Meme stocks are being ape rapped again. GME has fallen as much as 54% since my second short setup posted here. now down 44% in profits.
All the while the GME crowd telling me how bullish it is and telling me about their cute stories. Well for their sakes this critical support area must hold here. I doubt it will hence holding my short for now.
it is unfortunate that people do not understand percentages. Shorts can never make more than 100% since the price will have to trade below zero. Which is not possible. Thus how many 100% gains one has to the long side the only 100% move that matters is the one going down to ZERO!
As I mentioned before, "if they don't scare you out they will wear you out."
we are all watching this play out in real-time.
Not
GME $136 breaking. Now crossing of the line in of its self is not a big deal but a hold below is. Keeping an eye.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.