Long GME @ 20.xx+ - Turnaround of business
Good place to buy. Broke out of channel and retested
- Expecting positive upcoming q1 earnings (Apr) with recent PS5 and Xbox console sales. Console release normally boost sales over a period of 1 year.
- Nintendo switch 2 maybe coming in 2021
- Overly shorted, way undervalued based on their cash and revenue, potential short squeeze candidate
- Sufficient cash with almost no risk of bankruptcy
- Turnaround of business model with potential takeover from Ryan Cohen
- Booming gaming sector with potential to associate with e-sports
- Good branding and existing customer base and memberships
- Gradual covid recovery boost to brick-and-mortar
Target 1: $32
Target 2: $47
Target 3 (Short Squeeze): TBD
- Expecting positive upcoming q1 earnings (Apr) with recent PS5 and Xbox console sales. Console release normally boost sales over a period of 1 year.
- Nintendo switch 2 maybe coming in 2021
- Overly shorted, way undervalued based on their cash and revenue, potential short squeeze candidate
- Sufficient cash with almost no risk of bankruptcy
- Turnaround of business model with potential takeover from Ryan Cohen
- Booming gaming sector with potential to associate with e-sports
- Good branding and existing customer base and memberships
- Gradual covid recovery boost to brick-and-mortar
Target 1: $32
Target 2: $47
Target 3 (Short Squeeze): TBD
Note
Remain bullish as long as it stays in the ascending channelNote
Target 1 reached: Take a small amount of profitsLooking very positive with strong news that will strengthen the company in the long run. Ryan Cohen + 2 for board of director and holiday sales. More squeeze to come through
Note
Expecting a huge week ahead. Current price $35.50.Note
Current price $370
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.