120 is support

catandbull
2021-07-22

assumption is as long as the stock holds $130, there is more upside room for the stock and, if $130 fails in the near-term, there is still the $120 support level that implies an eventual move up to $150. A failure for the stock to get below these levels as the company implements its recently announced accelerated share repurchase program, is likely to force short covering, to push the stock closer to $150 sooner rather than later. $GameStop(GME)$

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