GME is looking super good today. Shorts increased their positions by another $25mil which is extremely bullish for GME in terms of making the price increase/run or whatever you want to call it. It looks like the run is happening after all. You need to however take the rest of the market in consideration before getting too happy. For the past few cycles, GME has...
My previous target of $19.40 ish is almost there. The biggest loading zone is here. My entire port is now on GME calls. No PT from here, i only know that $19.4 is an extreme support. If broken by a lot and for more than 1-2 days, god save us all.
Looking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
It's simple, just like my previous posts. This has nothing to do with earnings or fundamentals. It's purely a market mechanic trade. The delta from expiring/exercised/rolled monthly expiring options from the end of the month will always hit the market on the usually first Tuesday of the next month. Dec 6 is the date where lots delta will get settled due to last...
Looking at the GME GameStop options chain ahead of earnings , i would buy the $30 strike price Calls with 2023-1-20 expiration date for about $3.00 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
A breakout out of this Symmetrical triangle could drive GME back into the high 30s possibly 40s not to mention witching just around the corner.
Hello, Welcome back to another TA! First and foremost, I eat crayons every day, and none of this is financial or sexual advice. That being said, the MACD, although a lagging indicator tells us a bigger picture of what is to come. First, the further the signal line is below zero, the stronger the signal once the MACD line crosses from below to above the signal...
www.reddit.com Please refer to the reddit post for more info^^^^^ According to iborrowdesk.com There are only 300 shares available to be shorted and on top of that borrow fees have risen to 7.8%. You know what that means SHORT SQUEEZE
After a long few months of trading sideways, and a couple of fake outs, it looks as though GME is holding it's bullish breakout of the wedge that formed the last 3 months. Looking for a break of the $45-50 ish highs from earlier in the year and to settle in somewhere above that heading into the end of the year / early 2023. I suspect wall street does not want a...
Publishing this as a correction to my previous post about GME possibly running next week. I checked Friday's EOD data and things don't look terribly good. More here as i cannot post images to explain this fully on tradingview: www.reddit.com It makes my heart weak to tell you GME is not gonna do well this opex, but someone's gotta do it.
The 2022 November quarterly GME run is here. I'm looking at my indicators to see whether we're gonna have an Opex or Nopex. 2/4 of my indicators tell me that it's a coinflp between an OPEX and a Nopex. Sorry, i know this is not what you wanted to hear, but... 1) Indicator 1 - Swaps (Negative) Swaps on GME the other peripheral stocks like AMC/BBBY/XRT are...
Been playing around with Fib circles on GME and if you mirror it to the original run, it'll knock at previous highs then come back to retest the top of the channel. $80 by January then back to $30 range in spring-summer 2023. Then MOASS end of 2023-2024. Of course, it's a new tool I'm playing around with, but I personally will be considering selling at this...
We can see the Confirmation of a 15 min Double top this morning when looking at Gamestop. Also the Relative Strength Index is weighing heavily on the overbought side With the moving average convergence divergence also looking to cross downward. Possible small 2 to 3 dollar dip in the next coming day or days before it starts to make another run back up leading into...
Video breakdown of what looks like a short trade in GameStop... Time will always tell. Control risk 1% and 2:1 RR
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Here @SimplyShowMeTheMoney we strive to educate our traders on the...
Here's my GME chart. Election week has potential to explode. If you can, a nice buy zone is forming right under $26. I'd say the max upside is $64, but momentum could carry it higher. I'd still recommending exiting at $64 if it were to get that high (unlikely scenario) Realistically, $25 to $31 seems to be a nice trade window, with the potential to trade the...
The technical figure Triangle can be found in the daily chart in the Italian company Atlantia SpA (ATL.mi). Atlantia SpA (formerly Autostrade) is an Italian holding company active in the infrastructure sector, including motorways, airport infrastructure and transport services. The group manages 9,400 km (5,800 mi) of toll motorways, Fiumicino and Ciampino airports...
What we can see in the chart is a bearish pennant pattern. We are expecting that the formation will break to the downside as the trend overall remains bearish. Volume has been decreasing. The price is getting rejected from the resistance line. Entry price, stop loss and target are shown in the chart.