GME 15 Min Ad Hoc Analysis

GME now approaching it's bearish trend line (blue line going down) around the 78.6% retracement level. Traders should monitor how the price reacts to this. There will likely be a big move tomorrow from this, as well as monitoring changes in short interest. Fintel reports there are currently 500,000 shares available to short. It's not clear if this will move down or up yet. The thick ichimoku cloud above the price presents a more pessimistic scenario.