GameStop
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GME more upside potential

2393
**Not financial advice.** I have been wrong before. :)

GME has the potential to get to about $140 to $180. On the flipside, it could also absolutely tank if goes through these support areas.

The stock has reclaimed long term channel and is backtesting support. If it respects this channel, then $140-$180 is possible.

Catatan
GME keeps consolidating below 21 Day EMA and it is starting to be just a little concerning. Could just be the quarter end stuff. We'll soon find out. Need to get this over 21EMA for a bigger up move.

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Catatan
This could also be a possible symmetrical triangle to go higher...

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Catatan
GME might dump out to the lower support line at about $16, before a possible reversal to new all time highs.
Catatan
Another possible Bullish Setup brewing in GME

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Catatan
GME has no where to go but to break out or break down. It could happen as early as tomorrow. So far the setup is bullish unless it fails. If it breaks out, this will squeeze to about $78-$80 very quickly with $190 still probable.

Catatan
If it breaks down, it can get back to $9.

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