GameStopShort
$GME - New Short Position - 3:1 R/R
I believe the party is officially over for Gamestop.....and the WSB crowd.
Volume drying up, below several key EMAs, and a boatload of bearish fundamental catalysts. $215.00 is the support to watch for a break below - sellers will pile on if we lose this level.
We are short MOC at $225 on 02/01/2021 with a target of $113.50 and stop-loss of $262.00 for a 3:1 risk-reward ratio.
Feel free to comment and share your thoughts!
Volume drying up, below several key EMAs, and a boatload of bearish fundamental catalysts. $215.00 is the support to watch for a break below - sellers will pile on if we lose this level.
We are short MOC at $225 on 02/01/2021 with a target of $113.50 and stop-loss of $262.00 for a 3:1 risk-reward ratio.
Feel free to comment and share your thoughts!
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