SWRLS

GME 50 EMA Defense

Long
NYSE:GME   GameStop
GME came alive in December and is currently retracing back to the 50 EMA. Things to consider, volume has been drying up since the initial move in late November, $15.41 is a strong level of support, but below that there's the gap all the way down to $13.55. January is usually a great month for this stock, but I'd love to see it defend the 50 EMA and the $15.41 level before going long. A bounce off support and a reclaim of the 50 EMA would be very bullish in my opinion

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