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...
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...
Current position: 50 Shares at $31 (small position) Option premiums are too pricey, so I just bought shares. Trade Idea May 24 50C $2.15 (very high risk)
GME broke out of a bull flag on the 1hr this morning and rejected pretty hard, but held perfectly on a retest. Looks ready to try another leg up soon.
Parabolic rally recently in GME. Gained a lot of attention but, as of yet, it's not broken out of the simple downtrend structure. In setups like this there's always a 1:3 - 1:5 RR trade fading the rally into the 76 resistance (Caveat of gap risk in stocks). If the downtrend is to continue, this should be about the end of the rally.
If we bounce from $20.20 (gap needs to be cleared) I would expect a move back to current highs - $64.83. Once the current high is taken out at $64.83, I would expect a move to my wave 3 target. It's all doable but will take patience and large amount of buying from retail investors from ITM calls options to send this rocket! Hindsight is a wonderful thing, so...
If you would like to be notified whenever I post a new article, just click “FOLLOW” at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help. Will Gamestop's ascent continue? After being dormant for a long time, the meme title craze is back in action. GameStop...
Not financial advice. NYSE:GME Crazy study few ideas Fibonacci numbers align exactly with gaps in purple boxes also it can be healthy A,B,C correction. Like and subscribe for more ideas. Thanks.
Hi everyone, Welcome back to another technical analysis update that has proven effective! Here's a quick recap: RECAP: Using our MTTSA/Metric Pro indicators, the price moved above the hourly mark indicating an upward trajectory toward the daily mark, which it successfully reached. After a brief dip to the $10.70 range, it climbed back above the hourly and...
GME Crossing $80, pay attention for short opportunities macro: NVDA should've pumped to new highs FA: n/a TA: $80+ to $120, or ideally $120+ daily exhaustion gap targets around $120, $150, $170, $180, $200 P/MA daily targets of 3.5x, 9x, 20x SA: google trends new ATH normies talking about game stop Andrew Tate talking about game stop and memes
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...
Already mentioned in earlier posts but this is an overlay of the same structure of strong lows and highs with liquidity
As mentioned, GME didn’t left premium discount range but by the nature of the great range losses could be taken if any stock was bought in the below the upper limit of discount price. Now its developing a Trend Change.
Hello As we all expected , this symbol reversed (if it is impulse) but what is really important for me is the correction pattern that GME is going to make in the next week. In terms of Elliott Principle, what did happen today morning was Smart Money as wave 1 which is not for us unless you would sit in the front of your screen for more than 1000 days to catch it...
Analyzing GameStop is always difficult. I have seen the previous reddit pump some years ago, and it was pretty hard to find possible entries and reversal pattern. But this time the chart is giving us some useful info. We can see a break above daily trendline, and the black box a liquidity zone (actually a resistance). The main chart looks bullish, and today's pump...
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%....
Dissecting historic price action to discover trend windows within the short squeeze cycle
in 2021 GME unjustified and most likley no t approved by many Financial Institutions Created its historic HH , this means Liquidity generated by that moment is still around to create a new HH with this Trend Change and Structure Break which so precisly grabs liquidity to generate its HH of the day.