View: slopechart_GME.jpg


Gamestop update: Kinda watching this out of curiosity. I think those boys over at /wallstreetbets might want to vacate the premises. 2nd day closing under 200 day while the broader market did a fairly big bounce. 

No position, just watching to learn/curiosity. It's a nice chart either way, up or down the stops are near and clear. My instinct would be to short it, but yah know, meme stocks are wicked, I haven't the personality to make a confident choice either way.

Image added via SlopeCharts


When a symmetrical triangle ends before a price breakout, game over for the triangle's predictive abilities. Price can go anywhere from there. So says that guy whose butt TK pats every day. 12/2/21