Since a rejection of $31 GME fell very far down back to the $27 area
I was long at 28.80 and it caught me off guard and stopped me out. However, I am looking back at it again right now, as it’s really really tight in this consolidation, although it’s a bearish move into it, which can be potentially a sign that it could go lower, could also be on several long-term support looking through ping-pong in between the upper resistance in this lower support, which could bring us back to test that 31 area again.
Entry 27.10.
Stop loss break of 26.20
Confirmed hold above 28 could also be entry. Target 30.80$
I was long at 28.80 and it caught me off guard and stopped me out. However, I am looking back at it again right now, as it’s really really tight in this consolidation, although it’s a bearish move into it, which can be potentially a sign that it could go lower, could also be on several long-term support looking through ping-pong in between the upper resistance in this lower support, which could bring us back to test that 31 area again.
Entry 27.10.
Stop loss break of 26.20
Confirmed hold above 28 could also be entry. Target 30.80$
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