GME finally !!!!!

So far, GameStop has actually been performing pretty decently over the last month. It has been consolidating in symmetrical triangle since it’s been back to this $22-$26 range. It finally broke out of that consolidation and broke above the 26.40 resistance.

After months of consolidation, it looks to me like we created an inverse head and shoulders pattern and have broken above the neck line and we’re currently confirming the neck line as support.

If we look at the retracement fibs from the recent bottom of this consolidation to the old all-time high, this will give us clear levels that will potentially act as resistance for GME on the way back up. The first resistance we can see will be the 34 Dollar area.

The measured move The inverse head and shoulders pattern, which is measured by the size of the head, gives us an overall target of43.25. I am positioning myself as of today Into GameStop, looking to target that 4325 area. As long as we remain above the neckline of the inverse head and shoulders, and we do not start closing daily candles below and opening candles below that neck line this trade will continue to be valid. Good luck everyone this is just what I am doing, join if you’d like but at your own risk!!