#GME 🔥 we need to hold this! still strong! $GME #gamestop

Published: Sep 03, 2024 Duration: 00:03:05 Category: Entertainment
Tags : GME Gme stock gamestop gme share gme news
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hey everyone welcome to my channel the stock analyst a quick video on tier simol gme you can see that the market was really red today since the pre-market it was coming down still gme was okay um at one point it was trying to move it went over 24.5 then came down even last night overnight trading it was around 245 area and I just alerted on my Discord saying that overnight trading it is looking hot but if the market is red then things normally come down so it makes sense but I will talk about gme video in this particular video I'm going to talk about the price action I just released another video on Holo we played bof as day trading today we played vuzi we played asst overall it's a good day some nice day trading gains on my Discord if you want to join use the link in the first comment go there sign up you can get access to my Discord so first of all gme okay so the volume was not that much even though it was having a rising volume but today the volume was less it's it could be the market was red okay nothing changed short interest 9.3% 10% not a big thing so let's look at the chart so for last few days as I told you it was on an uptrend and premarket it tried to break 24.15 area it rejected came down but just after the open it broke went over 24.7 it wanted to run even though the market was red it wanted to run but it gave up came down it tried again got rejected at the same blue line so acting like a strong resistance for now but the good thing is the support here which is 22.8 it is holding what happened it came down 22.8 and it just bounced from there um I want to scroll up I want to see something let's scroll up so if I look at GM my trade idea today you can see that the idea was if it dips 22.8 we will take it why we talked about 22.8 because it is a nice support so it came to 22.8 and it is trying to hold very important tomorrow can we hold 22.8 and run and break that 24.2 then it might go up if the market is green if volume is coming this thing can run on the other hand if we break this maybe the uptrend we were having for temporarily it might be gone we will see let's go back to 1 hour chart now let's look at the chart why this 22.8 so important because it was a support in this area then it became a resistance when a stock goes over a resistance and makes it as it as and makes it a support then it's a good thing so hopefully it will hold and go up so we will see tomorrow but just wanted to make this video to give you a quick update okay thanks for watching and if you want to join my trading Community use the Link in the first comment patreon.com go there sign up take care bye-bye

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