/biz/ - Business & Finance

>>22826033
I agree, should have had a bigger position earlier and scaled back, but as a technical trader I'm comfortable with following the trend. Look at the chart, clear bullish breakout with lots of respect at the 8 and 21 EMAs. This looks a lot like Overstock (OSTK) when it was running up earlier in the year. That ticker also had a large short float but nowhere near over 100% lmao. There's still potent catalysts on the horizon with console season and the short interest/squeeze potential is really just the cherry on top. When (if) GME starts showing actual downside pressure I'll consider getting out but as of right now it just isn't there and the bears are in trouble right now.