GAMESTOP: The Party Is Over
Remember when Elon used to tweet about Dogecoin, causing the entire market to react wildly? Market cycles repeat, and this one is no different. What we've learned is that driving up prices through tweets, Saturday Night Live appearances, or YouTube livestreams is unsustainable, and the positive effects are diminishing.
Yesterday, expectations for the livestreams were high. Despite multiple market halts, the disappointment was evident as GME's price retraced to its pre-pump level from the start of the week.
Yesterday, expectations for the livestreams were high. Despite multiple market halts, the disappointment was evident as GME's price retraced to its pre-pump level from the start of the week.
Nota
If Keiths Tweets don't pump the price anymore, what else will do?Nota
Very strong reaction after filling the gap. Yesterday's close was at a major horizontal resistance (volume profile). Let's see where this goes today
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.