Price targets are $160, $180, $200, $220 and $240. Look for volume and hidden bullish divergence continuation.
With volume -> Hold. Without volume -> Covered calls.
With volume -> Hold. Without volume -> Covered calls.
Note
trade still active. The drop to $120 was met with a much higher of buy orders. Volume still indicates that we are in accumulation. Waiting on volume exceeding 10MTrade active
Note
Notice the CCI downtrend and uptrend where GME developed consolidation in the $3-$7 range. Again today with the close at $130 we are cultivating a higher low on the CCI which further validates this triangle.Note
Look at the classic double triangle broadening bearish megaphone setup in UEC. GME is pretty much in the bottom of the first of two triangles forming and we are going to look to see the following set of prices in this order: $130 -> $180 -> $150 -> $250 to $280 -> $90-$110 -> now we are ready.
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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.