GME is hovering around the 155-165 area.
Im looking to see if it is in a rising channel or if it will fall to the lower support level from the initial major pump up spike back in January and February.
If it falls to this support line, look for 130s price area. Most likely it will push off of this level and make its way back to the 150s price area. Thats a good temporary long. 225-245 is likely target area once it finds a good foundation to push off of.
Im looking to see if it is in a rising channel or if it will fall to the lower support level from the initial major pump up spike back in January and February.
If it falls to this support line, look for 130s price area. Most likely it will push off of this level and make its way back to the 150s price area. Thats a good temporary long. 225-245 is likely target area once it finds a good foundation to push off of.
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Great Target hit. 100%%%%