The77CycleTrader

GME long position in the short term

לונג
The77CycleTrader מעודכן   
NYSE:GME   GameStop
I believe for the next month or so, GME has the ability to get to my TP at $242.05. My entry however will be based on:

1. if price closes above the yellow trend line in the near future and,
2. if my my red horizontal line is broken on RSI

If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $191.18


Happy trading!
הערה:
GME had a good day and we are about $13 from our target. My only concern is earnings, let's see what happens on Monday.
הערה:
Target was met this morning. My trade is closed.

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