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GME Still Moving Sideways Overall Despite Recent Price Action!

Long
NYSE:GME   GameStop
This is a very simple way to look at GME through identifying valid support levels and as we saw yesterday, GME bounced at around $132 and closed at $148 today, which probably means that yesterday was the last dip (at least for a while). The higher low at the $138 mark also indicated some bullish divergence as GME is extremely oversold right now on the RSI which adds on to my confirmation bias that GME will go on another bull run very soon. GME has been consolidating for so long now that it's bound to make a huge jump or dip comparable to the one in January. Whether you're holding the stock looking for a short squeeze, or simply looking for a quick swing trade I think GME is at a very nice position right now. We'll see how the trade goes.
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