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...
My Force Accumulation indicator is showing that institutions began massive shares-accumulation since the pop-off from $12 to $17s. Have a short-term target price of low $20s. However, based on the amount of accumulation, it's possible that institutions on the long side of the trade are prepping for an actual squeeze (possibly a gamma squeeze?) and we blow past...
GME came alive in December and is currently retracing back to the 50 EMA. Things to consider, volume has been drying up since the initial move in late November, $15.41 is a strong level of support, but below that there's the gap all the way down to $13.55. January is usually a great month for this stock, but I'd love to see it defend the 50 EMA and the $15.41...
A lot of bullish order flow coming in. Entering long on market open on Tuesday. Please trade at your own risk. This is MY personal trade. I am posting this for educational purposes only.
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 $20's for now. Will keep you...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Tracking a beautiful Cup & Handle on the 1 hr. Keep an eye on this one, looks like we are about to form the handle before the breakout.
just a further extension of what we already know.,.. we are close
Short Squeeze is unlikely to happen again NYSE:GME GameStop's Split Will Be a Stock Dividend Dividend stock split isn't likely to affect short sellers. While shorts would be required to pay a cash dividend if GameStop issued one, a stock dividend works pretty much the same for all investors regardless of whether you're short or long. The effect is to increase...
Hello to everyone! After 3 years of down trend Gamestop has shown to us in the month chart a bullish candle pattern.A Morning Star is going to be established after this year's end. In my opinion to reverse the down trend we will have to see the price to reach the level of 19$-19.20$. Is that possible? I think it is! My analysis says yes. My positions also. You...
GME ran up 11/28 and has formed a wedge(yellow trendlines) and possible triangle(purple line) within wedge. Possible triangle because the structure already broke and at the time of publish, the window of likely breakout(horizontal white lines) has passed. Volume diminishing Rejecting 13EMA and finding support on 48EMA at time of publish.
I will be rolling my contracts on gme past january 2024, in an affect to catch the squeeze.
It will take a long time but it is worth it. NYSE:GME rises because of excessively overweight short interest, nothing more. I don't know why GME has accrued such excessive short interest, but the TA on the chart says that move happens eventually, again, given that the short interest never got cleared out. The Monthly support level gives a good clear r/r trade.
the algorithm speaks.. listen carefully, you might miss it.. she blows for us every now and then! not financial advice!
fractals and resistance can tell us quite the story.. lets see where she goes.. personally im in calls.. we have alot of things in our favor.. this is all hypothetical and not financial advice, goodluck
I'm not even going to comment. We'll find out later!