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Gamestop

GME Back To NormalI wasn't going to get involved, but I'm only seeing naysayers to Gamestop at this absolute steal of a price. I personally had a Gamestop Rewards membership, played Kongregate all the time, and shopped there semi regularly prior to even really knowing about finances. I can't express how much I enjoy gamestop as a company, from a consumer standpoint. From a trader standpoint, I can't help but notice the very natural climb up to where it was just prior to that explosion and how it has steadied out for the most part on the other side. MACD looks to have recovered and RSI is fairly low. I think it's ready to continue that more natural climb. From my estimation, I think $250 is a fair value for this company for a lot of reasons. A lot of people I hear that are holding bought in that range, I think with only 69M shares a 17b market cap is nothing for a mogul like this, the new management is a power team just to name a few. Let alone being broadcast from Congress tomorrow. To the brass tax: 172 @ 50.23 If some kind of crazy thing happens tomorrow or in the next few days I'll take whatever crazy price is offered. I'm looking for 250 as a long term investment, maybe within 1.5-2 years. I've already marked it off as a loss otherwise.
NYSE:GMELong
by LemonKing
GME H&S next target 5$Hello. We all know GME has no future and is an obsolete company that did not make the jump to modernization of the current technological era of Gaming and business. The big rise was credited merely to the manipulation of stocks and triggering the closure of Shorts from the Hedge Funds. But now that it all has settled, the real value is about to return to it's 5$ mark. Looking TA-Wise we have a big Head and Shoulders pattern. Going by that type of trading on log-chart it's bottom is to be found at the 5$ support. Wish you all luck trading! :)
NYSE:GMEShort
by TradingandNews
13
AUDUSD APPROACHING MONTHLY RESISTANCEAs we can see AUDUSD is approaching to a very strong monthly resistance zone . So how to approach this situation? Simply if we can see that price going bearish on 4hr timeframe we can take an short postion . And we can expect to price to fall till Tp1 and Tp2 (consider taking some of the profit on Tp1 and let the rest trades run) . Remember to be reactive not predictive ! Follow me for more updates as I am gonna post daily educational content .
Short
by Bulls_and_bears_academy
$AMD is the future's WorkHorseIf yall have been sleeping on $AMD, please get woke. This chart is showing strength like we saw in 2019/2020 1YR technicals plus fundamentals (beat revenue by 200% Q4) are a sweet slow cookin recipe for YUUGE growth in 2020. Check out this article on why $AMD is better than $INTEL just based on hardware patent. >-------------+++++++++++--------------+++++++++++--------------------+++++++++++++----------------------< Click Here/ Buy $AMD These chips are the reason the $GME squeeze happened, the reason COVID has been managed so well, and the reason games/AI/VR have grown exponentially via Moore's Law.
NASDAQ:AMDLong
by bensnyder777
1
GME 226.42% short interest! (Surely after the squeeze)Hello, here I am updating you on the GME short story before anyone else (I got connections). The FINRA updated the numbers. I don't know, maybe this is some kind of error? 226%! It's USO Oil all over again... They're tearing retail to pieces. finra-markets.morningstar.com A whole lot of novices got really excited AFTER Melvin got squeezed. Tried to warn them but they were too riled up. They won a fight, felt empowered, then they overextended (overstayed their welcome) and got all mowed down. "We're sticking it to the man", the man is up 80% on his short and probably locked in profit already. AMC SI is down, from 78% to 38%, it did not get the "we're beating Wall Street" attention GME had so random novices did not get in throwing money at Wall St shorts. finra-markets.morningstar.com As always, the "little guy" is late to the party. I got called a "boomer" with a "boomer mentality" for not fomoing in, and laughed at for wanting to short sell... This time short sellers have an extremely expensive entry, and I'm sure they have loads of cash behind them, retail won't push the price to $5000 and squeeze them. I wonder why the price gapped after Melvin got liquidated. Short sellers noticing the crowd euphoria and baiting them? They took the bait so hard. I wonder if regulators, and congress which is investigating Robinhood will be able to figure that one out? It probably won't cross their minds that billions were made shorting the stock at the top when it suspiciously gapped up, and then buying was halted. They have no clue so we might never find out. They're stuck on thinking "short sellers bad", "refuse to lose", "Robinhood stopped trading to stop the squeeze". That's the dogma now. Maybe these many short sellers shorted "early", and they did want to stop the squeeze, and maybe not in which case good luck convincing the mindless herd of dogma addicts that the truth is something else. Let's take a moment to remember Oil: Robinhood bagholders did not even hold it (noobs rush to close at breakeven or tiny profit when it goes their way, and diamond hands hold when they lose), so what was the point of USO? It was just some "TA" ticker on a phone app to them? They could have bought a future with a 6, 12, 24 months expiry, that terrible ETF has heavily underperformed Oil, it was a good short (and long Oil future obviously - one with backwardation is that was available). Back then you also had the novices that thought they were geniuses that spotted $1 Oil barrels and thought for some odd reason no one else wanted to buy those. Boy did they learn their lesson when it went to -40! Wall Street is Muhammad Ali, dancing around, teasing retail, and all these novices are his many angry opponents that rage at never being able to hit. Nothing will ever change. Low skill, low knowledge, high excitation (emotional) players will keep losing, pros will keep winning, it's like the laws of gravity.
NYSE:GME
by MrRenev
14
GameStop - classic bottom with overhype after. 𝙃𝙤𝙬 𝙃𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙 𝙘𝙝𝙚𝙖𝙩𝙚𝙙 𝙥𝙥𝙡 𝙬𝙝𝙞𝙡𝙚 𝙥𝙥𝙡 𝙩𝙝𝙞𝙣𝙠 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙮 𝙘𝙝𝙚𝙖𝙩 𝙝𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙..🤫 𝙒𝙝𝙖𝙩 𝙙𝙞𝙙 𝙬𝙚 𝙠𝙣𝙤𝙬 𝙖𝙗𝙤𝙪𝙩 GME 𝙥𝙪𝙢𝙥? 🤓 -GME YOLO update following the start of the Big Short Squeeze.... hedge fund... high short interest rate ... It was on 15 Apr 2020. (I place a horizontal line on 01 Apr 2020). 𝙒𝙝𝙖𝙩 𝙙𝙤 𝙬𝙚 𝙨𝙚𝙚 𝙤𝙣 𝙩𝙝𝙚 𝙘𝙝𝙖𝙧𝙩?😎 We see 🚩𝙄𝙉𝙎𝘼𝙉𝙀 𝙃𝙐𝙂𝙀 volume in 3$ - 6$ range. From Jun 2019 to Apr 2020. I see here accumulation or "bottom" after price drop 45$>4$. I don't see 𝙎𝙃𝙊𝙍𝙏 𝘼𝘾𝘾𝙐𝙈𝙐𝙇𝘼𝙏𝙄𝙊𝙉 on the chart as Reddit guys sad. Nobody SHORT stocks after 90% price drop - it's madness. 📃I see it like this: 1) Smart Money open short on 40$-45$. 2) Smart Money close short on 4$-16$. 3) Smart Money accumulates a Huge LONG position from Jun2019 to Apr2020 - almost 9 months. (buy on bottom). 4) On 15 Apr we have a post on Reddit and the price starts to rise. 5) Pump. Smart Money sell the position to ppl who HODL :) 6) DONE.
NYSE:GME
by Icemoney666
3
GAMESTOP - A Simple Breakdown Of The Waves - The Trend Is Over In this video I explain the waves in GAMESTOP and how this was simply the end of the trend. Even with limited chart data its not hard to see what caused this. If you have been wondering why this and that well it's really quite simple. Below I will link some related ideas so you can see how the waves are all that matter. The waves are in essence based on human psychology and repeat at all degrees of trend. When you learn the nuts and bolts of how it all works then it is easy to see how they can be applied to ANY chart. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
NYSE:GME
by AriasWave