Great Canadian Gaming - Bounce TargetsChart speaks for itself.
Perfect bounces off of key fib levels. A bounce close to the .618 fib level would line up perfectly with the upper trend line of the channel along with the 200EMA.
GC was not the most volatile stock but was a cash cow pre-covid with great margins and growth.
Will continue to look for great buy opportunities even if we break below the bottom trend line of the channel.
Massive volume spike but not too much of a price move which could be a signal of strength.