Earnings next week. Kitty head master tweeted.
Let's see what happens. Looks nice on the weekly but who knows if it has another move in it. Keeping an eye on volume.
If anything GME could see one last major move higher but that's based purely on gut feel and chart setup right now.
Could also dump, but $20 seems to be pretty sound support. The break of the major downtrend is pretty bullish after years of downwards chop.
GME/CHWY ratio. GME looks to be near the bottom of range could see another top towards high of range.
Let's see what happens. Looks nice on the weekly but who knows if it has another move in it. Keeping an eye on volume.
If anything GME could see one last major move higher but that's based purely on gut feel and chart setup right now.
Could also dump, but $20 seems to be pretty sound support. The break of the major downtrend is pretty bullish after years of downwards chop.
GME/CHWY ratio. GME looks to be near the bottom of range could see another top towards high of range.
Comment
Interesting. Honestly CHWY looks like a nice breakout it's getting legs.
Huge share issuance from GME after earnings puts a stab in this idea.
Strong opinions loosely held.
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.