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GME Short Play - Down to $130s by EOD
GameStop
Short
GME Short Play - Down to $130s by EOD
By bdutton12
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Apr 1, 2022
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Apr 1, 2022
Current support for GME at $160.
Heavy sell pressure with regular drops below support before recovery, plus multiple previous supports shattered.
GME likely to fall to next support, likely the prior resistance at $136-$137 range by EOW (4/8) as bears have no sign of releasing pressure.
Puts on GME for $136 strike.
Chart Patterns
GME
options-strategy
Trend Analysis
bdutton12
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