GameStop
Panjang

Gamestop On Balance Volume stays high

848
The price tanks hard, but the volume doesn't cover this.
This underpins the theory, that price at GameStop GME stock is currently primarily driven down by short ladder attacks. Retailers or not selling big. They are holding the line!

You can easily see this today on daily and hourly chart.

So I think the price will recover to much higher levels, if retail selling pressure will not increase, as hedge fonds have to cover their shorts at some point and the expected shortsqueeze is about to come.

Penafian

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