After this bearish run in the market, we find ourselves battling support on GME 4 hr chart
This morning, we were able to climb back over the support at 139.18
This is a good buying point suggested by the volume profile.. The plan is to hold shares until we hit our short term target (160.70) or hit stop loss (135.31)
Interesting to see how this plays out, as it seems we have dropped out of the ascending triangle a little, approaching dangerous zones. Only time will tell if we are able to get GME back up to key levels
This morning, we were able to climb back over the support at 139.18
This is a good buying point suggested by the volume profile.. The plan is to hold shares until we hit our short term target (160.70) or hit stop loss (135.31)
Interesting to see how this plays out, as it seems we have dropped out of the ascending triangle a little, approaching dangerous zones. Only time will tell if we are able to get GME back up to key levels
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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.