GameStopLong
GME Breakthrough of Flag, Bull Flag forming/Bullish Trend
Updated
GME breaks through flag resistance, going into bullish uptrend.
However, there is major resistance at 220, hoping for a close above 220.
New support should form soon, I estimate new support would be around 200-205ish.
Also hoping for higher than estimated earnings report, should reinforce retail and institutional investors for a long position until shorts cover.
However, there is major resistance at 220, hoping for a close above 220.
New support should form soon, I estimate new support would be around 200-205ish.
Also hoping for higher than estimated earnings report, should reinforce retail and institutional investors for a long position until shorts cover.
Note
Updated pattern/trend analysis.
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