GME Stock Price Dropped from its 20-day EMA Earlier this Week

GME Stock Price Dropped from its 20-day EMA Earlier this Week

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GME stock price declined from its 20-day moving average sliding its price below $18.00.
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Earlier this month, GameStop reported its Q2 2023 result, after which the stock mostly experienced bears’ activity.
GameStop (GME) stock price has followed a bearish trend for the last month that dropped its price over 5%. In the last 1 month, the stock price traded between $16.36 to $19.23. Notably, the 52-week low of the stock was at $15.41, whereas the 52-week high was $34.99. It can be said if bears continue their dominance in the upcoming sessions then GME share may reach near its 52-week low.
Downward Slide Followed by GME Stock
In the most recent trading session on September 19, 2023, GME stock price traded in between $17.64 to $17.13, whereas the noted closing was at $17.52. However, it showed a 0.17% price decline in a day, which continued the previous bearish trend followed by the stock. Notably, last week GME stock was trading near its 20-day moving a

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