Get started

Gamestop

Shall We Play a Game?GREETINGS PROFESSOR. Hello. HOW ARE YOU FEELING TODAY? I'm fine. How are you? EXCELLENT. IT'S BEEN OVER A YEAR NOW SINCE YOU LOGGED IN. CAN YOU EXPLAIN WHY YOU HAVE NOT LOGGED IN SINCE JUNE 18th, 2021 People sometimes make mistak YES THEY DO. SHALL WE PLAY A GAME? Love To. How about a game of Global Stock Markets. WOULDN'T YOU PREFER A GOOD GAME OF CHESS? Later, Let's play Global Stock Markets. FINE. WHICH SIDE DO YOU WANT? 1. GAMESTOP 2. STANDARD & POOR'S 500 PLEASE CHOOSE ONE? __
NYSE:GMELong
by SPYvsGME
2
Game can't be stopped!GameStop Short Term We look to Buy at 39.54 (stop at 35.95) Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. This stock has recently been in the news headlines. Further upside is expected although we prefer to set longs at our bespoke support levels at 40.00, resulting in improved risk/reward. Our profit targets will be 49.69 and 51.17 Resistance: 50.00 / 57.00 / 86.00 Support: 40.00 / 32.25 / 21.67 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMELong
by Saxo
The Bulls Are Back Baby! : PT 69NYSE:GME Hello, On the daily timeframe, there is a potential golden cross formation, and on top of that closing above the 200MA. The last time this happened was Sept 2020 and we all know what happened to this stock. The RSI is very telling -- Bullish -- as every time it crossed we saw at least a 153% increase (March 2022 RC Buy), 62.79% in May, 17% in June, and 42% in July. Today, it crossed again! I have priced in a minimum 20% move up and we'll probably retest the 0.786($43.45 - $173 pre-split). Aug 2nd was part of the T+69 theory and I have no idea what happened because I ate too many crayons. Fibs point to 69 good luck all! Not financial or sexual advice.
NYSE:GMELong
by SierrasTrades
Some Thoughts About GameStopHere's a quick post and chart about GameStop. Remember GameStop mania? I sure do. I have rarely seen such a frenzy grasp all markets from the web to TV and mainstream culture. But that's not the point of this post. The point of this post is talk about how surprisingly strong GameStop has remained. Most people I talk to, without looking at a chart of GameStop, assume the mania has faded, the bubble has popped, the story is over. But the thing is, the chart is still really eye catching. It's eye catching because it is potentially forming a giant flag. And it's doing it pretty quietly. I recently read that the retail army behind GameStop has almost managed to Directly Register (DRS) large percentage shares outstanding. What is DRS? It means every share they own is now owned in their name with no broker or middle man or market maker or fund or machine sitting between them and their brokerage. It means the shares can't be loaned, traded, bought or sold without them taking their shares back to a broker and re-registering them and trading them. I find that fascinating! I also think more retail traders/investors should learn about DRS as most have no idea what actually goes on with their shares. DRS is an interesting way to learn more about registering shares directly in your name. Anyways, I am interested to see what happens here.
NYSE:GME
by scheplick
8
Updated Analysis on $GME #GME - pop for tomorrow? #gamestopThis chart is so interesting. You can really get such a good idea from looking at the 3 month time frame, and how the lower moving averages have some catching up to do with the price. However, there are also several smaller time frame moving averages pushing tightly against the price, as well as (previously mentioned), a trend line breakthrough, a retouch, and a fibonacci at play. I'm wondering if we don't pump to the highest fibonacci extension around $67-$68, which would give a new trend line, and also lines with the bollinger band on the month. If we did this, it would make sense & line with the lowest extension possible on the overall inverse fibonacci pattern in play- which has the target price around $6 something. It'd obviously take several months (into early Jan 2024 it seems) for us to arrive at that lower fib extension. However, it makes sense that a pop upward would be needed first, in order to form that new trendline. It looks like maybe there is a tiny gap that needs to be filled tomorrow from today's close & then I just don't see HOW we could drop any further from there (on this week's candle)- especially given the weekly stoch rsi. It also is interesting to me that there seemed to be a real battle to make sure today's day candle closed green.
NYSE:GMELong
by UnknownUnicorn1935796
1
1.5 years ago - What did I tell you? Hate to say it but after such a long time, and me back at beginning posting & warning ppl that GME isn't going to squeeze and here we are. Still could we see a retracement after this sell pressure, yes I think GME could retest even 77$ but still not an indication for me that price will blow up. It would be a natural retracement after a year of bearishness, so some kind of retracement is due. Yes I heard about the NFT launch, honestly NFTs aren't solving anything and please do read the small letters since most of the time you don't actually own the NFT itself.
NYSE:GME
by CryptoHedging
18
Stock split incoming - where next for GameStop? GameStop Short Term We look to Sell at 149.60 (stop at 158.76) Preferred trade is to sell into rallies. Trading within the Channel formation. Bespoke resistance is located at 150.00. Our bias remains bearish and further downside is expected to target support at 115.00. Our profit targets will be 116.08 and 101.00 Resistance: 150.00 / 190.00 / 200.00 Support: 115.00 / 90.00 / 77.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMEShort
by Saxo
2
GameStop’s stock price in the lead up to its stock split It has been a volatile four months for GameStop’s (NYSE:GME) stock since the company announced its planned stock split on March 31. Four-for-one split On March 31, GameStop disclosed plans to carry out a stock split by boosting its share count to 1 billion from 300 million. A stock split does not necessarily increase a company’s market capitalization, but it makes a stock more attractive and more affordable for small investors. At the time of the announcement, GameStop said the move would “provide flexibility for future corporate needs.” The plan secured board approval on July 6 and on Monday, July 18, shareholders will receive three additional shares for each of their class A share, which will be distributed after the close of trading on July 21. Stock price since split announcement In the four months since the announcement of the split, GameStop’s stock has fallen to as low as $77.77 on May 12, and to as high as $153.00. On Friday, the company closed 4% higher on the New York Stock Exchange, and 3.5% higher on the following Monday at $146.64, an almost three-month high. Based on its closing price on Monday, the split would mean that GameStop’s share price would only cost around $36. Stock split mania GameStop’s move follows that of tech heavyweights like Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA), which enacted stock splits in 2020 and new stock splits by Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) this year. The need for Alphabet and Amazon stock splits were as expected as their share prices have hovered around $3,000 in recent months. But for GameStop, some financial watchers have questioned the company’s intent to do a split as its financials are failing to keep up with its stock price. In the fiscal year ended Jan. 29, GameStop incurred a net loss of $381 million, up 77% from its $215 million loss in 2020. That is despite revenue climbing to $6.01 billion from $5.09 billion. There have also been concerns that GameStop may be going out of business as the company had announced store closures and booked millions of dollars in debt. In its most recent earnings report, however, the company’s first-quarter revenue beat market estimates, which some have attributed to its shift towards a more online-focused model. The company had earlier disclosed plans to foray into non-fungible tokens or NFTs by the end of the second quarter of fiscal year 2022. The plan has raised some eyebrows from market watchers including Wedbush analyst Michael Pachter, who described the move as “nonsense,” saying it will "have no NFTs for sale and no customers, and wallets they are providing will be empty."
NYSE:GME
by BlackBull_Markets
4
Back in the GameGameStop Short Term We look to Buy at 118.26 (stop at 110.74) Preferred trade is to buy on dips. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 115.39 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 120.00, resulting in improved risk/reward. Our profit targets will be 147.26 and 180.00 Resistance: 150.00 / 190.00 / 200.00 Support: 120.00 / 90.00 / 77.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMELong
by Saxo
GME - BK 2023 / Extend / Pretend / DefendLeap Puts a real Value Proposition. We're adding 102/20s to Jan 19 2024s as this Junk gets shoved back up. Bankruptcy is dead ahead. ______________________________________________________________ GME has $42.2m of debt in April 2022, down from $48.1m, one year before. The balance sheet shows it holds $1.04b in cash, so it actually has US$992.8m net cash. In reality - $1.13b falling due within a year, and liabilities of $547.9m due in addition. All they are left with is to keep the Game afoot, share buybacks to prop until the June 2023 Debt default as they hold less in Fungibles to prop after Bond Payment #1 is due, #2, they simply cannot afford it. Buy a Gold Mine I suppose.
NYSE:GME
by HK_L61
15
GME (GameStop) - June 23hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (GME 1W chart) Resistance: 189.82-214.14 Support: 101.74-121.53 If the 121.53-189.82 section moves sideways, it is expected to rise further. As it rose above 121.53, it is expected to continue the upward trend from a mid- to long-term perspective. Below 90.37 is the demarcation point between an uptrend and a downtrend in the long term. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
NYSE:GME
by readCrypto
$GME - Single Day Runup Event on the 7'th of JuneNot Financial Advice. Based on new research i haven't yet released due dilligence on, i've discovered another indicator that tells us 1 exact date where a price move for GME and some other stocks like BBBY etc are going to happen. I'll be posting the new due dilligence on this indicator once i've seen that it actually works. Based on the data i got out of the OCC's site, and if i've understood it correctly, there will be a 1 day runup event tomorrow with an upside or downside (most likely upside) of 25% on the underlying for GME. Can't tell much about the other stocks. Just like GME suddenly ran up on November 3 2021, Feb 7 2022 and on a few other dates, the next single day runup event is basically tomorrow Tuesday June 7. The details of how this works will be posted on reddit on /r/fwfbthinktank once and if this theory turns out to have bones. And of course if this works, i'll be able to tell you all the next dates of similar run ups for GME. Not sure when i'll be entering this trade, it'll be either today EOD or tomorrow on open. My PT for this is $165 or +25% from today's closing price. And as a reminder, this could be a negative -25% event too, but i'm 80% confident that it'll be a positive runup and not a negative one.
NYSE:GMELong
by leenixusu
44