GameStopLong
Gamestop (GME) Long
Gamestop is showing seller exhaustion just below an iceline. Ideally, I'd like to see this occur above that iceling. However, there is triple MACD classic bullish divergence and normal classic bullish divergence on the RSI on the 4hr. If it starts to play out then the daily will also show classic bullish divergence on the RSI and MACD indicating a reversal is likely coming.
Entry: $128
Stop: $109
1st target: $245
2nd target: $285
3rd target: $345
Entry: $128
Stop: $109
1st target: $245
2nd target: $285
3rd target: $345
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.