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.
Dagangan aktif
Short term target achieved, structure was correct. Thanks for watching.
More upside to come.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.