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r/electronics
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A subreddit dedicated to component-level ELECTRONIC engineering: news, articles, general industry discussions, completed electronic projects (show and tell). NOTE: *QUESTIONS* about components, circuits (design and repair) and tools, theory etc. should be posted in /r/AskElectronics .
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•Posted by2 months ago
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•Posted by5 months ago
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•Posted by5 months ago
https://i.redd.it/efhzinbbrsb91.png
Investor's Business Daily and Glenn Larkin came out with this piece yesterday looking at the RS (Relative Strength) rating for $GME, up to a new percentile.
According to IBD, a rating over 80 indicates beginning a large run. The RS rating is unique to IBD and while it might be based on performance-driven data there are certain editorial components to how it is reported, so take that for what you will.
Most notable in the report was this gem, " The company earns the No. 2 rank among its peers in the Retail-Consumer Electronics industry group."
Consider that for anyone saying that Gamestop is a dying brick + mortar concept. I'd also wager that none of this considers the newly-announced NFT marketplace or the planned entry into a digital/tech focused entertainment division, this rating increase and performance is likely just on the strength of the retail segment of the company.
Source: https://www.investors.com/research/gamestop-corp-gets-technical-rating-upgrade-2/
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