Possible Bullish Breakout. Or Not?

follow the links in my message threads to find more analysis on popular tickers. you can find AMC, OXY, TSLA, CRUDE OIL, and many more. directly below is a link for natural gas futures.

and the chart directly below there are weekly candle sticks. and you can see how since last December there is a sustained downtrend. there is a much longer downtrend if you zoom out on a longer time frame. but this is the only downtrend we need to worry about at the moment. notice how the price is currently right underneath that long-term downward trending resistance I've highlighted by the light Blue line. this is a strong resistance level and we can expect some volatility around this level. possibly a breakout or some whipsaw action or a rejection. but there should be increased volume associated with this zone.

with a little closer look on the daily candles as you can see below, GameStop's prices been trapped within a very tight horizontal range. the resistance of this range is corresponding with the much longer term down trending resistance that I mentioned in the chart above. this makes it a little bit of a stronger resistance zone. so it is especially important to watch this area next week.

risk to reward for a short-term trade tells me that I might want to short it at these resistance levels. in the chart below you can see how the price has had trouble staying above the 142.30 levels for the past few days at the end of the week last week. we have to get above this very short-term level before any action can happen next week to the upside.