GME: The Value of the Investment Goes to Zero

delusion梦碎
2023-09-07

With time, price movement will reveal itself.

Currently GME has been in a downtrend since 2021. And for one full year the 50 ma has been acting as resistance and pushing price down.

On another observation, if this downward channel, after a parabolic rise of 8,200% is a bull flag, then we need to carefully monitor which way price beaks out of this channel.

Will it break below the channel and invalidate the bull flag. A bag holder is an informal term used to describe an gme investor who holds a position in a security that decreases in value until it descends into worthlessness. In most cases, the bag holder stubbornly retains their holding for an extended period, during which time the value of the investment goes to zero. $GameStop(GME)$

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Comments

  • yBuyRestrict
    2023-09-08
    yBuyRestrict
    plz short it, I'll buy your shorts.
  • Bs777
    2023-09-07
    Bs777
    Stupid
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