GME Gamestop broke out of it's falling wedge after 3 years of a downtrend from an all time high of $120 - Weekly Timeframe.At the breakout of this falling wedge, #GME distorted it's downtrend to start an uptrend!
Currently! Prices have retraced to supports around 24.
To maintain this uptrend, price action has to remain supported btw $18 - $24 Else next support around 10 could be retested.
Maintaining key support around $24 will allow for much higher prices in the future.
GME Up resistances: 39, 58, 79, 99, 120
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.