TLDR:
- 35-40 Region is next
- Significant retracement will follow that will take us back down to 28-30ish
- VWAPS and VPOCs will ultimately provide support
- 100% move coming in Jan
- Emoji timeline is legit IMHO
- The Cat is signaling to Inauguration and End of April
- FIb TIme Axis agrees with suspected emoji timeline
- Swaps are a big component of the short play
- Swaps will AGAIN be used to resolve MOASS and this will play out AGAIN in 3-4 years
Trade active
Morning!Casino will be open later
As we said in the weekend update we expect price to target the 35-40 region next
Lets see what kind of volume we get today
M O A S S
Trade closed: target reached
And thats a wrap!Good day from a price structure perspective!
This movement definitely helped provide additional clarification that we are on the right track with the analysis
Should see this head to the 35-40 region by end of week..definitely by this time next week
M O A S S
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Morning!Casino will be open later
Not expecting tons of volume today so not sure how much movement we get but lets see!
No matter what we are looking HIGHER
M O A S S
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Provided todays low holds we are headed higherNote
***Apologies- somehow got my GME updates crossed with my MPW updates***Lots of selling and overlap yesterday in line with the broader market weakness
Broader market should be finding some legs soon which will assist with the epic month that we are about to have in January
2024 was an awesome year folks!
But 2025 is about to be LEGENDARY
M O A S S
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I see The Cat has tweeted so I wanted to repost the below chart as it gives the clearest view I can give on what will most likely be the MAJOR support/resistance areas for MOASSNot financial advice but those will likely be great areas to make adjustments to your position(s)
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Morning and happy new years!Thinking with The Cat tweeting we should see a green day :)
Still looking for price to head to the 35-40 region
M O A S S
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As we always say, the more price moves the more it clarifies its intentionsSlight tweak to the count based on that push lower
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Broader market weakness dragging GME down but that should be coming to an end shortlyNote
Make sense why we are pulling back now?Note
And thats a wrap!Today we saw price basically move in line with the broader markets
And as the broader markets caught some strength so did GME
That will continue
BTW- just a reminder that I constantly talk about diagonal structures and how overlapping they are and also how they come with DEEP retracements..and thats exactly what we are seeing with GME right now
But mark my words-
The chickens are coming home to roost and the shorts and manipulators will be getting their just due soon..
Just be patient people...we are almost there :)
M O A S S
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BTW- take note of all those vertical dotted red lines that we will reach in our near futureRemember they are special :)
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Morning!Casino will be open later
Still expecting one more push higher to the 35-40 region to finish off this move
We are on a countdown to glory people!
M O A S S
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Watch the synergyNote
Like we said..synergyNote
I dont usually post my private charts but here is a nice clean Elliott Wave focused view of what I am trackingNote
elliottwave.com/waveopedia/elliott-wave-pattern-diagonals/"An ending diagonal occurs primarily in the fifth wave position at times when the preceding move has gone “too far too fast,” as Elliott put it. A very small percentage of diagonals appear in the C-wave position of A-B-C formations. In double or triple threes, they appear only as the final C wave. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement."
"A rising ending diagonal is usually followed by a sharp decline retracing at least back to the level where it began and typically much further."
Now think about that last sentence above and now remember that I said once we get to the 35-40 region we would see a significant retracement back down to possibly sub 30 and then price would BOOM
And now take note of that VWAP off the Oct 23rd low that Ive been saying for months now would serve as a floor for price
Get it now :) ?
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And thats a wrap!One word: GAMETIME
We will talk about it more in the weekend update
M O A S S
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.