After a recent correction, GameStop has shown a classic WXY corrective pattern. The stock hit a top near $28 before retracing to $25 (W wave), climbed to $28.50 (X wave), and then declined to $25.85 (Y wave). From this bottom, we foresee a strong bullish trend resuming, potentially driving GameStop’s stock to new highs. This setup aligns with a larger upward momentum, presenting an exciting opportunity for investors.
Vital Direction
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Read the full article on our website: vitaldirection.co.uk/analysis/
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Vital Direction
Read the full article on our website: vitaldirection.co.uk/analysis/
Join our FREE Telegram community (2k members): t.me/vitaldirectiongroup
Read the full article on our website: vitaldirection.co.uk/analysis/
Join our FREE Telegram community (2k members): t.me/vitaldirectiongroup
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.