Regardless of GME being a meme stock, we are seeing a solid symmetrical pattern on the daily chart. Relative volume confirms a squeeze in GME, it trading only 11% of volume last trading day compared to its average.
For entry, wait on rel vol to increase (Would like to see ~1.20), a bounce off support ~150.00, and Breakout on volume (Bottom of chart).
First Target: 195.00
Second Target: 264.00
Stop Loss: 130.00
Anxious to see this ticker moon once again.
For entry, wait on rel vol to increase (Would like to see ~1.20), a bounce off support ~150.00, and Breakout on volume (Bottom of chart).
First Target: 195.00
Second Target: 264.00
Stop Loss: 130.00
Anxious to see this ticker moon once again.
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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.