GME 15 Min Ad Hoc Analysis

5 Feb 2021

GME has crossed the bearish trend line and is now approaching thin ichimoku cloud on the 15 min chart. A break to the bullish side of the ichimoku cloud paired with bullish lagging indicator (white line) and bullish crossover (blue over red) could indicate the next squeeze. Stimulus checks of $1400 are now expected to be released soon which could help drive a second squeeze. Over 6 million people have subscribed to wallstreetbets over the past few weeks. If only one million of them receive a check and buy gme, that is a 1.4 billion more in market cap (currently just under 5 billion today.)