GME more upside potential

Zaktualizowano
**Not financial advice.** I have been wrong before. :)

GME has the potential to get to about $140 to $180. On the flipside, it could also absolutely tank if goes through these support areas.

The stock has reclaimed long term channel and is backtesting support. If it respects this channel, then $140-$180 is possible.

Komentarz
GME keeps consolidating below 21 Day EMA and it is starting to be just a little concerning. Could just be the quarter end stuff. We'll soon find out. Need to get this over 21EMA for a bigger up move.

snapshot
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This could also be a possible symmetrical triangle to go higher...

snapshot
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GME might dump out to the lower support line at about $16, before a possible reversal to new all time highs.
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Another possible Bullish Setup brewing in GME

snapshot
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GME has no where to go but to break out or break down. It could happen as early as tomorrow. So far the setup is bullish unless it fails. If it breaks out, this will squeeze to about $78-$80 very quickly with $190 still probable.

Komentarz
If it breaks down, it can get back to $9.
Chart PatternsTechnical Indicators

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