Gamestop Corporations stock price (GME) rose in the intraday levels, amid the dominance of the upward trend in the intraday levels and the short term, while trading above the 50-day SMA and with positive signals from the RSI after reaching oversold levels, hinting at positive divergence.
Therefore we expect more gains for the stock, targeting the first resistance of $27.65, provided it settles above $18.50.
Forecast today: Bullish