Hello everybody, i am back with a couple i told you so’s for the people who doubted my TA/Algo analysis and theory based on T 35 closeout settlement.

the ascending triangle broke through, retested resistance as support and continued up. to everyone who doubted… told you so but i do understand w all the games thats been played over the last 82 years, its hard to believe anything. but we’re in a new era now. ALGOS FLIPPED.

Okay so now what?

imma keep this short and sweet bc its going to get called tinfoil either way. we have came up to what i call the golden zone[GZ]. the GZ is between 27.40 and 28.80. i believe tomorrow will be an interesting day if we see volume pick up. on a lot of time frames as you can see above, we are touching the nadaraya-watson envolope at the top(green dotted line), even on the weekly. now this is an indication for price to come down BUT if we break through the zone then expect a very big move up along with volume. the volume would be the cause and the effect would be breaking through the zone ofc but it can work vice versa as well.

what do i expect?

my bullish outlook dumbed down would be we chop in the GZ tomorrow and if the T 35 settlement is actually going to come to fruition then thursday and friday we should see decent push ups maybe not the hugest swings but we should break a couple zones… i think huge moves may come next week based on weekly chart but we’ll see.

my more bearish outlook(gotta have both outlook for short term) is we are pretty over extended right now, in the case of a squeeze that doesnt matter but lets take that factor out. we are over extended on a good amount of timeframes so i think if we start to see a push down it could come back down to that 27.40 level and chop there for a couple days or if we break down then we could see a move down to back to retest that ascending triangle resistance at 25.80.

but we’ll see, maybe ill come back with another post in the near future. for now i’ll take the dub on being right with my first short term TA.

TLDR; I was right about my first two TA posts on this GME. we are looking very bullish, just need volume to really pick up to break out of the golden zone.