Did you know that Michael Burry is long on GME?
Of course, that is not a reason for us to also pres a buy button, but if we look at redline which has a price value from 2003 lows, and on H1 MA200 which stand as a support line together with redline (RSI is at 50 levels here) we can wait for some price reverse and then take under consideration to go-ahead.
I don't have a problem to go with 1000 shares and hold my breath to -50% if needed, because I am not a day trader.
My target, when I go in, will be at $12 area, but only if the price breaks $8.82.
Of course, that is not a reason for us to also pres a buy button, but if we look at redline which has a price value from 2003 lows, and on H1 MA200 which stand as a support line together with redline (RSI is at 50 levels here) we can wait for some price reverse and then take under consideration to go-ahead.
I don't have a problem to go with 1000 shares and hold my breath to -50% if needed, because I am not a day trader.
My target, when I go in, will be at $12 area, but only if the price breaks $8.82.
Commentaire:
and its done
Commentaire:
next bigger buy after todays drop