Get started

GME

GME Long Term Mega FlagWe have before us an ordeal of the most grievous kind. We have before us many many long months of struggle and of suffering. You ask, what is our goal? I can say: It is to wage war, by buying, holding, and then buying again with all our might and with all the strength that God can give us; to wage war against the shill and suits that bend us over everyday, never surpassed in the dark, lamentable catalog of human crime. That is our goal... GME has been the most frustrating, Challenging, and possibly the biggest trade I've ever been in. That being said my conviction has never been stronger going into the rest of the year (Especially the short term outlook)... NFT market place, Stock Split Dividend. I'm adding to my position every week because I can. Nothing but time costs me to hold my shares, we will be on Banana Planet sooner than you think. I currently expect a continuance of bullish price action going into the split dat of the 21st, then a slight dump back down into support right before we make our final ascent into the atmosphere on the journey to Banana Planet :Price target $420 (Post Split) $1700 (Pre Split) Good luck to all my Apes, and to the Shill Shorts...I hope you get out before we burn your positions to the ground.
NYSE:GMELong
by Captain_Cam
27
AMC hasn't looked this good in 8 months The CM Slingshot Indicator for AMC has finally turned green. The last time it was green was November 29, 2021 (about eight months ago). The stock also closed above the 200 MA , which hasn't happened since Dec 8, 2021 (also about 8 months ago). I'm looking for AMC to close above around $23-$25 to signal a breakout of the macro descending channel. Also looking to see increasing volume. The next few weeks should be interesting....Not financial advice.
NYSE:AMCLong
by learywj
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
Channel Breakout Example Really solid example of how channel breakouts often retest resistance AFTER resistance has already been broken. I like to think of it as testing the buyers and supply/demand zone to see if resistance can now act as support which would confirm another leg up as we see in Uber. Good rule to follow is to not enter trades as soon as they breakout from a channel as the trend reversal is not confirmed by anything yet. we can see multiple channel breakouts where price did not continue rising once the channel was broken. Volume confirmation (increaising volume with increasing price) is also important when identifying true breakouts, nice highs when lower than average volume is generally a sign of price disparity defined as divergence.
NYSE:UBER
by chartxzy
AMD Earnings UpcomingDepending on the markets reaction to AMD's earnings after the close today, we could see AMD show confirmation of a breakout from this downwards channel. Relative strength sitting at resistance levels in respect to historical "tops", looking to see if a breakout in relative strength can also provide confirmation after ER. Directional movement also positive. Negative ER reaction I believe would continue AMD back within its downward channel to look for support near $87
NASDAQ:AMD
by chartxzy
4
$GME - August runs are comingIf you're already following me, you know the drill. It's about time for the quarterly runs for GME and Meme Stonks in general. I've identified +1 more mostly accurate date where some meme stocks (but not all) actually run. The dates you want are as follows: -These two dates are a set. There will be a decent single day run on one of these two dates. I personally think it's August 2. The only way this moves to Aug 8 is if some big market event happens between now and then. If you're gonna play this, at least don't get FD's and go at least +1 week out further. The moment you see the run happen, take profits from your long calls and get puts 2 weeks out while the IV is still hot for calls. If you wait and buy after the call IV and prices cool down, you're gonna be buying puts at not so very nice prices. You want to buy the reversal just before it happens, not after. *02 August (Most Likely) or *08 August (Less Likely) or both (Unlikely) -This is the regular GME quarterly cycle run we've talked about here since last year. The behavior is always slightly different but the critical part of the trade is always the same. Around the 23'rd give or take a day or two, GME will pop to something like $40 or $45 or more for a few days and then drop. Since everyone is aware of this at this point, i'd expect NO run on 23-26 as everyone's gonna be saturating weekly FD's instead of 2w or 4w out. This will cause the usual run just before close on Friday 26 Aug and a run into the next week due to call gamma having to be hedged in the last moments of the market. Then the T+1 from option settlement hits everyone on Monday but it really doesn't and it hits the market on Tuesday as per my previous DD on market mechanics. If you're going to play this one, be safe, due to degens playing FD's e.g same week expiring calls, the price may crab to kill everyone's FD calls and will instead move the week after. *23-25 August (Likely) *30 Aug (Likely) How i'm gonna play this event? -Aug 2 or 8: I'm a degenerate, so i'm going to get OTM FD's for Aug 2 on market open on the same day. -Aug 23-25 or *30 Aug: Been burned by the micro changes in these runs a few times so i'm getting OTM calls on the 19'th of Aug expiring around 9 of Sept. Additional Info: I have weird signals from DTCC's swaps indicating that this year's September 16 ish and next year's March and April have A LOT of $$$ expiring in swaps. I do not know what this means or what it will do to the markets. I have leap calls out to 2024 that are ITM to ride those dates in case something crazy good happens. That's why i'm not extending these August calls to September's OPEX and SLD period. I don't know what's gonna happen in September, but i just know something will. I don't know the direction. Here's an old version of what i wrote that explains my thoughts above. www.reddit.com Keep in mind the 23-30 Aug run applies to most meme stocks. I'm onboard with GME and BBBY on this since only the few top meme stonks tend to move both on the start of the month and near the end of the month. I don't do AMC. WARNING: I wouldn't buy anything right now as it's the period where stocks get knocked down. If you're going to play the above, wait till the last day before doing so. Buying from now will just burn a LOT of theta. NFA
NYSE:GMELong
by leenixusu
60
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
SPY Rejection: FOMC in the next hourDespite being positive on the day, we saw earlier price get rejected on the upper resistance trend line of our longer term downward channel. The gap up today was interesting, but I am curious to see how this plays out following the Fed decision. Since we have been declining from ATH's, this upper resistance trend line has shown multiple instances of rapid downward movement because of the trendlines significance. Fed decision may fill the gap up we created this morning. See related links to see the fuller picture and downward channel on a daily time frame.
SP:SPXShort
by chartxzy
3
XELA ready for the next GME and AMC ?!?!?!Exela Technologies XELA $927 Million volume today reminded me of AMC Entertainment AMC and GameStop GME before they went parabolic! XELA has a Market capitalization of only 58.56 Million, while their earnings last year were $1.17 Billion. Exela Technologies is a business process automation corporation that provides industry-specific and multi-industry enterprise software and solutions to more than 4,000 customers spread across 50 countries and employs more than 17,500 employees across 23 countries. 52 Week Range $0.092 - $3.54. now: $0.132 $927,439,905 Volume Today! My price targets are $0.415 and $0.73 to be conservative. It can also be a buyout for a big tech company that wants those international clients. I think XELA is the next GME or AMC. Looking forward to read your opinion about it.
XLong
by TopgOptions
8
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