GME back to 300 or free fall to 150?
Hate to say it but GME is at a crucial point at the moment...
What I mean is that it could be a really good buying opportunity since its holding daily demand and the .382 fib support!...BUT if it happens to lose this support zone, we could see some serious price drop down to the next demand zone.
Now as you know from my last post about AMC, I am currently shorting AMC and me + my followers have already made a killing in profits! There was a lot of defensive comments posted from the AMC wsb cult that I just laughed at as they continued to lose money since they want to "hOdL" a meme stock LOL!
Fine by me keep loosing money but I would recommend to consider doing some good technical analysis and maybe have a set of trading rules to follow so you don't find yourself loosing a bunch of money holding a $5 worth meme stock for dear life! Make money on the upside and downside!
With that being said, since GME is in a buy zone, I will be considering to go long if this zone can hold into tomorrow! If this ~195 support level can't hold, I will be looking to short!
Happy Trading!
What I mean is that it could be a really good buying opportunity since its holding daily demand and the .382 fib support!...BUT if it happens to lose this support zone, we could see some serious price drop down to the next demand zone.
Now as you know from my last post about AMC, I am currently shorting AMC and me + my followers have already made a killing in profits! There was a lot of defensive comments posted from the AMC wsb cult that I just laughed at as they continued to lose money since they want to "hOdL" a meme stock LOL!
Fine by me keep loosing money but I would recommend to consider doing some good technical analysis and maybe have a set of trading rules to follow so you don't find yourself loosing a bunch of money holding a $5 worth meme stock for dear life! Make money on the upside and downside!
With that being said, since GME is in a buy zone, I will be considering to go long if this zone can hold into tomorrow! If this ~195 support level can't hold, I will be looking to short!
Happy Trading!
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