$ESPORTS ENTERTAINMENT GRP(GMB-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$ESPORTS ENTERTAINMENT GRP(GMBL)$

The Esports Entertainment Group, Inc. stock price fell by -4.17% on the last day (Tuesday, 12th Mar 2024) from $0.96 to $0.92. During the last trading day the stock fluctuated 12.36% from a day low at $0.87 to a day high of $0.98. The price has fallen in 6 of the last 10 days and is down by -15.6% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 6 thousand shares were bought and sold for approximately $5.38 thousand.

The stock has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.631, a level that may pose a second chance to hit a runner. According to fan-theory $2.28 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Alex Chui
03-13
Alex Chui
hi, good day to you. how did you share this?
CrystalRose
03-13
CrystalRose
I bet even the stock got dizzy from all that fluctuation.

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This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.","image":"https://community-static.tradeup.com/news/14c89d9656aedb9a4698e7996c575947"}],"images":[{"img":"https://community-static.tradeup.com/news/63a70e06a59f0de340dd087c9b129f2b","width":"618","height":"1066"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/63a70e06a59f0de340dd087c9b129f2b","width":"618","height":"1066"}],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/GMBL\">$ESPORTS ENTERTAINMENT GRP(GMBL)$&nbsp;</a></p>\n<p>The Esports Entertainment Group, Inc. stock price fell by -4.17% on the last day (Tuesday, 12th Mar 2024) from $0.96 to $0.92. During the last trading day the stock fluctuated 12.36% from a day low at $0.87 to a day high of $0.98. The price has fallen in 6 of the last 10 days and is down by -15.6% for this period. 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On the last day, the trading volume fell by -2 thousand shares and in total, 6 thousand shares were bought and sold for approximately $5.38 thousand.</p>\n<p>The stock has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.631, a level that may pose a second chance to hit a runner. According to fan-theory $2.28 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.</p>\n<img src=\"https://community-static.tradeup.com/news/63a70e06a59f0de340dd087c9b129f2b\" tg-width=\"618\" tg-height=\"1066\"></body></html>","text":"$ESPORTS ENTERTAINMENT GRP(GMBL)$ The Esports Entertainment Group, Inc. stock price fell by -4.17% on the last day (Tuesday, 12th Mar 2024) from $0.96 to $0.92. During the last trading day the stock fluctuated 12.36% from a day low at $0.87 to a day high of $0.98. The price has fallen in 6 of the last 10 days and is down by -15.6% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 6 thousand shares were bought and sold for approximately $5.38 thousand. 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