Short

GME 2/8/2021

Updated

After price pulled back and turned support area of 81-90 into resistance, Lower highs into support area of 53-59 showing sign of bull weakness and strength of the bears. Price is also bouncing off 50ma further signaling a healthy down trend. Entry signal will be the break of 57.25.

Entry: 57.25
Stop: 69.12
Target: 44

Note

Entered trade 59.10
Stop loss: updated to 65
Target: 44

Note

Stop Loss: updated to 61.50

Note

Stop Loss: Updated to 55.25

Note

Stop Loss: Updated to 51.60

Trade closed: stop reached

Stopped @ 51.56. Trade Closed. 12.69% gain

Trade active

Entering Trade.

Entry: 41.55
Stop Loss: 44.55(-7.36)
Target: 24.00

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