GME push to 200+ or back down to 120?
Heres the long term resistance trend line that GME seems to have been following.
If GME is able to break this downtrend, it can easily take this back to at least 200+ (first PT being the .382 fib which is about 206)
GME was able to bounce cleanly off of the daily demand zone and close over it which is bullish in itself.
Can it keep the momentum and push through the trend line? Ill be keeping my eye out for it tomorrow.
On a break of 174.09, I will be looking to take 4/23 190c with a PT of 206.23
If GME is able to break this downtrend, it can easily take this back to at least 200+ (first PT being the .382 fib which is about 206)
GME was able to bounce cleanly off of the daily demand zone and close over it which is bullish in itself.
Can it keep the momentum and push through the trend line? Ill be keeping my eye out for it tomorrow.
On a break of 174.09, I will be looking to take 4/23 190c with a PT of 206.23
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