GME I expect a test of the 50 or 100 day EMA

٣ مايو ٢٠٢١

Today we seem to be printing a large red candle which recently has led to dip-buying opportunities. GME has generally respected the 50-day EMA, rallying significantly off of short-term dips below it and I would expect that level (~155ish) to be tested and show support if today's red candle is confirmed. February was the last time that the 50 day EMA was broken and that led to the stock touching the 100 day EMA before rallying almost 10x! Whether that will happen again is anyone's guess, but this is certainly a stock to watch.
*My opinions only*