jcjurevis

Tug of War: $200 Resistance vs $120 Support

NYSE:GME   GameStop
GME will have to break and sustain the first resistance of $200 before we go any higher. It appears we do have a head and shoulder pattern forming on the 1hr, however this could change if we break $200. If we do reject the $200 resistance we should test $120 again.

-Please note, none of this is a recommendation, trading is risky, this is only my point of view

  • Wait for confirmation, cause trend is your friend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.