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GameStop s Stock Is Nearing Resistance In A Pennant Pattern

GameStop s Stock Is Nearing Resistance In A Pennant Pattern Gamestop Corp. (NYSE:GME) shares are rallying Wednesday as traders try to squeeze the stock higher. Late Tuesday, a GameStop website went live saying the company was going to make a new non-fungible-token (NFT) platform over the Ethereum (CRYPTO:ETH) blockchain platform. This platform seemingly confirms speculations from April that the company may be venturing into the world of NFT’s and cryptocurrency. Other notable Reddit stocks with increased trading volume today include  BlackBerry LTD (NYSE:BB), AMC Entertainment Holdings Inc. (NYSE:AMC), and Koss Corp (NASDAQ:KOSS). GameStop looks to be forming into what technical traders may call a pennant pattern.

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