The GME chart currently has a very high pattern correlation with March/April 2024, leading into the run up to $80. The Auto Fractal with a 30 length segment period and 500 bar lookback finds the segment on it's own.
With Michael Burry starting to discuss GME, and macroeconomic stress starting to boil over as it did in April 2024, we should be vigilant to see if there are any unusual blocks over the next week or two. If we start to see unusual options or share blocks rolling in, the chart has the potential to reach over $29, up until we reach the bond->equity conversions and warrant conversions. At that point, the price should hit a brick wall.
To identify the top of the cycle, we need to look in the pre-market. Unusual bullish spikes in pre-market generally signal the absolute top of the cycle and are a major sell signal. If we get a very bullish pre-market spike prior to $29, proceed with extreme caution.
Other than that, my indicators are pretty much all signaling both MOASS and the end of the current global financial system, and have been for the past month. Popcorn is at the ready.
With Michael Burry starting to discuss GME, and macroeconomic stress starting to boil over as it did in April 2024, we should be vigilant to see if there are any unusual blocks over the next week or two. If we start to see unusual options or share blocks rolling in, the chart has the potential to reach over $29, up until we reach the bond->equity conversions and warrant conversions. At that point, the price should hit a brick wall.
To identify the top of the cycle, we need to look in the pre-market. Unusual bullish spikes in pre-market generally signal the absolute top of the cycle and are a major sell signal. If we get a very bullish pre-market spike prior to $29, proceed with extreme caution.
Other than that, my indicators are pretty much all signaling both MOASS and the end of the current global financial system, and have been for the past month. Popcorn is at the ready.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。