GameStop has a bullish doji on the daily, macd about to pinch soon, on the hourly there was a bullish hammer. My analysis on the reversal and the reasoning why I think so are the reasons I stated earlier. But another thing that caught my attention is the gap that it filled to the downside and then we close off today with a doji. Good sign! Also Ryan Cohen’s tweet today. Quite odd to be completely honest, odd in a good way. Only negative about this setup is volume ended lower today. Strong resistance at $200. Let’s take this to the moon and keep the actual company alive because I’m a gamer at heart and I’d miss this company, as I do miss blockbuster.
Ryan Cohen tweet link is down below
Cheers!
Ryan Cohen tweet link is down below
Cheers!