Updated

Where's GameStop Headed? Is there a future?

Will the future revolution be tokenized? Is this a dying retail company headed for certain doom?

Seems Ryan Cohen has managed to turn around this company and the launch of GameStop NFT Marketplace trademarked under: "GMerica" The company is also now debt free and C is finding ways to take care of employees as well as bring value to GME

How does the market feel about NFT?

NFT - "Non-Fungible Token" which are unique digital identifier that cannot be copied, substituted or subdivided. Everything is recorded on blockchain used to certify ownership and authenticity.
- Transferable proof of ownership.

Potential Applications:

- Art
-Games
-Music
-Apps
-Movies
-Books
-Tickets
-Stocks - Potential to fix problems with Wallstreet. Can future trading be done on blockchain?
-Authentication
-Counterfeit protection
-Asset titles
- Loans/Mortgages
- 100% verified ballot voting

Let's take a look at the Elliott Wave Analysis:

Have you DRS'd?

Note

Also check out LoopRing L3 and Immutable X integration with GME

Note

Very nice hard bounce

Note

EW Analysis update. The range is tightening and pressure is building. Latest earnings report is 71.3M shares DRS'd. expect this process to speed up

In the meantime we can explore price action possibilities

Note

Closer view 4HR TF

Note

Correlations against SPY

Note

Solid signals? 3Day

Note

The master chart. D R S 741

Note

Touching base. [win] [15]

Algo still following Citadel for now.

Diamonds and hearts. march madness

Note

Going on year 3 correction. Did we see the C wave with 5 down waves?

MGGA

Note

3 year resistance broken. You were either a buyer at $10 or higher and higher

Note

Excellent start to the first impulse. Anniversary should be fire

Note

This would be crazy for AMC if it happens

Note

Update to GME. Congrats for to the 5/17 players. Why did RK accumulate 9,001,000 shares? The party is just getting started

Note

Time Analysis. All about time

Note

Contracting Falling Triangle pattern

Trade active

First Golden cross in four years

Trade closed: target reached

First 1W golden cross imminent since 2021

Azzzz

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.

Azzzz