GameStop Enters The Danger Zone: Death Cross Flashes, But Ryan Cohen Isn't Flinching
1. GME forms a Death Cross, signaling bearish momentum ahead. 2. CEO Ryan Cohen bought 500,000 shares, increasing his ownership to 8.4%. 3. After initial gains, GME stock saw a 25% drop due to bond offering. 4. Despite technical bearish indicators, potential for a short-term bounce exists. 5. Cohen's moves may counteract negative trends; GME's resilience remains key.