I like to use the median-adjusted mean which is the average of the median and the mean (i.e. a 363% growth factor in this case). That said, if we assume that this current trend was the local bottom in all of these basket stocks (since we have just faced a long-duration downward price pressure period), then 363% x $22.40 = $81.31 per share for 💲 G M E (as a very-short-term expectation based on technicals alone).

Note that this analysis is technicals-only, and does not take ANY fundamentals, news, or macro trends into account - nor does it take overshoot from a real short squeeze into account. It is just showing that we should have a routine jump of 363% of its local low, regardless of what stock causes the basket pressure, within this still-new 'meme stock era'.

The question people should be asking is... when this same style of jump occurs again here (and provided that hedge funds are already facing very-ugly margin pressures market-wide) will it be enough (and when combined with similarly-timed runups across the tickers in the meme basket) to cause an actual short squeeze? [Because, as we know, no official short squeeze has ever occurred with this stock in the meme stock era (since all data reveals that shorts not were forced to close at any point, as the big margin calls were either waived and circumvented, kicking the can to right now)].

The question here is more simple: is this coming jump (that will, by technicals, happen again very soon) going to be able to force the basket to have a collective squeeze?

To answer this, I have been analyzing the 'beta' behavior of the basket stocks as they relate to the macro market.

Recently, the macro indices have been finally acting inverse to the meme-related basket tickers, and therefore, my answer is: yes. GameStop's price jump to, $81.31 per share MINIMUM, as the technicals reveal, would put the hedge funds out of their collective misery, based on their gross irresponsibility that they made worse when they continued to attack GameStop and other innocent stocks around the market.

Therefore, this would cause an actual squeeze this time around (that we have not seen yet before or after the meme stock era), by collective margins. This squeeze would obviously propel GameStop Corp's share price far above the $100.00 per share window (where it is probably anticipated for the company to raise more capital with an offering, per se, perhaps when $GME reaches the $1,000.00 per share price window).