Gamestop's most recent trend suggests a bearish bias. One trading opportunity on Gamestop is a Bear Call Spread using a strike $40.50 short call and a strike $45.50 long call offers a potential 12.11% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.50 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $45.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gamestop is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Gamestop is bearish.
The RSI indicator is at 22.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Gamestop
The shorts are winning
Wed, 08 Oct 2014 19:39:00 GMT
Spring Mobile Doubles in Size This Year with Third Major Acquisition
Mon, 06 Oct 2014 13:30:00 GMT
Business Wire – Spring Mobile, the Utah-based retailer of AT&T wireless phones and a wholly owned subsidiary of GameStop Corporation, announced today the acquisition of 53 high-volume retail store locations from Product Center.
4 surprising strategies for scoring a holiday job
Fri, 03 Oct 2014 10:02:31 GMT
GameStop Enhances PowerUp Rewards® Loyalty Program – Offering Customers Even More Rewards for Shopping
Thu, 02 Oct 2014 13:41:00 GMT
Business Wire – GameStop, a family of specialty retail brands that makes customers’ favorite technologies affordable and simple, has announced a series of new loyalty incentives shoppers can take advantage of this upcoming holiday season through its PowerUp Rewards program.
GameStop Teams with AT&T to Accelerate Pace of Change within the Retail Industry
Tue, 30 Sep 2014 12:30:00 GMT
Business Wire – GameStop , a family of specialty retail brands that makes the most popular technologies affordable and simple, announced today that its GameStop Technology Institute (GT
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