GratefulGains

GME FIB levels and RSI

Long
GratefulGains Updated   
NYSE:GME   GameStop
DAILY: GME hit oversold on RSI March 28 from the run up starting March 18. looking for a pull back here.

If you play fibs or pay attention to fib levels the 1.61 is a possibility of a High and a break out or rejection (can go up or down, ha). more general a rejection. So High for the run could be 353 (unlikely IMO as there has now been multiple rejections of 190-200 levels)

Please be weary of losing $163 support and heading to $140. I believe in the Fib Bro's swing trading methods. lookin at the .382, .5 and .618. We were heading for $163 (possibly lower) prior to the split announcement.

I am bullish, long on GME. People get upset at charting and then get upset at reading fundamentals. People should look more at making money. Buy and holding beats, timing the market; but, timing the market makes ya feel like a BOSS!

check out my january fib levels post.
Comment:
dropping below 163. lets see if it bounces up.
Comment:
headed to try and break 170.
Comment:
closed at 170. looking forward to what this week brings.
Comment:
New resistance at 159-160. Support 155-156. lets see which one breaks on test.
Comment:
155-156 has become resistance
Comment:
first 15 minutes of April 6, 2022:
Resistance at 153
support at 149.70

The spread between bid and ask at somepoints are over $1 this could be getting illiquid AF. We could see a drop followed by a spring up. be careful if you have a put leg today!
Comment:
looking like 140 might hit.
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