GME long position in the short term
Mis à jour
I believe for the next month or so, GME has the ability to get to my TP at $242.05. My entry however will be based on:
1. if price closes above the yellow trend line in the near future and,
2. if my my red horizontal line is broken on RSI
If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $191.18
Happy trading!
1. if price closes above the yellow trend line in the near future and,
2. if my my red horizontal line is broken on RSI
If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $191.18
Happy trading!
Note
GME had a good day and we are about $13 from our target. My only concern is earnings, let's see what happens on Monday.Note
Target was met this morning. My trade is closed.
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