GME 1h Bull Flag and Indicators Strong Buy
Just a small update on GME. My indicator built on Ichimoku flagged a strong buy (SB) and super strong buy (SSB) on the 1h timeframe yesterday morning, indicating bullish momentum. Yesterday's price action was in my opinion due to the hard resistance at $29.83 and kind of expected.
On top of my Ichimoku Trend indicator daily lagging EMA indicators show pretty strong support at around $27.80 and a (pretty clean) bull flag has shown itself yesterday on the 1h timeframe as well, bottoming at around $27.50/60.
I'd expect GME to potentially test the lows of this bull flag, but price action should be positive today/monday and test again the very hard resistance at $29.83.
On top of my Ichimoku Trend indicator daily lagging EMA indicators show pretty strong support at around $27.80 and a (pretty clean) bull flag has shown itself yesterday on the 1h timeframe as well, bottoming at around $27.50/60.
I'd expect GME to potentially test the lows of this bull flag, but price action should be positive today/monday and test again the very hard resistance at $29.83.
Trade ativo
Short term target achieved, structure was correct. Thanks for watching.
More upside to come.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.