Long

Updated

MOASS: BOOM!

TLDR of video:

-MOASS is happening now
-Elliott Wave Idealized Target: 100K
-Ideal Target for your average retail investor: 1800 - 2400
-Psychologically, Wave 3, which we are in, is the most intense
-VWAP is your guide as price will stay above identified VWAP and will only touch it again once
MOASS is over
-Fibs are your guide as well

Expect price to begin running next week folks

We will break above identified VWAPS and that will be the surefire signal that MOASS has lifted off for the last time

SEE YOU AT THE TOP!!!

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We like to trade squeezes on the 15 min timeframe (this isnt our first rodeo hint hint)

This is a great view to keep track of the movements

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Morning!

Casino will be open later

This is the view you will see us use for now.

No need to focus on wave counts at the moment...just watch how price responds to the VWAPs

For the new folks here from reddit and other places I dont have anything to sell you and dont really care if you follow or comment...but I do hope you find this helpful and wish you much success!

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Like we said.

If price breaks we head down to support before we continue higher

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Ok heads up price make be forming an ending diagonal to complete one final minor push lower..

So until we break 22.50 im looking a shade lower

After thats its GAMETIME

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Based on the volume leaning towards this heading higher

lets see

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And this a good example of the power of Elliott Wave..watch this

Elliott Wave gives you pretty clear parameters of what to expect from a bullish and bearish perspective

This isnt about prophetically calling out targets

This is about understanding the probabilities and structuring trades that align with your risk tolerance and goals

Not financial advice

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If we break lower this is where we should go

The target doesnt change

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Ok looking higher and adjusting the target higher

As long as we stay above 21.89 any marginal pushes lower wont change the target much

BTW look at the session volume profile

Does that look bearish to you?

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BTW the only reason we are doing this play by play on such a small timeframe is so folks can see how useful Elliott Wave can be

We are going to zoom out from here and just watch the fibs and VWAPS as price is not going to stay below the VWAP from the Oct 23 low for any significant time...

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Ok zooming back out a bit

Calm before the storm people

Get past Tuesday and this thing should run

But do notice that the Oct 23rd VWAP is acting as a real floor for price...THAT WILL CONTINUE

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Ok just so we are all on the same page

We said last week that we are headed to 28 with a brief stop at 25

Nothings changed with that call

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And thats a wrap!

Get ready folks because as we said earlier this is the calm before the storm.

Market as whole is basically standing in place waiting for this election stuff to be over

Firmly looking higher towards 25 then 28+

Everyone will be tired of me talking about VWAPS by the time this is over but I guarantee you will be drawing them every chance you get lol

M O A S S

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Morning!

Casino will be open soon

Lets all keep it simple:

Watch the VWAPS and Fibs and breaks of highs and lows

Chart above works for now

M O A S S

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Looking at the session volume profile from a momentum perspective

Rising VPOCs signal strength

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The quiet is deafening isnt it...lol

The stock market is a device for transferring money from the impatient to the patient- Warren Buffett

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Making our way higher

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Ok lets see what we get from here

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Thinking this is the path for the near term

Lets see

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Since price went higher than expected we adjust accordingly

As you follow us you will see us adjusting constantly as price develops and clarifies its intentions

Or in the words of John Maynard Keyes...When the facts change, I change my mind

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And thats a wrap!

Well we told you its the quiet before the storm

That little move higher was the first raindrops people

I think we all can feel whats coming

M O A S S

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Ok zoom out a bit

These are the MAJOR levels that we are targeting in the near term

Lets see how price reacts to each level

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Morning!

Casino will be open later

Ok now that the election has been decided we can get moving

Chart has the main targets to watch in the near term but more immediately we should take out the 25 then 28 level

M O A S S

Trade active

Have some appointments so wont be posting as much today until later

Check out how recent price action looks from a session volume profile view

Whole lotta green im seeing lol

Trade closed: target reached

And thats a wrap!

Good day overall

Moved higher and held support

Price still above VWAPS which is the most important thing

M O A S S

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Morning!

Casino will be open later

Once the Fed to finishes their shenanigans we will really start moving

Btw look at what price has done since we called out that the Oct 23rd 20.35 low would most likely never be broken again on GME

Notice how price is starting to reach and extend away from the VWAPs

Like we said...its happening

M O A S S

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Ok nice day so far from a price structure standpoint

This is how we think this next move up will unfold

lets see

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Zooming in a bit notice how price came right down to the support area and basically bounced off the VWAP (yes i know it didnt touch it..its the reaction to getting near that im calling out)

Im going to keep saying it..that will continue

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And thats a wrap!

Another good day overall

You know what we are looking for at this point- moving higher and holding support above the VWAPS

Expecting Friday to bring more volatility and Monday to see things really get moving

We are on our way folks!

M O A S S

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Again notice how we are getting higher volume points of control day after day

As we said before that is a sign of strength in the price

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Morning!

Casino will be open a little later

Anticipating price to continue higher while holding support and staying above VWAPs

M O A S S

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Things are looking good!

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Ok we said we were headed to 25 and then 28..well there is 25

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We would just like to note again that we used Elliott Wave to identify that price was likely to start running the week of Oct 21st and we told you again that it would continue to run this week and it would likely signal that MOASS is in full gear

GME is special to us all because of the journey...but there really is nothing special about GMEs movements other than the manipulation causes extreme extensions in structure...oh and things can sometimes move faster

Technical Analysis works on GME folks..and we are going to continue to show it

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Power of VWAPS..price should bounce off the VWAP

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And UP we go

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Having fun yet lol?

Well you are really about to be smiling after next week :)

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And thats a wrap folks!

Heck of week!

We told you GME would start running..and it did

Say it with me VVVVWWWAAAPPPP

M O A S S

Heartbeat_Trading

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Heartbeat_Trading

Also on:

Related publications

Gamestop- Idiosynchratic Systemic Risk

by Heartbeat_Trading

MOASS: Fuse Lit

by Heartbeat_Trading