GameStop - classic bottom with overhype after.

8 Feb 2021

𝙃𝙤𝙬 𝙃𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙 𝙘𝙝𝙚𝙖𝙩𝙚𝙙 𝙥𝙥𝙡 𝙬𝙝𝙞𝙡𝙚 𝙥𝙥𝙡 𝙩𝙝𝙞𝙣𝙠 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙮 𝙘𝙝𝙚𝙖𝙩 𝙝𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙..🤫

𝙒𝙝𝙖𝙩 𝙙𝙞𝙙 𝙬𝙚 𝙠𝙣𝙤𝙬 𝙖𝙗𝙤𝙪𝙩 GME 𝙥𝙪𝙢𝙥? 🤓
-GME YOLO update following the start of the Big Short Squeeze.... hedge fund... high short interest rate ...
It was on 15 Apr 2020. (I place a horizontal line on 01 Apr 2020).

𝙒𝙝𝙖𝙩 𝙙𝙤 𝙬𝙚 𝙨𝙚𝙚 𝙤𝙣 𝙩𝙝𝙚 𝙘𝙝𝙖𝙧𝙩?😎
We see 🚩𝙄𝙉𝙎𝘼𝙉𝙀 𝙃𝙐𝙂𝙀 volume in 3$ - 6$ range. From Jun 2019 to Apr 2020. I see here accumulation or "bottom" after price drop 45$>4$.
I don't see 𝙎𝙃𝙊𝙍𝙏 𝘼𝘾𝘾𝙐𝙈𝙐𝙇𝘼𝙏𝙄𝙊𝙉 on the chart as Reddit guys sad. Nobody SHORT stocks after 90% price drop - it's madness.

📃I see it like this:
1) Smart Money open short on 40$-45$.
2) Smart Money close short on 4$-16$.
3) Smart Money accumulates a Huge LONG position from Jun2019 to Apr2020 - almost 9 months. (buy on bottom).
4) On 15 Apr we have a post on Reddit and the price starts to rise.
5) Pump. Smart Money sell the position to ppl who HODL :)
6) DONE.