Technically Speaking Currently, price is trading near the 2015 low prints around 25ish. For now, the main levels to watch are the 25 level on the downside and the pivot area noted on the chart. As noted on the chart, if I were long or looking to get long, my get out price would be under 20.00 Fundamentals Summary of GameStop's business. Here is a good ...
Shares of GameStop Corp fell 10.6% Friday after the specialty gaming retailer announced weaker-than-expected fiscal second-quarter 2016 results. I'm expecting more downside, possible targets on chart.
Gamestop testing double bottom weekly pattern. Earnings surprise could complete pattern. Momentum building.
Fundamentally this company is looking quite grim. As an avid gamer, i know (as do most) the future is digital downloads. There is no reason for a company like this to be the "middle man". As much as I like owning a physical copy of the games, I'm a minority. Most people are lazy and want gaming on demand. Its like vinyl records. Gamestop is quite reminiscent of...