GME’s price has been in a nearly perfect Wkyoff Accumulation Pattern in the last month and Friday’s price action confirmed it. We start breaking out next week. (Pictures Inside)

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Wykoff was a believer in market manipulation; mainly how institutions would manipulate prices in order to buy more of an asset or sell more of an asset without moving the price much. He found that their methods produced a similar chart pattern time and time again. The higher lows on the GME chart in the last month do not invalidate this pattern. On the contrary, they show that even though institutions continue to manipulate price in order to accumulate, they are having trouble keeping the buying pressure at bay. This thing is ready to blow… TOMORROW. Compare below:

You can find out more about the Wykoff Accumulation Pattern here: Chart Patterns: Wyckoff Accumulation | TrendSpider Learning Center

The Wykoff Accumulation Pattern, 4h

GME Price Action, 4h

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