - 5.25% drop in 15 days. - Oct 20 - 8% drop in 18d
Merger Closes Q3 2021 Shareholders Proposal in August 2021 HEXO Acquires Redecan. www.globenewswire.com “Redecan’s unwavering focus on the consumer, along with lean operating principles and highly efficient automated manufacturing technology, have allowed us to establish a significant presence in the Canadian market,” said Redecan co-founder Will Montour....
Major disruptions in the hashrate falling off the curve. First was a major outage in Chinas Xinjiang blackouts on Apr 17 followed by huge outflows from Binance on the 18th. twitter.com Second massive event to hashrate is still playing out. Large miner operations are exiting China because of the ban. twitter.com I don't think China wants bitcoins power...
NYSE:F is revealing the much anticipated F-150 Lightning on May 19th. Elon Musk and NASDAQ:TSLA are not EV in North America. I think NYSE:F is the future of EV in North America. With bearish trend towards EV and anything chip heavy, retail will be shopping for a seasoned manufacturer of North American vehicles to lead EV. This would be a great opportunity...
I only started learning trading a few weeks ago. I picked $VIAC to learn options trading and chart reading. I added movie references for the APEs that may find this. From everything going on with $GME (The Big Short) nobody is really paying attention to $VIAC (Lucky Number Sleven) and Archegos Capital (Margin Call) Everyone can agree that VIAC is now 30-50%...