GameStop (GME) Going Back To $11.96 X Share (TA)
GameStop, everybody is talking about, we can see it all over the news.
The truth is revealed in this chart.
The GME stock is now going through an ABC correction, we are likely to see lower prices on the "C wave".
When it comes to fundamentals, all I've heard is that the company has been losing money over the years as people now buy their games online.
FA aside, it is normal to see a big strong after such strong bullish action as we see happened with GME.
This is going lower, be aware.
Additional details on the chart.
Make sure to leave a comment if you have any questions.
Leave a LIKE to show your support.
Namaste.
The truth is revealed in this chart.
The GME stock is now going through an ABC correction, we are likely to see lower prices on the "C wave".
When it comes to fundamentals, all I've heard is that the company has been losing money over the years as people now buy their games online.
FA aside, it is normal to see a big strong after such strong bullish action as we see happened with GME.
This is going lower, be aware.
Additional details on the chart.
Make sure to leave a comment if you have any questions.
Leave a LIKE to show your support.
Namaste.
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