caldooninvestment

GME - Please Don't Stop the Music 🎵

Long
NYSE:GME   GameStop Corporation
-CNBC’s Jim Cramer said GameStop and AMC Entertainment are presenting buying opportunities as the companies prepare to reinvent themselves.

-“These companies now have the ability to reinvent themselves because higher stock prices have allowed them to raise capital,” he said.

-GameStop, which reported better-than-expected results for its first quarter after the market close, was down about 7% in extended trading. The company also announced Wednesday it has hired former Amazon e-commerce executive Matt Furlong as its new CEO.
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Comments

61.8% off the $132 B or 2nd wave low came in at 212.66, and $203.90 using the $116.9 bottom, the first has been violated, it stopped exactly there took a breather and went lower. If a triangle develops it'll take weeks, and there will be plenty of opportunity but the most obvious count is a bear market rally, and a double failure swing high on 3/10 and 6/8. If correct eventually under $38.50, meanwhile there is good resistance 248.75 along with the high before today's gap down at 328. I don't expect that gap to be filled anytime soon or at all. Jim Kramer is wrong a good deal of the time.
+2 Reply
I have the same viev on GME
Well done!
+2 Reply
richardpm718 caldooninvestment
@caldooninvestment, Please update the chart
Reply
Maybe) Thank you for you idea!
+1 Reply
Thanks for sharing
+1 Reply
@P_S_trade our pleasure dear
Reply
Very good analysis
+1 Reply
@KlejdiCuni thank you brother
Reply
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