GME is on close watch over the next 7 trading days.
The signal is manifesting exactly where the time suggested it would.
The Convergence:
-Bottomed 180 days from the May high. -Successful double bottom on that terminal level. -60 months from the January 2021 squeeze. -90 weeks from the most recent squeeze bottom.
Strong time factors are now coalescing in a singular window. When multiple cycles of this magnitude square at the same coordinate, the probability of an impulsive move reaches a local maximum.
Timing is everything and the tape is primed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
GME is on close watch over the next 7 trading days.
The signal is manifesting exactly where the time suggested it would.
The Convergence:
-Bottomed 180 days from the May high.
-Successful double bottom on that terminal level.
-60 months from the January 2021 squeeze.
-90 weeks from the most recent squeeze bottom.
Strong time factors are now coalescing in a singular window. When multiple cycles of this magnitude square at the same coordinate, the probability of an impulsive move reaches a local maximum.
Timing is everything and the tape is primed.