GameStopLong
$GME Up Up Up
Analyst Projections:
CoinPriceForecast: Predicts GME reaching $45 by the end of 2025, suggesting a potential increase from its current price.
Longforecast.com: Estimates GME's price in June 2025 to range between $27.67 and $32.49, indicating modest growth.
ExlaResources.com: Projects GME starting at approximately $25 in January 2025 and potentially reaching between $36 and $60 by year's end.
Considerations:
Market Sentiment: GME's stock has experienced volatility, often influenced by social media and retail investor activity. For instance, a recent tweet by Keith Gill, known as "Roaring Kitty," led to a notable surge in GME's stock price.
Business Fundamentals: Analysts express concerns about GameStop's core business profitability. Wedbush analyst Michael Pachter notes the company lacks a viable strategy to leverage its cash reserves for new ventures, especially after unsuccessful attempts like the NFT business.
Conclusion:
While some forecasts suggest potential growth for GME by 2025, the company's future performance is uncertain due to market volatility and challenges in its core business operations. Investors should conduct thorough research and consider their risk tolerance before making investment decisions regarding GameStop.
CoinPriceForecast: Predicts GME reaching $45 by the end of 2025, suggesting a potential increase from its current price.
Longforecast.com: Estimates GME's price in June 2025 to range between $27.67 and $32.49, indicating modest growth.
ExlaResources.com: Projects GME starting at approximately $25 in January 2025 and potentially reaching between $36 and $60 by year's end.
Considerations:
Market Sentiment: GME's stock has experienced volatility, often influenced by social media and retail investor activity. For instance, a recent tweet by Keith Gill, known as "Roaring Kitty," led to a notable surge in GME's stock price.
Business Fundamentals: Analysts express concerns about GameStop's core business profitability. Wedbush analyst Michael Pachter notes the company lacks a viable strategy to leverage its cash reserves for new ventures, especially after unsuccessful attempts like the NFT business.
Conclusion:
While some forecasts suggest potential growth for GME by 2025, the company's future performance is uncertain due to market volatility and challenges in its core business operations. Investors should conduct thorough research and consider their risk tolerance before making investment decisions regarding GameStop.
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As you can see we have major divergence on the 5-day on the squeeze momentum. ADX just turned red but I do not think we will confirm this. RSI is oversold on pretty much all time frames. They are manipulating the crap out of this stock. They have had years to prepare but so have we. It is time this week or next the move up is IMMINENT. Note
No retailer is selling this dip lol. Market makers are something else VOLUME VOLUME VOLUME. The candle down was not nearly enough volume to sink the price that much. Note
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last time we saw this level on the RSI we had a move of nearly 20% up right before we started the uptrend. I am not saying this will happen this time but I believe it might just play out that way. Note
Looking to bottom here.
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Another thing last night I was creating stop losses for all of my current positions. The thing is I accidently set my stop at 27.42 and my limit and 24. I messed up. But a little insight for all of you people scared to put money in. I just loaded 71 shares at 27.94. We will see higher in the coming week. Note
Looking to see how we handle this break before I can really say more.
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