So, here is another update regarding the GME chart and potential expectations according to Wyckoff.
Today’s run and then its immediate drop seems to have been healthy in that it was may have been a sign of strength (SOS) followed by a retest. I believe that we are now moving into a back up/last point of support (BULPS). This ultimately, suggests that we will continue moving upward. I am guess (according to the volume profiles) that this will continue moving into the $30 range and then retest $32. If we break above $32 and hold, we will likely see $36(ish) before the end of next week.
Good luck everyone. I hope this helps some of you. 🙂
submitted by /u/kwsparks to r/GME
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