May 23, 2018
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US Stock Analysis
Gamestop Corporation and MACD
See chart, picture worth a thousand words.
GME Gamestop Corporation and Moving Average and Bollinger Bands
See chart for more, picture worth a thousand words.
Price Action and Moving Averages:
GME, Gamestop Corporation has closed below its 20 period moving average.
Short Term moving average is currently below Mid Term, and below Long Term moving average.
The relationship between price and moving averages is bearish in short-term, and bearish in mid-long term.
Bollinger Bands:
GME has closed below the lower band of Bollinger Bands.
Bollinger Bands are narrower than normal.
The current width of the bands alone does not suggest anything conclusive about the future volatility or movement of prices.
Trade with your eyes open.
See chart for more. Manage your risk.
Moses Stock Analysis
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