GME Chart Breakdown, Déjà Vu or Destiny? Something big just lit up the weekly chart, the 50 MA has pierced through the 200 MA, forming that golden cross traders dream about. On the weekly timeframe. Not a drill.
Now, let’s rewind. The last time this pattern appeared? January 2021. The infamous squeeze. Back then, GME didn’t just nudge upward, it catapulted nearly 4000%, going from a $3 floor to $120 in a blink.
Fast forward to today, new golden cross, new setup, and a $23 floor. If history rhymes even remotely, we’re staring down a hypothetical $1000 per share move. Yes, one thousand.
Is lightning about to strike twice? Stay tuned to find out!
Now, let’s rewind. The last time this pattern appeared? January 2021. The infamous squeeze. Back then, GME didn’t just nudge upward, it catapulted nearly 4000%, going from a $3 floor to $120 in a blink.
Fast forward to today, new golden cross, new setup, and a $23 floor. If history rhymes even remotely, we’re staring down a hypothetical $1000 per share move. Yes, one thousand.
Is lightning about to strike twice? Stay tuned to find out!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.