GME - Daily Chart - Long Scenario

6 juin 2021

Two possible scenarios that if they should occur i plan to take long positions.

Scenario 1 - Orange arrow
Price moves against Support level (lowest blue line)

Scenario 2 - Blue arrow
Price moves against center Support level (middle blue line). Moves under it and reclaims it.

Targets are the next big Resistance levels.

Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.

Thanks for reading!
trader_se

21 juin 2021

Note

Looking good - lets see how long it takes to reach the blue line

15 juil. 2021

Note

Price getting closer to first interesting area (blue line)

9 août 2021

Transaction en cours

Blue Scenario

- Price went under blue S/R level and reclaimed it

26 août 2021

Trade fermée manuellement

Target not reached yet, though personally dont like the PA here. WIll close later the position with around 30% made

26 août 2021

Note

Final result: +36.81% profit