GameStop shares soar more than 100% “Meme Stocks” in Play 2-25-21

GameStop shares soar more than 100% “Meme Stocks” in Play 2-25-21

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Trading Game Plan: 2-25-21

GameStop shares soar more than 100% "Meme Stocks" in Play

Shares of GameStop surged more than 100% on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up.

Shares were halted with less than 30 minutes left in the trading day and the stock ended the day up 103.9%. Shares of GameStop rose another 83% in after hours trading on Wednesday.
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So... the madness resurfaces. I give some insights into trading this stock today.

After another slow start to the day the stock market found buyers and they never stepped off the gas.

Energy stocks and "get out of the house" stocks continued to trade higher. Airlines, cruise lines and hotels are discussed in today's video.

Our alerts in V and MA discussed yesterday gave solid entries so we're looking for a few more days of buying.

UPWK had great earnings and a bullish gap that spent most of the day filling. So today I'm game planning for buyers to come back.

Two new stocks hit the list today include MOS and CF/ Both still near the optimal entry point and worth considering for a new swing trade.

In total we discuss seventeen trade ideas for today.

Have a great day.
Pete

Pete Renzulli
 

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