Let's see if market sticks in there. Nice base around $40.
All, Entering 50$ calls for July 16th. Both large and small patterns bullish long as hold trend. Selling/STOP below retest. Looking for both patterns to break here. Clearly a broadening descending wedge / right angled broad desc wedge.
All, Too late IMO to grab PUTS (maybe not) was not watching looking for a double bottom gap fill possibly or double bottom above it. Alerts added various places.
UWMC 2HR TF ------------------- Analysis Parabolic move approaching. uwmc is one of top trending names in wsb chat and unusual activity in call flow has been coming in hot past 2 weeks. UWMC over 11 is the breakout level. Targets: 11.73, 12.38, 15
Symbol: NYSE:GME Indicators Laguerre RSI ALMA x2 Thoughts... GME clearly had a big sell off from last week with AMC holding it's position. It looks like the meme players here may be looking rally elsewhere... Things to Note... GME should be avoided
Symbol: NYSE:AMC Indicators Laguerre RSI ALMA x2 Thoughts... LagRSI is showing bullishness which may be good for the "apes"... haha Things to Note... AMC is ridiculous and should be traded extremely carefully and with extreme caution... New traders have their accounts blown up while still being right on their assumption... just because they have never traded...
Stock hasn't gotten a lot of love in the new meme run. Could catch a fat bid soon and rip to new ATHs. $KOPN
I check out the meme stock charts every once in a while - not to buy or short, but because they're all interesting phenomenon to me. So this isn't wishful thinking. I'm not a hold till I die guy. I don't even hold shares right now but that is very likely to change tonight. AMC has a completely text book bullish pennant. Tomorrow or the day after it looks like...
Idea for Gamestop: - GME broke out of a Trend Bull Flag and is in a a Trend Cup & Handle. - Not to be outdone by AMC, GME should see a very similar performance. - MM spread will soon be broken and they will soon be deep underwater. - Time frame of Wave 3 is this summer and Wave 5 should be EOY. - Long term log trend: TP1: 600 TP2: 1000 TP3: 2000 PT: 5600 GLHF - DPT
As long as over 21-22 area (previous resistance) has a shot at making a move towards 30 and this is a name that’s gone crazy in the past. Featured chart from guruhaven.com $MJ $CGC $ACB $AMC $GME #PotStocks #MemeStock #Stocks 📈
PLTR is back at another high-traffic area of resistance. There's been lots of accumulation between $24 and $25 over the last week or so. But I have a feeling if it can bust through this level, we might see it go back to retest the lower fib. If it can, though, I'm hoping that the next fib higher around $27 is the mark. I currently have a position in the $24 calls...
Gamestop will release its Q1 results after market close today. A few observations: - The stocks Bollinger's increased markedly into June as activity and volatility increased. - The 5 Day ATR (blue indicator) shows the impact of this increase, jumping from 14.06 on 24 May to the current reading of 38.97. - Yesterday's candle shows that bulls took price up to 344.66...
AMC has made an impressive run up. We've now completed a blow off top creating an evening star formation with a gap up and gap down. Not shown on the 1 hour chart is 5 waves down completed for Wave A and targets around $16 for Wave C, which also around the $20 breakout level before the blow off top. My target is $16-$20.
Just want to mark the top here. I'm serious. That's all. My last short didn't work, I'll give you that. But I'll see you around $25 then we'll talk again regarding new downside target.
As predicted in my older posts, GME is now nearing the completion of the Cup and Handle pattern. This is very bullish, and indicated that it is ready to continue its long term upward trajectory. The long term trend we see with this pitch fork from the ATL to first peak and next low outlines that we should be expecting another test of the top of the 1x trend line...
tp1=1.6 BC=$10.5 *reached* tp2=0.6 XA=2 BC=$12 tp3=0.78 XA=2.6 BC=$14 tp4=0.88 XA=$15 tp5=1.13 XA=3.6 BC=$19 tp6=1.27 XA=4.2 BC=$22 tp7=1.41 XA=$25 tp8=1.6 XA=$31
🚀Ticker: (BB) Black Berry : Eyes on BB Above 16.25 with volume . ✅As you can see here we have formed a bullish pennant on the 1 hour backed with strong volume . The red spinning top at supply closed with over 144 million volume . After a healthy retracement to the downside, we were able to find support just below the 9MA (blue curve) where we formed an engulfing...