First shot on this Bull has arrived
Here is a prediction for you all given the fact that the movie #Dumb #Money is out.
This has 3 targets and yes it has officially just started. I would expect a drop to 10 with confirmed lower structure for the hold and switch. All relevant structure is applied and you will see what it does at each of the points so feel free...
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...
Hi everyone,
Financials
GameStop is in an exciting phase of transformation and financial stabilization, as shown by its latest financial report. The company has successfully turned a significant loss into a net income, indicating not just resilience but strategic navigation through market challenges. A standout is the positive shift in EBITDA to $64.7 million,...
As we dive into the technical fabric of GameStop Corp's (GME) stock, we are greeted by a tapestry of indicators and patterns that sketch out both caution and speculative opportunities for the discerning trader. Let's unravel the threads of the latest price action and market data to envision a trading strategy that is as informed as it is speculative.
Price Action...
GME
Why hasn’t #Wallstreetbets save their fanboys?
GME Weekly chart analysis
Let’s compare 2021 vs 2022
Pretty clear and straight forward.
2021
Two green weeks mid Jan.’21 sent price flying from 9.75 to high of about 120.65.
Since then, GME has done nothing but make a series of Lower Highs into Support area @ 37.95-45.55.
These Lower highs into support area...
NYSE:GME A massive amount of May out of the money NYSE:GME calls hitting tape. NYSE:GME attempting to break out of a massive multi-YEAR triangle. #DiamondHands 🍿💎👐
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!
HERE is the always the most popular chart I end up sharing.
GME.
It seems a break out is about to occur and the buy target is basically now or very soon.
Downside is minimal, price is at trend support.
Looks like a lot of upside potential.
I like $20. And then there is always potential it really cooks to 64.
but don't count on that.
Focus on the trends, and...
NYSE:GME Price action is telling me it worth averaging down and buy the stonk:
- We are in the accumulation zone.
- RSI Divergence is obvious
- We are getting close to an earning call
- We are approaching historical support
My Strategy:
- Like any other APE I am deep red :)
- I like the stonk so I continue to average down
- I will either die a hero or...
Gamestop's last line in the sand is $9.50-$9.70, where it bounced initially back during the first run up.
The next bounce spot is $7.50 but momentum will be high to the downside. If this truly were to MOASS you would buy it at $25+ when it clears liquidity levels and develops upside momentum.
Currently, this appears to be heading to zero. I would not have a...
As of the latest session, GameStop Corporation (GME) is trading at $11.38, witnessing a marginal decrease of 1.30% from the previous close. The stock is experiencing a prolonged downtrend as evidenced by the weekly chart indicators and moving averages.
Ichimoku Cloud Analysis:
The Ichimoku Cloud, a comprehensive indicator, shows a bearish trend as the price...
Solely based on pattern, and my assumption we are in a wave 2, before the big push, higher, I look for GME to get pounded, down into the single digits, targeting sub 10 before either taking off, or further subdividing in Ending Diagonal Fashion, before eventually reaching 6-7 bucks, in May.
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 13.50usd strike price Calls with
an expiration date of 2024-3-28,
for a premium of approximately $1.41.
If these options prove to be profitable prior to the earnings...
Hi everyone,
In my previous analyses, I anticipated a potential price drop that could form a double bottom pattern if GameStop earnings weren't great. Recently, GameStop's stock failed to surpass a crucial weekly indicator, leading to a sharp decline. Moving forward, if the stock rebounds, I'll be monitoring its response to the first resistance level; breaching...
Hi Everyone,
In my previous posts, I explained that NYSE:GME needs to remain above crucial levels to ascend, predicting a bounce between $13-$16 before earnings. Here we are, and according to my indicators, $15.44 needs to be surpassed and maintained tomorrow for a climb to $21 . Currently, during Robinhood's extended scam hours, it's at $15.68, peaking at...
Very interesting take on GME. You need a sustainable higher highs for an uptrend, or most of these are perfect bull traps. Way to measure is also due to public sentiment, euphoria. Potentially easy money phase.
