What’s in the Box? A
$GME Thread
1/ Let’s go back in time—January 2021.
$GME hit an all-time high before the buy button was turned off. Price collapsed from the peak to $10 before DFV doubled down. What happened next? A 300% move up.
2/ As GameStop’s business transformed, price trended down again, eventually retesting $10 in April 2024. And what did
$GME do? A 500% bounce.
3/ Now, let’s fast-forward to May 2024.
$GME dropped from $80 to $17.70, only for DFV to return with his massive position. Price rocketed again 300% .
4/ Here’s the key question: Was $17.70 the new $10? The place where DFV reloads before the next leg? History doesn’t repeat, but it sure does rhyme.
5/ If the pattern holds, $17.70 could be the foundation for the next squeeze. Time will tell. But one thing’s for sure—something’s in the box.
What do you think?