GameStop's New Outlook - News Summed Up

GameStop's New Outlook


There are three components to examine for the answer to that question: Fundamental expectations, valuation criteria and stock trading possibilities. GameStop benefits from stock market's current valuation criteria. When a stock is supported by non-classic valuation criteria, stock trading assumes a more important role. When a technical picture (stock chart) has familiar elements, investors are more willing to buy and hold. GameStop monthly stock chart from 2007 (logarithmic scale) John Tobey (StockCharts.com)GameStop daily stock chart from July 2020 (logarithmic scale) John Tobey (StockCharts.com)GameStop 30-minute interval stock chart from January 22 to February 5 John Tobey (StockCharts.com)GameStop 1-minute interval stock chart for wildest day - January 28 (logarithmic scale) John Tobey (StockCharts.com)The bottom lineGameStop has the potential of becoming a reconstructed growth stock.


Source: Forbes February 21, 2021 01:18 UTC



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