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rook2pawn
Apr 6, 2024 12:02 AM

Gamestop strong buy above $25, next bounce spot $7.50 bearish Short

GameStop CorporationNYSE

Description

Gamestop's last line in the sand is $9.50-$9.70, where it bounced initially back during the first run up.

The next bounce spot is $7.50 but momentum will be high to the downside. If this truly were to MOASS you would buy it at $25+ when it clears liquidity levels and develops upside momentum.

Currently, this appears to be heading to zero. I would not have a position in this company.

Comment

On watch. Looking for $25 with a retest on the $20 or so
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