Game Over, Man

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Gamestop (GME), the perpetual favorite of WSB fanboys everywhere, roared higher after earnings. I had no position, no do I intend to have one, but even last night I was confident the trendline was provide firm resistance, and it certainly did.

The really shrewd traders have bailed by now. I think this sucker is just going to enter a new phase lower, but I’m sure the boys at WSB are all jazzed up again and ready to toss what’s left of their trading accounts into this siren song.