GME Gamestop is launching a marketplace for NFTs, reported the wall street journal. GameStop is also reportedly creating partnerships with two crypto companies to “share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects”. The stock bounced from a strong support and is heading to the...
First, you must fall, then you can rise. This old saying also holds true for the GME stock. We expect the price to drop to around $54.58 and then go on to reach new highs above $500. So, there is a lot of potential still with this stock. However, the current correction needs to fully unfold, before the potential can be realised. Any new year's resolution already?
Welcome to my in-depth and detailed analysis on Gamestop GME. This analysis was first published on 11/22/2021 at 12:35 by me Highrisk221. Date and time information is based on Berlin time zone. We look at Gamestop in the 1 hour chart As we can see in the chart, the price trend wärend the last high phase on 08.06.2021 at 17:00 put a correction phase which...
After this beautiful play from support to resistance: Now GME Gamestop formed an upside trend with a price target in my opinion of $260 Looking forward to read your opinion about it.
Just a follow up to November's outlook. It is interesting to see the price playing out as anticipated. I could say "predicted", but don't want to sound like a D_ck! 😁 So let's see if price gives some clues as mentioned going forward. Dam! If I am right for a third time in a row I may just have to write a price action book or something 😅 Be well and happy and safe...
On the volume indicator, I can see distribution on the shares the bulls have collected their profits, letting the bears enter the rally, In January 2020 the GME stock has got a huge pump coming from social media like Reddit and Twitter, which prompted the platforms to limit the number of shares purchased as a maximum, and prevented some platforms from trading the...
If you haven`t bought at the support: Then you should know that today GME Gamestop had some of the most extreme out of the money short term calls expiring Nov 26 with a strike price of $500! I see a short term upside potential of $280 (the next resistance) Looking forward to read your opinion about it!
I believe for the next month or so, GME has the ability to get to my TP at $242.05. My entry however will be based on: 1. if price closes above the yellow trend line in the near future and, 2. if my my red horizontal line is broken on RSI If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in...
Left text from last Sunday above. Pretty simple, over $232 sees $250 quick. Then onto $262. Quick trip to $300 possible by next week.
I'd like very much to be wrong about this as a close family member is practically betting the farm on this thing going on for an epic rally. I'd very much like it to because there is a promise of a trust fund in my name if it does - LOL!
After breaking the downward trend line and closing way above it. It is to be expected the GME start a massive rally similar to the one it made earlier and make new highs. Key levels are mentioned in the chart. PS. such stocks shouldn't be invested without proper risk management. Don't forget to put stop losses near resistance area.
Everything you need to know is written directly inside the chart :) Tadingview /chart/Y8nobi0m/ to navigate it fully
The charts and lines have spoken IF it can't hold the $171 trend and falls, it's gonna fall hard to $154-$144
GME Gamestop bounced from support and now looks like it`s heading for the resistance. My price target is $226 I`m looking forward to read your opinion about it.
It looks like GME is moving towards a strong supporting line in a channel and a wedge. It has rebounced on this line before. If it does, how far will it go? No matter what, it looks like, there is a lot of upside. I like to look at charts because I believe there is magic behind the numbers, when you can read the history, psychology and trends in the charts. I...
As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future. Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up. Consolidation is a very healthy sign and signifies...
As I see it, GME is moving inside a channel or wedge, which is inside a larger channel. Zooming out, I see an even larger wedge, that underlines the trend. If it continues down inside the smaller channel or wedge to the supporting line of the larger channel, there should be a great buy option, which potentially has a lot of upside. I like to look at charts...
I have, myself, full confidence that if all do their duty, if nothing is neglected, and if the best arrangements are made, as they are being made, we shall prove ourselves once again able to defend our home Banana Planet, to ride out the storm of war, and to outlive the menace of tyranny Occupying Tendie Town. We are going to to Banana Planet based off of my...