Looking at her descending triangle (monthly mainly), I see a compresion of the price until September 2026. My guess, and looking at Spx, I think we are going to see a blow off top of the market and GameStop is going to struggle one more year.
Probably when Sp500 touches 7000 pips is going to be the top of the market and when this happens GameStop will explode. Something similar to BMW in 2008 could happen in one year time.
Recession is coming. Everyone knows that, but nobody knows when. I am just focusing on this descending triangle and GME monthly RSI. I think that is the key.
Probably when Sp500 touches 7000 pips is going to be the top of the market and when this happens GameStop will explode. Something similar to BMW in 2008 could happen in one year time.
Recession is coming. Everyone knows that, but nobody knows when. I am just focusing on this descending triangle and GME monthly RSI. I think that is the key.
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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.