GME: should have more downside

GME the king of meme stock is still on correction mode. On a log scale it doesn't look that bad really; specially if one compares with the lot of crypto charts. Anyhow, at this moment it looks like GME has some ways to go to complete the corrective wave 2. When price goes parabolic, it is quite natural to have a prolonged corrective phase. Price should come down to previous lower degree wave 3 to wave 4 area. Back in 21, I remember gambling 20 bucks into 200 in less than a week and then got stuck on Robinhood with put options when they stopped trading. Insane times... Hopefully, next time around, GME will graduate from a meme stock to something with actual fundamentals behind the company to start a long term uptrend (AKA cycle degree wave 3)...one can hope.