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Benzinga

Business

Melanie Schaffer

GameStop Surges Higher On Recognition Of This Bullish Pattern: Here's What To Watch

GameStop GameStop Corp NYSE

GameStop Corp. (NYSE:GME) was spiking up more than 8% on Tuesday, in tandem with the S&P 500, which gapped up and continued to surge about 2.8% intraday.

The gaming retailer looked set to bounce regardless of the bullish price action in the general market because GameStop formed a triple bottom pattern on the daily chart.

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