You guys do know that it's an extremely BULLISH sign to break through a double top right? If GME was going to tank it would have started to fall off by now. Hit 28 a bit ago (I called it) which is where resistance was...Fell below 26 and is now approaching 28 again. Sound weak to you? Gets through 28 and you will be scrabbling to cover your short. Ridiculous time to be shorting in to a bullish movement and " gambling" what the chart is going to do. Wait until it starts to act the way you think it's going to and learn to trade.
That other post was supposed to be a reply to you. See another chart of one of my favorite rangebound piglets, DWA.
Amazon Kindle (Amazon has all the power in this decision), holiday stores, etc. are a sign of DESPERATION just like Best Buy's decision to try to enter the tablet market. Digital gaming, Steam, etc. will bury this company. The Blockbuster comparison is valid.
You do realize GME has been range bound for FOUR YEARS right? This is a good opportunity to fade the top of the range. I am not going to hold back down to 15 (or lower since this stock is ultimately going to zero) but this is a high probability short here.
Your last comment IS good advice though. Even if it does breakout here, most breakouts (90%) retrace to the old resistance/support level. I only shorted a small position so far although I am in and out of GME and several of the other game stocks.