GMe has been in a range. Flat support landing around 113, and heavy resistance up towards $145.77. So far we have been ripping but definitely keep an eye on this resistance because it is going to be a monster resistance for it. There have been a few weeks that even go up to about 147, so it’s very volatile for sure. Personally I am looking for a rejection up in that range but it’s very tough to see exactly where because it’s a range from 145 to 1:47. If you got the guts this could be a great shorting opportunity in any of this box appear with stops somewhere above 149 148 depending on your risk. It’s just what I’m looking at I don’t believe it’s going to break to the upside out of this range but if it does, then I would be targeting 161 70 As the first resistance point and if we did clear that as high as170. I am not a GME bull but it has been showing strong signs so be very careful But maybe start averaging in up towards 147 on shorts
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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.