GME more upside potential
**Not financial advice.** I have been wrong before. :)
GME has the potential to get to about $140 to $180. On the flipside, it could also absolutely tank if goes through these support areas.
The stock has reclaimed long term channel and is backtesting support. If it respects this channel, then $140-$180 is possible.
GME has the potential to get to about $140 to $180. On the flipside, it could also absolutely tank if goes through these support areas.
The stock has reclaimed long term channel and is backtesting support. If it respects this channel, then $140-$180 is possible.
Note
GME keeps consolidating below 21 Day EMA and it is starting to be just a little concerning. Could just be the quarter end stuff. We'll soon find out. Need to get this over 21EMA for a bigger up move.Note
This could also be a possible symmetrical triangle to go higher...Note
GME might dump out to the lower support line at about $16, before a possible reversal to new all time highs.Note
Another possible Bullish Setup brewing in GMENote
GME has no where to go but to break out or break down. It could happen as early as tomorrow. So far the setup is bullish unless it fails. If it breaks out, this will squeeze to about $78-$80 very quickly with $190 still probable.
Note
If it breaks down, it can get back to $9.
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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.