Depiction of GameStop stock rise enticement gettyGameStop’s GME 150% stock price rise last week is a "gotcha" jump. GameStop (GME) lacks the fundamental support to break through the $150 upside barrier in earnest. GameStop (GME) stock chart - Jan. 22 to Feb. 26, 30-minute increments John Tobey (StockCharts.comBut GameStop was a standout in the stock market's weaknessWhile a stock's sudden strength in a dull stock market can be a positive sign, GameStop is in a different camp, having sold off significantly while the market was climbing. They also discuss how a new stock price foundation needs to form before long-term investors will be willing to buy and hold. The bottom line: GameStop stock is a possible holding - for laterThe best stock investing strategy now is to focus on fundamentally-driven growth stocks.

Source: Forbes February 27, 2021 19:52 UTC