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GME TA Finding the SMART Buy - Gamestop TA - Support and Resistance Technical Analysis 4-02-2024. GME has been in a falling wedge pattern since 2021, sometimes called a bullish falling wedge, although I think when a stock is coming down from a short squeeze over-valuation type run up we need to be careful using the word 'bullish'. I reserve that definition for when stocks are trading in a pattern based on some sort of normal valuation. Either way, there are still definable support and resistance levels we can identify in the Gamestock TA by identifying proper support and resistance levels and this is the method I have been successfully using to trade GME for the last couple years rather than long term hold as GME's price inevitabely declines to a price the market considers fair value based on future earnings. My basic strategy: buy at support, sell at resistance, then wait for a re-tracement to support, rinse and repeat. When the valuation of GME stock reaches a level the market likes, or on news of some strategic change in direction from Gamestop management I will entertain a new strategy. #TonyDenaro #GME #Gamestop 🦍Become a Channel Member! / tonydenaro 🧡 DISCORD! Talk, Share ideas and learn in an environment of traders who focus on filings, analysis and sharing proper fact based due diligence. / discord 🦎MarketChameleon Investment Analysis Tools: https://marketchameleon.com/?pap_aid=... 🐤TWITTER: / tony_denaro 💹 STOCKTWITS: https://stocktwits.com/TonyDenaro 📶 TWITCH backup livestream (add it now!): / tonydenaro 📰 REDDIT: / tonydenaro 💥Links for Content Creators:💥 1) Best free software for Collab videos - Restream: https://restream.io/join/TonyDenaro 2) Diversify where your content is published, sign up for Rumble: https://rumble.com/register/TonyDenaro/ 💥Links for Content Creators💥 Send Tony Denaro something: Tony Denaro 10900 Research Blvd Suite 160-C #196 Austin, TX 78759 DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. Tony Denaro is not a financial advisor. Discussion in this video is Tony's opinion (or opinion of his guests), and not specific investment or legal advice for you.. Always do your own due diligence. Read company SEC filed 8-K, 10-Q, 10-K filings, Financial Statements and the Risk Factors contained therein BEFORE INVESTING. Past performance is not indicative of future results. Content in this video is not personalized material for you, but rather general educational and informational material and opinion. All investments have inherent risk. YOU MAY LOSE MONEY. Seek a duly licensed professional for investment, tax or legal advice.