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SierrasTrades
Mar 7, 2024 6:27 AM

$GME: 🚨 $21 next target 🎯 Long

GameStop CorporationNYSE

Description

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Hello everyone,

Hope everyone is excited as I am for this next move up. If NYSE:GME is able to break above $15.81 and hold it there with a 4hr or daily close, then price should move up towards $21. Conversely, if NYSE:GME fails to break above and hold above those levels, then NYSE:GME will fall down to the $12.40 area with a hopeful bounce at $13.50.

Overall, I'm still bullish on NYSE:GME because the indicators suggest it is still in a bullish configuration. Since my last post where I forecasted a pop to $15.76, NYSE:GME may retest $15.05 before bulls take over and break above $15.81 to make the move to $21.

Good luck, everyone! As always, not financial or sexual advice. πŸš€ I will try my best to update this post once we see some action on either side.

Comment

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NYSE:GME Successfully retested $15.05 exact. Moving up slowly.

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Closing at power hour, the price is bearish. Will test $15.13.

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NYSE:GME hit a $15.89 high and a $14.52 low. NYSE:GME needs to stay above $14.55 and above $15 to be considered bullish.
Comments
LT1
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So how are you playing this? Just waiting for a major move either way?
SierrasTrades
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@LT1, you can play options but I prefer just buying shares.
LSC1234214
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I think this is heading to 12
SeanW4
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regardless of earnings being good or bad it’ll probably go down, this is a long term play with a great company. if you believe then buy in if you don’t then don’t get involved, especially based on highly manipulated squiggly lines
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