* I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN DUE DILIGENCE. I AM STRICTLY SHARING MY OPINION AND DO NOT PROVIDE FINANCIAL ADVICE*
Down-trending volume along with bearish pennant forming on the 1H chart as prices appear to be going up. Bearish signal confirmation via down-trending OBV, Stochastic Oscillator on slow settings, and CCI all forming lower highs and...
Given everything we know about this business and the news of horrible quarterly results over the past year and a half, Gamestop is one bad quarter away from total bankruptcy.
Let's take a look at we have going forward on the 1 month chart data:
Falling volume, momentary rise in price these past couple weeks, converging trend lines all signaling a bearish...
