I am looking at GME long. This stock is a very “fib friendly stock.” Look at the fibs from the IPO back in 2003. The first chart is a 2 year and the second is the all time chart from 2003. The last chart is the 3 month chart.
I will be looking to enter this on a breakout above $28 (the chart should say $28, not $27) with a stop at $26.30. My ultimate price target is $38 but I would be looking to take some money off the table if it hit the next fib at $33.