Lawsuit Against GameStop Trader Roaring Kitty Dismissed Just Days After Being Filed
- Lawsuit Against GameStop Trader Roaring Kitty Dismissed: A class-action lawsuit against Keith Gill, known as Roaring Kitty, was voluntarily dismissed just one business day after being filed.
- Reason for Dismissal: The lawsuit was withdrawn after Gill was issued a summons to respond to the complaint within 21 days.
- Plaintiffs' Decision: The plaintiffs notified the court that they were dropping the lawsuit without prejudice.
- Market Impact: The news of the lawsuit dismissal broke before the U.S. markets closed, with GameStop stock ending the day down 5%.
- Allegations in the Lawsuit: The lawsuit accused Gill of engaging in a pump-and-dump scheme with GameStop stock, causing losses to investors who bought at inflated prices.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author






