GME had a strong close after being beat down most of the day and for the last few days. It finally found some support around the original breakout area and looks poised for the next leg up. Made a typo, meant to say "lower high" instead of "lower higher"
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
boost and follow for more 🔥 GME had a trend resistance zone break, retest, short trap below local support zone as the retest happened as well. I Like what I'm seeing, my moon senses are tingling ;) looking for a explosive rally to 30-40-58 once we can close above 19.74 long trigger 🎯
Let’s see if we get the pump going to grab the single print. Once since night retrace lower or keep on pumping. :)
NYSE:GME | GameStop in-between 2 trendlines
We broke down below the trend channel (green) and the gap has been filled (yellow). This continues to be a short until we test the base channel around $13-15. If we break below the base channel then this trend is likely over and a new downtrend will form.
At one point this week, GameStop was up some 265% from Monday to Wednesday. That's 48 hours of trading, up 265%, and on rather large sums of volume at a $10+ billion market cap. This is real money, fast money and that's why it's hard to ignore such price action. While many traders made and lost money on this hype trade, there is one group that played it...
GME experienced a significant advance following ‘ Roaring Kitty’s ’ appearance on social media, which caused quite a stir and a sharp increase in the stock price for both GME and AMC . After a spectacular rise, including a gap-up opening, the price began to fall, trapping many traders, as often happens in these types of technical explosions while seeking to...
There exists a short term and long term bullish case for GameStop. Fuelled by the last short squeeze this company has a strong cash position thanks to investors buying up new share issues and is poised to begin turning a profit in its retail division thanks to store closures. Patience may be required to see these consolidations begin to take effect and the...
GameStop's stock ( NYSE:GME ) price dropped about 20% after a meme stock surge by investor Keith Gill. The company announced plans to sell new shares and lower its sales forecasts, causing the stock to fall back to Earth. GameStop ( NYSE:GME ) now expects first-quarter sales to range between $872 million to $892 million, significantly lower than the $1.24 billion...
Long gamestop at a price of $20.31 Based on trading volume with demand at the $20.20 level, looking to take out areas of supply as we recently retested $63.92 earlier this week. Next level would be the $86.17 followed by ATH of $120.75. Only trade what you can afford to lose! The company is not profitable but has a robust balance sheet and cash on hand.
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
Bullish rising wedge breakout seen here which if the squeeze is on again could lead to a rip higher soon.
GME is certainly a no brainer from the current level. The daily data is suggesting a very significant accumulation and net buying. Daily higher lows has been registered. Target Prices will be 30, then 40. Spotted at 20.0 TAYOR. safeguard capital, always. -------- Here is some fundamental data for reference: (mostly outperforming, 3 digit percent...
Hi everyone, Here's a quick update on $GME. We started yesterday at $64.74 and dropped sharply to $31.11 but managed to hold the 0.382 Fibonacci level. If GME can break above the 0.236 level at $41.72, we could quickly rise to $64, potentially closing the gap at $74 and even reaching as high as $100+. Our MTTSA indicator predicts a significant upward movement,...
We tested support today but didn’t get a gap fill from Monday’s open. Will buyers step in to take this stock to the moon again or will the hedge funds win this round. I’m in as of yesterday and added to my position today.
This is a little bit of an update and reminder that GME is still holding above the 0.886 retrace and the 200-month Simple Moving Average with Hidden Bullish Divergence within a Falling Wedge. We've held this level for months and it still appears that it can Bullishly Breakout of the wedge at any time, which should lead to some extreme upside between $60, all the...
There is a strong resistance above the price. Most likely will be rejected next week. If you have decided to trade this idea, you can enter now at 16,59 and target 11,48. Wish you good luck.