If we analize this one as the sentiment in solana token, this will happen like this year
GME is printing a quadruple inside candle on the daily chart. Also holding right above the 200 EMA on declining volume. Due for a move one way or the other. 22% short float, so my guess is up, but we'll see!
What an absolute monster Cup & Handle on the 4hr. GME has been on quite the run lately. If this continues we could see another $3 to $7 gap up over the next week or so according to the Fib Ext. And being DFV is now active again, this may be the catalyst needed to spark the fuse on this weekly Bull Flag that has begun to finally breakout.
GameStop ( NYSE:GME ) stock has risen 13.1% to its highest close since December, marking a resurgence for the videogame retailer and original meme stock. The stock closed at $18.01, its highest since December 28, when it ended at $18.07. GameStop ( NYSE:GME ) shares also recorded their biggest single daily percentage gain since May 3, when they climbed 29.1%....
Inverse head and shoulder on the 1hr chart. Looking for a gap up tomorrow. Consolidation should be about done
I thought GME had a good chance to rally after holding that trendline yesterday, but instead it gapped down below it and failed on a retest. Then we have a bear flag that has been broken to the downside. Rough day for the memes but I wouldn't be surprised if they squeeze at any time.
If you have any questions or comments feel free to comment down below!
GME is set to have a huge day tomorrow, but look out below if it can't sustain here.
Hey everyone, technical analysis is mostly subjective and helps give us an indication, however I want to remind people to enjoy this price action and not get too involved in trying to make sense of it. Have fun!
study on recent GME price movement volume price analysis
GameStop shares recently surged by 118% in two days, coinciding with the return of Keith Gill, known as "Roaring Kitty," who ignited interest with a cryptic social media post. This event underscores the ongoing challenge that meme stocks like GameStop pose to traditional financial analysis. Historically, GameStop experienced a massive spike in January 2021, with...
Practically they have performed a reversal known equivalent as a rug pull generated by investors rally , this has lowered price while they take advantage of liquidity generated, for now S&D zone is being establish under Premium Price considering the ~200% 2021 target. Based on this the HH might be lowered to at leas a 30% , thus 60+ dlls which is considered a...
r/wallstreetbets recently picked up the GameStop Stock (GME). Why? Because we basically have free money sitting here. GameStop struggled with keeping up with the growing digital gaming market and the price plummeted. With a strong focus on E-commerce, a strong brand with over 55 million PowerUp members and a solid team (Source: r/wallstreetbets "GME FULL...
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...
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...
NYSE:GME Macro breakout, from 3 year downtrend on weekly. Previous trendlines sitting below 200D, show historical measured move (Yellow square).
NYSE:GME 4 inside day candle/bull flag on the daily chart. Current position: 20C 5/17/24 1.14 Small Position .........................