The Bulls Are Back Baby! : PT 69NYSE:GME
Hello,
On the daily timeframe, there is a potential golden cross formation, and on top of that closing above the 200MA. The last time this happened was Sept 2020 and we all know what happened to this stock. The RSI is very telling -- Bullish -- as every time it crossed we saw at least a 153% increase (March 2022 RC Buy), 62.79% in May, 17% in June, and 42% in July. Today, it crossed again! I have priced in a minimum 20% move up and we'll probably retest the 0.786($43.45 - $173 pre-split). Aug 2nd was part of the T+69 theory and I have no idea what happened because I ate too many crayons. Fibs point to 69 good luck all!
Not financial or sexual advice.