GME brokeout of the downward parallel channel on 28th Nov at 13.53.
After running high to 17.52 it has retraced and showing a bull flag on daily.
Closing the gap at 13.63 might launch the next bull run to 18.02 and then to 19.40 where it has major 200 DMA resistance.
Entry:13.63-13.89
Target: 18.02-19.40
Support: 12.61-11.88
After running high to 17.52 it has retraced and showing a bull flag on daily.
Closing the gap at 13.63 might launch the next bull run to 18.02 and then to 19.40 where it has major 200 DMA resistance.
Entry:13.63-13.89
Target: 18.02-19.40
Support: 12.61-11.88
Note
Entry at 14.24
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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.