I would go long over 142.5 or you can wait for the 147 break. BYND fails a lot so you have to be quicker to take profits. I would go short under 135.
AMC is sitting at strong support here near 1.80-2.20 range. Every time we have seen AMC this low, we have had epic bounces which resulted in 100-200% moves up. I think it is a great risk-reward opportunity down here. GME blew up recently, this would be another great short squeeze.
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...
Their numbers, as a company, are horrible, and I am a technical trader not a fundamental trader. So if I am noticing it then something is going on. I am ready. PUTS or SHORT, whatever your poison, its time to go. The short squeeze was fun but now $GME is entering into entirely overpriced and way overextended land. I'm going for PUTS starting Monday.
This recent move in GME has be extraordinary to say the least but what matters now is when to temporarily put the controller down and take a break. On a short term basis I am watching the regression channel from the past two days. While we remain in the channel the game is still on but below the channel means its time to rest your fingers
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!
NYSE:GME If you look at the historical option flow, from 12/10-12/12, two day after earnings missed, bearish sentiment started to decline. 12/11 option flows seem bearish but if you look at the put orders, it looks like the MMs are expecting a top of around 15 ish, bottom around 13 ish, and hedging with 8-9 ish. In the darkpool, from 12/09 - 12/11 GM had...
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
GME Showing Strength before earnings Solid green candle off support trend line. Volume showing strength for the buyers. MacD turning over. RSI potential break out.
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...