Chart Analysis: GME Still Looking Bullish

I’d put GME on your long watchlist. The stock has been pulling back lately, but a surge in volume today along with a finish off lows suggests that professionals are stepping in and buying up the stock. In addition, GME is nearing the trend support level that provides even more reason to believe that this stock will move higher.

While the market is attempting to rally, I would wait until we see a breakout and follow-through before going long on anything.

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Alex Stewart

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