Trade Gamestop like BitcoinYou can trade gamestop like bitcoin. This is pure speculation much like bitcoin/crypto markets. We know bubbles pop, but how much higher can it go? I think this can go up some more.
If gamestop has a massive drop of 80% I would short the recovery. Otherwise pretty bullish.
Gamestop
WE LIKE THE STOCK (GME END GAME)Okay, on a more serious note, if you have made life changing money from holding on to GME, for the love of god please take some profits. Pay your bills, mortgage, help out your family or someone in need. I am saying, nobody really knows where the top can be, or if the squeeze is even completed. For all we know Melvin/Citadel already drove the price into sub $100 range closed their positions. You've already done well, you've held and gave wall street the middle finger. Don't let them fuck you again by letting huge amounts of money go down the drain. This TA is simply based on fibs and EW, and is a total crap shoot. I'll pat myself on the back if it actually plays out :D
#PUMPXRP Are you attending? As many of you interested in XRP may know that tomorrow there is an event, that is supposedly leading people to buy XRP at one moment , resulting a strong spike to the upside as all the sells walls will be bought at once.
This event should supposedly happen at first of February ( tomorrow or 1.2.2020 ) at 1:30 PM UK time.
It's unknown who is the former of this event, but it may seem a bit sketchy , as if someone bought XRP low, around $0.20 and want to sell tomorrow ( at the time of the event ) to yield from the price spike.
It doesn't have to be a whale in particular, but it could be. As there is a lot of hype followed by GameStop buying and Doge buying.
So is there really something sketchy going on?
Well it may not actually be the case.
As you may know Ripple company had a lot of problems with SEC, which decided to BAN XRP from American Exchanges. This ban resulted in a very strong drop and seen a very strong spike in short positions.
What I think, this is a gang-up against SEC and XRP short contracts, to liquidate the biggest XRP manipulators, that may have to do something with the SEC ban.
So whether you are attending or not, we are for sure a witnesses of a retail investors (us) against a intuitional investors that moves the market to their liking, leaving us mostly in a loss.
Just imagine the world, where it would be impossible to short Bitcoin or any other cryptocurrency. Do you really think we would see such strong moves to the downside? For sure there would be profit taking, but not selling at one specific time for the good of short positions.
That's my opinion, what's yours about this whole XRP situation? Let me know in the comments.
Use the resistance levels as your take profit levels if you are looking to trade, same as I do.
Thanks for your time and good luck trading!
Tibor
The Black Penguin Waddle of 2021
The chart is one possible visualization of the confluence of unpredictable high-impact events. For example:
February 24th, 2020 World Health Organization declared the COVID-19 outbreak a pandemic and warned that "much of the global community is not yet ready, in mindset and materially,.." Over the following eleven months over 2 million lives were lost globally, more than 430,000 of the US.
Wall Street hedge funds lost billions by betting against a group of amateur day traders who banded together on social media to execute a short squeeze. They sent shares of depressed companies like ( GME ) GameStop and AMC ( AMC ) up into the stratosphere, hurting the billionaire hedge funds that bet against those stocks. Called by some "The Grand Awakening" It was an unprecedented attempt to compete with the pros on Wall Street. The action raised questions of equity and policy reform to ensure a more level playing field.
1) The Black Penguin evokes the Black Swan* symbol from the 2007 book by author and former options trader Nassim Nicholas Taleb. The symbol of the Black Swan represents the extreme impact of rare and unpredictable outlier events.
Where Will r/WSB Send XRP?This Idea is Based On The XRP Pump Group, Which now has over 220k Members..
Not Financial Advise*
Looking For Price To Hit 1.272 & 1.618 Fib Levels Based On Our Fib Channel!
Will Take Profits @ price targets as we expect prices to correct*
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How to profit from the next WallstreetBets Gamma SqueezePraise Wallstreetbets
How to profit from the next gamma squeeze?
Diversify into Stocks with strong short interest (Short Ratio) and watch WSB Discord + Reddit.
Why?
Because GME had about 120% short interest and after further investigation from WSB they found out that one of the major market participants who was shorting was Melvin Capital.
What helps is to just ask yourself which garbage company everybody knows but nobody understands how they stay afloat.
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Quick thoughts on GameStopI am not in GameStop to make any money. I purchased some shares of GameStop to make a point. To be real, in the initial hype I did not think anything of it, but post the Lord of the Sith shutting off access to Retail from buying... I saw the rules of the game break. Totally unpresented. In all of these years trading I have never seen a company only enable selling of a company. In the markets long history, if a commenter is aware of this happening (I'm sure it has had to happen at least once?!) please inform the community along with what happened post that?
This is really an amazing time in history and this position is monitored with upmost risk mgmt where it was burnt money in my mind before I longed it. I'm not selling, those shares are already burnt in my eyes. I'll hold them forever just to make a point.
When there are documentaries of this, if this position burns up and gets nuked. That fire will do nothing but warm my heart. I'm not recommending longing GME for any gains. I am longing it because of just principal post the rules changing mid battle.
GAME STOP HALKBANK $HALKB #HALKB Ipo price was %1000 more in 2008 ..
this GAME MUST STOP..
American BANKERS Wallstreet bankers shorted this stock to zero....
Lost %93 of value....
%1000 first ipo value
%1600 second ipo value.
%1600 gain can be... but must made by FREE PEOPLE...
Rise against wallstreet
WARNING! The biggest short seller of is “Goldman Sachs Hedge Industry VIP ETF” and I don’t know the other ones. But this one for example holds a lot of healthcare stocks (for example Change Healthcare Inc CHNG). So by buying GME some healthcare stocks, paypal, apple... etc. get at least under pressure. And a lot of stuff is invested in this etf. I couldn’t do the full research but higher prices in GME could destroy your saving on the bank or life insurances or… so nobody knows who really wins with higher prices. Maybe somebody can research that who really is losing here Please, before everything is to late. Maybe this was even on purpose to get rid of unpaid bill to the “regular” people. This ETF goes bankrupt and all the invested Money in this etf is gone! Can someone please make a full research! I wasn’t able to find it!
Just For Fun - What if you Risked 1000 bucks on GameStop in 2020Just for Fun, But You have to “Be In It To Win It” – Video walk through of GME Gamestop using the #xBratAlgo. On all of my videos I talk about entry and then trade management with our EMA Cloud. The 6* BUY signal from Summer 2020 on GME never took out the stop with EMA Cloud! Only Risking $1000 on this trade would have netted over $30 million Dollars…. #Crazy.