This Monthly chart shows Fib levels based on the High of 180.17 and the low of 128.09. Fib traders like to swing between the .382 and the .618. GME has been swinging meeting support and resistance of those levels. Once GME breaks 158.15 on the daily candle there will be strong possibility of a run up. GME does not stay below 145 for long. Good buying opportunity now. Be wary if GME breaks 140 and heads to 137. Personally, I would wait until the FED drops documents on 1/05. 1/07 will possibly be a wild ride in the market possibly due to the FED dropping info on assets and liabilities in commercial banks.
Not Financial Advice.
Not Financial Advice.
