Key Takeaways
- GameStop shares will likely remain in the spotlight on Monday ahead of the video game retailer’s eagerly anticipated earnings report on Tuesday and recent meme-driven trading activity.
- The stock’s price formed a bullish engulfing pattern following a minor pullback on above average-trading volume.
- Investors should watch key overhead price areas on GameStop’s chart around $31 and $40.50, while also monitoring important support levels near $23 and $19.50.
GameStop (GME) shares will likely remain in the spotlight on Monday ahead of the video game retailer’s eagerly anticipated earnings report due after the bell on Tuesday, especially following a post from social media influencer “Roaring Kitty” Keith Gill that sent…
