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TheStockMarketSniper

GME GameStop Going Long Swing Trade! Double bottom breakthrough

Long
GameStop (NYSE:GME)  
TheStockMarketSniper  
NYSE:GME   GameStop
Trend Analysis Chart Patterns Technical Indicators GME stocksignals stockstobuy LONG swing swingtrade
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trendanalysis chartpattern indicator gme stocksignals stockstobuy long swing swingtrade
snapshot
GME Should be going long for the next 7-14 days. Reaching important targets of 5.75, 6.50, 7.50. Currently the short term Daily chart is showing a Bull Flag BUT the longer view on the daily reveals that we have just bounced off of a Double Bottom pattern and once the price breaks the top of the double bottom it has very little resistance. WHY GME and WHY NOW? They are reopening stores, Gaming boomed during quarantine, their online game sales boosted, and CEO took a 50% pay cut to help out. All this is recent news and should provide a fair amount of interest beyond the TA of the chart.

I am LONG @ 4.95 as of 4/22/2020
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