GameStop
Long
Zaktualizowano

My 4H $GME Chart Showing Key Levels

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This is being posted in addition to my weekly chart so its easier to see. Original weekly chart can be found in "related ideas" underneath this description.

Expect the next 2 weeks to be extremely volatile due to several upcoming events:

Earnings Release: June 11th
Annual General Meeting: June 13th
Contract Expiry: Over 140,000 call contracts expiring on June 21st

Price Prediction

Short-term Decline: The price may fall further to between $25.25 and $23.07 to fill the gap created on June 3rd, represented by the blue demand zone.

Upside Potential: Following this, I expect a price run-up past $67.50 and $80 due to the exhaustion of selling orders over the past 4 weeks. Watch for a test of the all-time high (ATH) of $127.01.

Cheers!

Uwaga
Price has hit $24 and is between the FTG of $25.25 and $23.07.

If anyone is buying in, now is a good time!

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