GME breaks through flag resistance, going into bullish uptrend.
However, there is major resistance at 220, hoping for a close above 220.
New support should form soon, I estimate new support would be around 200-205ish.
Also hoping for higher than estimated earnings report, should reinforce retail and institutional investors for a long position until shorts cover.
However, there is major resistance at 220, hoping for a close above 220.
New support should form soon, I estimate new support would be around 200-205ish.
Also hoping for higher than estimated earnings report, should reinforce retail and institutional investors for a long position until shorts cover.
Note
Updated pattern/trend analysis.
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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.