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GME tumbled after uneventful annual meeting: Is the hype fading?
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GameStop Technical Indicators Remain Neutral After 20+% Rally

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Luzi Ann Santos joined discussion · Jun 4 11:02
Nine of 15 technical indicators tracked by moomoo are showing no obvious signal for $GameStop(GME.US)$, even after the stock closed more than 20% higher Monday.
Source: moomoo mobile app
Source: moomoo mobile app
Four technical indicators are negative, including OSC oscillator, which measures the difference between the current price and the average price over some time. That indicator, shown below, is signaling the stock is severely overbought and the trend is bearish.
Source: moomoo mobile app
Source: moomoo mobile app
In the options market, more than 236,000 contracts changed hands, landing GameStop in the top 5 stocks with the heaviest volume.
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