GME Long Idea
Just my guess what will happen with gme.
we will see a downtrend to maybe 15$ when we dont hold the 20$. Then we get a 3rd bottom at 15$ wich means we are ready for a breakout and with good news on earnings in june we can go to 28$.
After that i guess we will trade in a channel between 23.90$ and 28$, in this time we set again hopefully bottoms in the 24$ area.
with good news september earnings we can breakout to 35$ or maybe higher, depents on news and earnings result.
Than its very likely that we see the 28$ again or at least we trade in the 28-35$ channel.
And hopefully we can than launch to 48$ again.
On the monthly timeframe we can see that the MACD is 4-5 months away from crossing again into the positive site. Thats also very bullish .
I holding
GME since January 2021 and thats just my guess without big big news like RC buying huge again or a huge cooperation.
With this Art its like a mini game, just for fun and maybe it will go as i say or we go further :)
Have a great day all!
-Vaentix
we will see a downtrend to maybe 15$ when we dont hold the 20$. Then we get a 3rd bottom at 15$ wich means we are ready for a breakout and with good news on earnings in june we can go to 28$.
After that i guess we will trade in a channel between 23.90$ and 28$, in this time we set again hopefully bottoms in the 24$ area.
with good news september earnings we can breakout to 35$ or maybe higher, depents on news and earnings result.
Than its very likely that we see the 28$ again or at least we trade in the 28-35$ channel.
And hopefully we can than launch to 48$ again.
On the monthly timeframe we can see that the MACD is 4-5 months away from crossing again into the positive site. Thats also very bullish .
I holding
GME since January 2021 and thats just my guess without big big news like RC buying huge again or a huge cooperation.With this Art its like a mini game, just for fun and maybe it will go as i say or we go further :)
Have a great day all!
-Vaentix
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.