$PENN Adding to Watchlist$PENN with a nice bounce right off the volume shelf there. Could be a good place to jump in.
Gaming
CRSR Run Up into EarningsThey crushed last earnings. Logitech is doing great. The company has good products with outstanding reviews (look at Amazon). They're growing quick, and more people are gaming during quarantine.
Also a beautiful channel is forming. I picked some up when it bounced off the bottom. I'm expecting a run up into next earnings.
I'm still learning a lot- this is just for fun for me to see how well I do.
Longing on ASX:BET - uptick started todayThe ASX market appears to be heating up.
Following on my other thesis on ASX marketing such as ASX:APT , ASX:CCP and ASX:Z1P , the other pick which I expect to see a lot of actions is ASX:BET .
There are a few catalysts for BET during the few weeks:
1. It has just completed a round of SSP with over subscription hotcopper.com.au
2. Its price action has started an upward trend ever since the Dec 2nd with large transaction vol on that day, and showing consolidation ever since.
3. Contrast with the Gaming/Online Sport books in the US market, most of which has gone up 30-50% since Dec, the deregulation of online sport betting in the US market should benefit BET as well.
4. The upward candle of Jan 21st apparently is testing its all time high at 0.795.
I am expecting BET to hit the 0.995 range before its earning release on Mar 2nd.
Full disclosure, I put my $$ behind my thesis and just built a position @ 0.77 with a 10% stop loss @ 0.7.
GME: Highly Shorted Name That Has Exponential Upside Potential GME ripped to the upside (44%) when it announced its revenue sharing with MSFT. I believe that the highly short brick and mortar is poised for another breakout to the upside once it breaks out of its trading channel. I want to buy Jan/Feb 21 $15Cs. I want to be a buyer of those calls when the stock is trading below or around $11.
Bullish Short corsair post earnings price projectioni can see this consolidating towards the 35 support level and re consolidating over the next couple weeks to make a build up. as u can soo top resistance has been getting rejected with signs of strong buying on the support. as long as earnings beat again i see this hitting a price target of 62$ exit. will enter between the resistance and support to gain a better position. exit price of 62$ stop loss at 44-48$
ATVI road to $100 first stop $92.93ATVI broke the monthly trendline since IPO ($88.55). I would ove one last tap to $88.55 before I start to scale in. It should have an er run up as well. Pennant looks nice. either wait for a tap at $88.55 or scale in once it breaks above $90.82 NASDAQ:ATVI
^ Monthly and Weekly chart posted.
COCOS total supply reduction24 BILLION buying volume in 1 day . JANUARY 19th total supply will go from 100 billion to 100 million .
GET Ready for a huge pump
TSCRF - Score Media & Gaming - The Next Big Thing? HODL?TSCRF - Score Media & Gaming
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Long Entry on Pullback to 1.87/1.62/1.43
Possible FOMO on volume & breakout
Adding on Pullbacks near bottom of channel
HODLing
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
GameStop Soars With Activist Ryan Cohen Gaining Board SeatsGameStop Soars With Activist Ryan Cohen Gaining Board Seats
GameStop Corp. jumped after activist investor Ryan Cohen stepped up his transformation efforts at the struggling video-game retailer, gaining a seat on the company’s board along with two allies.
Cohen’s RC Ventures -- GameStop’s second-largest shareholder, with a 13% stake -- has been pressing the Grapevine, Texas-based chain to undertake a strategic review to cut more costs. Cohen, the entrepreneur who helped build up the Chewy pet-supply site, also wants GameStop to increase the variety of products and services it offers online.
“We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets,” Cohen said in a statement Monday.
The stock rocketed up 210% last year on hopes that it would benefit from the release of new video-game consoles. GameStop lost some ground in early December after reporting third-quarter sales that missed estimates and announcing plans to sell more stock, but it rebounded toward the year’s end.
Along with Cohen, Alan Attal and Jim Grube are joining the GameStop board. Both men worked with Cohen at Chewy.
That news seemed to overshadowed a disappointing holiday sales release from GameStop, GameStop reported a 4.8% year-over-year increase in comparable-store sales for the nine-week holiday period ended Jan. 2. Coronavirus-related losses of store traffic knocked a high-single-digit to low-double-digit percentage off those sales, the company said, and net sales dropped 3.1% to $1.77 billion.
finance.yahoo.com
GameStop CEO George Sherman said in the news release that “together, we have reached an outcome that is in the best interest of all stockholders and can enable GameStop to accelerate efforts to deliver enhanced value for the company.”
Excitement that Cohen can help turn things around was compounded by the stock’s high short interest, estimated at about 58% of shares available for trading, according to data from S3 Partners. That’s left the stock primed for a short squeeze. But the rise of digital game downloads amid declining earnings necessitate a bold new strategy.
www.barrons.com
6F6, Taking off right now. The 4-hour chart shows a compression and a M7/M20 cross-over signal.
A decisive close above €0.5 on a monthly basis shall release a potential to €1.1 and €1.6.
Company is in the gaming sector and show significantly improving financials.
Gaming has just started breaking out and SKLZ is going to flyGaming sector has just started moving and about to breakout . SKLZ is going to be one of the leaders . Great bullish chart . ARK has also added this to their portfolio .
Finally Microsoft $MSFT looking goodToday Microsoft NASDAQ:MSFT is up +2% above its 20 day and 50 day MAs. Also, is looking to breakout of a resistance in $216.5 after its third higher low. This are all bullish signals for the stock. But there is still another pattern to be broken so that NASDAQ:MSFT can keep going up in a strong uptrend.
Depending on the close I'll buy and then when it breaks out of the midterm flag pattern (purple area) I'll buy more to have a good Dollar-Cost Average strategy.
With the news about a new partnership with Nintendo OTC:NTDOY and Sony NYSE:SNE about Safe Gaming, could have a good impact on the stock price
Quick Look at CorsairI like $CRSR as a company, and they are bullish but waiting for a pullback to take a position
CRSR LONGHello all!
Corsair Gaming is looking mighty juicy after reaching ATH at 51.31. I am expecting a 0.618 up to a 0.786 retracement after the recent dip from the ATH.
Technical breakdown:
High EPS: Bullish
Volume Profile: Bullish
Fib retracement: 0.382 more run up before reaching the sacred 0.618 zone
MACD: Potential crossover, bullish
General market incentive: Bullish
Price target: 44.14 - 47.33; short term (1-3 months)
PENN count updateBeen awhile since I've looked at this one but its looking good over previous high.
minimum target is 112 and 159 would be in top range for this. Micro started to outpace larger degree it appears. want it to stay above ~$80 now
$GOOOD Pete Ross Phil Hellmuth Dan Hamilton Mega Team Pete Ross Baseball Hall of Fame Phil Hellmuth Poker Hall of Fame and Dan Hamilton UFC has joined the $GOOOD team for the upcoming company events in Online Gaming and Gambling.
Winners, Inc., through its subsidiary VegasWinners, Inc., is engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of sports handicapping arising from the 2018 Supreme Court decision that States have the right to approve sports gambling and the resulting State by State rapid approval of sports gambling.
vegaswinners.com
News out earlier today:
Dan Hamilton, MMA Prognosticator and Oddsmaker, Joins Winners, Inc. Subsidiary VegasWINNERS With UFC Handicapping Guidance
www.accesswire.com
EA over 128.70This name has not been able to catch a break, even on good earnings, but could rally along with the rest of the gaming sector which looks to be heating up into the end of the year.
ZYNGA - VERY SIMPLE AND STRAIGHTFORWARD NASDAQ:ZNGA make or break moment for Zynga. Either bounce off blue line to the stratosphere or get your shovel out and start digging a channel to China. #zynga #gaming
$AMD BUY NOW? OR WAIT?Breaking down AMD in this video to see were we might head! Im off to take a nap!
