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Game Stop GME Stock Technical Analysis - Ryan Cohen turning the ship around
GameStop stock has been on a run since January 13th. Ryan Cohen from Chewy the pet food retailer has been investing in GameStop and now him and 2 friends of his from Chewy are on the board of directors which has made people optimistic he can make GameStop as successful as Chewy. People are also talking about how there was a short squeeze and all the shorts are getting liquidated. Those are the best and craziest pumps lol Let me know what you guys think of Game Stop long term and if you are planning on trading or investing in GameStop. Lets see if this triangle pattern breaks to the upside. Im targetting a 50% pump if there is a break out with volume but who knows the RSI is oversold but still pointing up.
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Disclaimer: Please be careful when trading this channel is just my opinion of what the charts look like and what I see. This is to be used ALONG side your technical analysis and to give you things think about that you might of missed. You have to make your own decisions so be careful this is risky business.
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