!! NFA !! As the Omicron hit the scene, hedgies piled up on shorts as a last ditch effort for bringing the apes down. Now that the Omicron dusts are settling down, people are back at it and price is currently on an up trend.
Our friends at AMC got rejected at 200MA on 24H chart today. I Predict the same scenario for GME to happen. At the current rate, we will hit the 200MA at around $180. This price area is a bleed area for shorts, as they will be once again under significant loss.
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