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Still doing some research. Trend is strong and there was some insider buying. Retail could also take a hit soon
GME broke through resistance from Oct 15, Oct 1, and June 11, targeting 1.618 Fib @ $6.09.
Gamestop $GME showing serious volume signature indicative of buying climax on Monthly. We might be looking at the possibility of this stock entering into a trading range from his point on. List of published scripts: www.tradingview.com
NYSE:GME is hovering near all time lows. While this may look like a savory opportunity to buy in cheap, I urge you to be very careful here. There is not an established case for there to be strong support here at this price. I would recommend waiting for some type of accumulation range to set up before jumping in. Be very cautious, and be confident in this...
If you were short Gamestop last week they chances are you may have got a little nervous when a famed short seller decided to long the stock. We think it may be worth a little long trade to see just how many of the 60% short interest decide to cover.
Look, the truth is no one buys games from Gamestop anymore like we use to. We can easily download games via our console or we go to stores like Best Buy, use Amazon or buy used games or consoles through Craigslist or Facebook Market. There is nothing special about Gamestop, anyone can do what they do. What they should focus on is selling classic old vintage games....
I think it will see $15's within the next year or so. Michael Burry looks correct on his call
Did you know that Michael Burry is long on GME? Of course, that is not a reason for us to also pres a buy button, but if we look at redline which has a price value from 2003 lows, and on H1 MA200 which stand as a support line together with redline (RSI is at 50 levels here) we can wait for some price reverse and then take under consideration to go-ahead. I...