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GME Strong Selloff at Market Open

Written By: ChartChamp

June 3, 2024

GME has rallied back during post-market and pre-market hours after RoaringKitty discloses a large GME position. RoaringKitty has a large call options trade that expire June 21 so he clearly thinks GME is likely to rally over the next few weeks in June. There will be a lot of trading halts, unexpected pumps, and price swings for GME. I have June 11 as an important date where GME reports earnings, I think there will be some important announcements made on those dates that can help GME rally in June. For now there have been two spikes and selloffs, and we’ll see if GME can continue to rally as we approach the June 11 earnings date.

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