meszaros

GME before another 174% increase.

Long
NYSE:GME   GameStop
GME before another 174% increase. One of the most frequently mentioned stock shares of recent times is GAMESTOP Corporation. Its amazing soaring has caused difficulties for several mutual funds. For those who expected a greater decline after the rise. Currently, the fair value of GME shares is 335.19usd. This means that no major correction can still be assumed .... in fact. It can be seen from the analysis that a regular fractal orbit is being built. Currently, an accumulation phase is under construction (it is no coincidence that it is exactly around the 335.19usd fair value). My analysis assumes that the accumulation phase will be completed in the first half of next week. A repeated ascending wave sequence can then be generated, as shown in the figure. A target price of 172%, 792usd, may be higher than the current level. Therefore, it seems logical to look for a long entry from the current level.

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