Gamestop's last line in the sand is $9.50-$9.70, where it bounced initially back during the first run up.
The next bounce spot is $7.50 but momentum will be high to the downside. If this truly were to MOASS you would buy it at $25+ when it clears liquidity levels and develops upside momentum.
Currently, this appears to be heading to zero. I would not have a position in this company.
The next bounce spot is $7.50 but momentum will be high to the downside. If this truly were to MOASS you would buy it at $25+ when it clears liquidity levels and develops upside momentum.
Currently, this appears to be heading to zero. I would not have a position in this company.
Note
On watch. Looking for $25 with a retest on the $20 or so
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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.