I couldn't help myself, so I did a little TA on GME.
It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty.
The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds.
Here is the 30min chart for a little more detail.
This is an unprecedented situation, and I wanted to find as much objective reality as I could.
It's what werewolves do. Owhooooo!
It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty.
The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds.
Here is the 30min chart for a little more detail.
This is an unprecedented situation, and I wanted to find as much objective reality as I could.
It's what werewolves do. Owhooooo!
ملاحظة
Look at GME respecting the TA...so far at least. Owhooooo!ملاحظة
Looking for support...ملاحظة
Just speculating here. If it starts to form then I'll be looking for upside targets. Let's see where it opens at and go from there.ملاحظة
My tail is between my legs...looking for some structure.ملاحظة
I can't stop watching. Here is some hopium.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.