A few weeks ago we got a bearish engulfing on Gamestop that too back over two weeks worth of gains we also closed below significant bullish volume on the daily and now price seems to be stuck under the 0.786; I fully expect to see Gamestop make a significant down move from here especially as the initial hype for the new consoles die down.
Comment:
The chart above has the fib level adjusted to logscale here what it looks like in linear scale. We are below the 786 on the linear chart.
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