November 18, 2024
GameStop ($GME) is beginning to show promising signs above its key moving averages—both the 200-day and 50-day—which often signal strong bullish potential. Since late October, $GME has climbed steadily, nearing previous resistance around $24.80 with potential to rally further. Anchored volume-weighted average prices (VWAP) and Fibonacci retracement levels align around $27 to $29, suggesting these areas could act as key resistance points as well as a short-term price magnet. We're eyeing a potential 20% move that might peak near $30. Watch the full video to see why $GME could be primed for a breakout.
