The article is saying that GameStop's stock price keeps going down and might keep going down more. It has already gone down a lot, but there is still some hope if it doesn't go below $12.18. Read from source...
- The article has a sensationalist title that tries to create fear and uncertainty among investors. It claims that the downtrend is intact and the end game is near, but it does not provide any solid evidence or analysis to support this statement.
- The article uses misleading charts and graphs that show the price action of GameStop stock over a short period of time, without giving any context or historical perspective. It also ignores other factors that may influence the market, such as news events, earnings reports, analyst ratings, etc.
- The article relies on vague terms like "protracted downtrend" and "strong resistance" to describe the market conditions, without explaining what they mean or how they are calculated. It also uses emotional words like "implosion" and "hope" that appeal to the readers' feelings rather than their logic.
- The article cites Jim Cramer as a source of authority, but it does not mention any of his past predictions or track record. It also does not disclose any potential conflicts of interest or bias that may affect his credibility or objectivity.
bearish
Analysis: The article discusses GameStop stock downtrend and how it is likely to continue, with the possibility of reaching $5 level. The author mentions strong resistance at 150-day and 30-day EMAs and critical support at the recent low. These factors indicate a bearish outlook for the stock.
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