So the stock went PARABOLIC in the last weeks – starting with full ignition on the 13th of January. Stock needed to correct down which shows the motive wave is healthy and it is less likely to tumble down as we got a correction almost to the 50% line, so let's break it into targets : 1. Finish retracement at 31.50$ -the lowest we want to see the stock goes, below...
One of the largest theater chains in the world took a beating with their financials due to this pandemic. If you are optimistic and enjoy the cinemas, you could think that with vaccines and a possible healthier post-pandemic world, where everything goes back to normal... that AMC can recover. Which is certainly why I have this in my long term investing portfolio....
Interesting short squeeze on GME, and it could keep going. Up 90% in a single day that was something. I don't know what % float short number should start worrying bears, it depends, perhaps typically start paying attention above 10%, what is sure is that everyone mindlessly doing the same thing does not work out ever. 138% seriously? These guys are crazy. Asking...
Friends, as you already know, the GameStop Stock (GME) was recently picked up by the subreddit r/wallstreetbets. The theory and technicals, which led to our entry at ~$17, are explained in the previous idea i shared with you guys (linked below). The price respected the trendline (black) three times during this uptrend. We saw a retracement in the shape of a cup...
Please dont enter positions on this. Please. If you follow Gamestop, people have been pumping this for months, they've been loading calls and shares, and there is absolutely ZERO reason that this stock should be up 68% (at time of post) today on ZERO news. NONE. There is no catalysts except for new board members? You mean to tell me THAT causes a company...
Happy New year! Requested Breakdown on $GME going into the first week of January!
Video breakdown on $GME after earnings. Earnings call was terrible. Cup and handle is about to pour out...
Shout out to Shawn in my DC group! Sorry! Video breakdown on $GME going into earnings with a 25% implied moved
r/wallstreetbets recently picked up the GameStop Stock (GME). Why? Because we basically have free money sitting here. GameStop struggled with keeping up with the growing digital gaming market and the price plummeted. With a strong focus on E-commerce, a strong brand with over 55 million PowerUp members and a solid team (Source: r/wallstreetbets "GME FULL...
For the last few weeks, GME has been on both retail and institutional investors' minds, but for different reasons. Today, the pre-market price has broken through a very important resistance line, signaling a further increase in the stock's price. Institutional investors are overall net short on GameStop, rightfully so. In the age of digital distribution of...
Video breakdown on $GME
Requested all the way from Portugal ! VIDEO BREAKDOWN
I think Gamestop has a chance to run this week based off a few key factors. Looking at RSI, GME was extremely oversold this week. Based off recent history, when GME has been oversold, it has had a good runs of crossing the 20MA and used it as support. At the 9.39 price point, GME is grinding the lower half of the Bollinger Band, and could have opportunity to...
Gamestop seem to have entered into an accumulation tranding range. Green range looking like great buy range if that are gets revisited with secondary supply tests.
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