Technical ::
-Bullish Diamond pattern detected
-97.60% short float (High chance of short squeeze)
-MACD crossover
Fundamental ::
-XBOX & Playstation release this year (history of stock riling upwards on console cycles)
-Directors vote on the 12th
-Recently just sold company jet to pocket some money
-June 11th PS5 announcements
Personal Opinion ::
GameStop can always transition over to online sales close a few of their stores & keep a few major one's open & cut cost to save money.
Personally I think it is extremely undervalued.
-Bullish Diamond pattern detected
-97.60% short float (High chance of short squeeze)
-MACD crossover
Fundamental ::
-XBOX & Playstation release this year (history of stock riling upwards on console cycles)
-Directors vote on the 12th
-Recently just sold company jet to pocket some money
-June 11th PS5 announcements
Personal Opinion ::
GameStop can always transition over to online sales close a few of their stores & keep a few major one's open & cut cost to save money.
Personally I think it is extremely undervalued.
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.
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.