ArchersWingman

GME 15 Min Ad Hoc Analysis

Long
NYSE:GME   GameStop
GME is currently testing the 61.8 fib level. Volatility is relatively low so today is a good day to buy options and straddle for a breakout. There has been a small drop due to fake news regarding a silver squeeze. The bearish trendline (lightblue) will be key to know when the breakout will occur to new highs. It's possible the price may catch on the bull trend line (purple) before accelerating back up.

Remember: The market can do whatever the hell it wants.
I am not a registered advisor and everything is for educational purposes only.

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