GameStop continues its recent breakout, levels to watch The shares have broken out for a second session following a strong day on Friday that saw shares rally above the 10-day moving average. Next resistance is at $25.87, a recent pivot high. Support is at $24.69, the prior session closing price.
News For GME From The Last 14 Days
Check below for free stories on GME the last two weeks.
GameStop estimates lowered on holiday discounts at BofA/Merrill BofA/Merrill lowered its Q4 estimates for GameStop citing a greater than expected holiday promotional environment. The firm cut its price target for shares to $59 from $69 but keeps a Buy rating on the name.