GME GameStop Upside TrendAfter this beautiful play from support to resistance:
Now GME Gamestop formed an upside trend with a price target in my opinion of $260
Looking forward to read your opinion about it.
Gamestop
Is history repeating itself? GameStop-the run up part two. It appears that GME is preparing for launch on the monthly time frame. Candles from pre January liquidity test are printing same pattern.
My preferred method of trading GME is quite simple. I buy big bags via IEX, I DRS as soon as shares settle, I rinse and repeat.
GAMESTONK... WHO IS READY TO BREAK THE INTERNET AGAIN?If you hold Gamestop I'm so happy for you. I personally only hold AMC but I don't care which stock skyrockets or squeezes first. The other will follow. That's facts. GME has either bounced or been rejected by the long-term trendline from 04/03 2020. It has respected the trendline as support 9 times. Friday the trendline was respected again. A lot of people were fearful this week on GME and AMC. I don't understand why, if you look back at the history of GME's chart you can see this correction or dump is not even the biggest. It fell 37% one month before the squeeze on January 28th. It fell almost 25 % two weeks before the squeeze. The volatility is normal when it comes to GME and AMC. If you've held this since January last week was nothing. This is usually what occurs before a squeeze or a big run-up. We closed above a strong support (168-169) which was also a good sign for the future. GME is looking primed for another squeeze.
GameStop round two coming as the 200MA approachesGameStop setting up for another massive breakout. Every smart investor is waiting for the bounce of the 200MA and then we go much higher imo. This is a multi year play for much much higher imo
Double top?4 hour chart shows double top.
This will break down to 2.30 area and possibly back upward from there. If news is fake or doesn't happen soon we will most likely retrace to 1.50-1.60.
Gamestop Analysis 29.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
$GME | 11/25 | Watchlist #1 $GME +$220 / -$210
(Over $220 for calls)
(Below $210 for puts)
Price targets:
Bull case: $228
Bear case: $205
Technical analysis:
Bull case: Bounce off the trendline
Bear case: Double top on the daily chart
GME GameStop Extremely Bullish Option CallsIf you haven`t bought at the support:
Then you should know that today GME Gamestop had some of the most extreme out of the money short term calls expiring Nov 26 with a strike price of $500!
I see a short term upside potential of $280 (the next resistance)
Looking forward to read your opinion about it!
GAMESTOP to $260charts and numbers and lines and things.
I'd honestly take a chance into next week. It looks like GME might head up to $260 if it can catch some momentum.
Is GME ready to take off?In my previous analysis I discussed AMC.
GME looks to be in a very similar position as it is retesting a trend it hasnt visited since its last parabolic move to $500. It is also in a wedge and possibly a bull flag.
Anticipated moves for a bullish breakout range from $250(based on the base of the wedge) to $450 based on the last measured parabolic move. Which would leave us anywhere from $450-$650!
What do you guys think??? Let me know!
The next $GME Bull Run is hereTLDR: November 23 is the day where the first big mega candle appears.
The runups happen every 90 days like clockwork for all meme stocks, but have a bigger impact on the 2-3 main meme stocks with the most options volume. In this case it's GME & Popcorn stock. Fundamentals don't matter here. This is purely market mechanics at work. Usually there's just 1 mega candle 2 days after the 3'rd Friday of February, May, August and November and then the strength of the runup slowly diminshes over the time period of 1-2 weeks where it eventually gets shorted down to a price slightly above it's previous trading average where it stays for another 90 days until this cycle repeats itself.
Not going to go into the technical on why this happens here. It's a long subject on which i've written over 40 pages worth of a "thesis" on to explain on reddit. I'm just here to tell you that the next runup here here. The last chance to get calls is Nov 19 and possibly if we're lucky, on Nov 22. I've already gotten my calls for this runup early even against my own advice. Friday may be the last day before the next runup or it may be Monday. I've already gotten my own calls early on the off chance things pop-off early and i'm going to pay a lot of theta for it. Buying early just guarantees you getting low IV calls if that's what you're looking for.
In any case, godspeed. This is not financial advice and nor am i a financial advisor. I'm just a guy here to tell you when the meme stocks & specifically GME are going to move. I'm not claiming the MOASS here, only a runup like what happens every 90 days. If the MOASS comes along with this cycle, all the better.
GME IS A BEAST WATCH OUT FOR ATH SOONGamestop stock has been following wyckoff accumulation since ATH and I think we are done accumulating now. We also broke out of a giant pennant and bounced on it aswell. The memestock mania is back.
Simpcoin Collapse - Crypto to Cannabis - Value InvestingEpic Economics. Rising Rates annihilate crypto. The US5Y on to new highs. Cool. Value investing is a thing after all.
Congrats JPow.
#cannabisreform
#metaverse
The Future
Akerna $KERN has the compliance data SOFTWARE (record revenues announced Q3).
GL
GME Just Won't Close Above 213.52 wtf.I'd like very much to be wrong about this as a close family member is practically betting the farm on this thing going on for an epic rally. I'd very much like it to because there is a promise of a trust fund in my name if it does - LOL!
GameStop 2nd massive wave of GME known as meme stock coming !?! After breaking the downward trend line and closing way above it. It is to be expected the GME start a massive rally similar to the one it made earlier and make new highs. Key levels are mentioned in the chart.
PS. such stocks shouldn't be invested without proper risk management. Don't forget to put stop losses near resistance area.
GameStop, an extensive attempt at hacking the Code (link below)Everything you need to know is written directly inside the chart :)
Tadingview /chart/Y8nobi0m/ to navigate it fully
Possible GME Price Targets It looks like we COULD see some price movement this coming week with GME and AMC considering AMC is expected* to report earnings on 11/08/2021 (Monday) after market close. If not maybe GME earnings could make the move in a few more weeks.
Possible GME scenarios
1) Resistance at $234. If we break upwards past $234, I imagine we will AT LEAST see the GAP fill from 287-$297.
2) Support at $190-$208. If we fall below $190 without immediate turn around, we should sell down to the $140 region and lower ($7) before reversing back up to make new highs.
3) Consolidation between $200-$230 until GME earnings where any positive or negative news of growth or about NFT could move the stock big.
Let me know your thoughts.
Note: I am LONG GME and AMC, I believe it is only a matter of time to see new highs with both stocks even if we test 52 week lows before then. Trading is risky, none of what I am saying should be taken seriously, for it is not a recommendation just posting my TA on the stock.
TA on GME. Why not? LolCan you TA something like this?
I can't help but think maybe you can.
There is little interference here.
It's speculation / emotion at it's rawest, and if the Short bubble pops, huge uncontrolled moves can occur....
$GME Q4 may get crazyCould see some GME fireworks in Q4. Trading above ATH anchored VWAP (163.65) and appears to be breaking out of triangle. Needs confirmation, but worth having on watch. Break above $225 resistance zone and $300+ isn't out of the question with MEME strength in this name. Alarms set !
LRC Looks prime to test previous ATH ($2.51)Good afternoon traders!
Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073.
A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out.
Good luck traders!
