The grandpa of stonks is getting interesting here. It's broken above the trendline, and it has retested it once. I am going to pull the trigger on averaging down my "underwater" position when we test the trendline again and stay above it for more than 2 days .
If you've been following GME with me, you bought at 12.5 and below last month. Sell target 1 was 16.9, we came close but lost a tiny bit on the first topside pump. We bought the dip around 14.02 and below, and we were looking for 18, 21, and 25 with small retracements in between. I'm not sure, but per indicators, it seems we might see the higher targets of 21...
GameStop ( NYSE:GME ), the once-famed video game retailer that captured the financial world's attention during the WallStreet Bets saga, has decided to shut down its NFT marketplace. After a year and a half of foraying into the crypto space, GameStop ( NYSE:GME ) cites persistent regulatory uncertainties as the primary reason for discontinuing its NFT platform...
I was just looking at both TSLA and GME on the hourly and low and behold, these charts are almost identical. Both inside falling wedges, and both with double bottoms. I'm unsure of the exact fundamentals on this one, but the charts do show that they are moving in unison. Keeping close eye on this.
Looking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more...
I have 7 variations of these showing the same spike for GME and many other names in the market whilst only 1 other chart (the one i typically use to detect runs) shows that this is going back to 11-12. imgur.com Based on the above screenshot being so nicely parabolic looking, i think we're looking at a price in the early or mid $20's for now. Will keep you...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Tracking a beautiful Cup & Handle on the 1 hr. Keep an eye on this one, looks like we are about to form the handle before the breakout.
Explore the "Sol Play" strategy tailored for the resistance zone between 104.45 and 114.12, with set targets at 130.89 (Target 1) and 198.79 (Target 2). Utilize the current diagonal channel, ranging from -7.76 to 23.27 at the bottom and 147.36 to 180.06 at the top, for a straightforward approach to market movements. Utilize charts for target points. Resistance...
Short Squeeze is unlikely to happen again NYSE:GME GameStop's Split Will Be a Stock Dividend Dividend stock split isn't likely to affect short sellers. While shorts would be required to pay a cash dividend if GameStop issued one, a stock dividend works pretty much the same for all investors regardless of whether you're short or long. The effect is to increase...
What a lovely market cycle for gamestop . since we have dipped inside the previous structure on a monthly look for the reversal coming up soon. Time to "I like this stock" again. Personal short term target is 40$+
GME brokeout of the downward parallel channel on 28th Nov at 13.53. After running high to 17.52 it has retraced and showing a bull flag on daily. Closing the gap at 13.63 might launch the next bull run to 18.02 and then to 19.40 where it has major 200 DMA resistance. Entry:13.63-13.89 Target: 18.02-19.40 Support: 12.61-11.88
If you haven`t sold GME before the previous earnings: Then analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week, I would consider purchasing the 15usd strike price at the money Calls with an expiration date of 2024-1-19, for a premium of approximately $2.63. If these options prove to be profitable prior to the...
Tracking 3 bullish trends on GME 15 MIN. a Bull Flag, Cup & Handle, and an Inverted Head and Shoulders. Lets see how this plays out. If we use the FIB EXT as a gauge we could see a bounce to 17.80 on the 15..
NYSE:GME Whoa! Havent looked at this chart in a while. I just drew the downtrend support line and flag pole today. The downward resistance line has been there for months now without me changing or modifying. Seems to be now breaking out of that channel. My 1st target would be long 22.00Calls. Then after wait for confirmation or yolo target 27 OTM calls. Hit me up...
Key Takeaway 1. Investors eagerly anticipate GameStop's Fiscal Q3 2024 earnings report scheduled for December 6th, following the recent stock movement. 2. Despite challenges, there's speculation that GameStop could report a profitable quarter, presenting a potential catalyst for its shares and contributing to a noteworthy turnaround. The Reversal Is...
Okay.. We all know who/what I am here, and if you don’t then you’re new and I welcome you. Let's imagine we're a financial entity, with: market making privileges in equity, and a large market share of order processing, meaning we could, potentially, internalize demand as liabilities (IOUs/FTDs) or let them pass through to the market. with access to all standard...
The world of cryptocurrency is witnessing an intense battle for a 100x return on investment, with Meme Coins leading the charge. While coins like Avalanche (AVAX) and Shiba Inu (SHIB) have been in the spotlight, there is a new contender that is turning heads and intriguing investors with its unique approach – GameStop Memes (GSM). Avalanche has experienced a...