As a follow up to yesterday’s GameStop post, there was another big spike this morning. The blue trendline I’ve drawn shows the long-term resistance spanning 2007, 2013, and today. My view is that the short squeeze is over, and GME will just complete another lower high, remaining beneath the long-term blue line.

(Click on image to enlarge)

Check out the size of the Price Cone:

(Click on image to enlarge)