GameStop’s chart is very interesting as of late. If we ignore the FUD, media machine spewing you know who’s rhetoric, etc, what are we left with?
Glowing fundamentals (in fact, the best case scenario is/has happened and IMO, is NOT priced in yet)
Technical Analysis:
Bollinger bands highly compressed. This can indicate big volatility incoming.
Macd poised at the same position before entering bullish territory right before January gamma squeeze.
50 day MA provided a bounce (bullish)
I fully expect to test prior highs and discover new ATH very soon indeed.
HODL apes!!! It’s coming!
Glowing fundamentals (in fact, the best case scenario is/has happened and IMO, is NOT priced in yet)
Technical Analysis:
Bollinger bands highly compressed. This can indicate big volatility incoming.
Macd poised at the same position before entering bullish territory right before January gamma squeeze.
50 day MA provided a bounce (bullish)
I fully expect to test prior highs and discover new ATH very soon indeed.
HODL apes!!! It’s coming!
