GameStop Corporation (NYSE:GME) was surging over 6% at one point on Tuesday as the stock continued trending higher in the uptrend that Benzinga called out on July 14.
On July 15, GameStop printed its next higher low within the pattern, which gave bullish traders who weren’t already in a position a solid entry point. A trader who recognized the higher low, when GameStop printed a hammer candlestick on that day, would be up about 10% from the July 15 closing price.
