GameStop in action
Tuesday, November 20, 2007
( Yesterday close ) Chart courtesy of stockcharts

GameStop shares are today in focus after the world’s largest video game and entertainment software retailer reported record financial results for the third quarter. Over the last sessions, stock has been trading in a slightly decline after consolidate the gains of August and September rally. So, today news will make a significant difference in share price, whether stock breakout $55.95 or in the other hand if close below the major support at $52.50, so keep an eye on GME and take a look at these key levels of resistance and support. The overall picture still very Bullish for stock according to the technical chart above.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:15 AM | Permalink


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