It's the week before earnings release and looking at the previous earnings release, it seems a dangerous time to buy puts or sell covered calls. Not advice, only my opinion. You must do your own DD and what is best for you and nobody else.
Hi all, Since i'm not participating in this run, you can have it. imgur.com Data indicates it may occur tomorrow. Good luck.
Strong down from the last posting saying we were into important supports. Targets on one of the first postings of GME short here hit in the last swing down, but these levels did not hold as support - which may spell out much more downside.
Hello everyone, Hope everyone is excited as I am for this next move up. If NYSE:GME is able to break above $15.81 and hold it there with a 4hr or daily close, then price should move up towards $21. Conversely, if NYSE:GME fails to break above and hold above those levels, then NYSE:GME will fall down to the $12.40 area with a hopeful bounce at $13.50....
Hello everyone, Welcome back to another NYSE:GME analysis. Last time, I mentioned that NYSE:GME will bounce between $13-16 before earnings. If there is a daily close above $14.27, price will head to the first PT at $15.76. Above this, NYSE:GME should test $21.72. As always, not financial or sexual advice 🚀 Good luck!
Ok, this one is for the ones willing to take risks, but the chart is worth a look given the meme/shitcoin frenzy that is going on right now. I wouldn't be surprised to see the price potentially double by the end of this week. The chart suggests we might see some significant activity soon.
Breaking out of descending channel after breaking out of falling wedge.
GameStop's Falling Wedge Formation: A Swing Trade Analysis Introduction: In the ever-volatile realm of the stock market, GameStop (Ticker: GME) has caught the eye of traders once again with its intriguing chart pattern formation. A closer look reveals a falling wedge setup, a classic bullish pattern that suggests a potential reversal from the...
Looking at the 4Hr GME chart, we can see the GME has broken out of the wedge and has formed a Cup & Handle as well and an Inverse Head & Shoulders. Also, the 15 min is showing a Bull Flag breakout. Bulls are out in full force. Quad witching is in 3 weeks also...
It's a bit early to celebrate, but i see decent signs of another GME run happening soon, at least within February. I i said, it's a bit early and the data needs several more days of prints to verify, if that's the case, i'd be setting this post to "Trade Cancelled" and i'd make a new one in it's place when its time. Now that warnings have been given, it looks...
Hi everyone, Looks like leenixus wrote yet another hype post. These are 3 targets and the third being the top max. Earnings will be a different story, but until then GME will likely bounce between 13-16. Good luck everyone.
Despite its pending return to the $50-$75 range, Gamestop likely has a timultuous road ahead as it tries to sustain relevancy in a time where games can be purchased and downloaded without ever leaving the comfort of one's home. There is also an increase of demand for crypto related gaming, where real world value is given to in game characters, and items. This is...
The daily rsi bounced off rsi ma and also the weekly rsi ma. As long as rsi stays above ma on weekly we are headed back to 18 imo. Price needs to get above the blue ma of bollinger band. But it also looks like a bear flag forming on the 4hr. Right now I'm long looking for $18.
If the previous chart that I posted regarding GME doesn't play out as I hypothesized, this is another likely outcome. Prize rises slightly out of the wedge pattern, which will trigger many buy orders as many trader's would see that as a bullish sign, then sharply reversing, and dropping down below the wedge to the bottom (dashed) support line, leaving many bulls...
we can see bullish signal around this trendline, I will long here(13.9$), with target on the top of the channel(18$)
With the recent bankruptcy of Evergrande, forcing the liquidation of its many short positions, rumored to include equities like GME, AMC, etc., many traders are expecting another brief 'short squeeze' as a result. The charts seem to indicate that GME could make a nice move from current levels ($14.75), possibly even dropping to the bottom of the wedge to the...
Could be finally bottoming might have a solid chance and decent risk to reward to load the boat here 14.22ish area with a target of 26$ This could take until end of April mid May to play out completely but could be worth the 1$ per share risk. I’d stoploss it close to 13.20/13.40 area.
The grandpa of stonks is getting interesting here. It's broken above the trendline, and it has retested it once. I am going to pull the trigger on averaging down my "underwater" position when we test the trendline again and stay above it for more than 2 days .