VaultTrading

GME - Nice Support for Squeeze Continuation

Largo
NYSE:GME   GameStop
After this bearish run in the market, we find ourselves battling support on GME 4 hr chart

This morning, we were able to climb back over the support at 139.18
This is a good buying point suggested by the volume profile.. The plan is to hold shares until we hit our short term target (160.70) or hit stop loss (135.31)

Interesting to see how this plays out, as it seems we have dropped out of the ascending triangle a little, approaching dangerous zones. Only time will tell if we are able to get GME back up to key levels

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