the_nebraskan
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since Sep 14, 2020
gamestop
gme
trendanalysis
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Gamestop 40 week moving average just crossed over the 3 year moving average. Last time we saw this was leading up to the '21 sneeze. Stock is showing good support between the $25-30 dollar range, if we can hold or exceed this zone, we could see something similar to 4-years ago. Definitely need a catalyst and some volume. 4 year cycle??
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Since Dec '20, $GME has bounced off a logarithmic floor. This chart forecasts that trend for the next 6 months.
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January peak from trend was +1900%. March peak from trend was +600%. Potential new rally zone shown given the previous min/max of 600%-1900%.
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