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Watch These GameStop Price Levels After ‘Roaring Kitty’ Post Ahead Of Earnings Report [Video]

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Social Media Analytics

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 the stock soaring last week.

On Friday, investment firm Wedbush reiterated its “underperform” rating and $10 price target on GameStop shares, noting the brick-and-mortar company’s planned return to growth faces insurmountable barriers amid a shift to digital commerce and games streaming.

Shares in GameStop have surged more than 65% since the start of the year through Friday’s close, with most of those gains coming in May and June after Gill posted several times about the retailer for the first time since a pandemic-era meme trading frenzy gripped the stock in late 2020 and early 2021.

Below, we break down the technicalson GameStop’s chart and identify several …

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