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GME reached important support levels. Is the bottom in?GME reached the 200 MA on the 8h + extended hours, it hit the S3 weekly, the diagonal support, a VP HVN and it managed to get into an area that was previously resistance (currently turned into support). So to me this either is the bottom, or GME is in trouble. This is a massive combo and the structure of GME in the long term is still bullish. In my opinion the double top at 340 has a change to break and is what has me quite bullish. Of course there are several issues in the global economy, meme stocks haven't been doing well and so on... but this doesn't mean that we can't see another big rally. That requires that things don't crash right now and that we stay in a bullish environment for stocks... which over the last few weeks/months has been turning bearish and mostly favoring large caps. Going long here isn't a bad choice imho with stops below 160, otherwise wait for the market to close above 220 to start looking for longs.
NYSE:GME
by BitcoinMacro
9
Gann Fann Appreciation Post, plus a word on CharityI just started messing around with this little tool in the last month or so, and it's really interesting what it shows. Kind of incredible, really. There's an amazing amount of shadiness happening in the background with $gme, so predicting price action in the short term is going to be difficult. All I can say is that this isn't going to be comfortable for individuals or institutions with over-leveraged short positions. How long it might take is hard to say, but this is going to be historic one way or the other. For all apes hodling with diamond hands, I'm really impressed with you all. You're really doing an amazing thing and your fortitude commands a lot of respect. I love that you're adopting gorillas, buying game consoles for kids in hospitals, and all the other good things I see you doing. If I have the good fortune to realize the returns we seem to have coming to us, I'm going to donate to three charities. If you are looking for good ones to give to you might consider these: innocenceproject.org : This is an organization of attorneys pushing for wrongly convicted people to have their cases reviewed and get them released. It's an expensive undertaking, and they need help. Fight Malaria through www.givewell.org : The cost of saving a human life has been discovered. You can do it, too. Nowhere near as expensive as you'd think. For more info, this article is pretty good medium.com www.stjude.org : This one is pretty famous, but their work is crucially important for research into the prevention and treatment of pediatric cancers. Hats off to you, apes. Hold the line. We go moon.
NYSE:GMELong
by Incogniteaux
A possibility...So, the red key there I put next to a segment of red line. When it comes to these pennant continuation patterns, my understanding is that when they complete they go up by roughly the measurement of the left side (flat side) of the pennant. That segment of red line is the same length as the green arrow over on the right. What I'm thinking is that the pattern might complete at some point along the horizontal green line above the pink arrow, and from there go up roughly as high as the length of the back of the previous pennant. Just thinking out loud here, folks. Happy to hear your thoughts!
NYSE:GMELong
by Incogniteaux
GME's New BasementI'm going to start off with, I told yall so. Now that that's out the way, we are leaving my area of expertise. I got a warning placing a trend line alarm that I should switch to log, and that's when I realized I'm just along for the ride. After reading through everything I have, I fully believe this thing is going to the stratosphere and I'm proud to be along for the ride. My plan is to sell at 777 a small portion to cover most of this years expenses. I have a confirmed order placed for my wife's contribution to go off at 1,600. The rest is riding till I feel it's time to leave. This will be my last post on this until we get back to this range after, where I plan to put most if it back in. I'll update with sells. Goodluck, and happy trading. 172 @ 50.23 PT Infinite
NYSE:GMELong
by LemonKing
GME possible targets, 95% reached Wave 2Hi everyone, this retracement has been hard but in reality Wave had already retraced 95% of W1. Here a some potential minimum targets for the next impulsive. 161.8% : 216.20$ 261.8% : 259.75$ 361.8% : 374.58$ Minimum possible target for W5 will be IMO around 322.34$ Which you the best everyone, it's always easier to climb a mountain with the wind on your back ! *The material in this post has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This post is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Crypto Kirby is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this post are subject to change without notice. Crypto_Mercy is not under any obligation to update or keep current the information contained herein. Crypto_Mercy may have an interest in the securities, commodities, cryptocurrencies and/or derivatives of any entities referred to in this material. Crypto_Mercy accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. Crypto_Mercy recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.
NYSE:GMELong
by Crypto_Mercy
2
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
NYSE:GMELong
by chillingeffects
2
GME Looking Lunar?I couldn't help myself, so I did a little TA on GME. It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty. The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds. Here is the 30min chart for a little more detail. This is an unprecedented situation, and I wanted to find as much objective reality as I could. It's what werewolves do. Owhooooo!
NYSE:GME
by Akamer-the-Werewolf
16