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Crossed Above 50 Day Moving Average appears for GME after 0.8% move
GME posted a 0.8% gain on Thursday, July 2nd, accompanied by 0.6× normal trading volume. Mixed technical signals appeared with Crossed Above 50 DMA and Pocket Pivot suggesting upside potential, while 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 22.58, 22.34 & 22.08, with resistance at 23.08, 23.34 & 23.58. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of GME: C
This might just be the start. See what else showed up for GME today.
Read full article here »