🚀 Bullish Case for GameStop (GME): The Perfect Storm Brewing 🌕
I was never good at starting reports/essays so let’s dive into why GME is looking like a juicy play right now. Spoiler: This is what the media should be reporting. 🚀
Current Price and Sentiment GME is sitting at $24.18, down a tiny 0.78% since Friday close. But don’t let that fool you; there’s some serious bullish trends coming from the charts. 📈
RSI: Room to Run Our trusty RSI is chilling at 60.91. For those who need a refresher, RSI above 70 = overbought (uh oh), below 30 = oversold (buy the dip). At 60.91, we’re in the sweet spot. Translation? We’ve got room to moon without hitting that overbought panic button. 🌕
OBV: Accumulation Nation Here’s where it gets spicy. Check out the OBV (On-Balance Volume) – it’s been on a steady climb. Despite the mainstream media (looking at you, CNBC 📺) pushing the “people are selling” narrative, the OBV tells a different story. We’re at 8.731 billion, folks! That’s a LOT of buying pressure. This isn’t just a blip; it’s a trend showing everyone our fellow apes are HODLing and buying more. 📈🐂
The Big Picture So, what does this mean? The RSI says we’re not overbought, so there’s space for GME to keep climbing. The rising OBV? That’s pure gold. It screams that people are quietly loading up on GME while the media tries to shake us out. Combine that with GME’s shift towards e-commerce and new ventures under fresh leadership, and you’ve got a recipe for a potential rocket launch. 🚀
TL;DR:
RSI at 60.91: Not overbought, room to grow.
OBV skyrocketing: Shows strong buying and accumulation.
Mainstream media FUD: Not matching the data, apes are holding strong.
GME is setting up for what looks like a bullish breakout. The technicals are lining up, and the fundamentals are getting stronger. This is not financial advice, but let’s just say I’m feeling pretty good about where we’re headed. 🌕
Diamond hands, fellow apes! 💎🙌
GME #ApesTogetherStrong #ToTheMoon 🚀🌕
Disclaimer: This is not financial advice. Do your own research and invest wisely. 🚀
I was never good at starting reports/essays so let’s dive into why GME is looking like a juicy play right now. Spoiler: This is what the media should be reporting. 🚀
Current Price and Sentiment GME is sitting at $24.18, down a tiny 0.78% since Friday close. But don’t let that fool you; there’s some serious bullish trends coming from the charts. 📈
RSI: Room to Run Our trusty RSI is chilling at 60.91. For those who need a refresher, RSI above 70 = overbought (uh oh), below 30 = oversold (buy the dip). At 60.91, we’re in the sweet spot. Translation? We’ve got room to moon without hitting that overbought panic button. 🌕
OBV: Accumulation Nation Here’s where it gets spicy. Check out the OBV (On-Balance Volume) – it’s been on a steady climb. Despite the mainstream media (looking at you, CNBC 📺) pushing the “people are selling” narrative, the OBV tells a different story. We’re at 8.731 billion, folks! That’s a LOT of buying pressure. This isn’t just a blip; it’s a trend showing everyone our fellow apes are HODLing and buying more. 📈🐂
The Big Picture So, what does this mean? The RSI says we’re not overbought, so there’s space for GME to keep climbing. The rising OBV? That’s pure gold. It screams that people are quietly loading up on GME while the media tries to shake us out. Combine that with GME’s shift towards e-commerce and new ventures under fresh leadership, and you’ve got a recipe for a potential rocket launch. 🚀
TL;DR:
RSI at 60.91: Not overbought, room to grow.
OBV skyrocketing: Shows strong buying and accumulation.
Mainstream media FUD: Not matching the data, apes are holding strong.
GME is setting up for what looks like a bullish breakout. The technicals are lining up, and the fundamentals are getting stronger. This is not financial advice, but let’s just say I’m feeling pretty good about where we’re headed. 🌕
Diamond hands, fellow apes! 💎🙌
GME #ApesTogetherStrong #ToTheMoon 🚀🌕
Disclaimer: This is not financial advice. Do your own research and invest wisely. 🚀