GameStop Corp. (GME) is set to report their latest quarterly numbers after the close Wednesday. I have no special knowledge of what they will report and no insight into any message board guesses or strategy. However, the charts below are weak so I would be cautious.
In the daily Japanese candlestick chart of GME, below, we can see that the shares have been weakening (red or bearish candles) in recent sessions. The more sensitive 50-day moving average line has a flat or neutral slope.
The daily On-Balance-Volume (OBV) line shows weakness from early June telling us that sellers of GME have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but it has narrowed in recent days and could cross to the downside soon.