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Wajeeh Khan

GameStop Stock Is Now in Overbought Territory as Michael Burry Buys Shares. Is It Too Late to Chase GME Stock Here?

GameStop (GME) stock has inched higher in recent sessions after the “Big Short” investor Michael Burry confirmed he’s been buying it in 2026. 

The subsequent surge has pushed GME’s relative strength index (14-day) up to nearly 73, signaling overbought conditions that often precede a notable selloff. At the time of writing, GameStop stock is up more than 20% versus the start of this year. 

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