GME 48 resistance level
Updated
We've been seeing perhaps a bottoming out process in the past few sessions at the low 40's level. If it manages to make a move higher, it will run in to the 48 resistance level. It's key to see if GME is able to break above this and move to 60, or get rejected and either consolidate some more or head lower. Watch the RSI levels. I think getting in at 48 ish after it breaks and manages to stay above the level and riding it to 60 may be the play here for a 20-25% gain. I still wouldn't hold this stock assuming some kind of "to the moon" wishes still.
Note
Failing to do that, i see this going down to 35 level.
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