Buy or Sell GameStop on Earnings? Here's the Level It Must Hold

The Street2021-06-11

GameStop is falling on earnings but it's got one notable support level to hold. Let's look at the charts to plot the roadmap. The volatility in GameStop (GME) -Get Report remains high, with shares ...

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Comments

Xinhui26
2021-06-12
Xinhui26
Stop the meme
gupzbajaj
2021-06-12
gupzbajaj
Whats the highest this will reach in 3 months ?
pinkadotted
2021-06-12
pinkadotted
hold!
Hcee
2021-06-11
Hcee
Ape buy more
WtfLime
2021-06-11
WtfLime
Like and comment
- RAY6377:
  HODL
Squ00
2021-06-11
Squ00
Comment

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Here's the Level It Must Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/gamestop-gme-stock-earnings-meme-stocks-trading><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop is falling on earnings but it's got one notable support level to hold. Let's look at the charts to plot the roadmap.\n\nThe volatility in GameStop (GME) -Get Report remains high, with shares ...</p>\n\n<a href=\"https://www.thestreet.com/investing/gamestop-gme-stock-earnings-meme-stocks-trading\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.thestreet.com/investing/gamestop-gme-stock-earnings-meme-stocks-trading","article_id":"1193032104","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193032104","pubTimestamp":1623411332,"columns":[],"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"GameStop is falling on earnings but it's got one notable support level to hold. 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One could argue that the crown belongs to AMC Entertainment (AMC) -Get Report, while awhole host of new stockshas been thrown into the mix.\nGameStop stock has been jumping around a lot lately, but apparently the quarterly report isn’t doing much to spark a squeeze higher.\nThe company reported a loss for the quarter,while a looming Securities and Exchange Commission probehas investors opting for a conservative stance rather than an aggressive one.\nWhat do the charts look like after the post-earnings fade? Let’s look.\nTrading GameStop\nIn late May and early June, GameStop stock traded up to the $280 to $300 zone. That was after a breakout over the $210 to $215 area.\nHowever, this zone continued to act as resistance, just as it did back in March. While GameStop was able to break out over $300, it didn’t do so in a convincing fashion.\nBy that, I mean its rallies into the mid-$350s were unable to last throughout either Tuesday or Wednesday’s trading sessions. 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It’s the emotional baggage that comes with trading such a volatile stock with wide ranges. In that sense, this stock certainly is not for everyone.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":186248152,"gmtCreate":1623505144476,"gmtModify":1704205249123,"author":{"id":"3571889071082304","authorId":"3571889071082304","name":"Xinhui26","avatar":"https://static.tigerbbs.com/7d378e59c1b2c8c921dce45b1c71df11","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571889071082304","authorIdStr":"3571889071082304"},"htmlText":"Stop the meme&nbsp;","listText":"Stop the meme&nbsp;","text":"Stop the meme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186248152","repostId":1193032104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188642068,"gmtCreate":1623436377354,"gmtModify":1704203753600,"author":{"id":"3582203097187155","authorId":"3582203097187155","name":"gupzbajaj","avatar":"https://static.tigerbbs.com/b0441cdcbc87c9f271dee51139b52dff","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3582203097187155","authorIdStr":"3582203097187155"},"htmlText":"Whats the highest this will reach in 3 months ?","listText":"Whats the highest this will reach in 3 months ?","text":"Whats the highest this will reach in 3 months ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188642068","repostId":1193032104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188619299,"gmtCreate":1623431645411,"gmtModify":1704203680897,"author":{"id":"3575156621816094","authorId":"3575156621816094","name":"pinkadotted","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575156621816094","authorIdStr":"3575156621816094"},"htmlText":"hold!","listText":"hold!","text":"hold!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188619299","repostId":1193032104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188130916,"gmtCreate":1623423540735,"gmtModify":1704203392698,"author":{"id":"3582091436806594","authorId":"3582091436806594","name":"Hcee","avatar":"https://static.tigerbbs.com/25691c3778284b9d2886651b3876e2a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582091436806594","authorIdStr":"3582091436806594"},"htmlText":"Ape 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