meszaros

GME before another 174% increase.

Long
NYSE:GME   GAMESTOP CORPORATION
GME before another 174% increase. One of the most frequently mentioned stock shares of recent times is GAMESTOP Corporation. Its amazing soaring has caused difficulties for several mutual funds. For those who expected a greater decline after the rise. Currently, the fair value of GME shares is 335.19usd. This means that no major correction can still be assumed .... in fact. It can be seen from the analysis that a regular fractal orbit is being built. Currently, an accumulation phase is under construction (it is no coincidence that it is exactly around the 335.19usd fair value). My analysis assumes that the accumulation phase will be completed in the first half of next week. A repeated ascending wave sequence can then be generated, as shown in the figure. A target price of 172%, 792usd, may be higher than the current level. Therefore, it seems logical to look for a long entry from the current level.

Comments

Have you put real money behind any conviction you may have about the projection made?
+4 Reply
meszaros Captain_Walker
@Captain_Walker, Yes I have a Gamestop share.
+1 Reply
@meszaros, Long or short? What was your entry position?
Reply
meszaros Captain_Walker
@Captain_Walker, I bought shares at 280.13usd.
Reply
@meszaros, Well, no point selling now, cuz the dead cat bounce shall come. 😂🤣
Reply
Lol... how can you apply technical analysis to a bubble?
+3 Reply
meszaros vikart123
@vikart123, I have been studying penny stock exchanges for 15 years. Pump-and dump movements like this, say "bubbles" are very common. The stock market world is transforming. I can only suggest that you study its causes and take advantage of its opportunities.
+1 Reply
Don't you think caution should be taken when applying technical analysis to this flash bubble?
+3 Reply
Fair value of $335! Laughable.
Reply
meszaros emperororsimer
@emperororsimer, Exactly.
+1 Reply
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