$GME is going to $500
Updated
Contextual immersion trading strategy idea.
GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe.
The demand for shares of the company still looks higher than the supply.
I think the short squeeze will continue, thanks wallstreetbets.
Short interest over 100% and free money from FED are not a joke.
So I opened a long position from $220;
stop-loss — $80.
take-profit — $500.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe.
The demand for shares of the company still looks higher than the supply.
I think the short squeeze will continue, thanks wallstreetbets.
Short interest over 100% and free money from FED are not a joke.
So I opened a long position from $220;
stop-loss — $80.
take-profit — $500.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Trade closed: target reached
Trade active
1/2 closed.next target $1000
Trade active
Stop set at $200Trade closed: stop reached
Note
Average close price — $350
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