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GME

Some Loopring Hopium: $11-$15 peak of this cycleIn the past year, LRC has gone through 2 peaks and dips. - Fib retracement puts top between 1.6 and 2 on the next peak - Each dip crashes pretty extensively - If pattern continues, next peak could be between $11 and $15 then crashing hard. Caveats - Different market conditions (very volatile, crypto is suffering a major correction) - Price is hard to push up in higher Market caps (could only top at around $10). - No GME, doubtful it has any momentum to reach there
BINANCE:LRCUSDLong
by euphoricSeahor60640
1
Storm Over?I updated the GEX indicator this morning to include puts & calls so you can visualize the changes in gamma exposure. If you want to see other tickers, head on over to www.spyvsgme.com . Once I’m happy with the indicator I will publish the source code. What I keep seeing is the puts building up lower (80 strike) bringing down the gamma zero strike which is now dropped to 100. With prices creeping up back over 100 yesterday, it could mean less volatile price movement as positive gamma exposure is typically less volatile. Keep in mind, the overall SPX & NDX are still in very negative gamma so it's likely there will be more choppy waters ahead. This leads to great opportunities for traders with their head & shoulders upside down. Yesterday the intraday on SPY presented an inverse head and shoulders that paid out exactly to the 161.8% fib extension. Futures are all over the place this morning. GME seems to be weathering the storm. It's kind of poetic, that nearly 1yr ago, I was mocked for telling everyone on WSB that I thought the fair value for GME was $100 given everything that happened. One interesting development I noticed yesterday was CHWY was positive and ran 13.7%. Curious what the sentiment shift is in relation to GME anniversary. Is it possible shorts were covering to balance losses in other tech like NFLX and AMZN? It is an interesting correlation to say the least. Not financial Advice.
NYSE:GMELong
by SPYvsGME
2
Gamestop - MOASSIdea for GME: - The MOASS is here. - There is a global shortage of both US dollars and high quality collateral for debt (10-year US Treasury bonds). Why would the dollar be rising despite the high CPI prints? It's simple. To borrow, one must have collateral. - CS's Zoltan Pozsar explained in Nov. 19th Global Money Dispatch that currently, this demand is caused by Europe. "the ECB bough too much , reducing net supply via QE, and it topped it up with TLTROs... This week, the collateral shortage in Europe spilled over into the FX swap market: on Tuesday it became cheaper for a euro deposit holder to pay a premium and swap euros for dollars and buy Treasury bills with those dollars than to buy German bills." - While I won't go into it, it is speculated that Citadel has a great short exposure to 10-year US Treasury bonds, through their repo market arm, Palafox. May or may not be true, but it is evident that someone (probably every hedge fund) is short USTs and they are also short GME. GME by extension is a bond market volatility proxy. As long as the correlations hold, it can be traded. - What is also true is that Large and Small speculators are record short 10 Year T Note futures, while commercials are record long. Bond market volatility is reached a level where VIX was trading at 50+ previously and is higher now than what it spiked to during GME's first squeeze to 500. Somebody is about to get to get blown up. Bond Market Options Volatility (MOVE) leads GME by 15 days. Timing of MOASS, Dec.3: GME losing correlation with IWM and gaining correlation with VIX and USTs (new regime): You might get one more smash down (I expect a smash in bonds in a risk parity event before a squeeze), but I am confident this is about to happen. I'm not even going to give a price target, but it's over 4 digits for certain. When I did analysis for my AMC trade, I correctly read the psychology of the large market participants, after reading into it more and connecting the dots, turns out they were BlackRock and Citadel: If you are short GME, do you even know who is on the other side of your trade? Retail "apes"? No no no! BlackRock, who manages the US assets of foreign sovereigns, and ICBC China, with a 100% correlation to GME. China is about to enter an easing phase: GLHF - DPT Causation always produces a correlation. Liquidity takes time to flow through the economic machine.
NYSE:GMELong
by UnknownUnicorn1043646
10
GAMMA GAMMA GAMMA GAMMELEONBoy George this week has been nuts. I haven't had as much time to work on the GEX tool as I had hoped but I did get some work done on testing it. Check it out at www.spyvsgme.com A lot of gamma exposure rolled off this week and brought the gamma zero strike from 140 down to 125 and a 2.3M GEX. Price target of 125 this week seems reasonable as total GEX has rolled positive. Could see some relief rallies next week in the indexes as a metric ton of negative gamma exposure rolled off indexes and big names like Tesla. Gamma Zero targets for next week look this GME 104 -> 125 TSLA 936 -> 1045 AAPL 161 -> 165 SPY 437 -> 465 FOMC next week, if JPow remains hawkish we could see even deeper sell offs on indexes. In that case I would be looking for lower targets. SPX still has nearly -1B GEX GME 104 -> 100 TSLA 936 -> 900 AAPL 161 -> 160 SPY 437 -> 425 Not financial Advice. Just GEX
NYSE:GMELong
by SPYvsGME
1
Let's play the GaME!GameStop broke this triangle 📐 up, and I think there is chance for run to 605 USD and even higher. Just bought the pullback to the BUY level, which is previous local high now acting as support. Let the game begin! 🎮 ENTRY : previous local high @ 189.33 SL : local low @ 136.5 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 605 RRR : 8 INVALIDATION : when SL level hit Like👍 & Enjoy🍿! #GAMESTOP #GME #STOCKS #WALLSTREETBETS #WSB #SHORTSQUEEZE
NYSE:GMELong
by bizmark
16
You are all looking at the chart wrong.A description is worthless at this point. We all know why we’re here. Buy, hold, DRS. You can all believe what you want, but in the end, everyone who truly believes in the stock is already DRSed and holding. We are just waiting for the fun to begin :) Thanks for the discount hedge funds. Time to load more. GameStop could visit 50. It probably will. But that is when I will load the absolute most I can into this stock. The ultimate discount. We know where this stocks price will be in a year. Thanks for making me a billionaire off of chump change and Diamond hands Mr. Griffin. Btw you lied under oath. Enjoy H-E-double hockey sticks
NYSE:GMELong
by Trexarch
12
$GME - February Runup UpdateSame idea as before. Runup is February 22, but there's gonna be an additional runup on February 7-9 for reasons i won't discuss yet. I think the chart i'm displaying here could be quite accurate for the next GME runup. For now i'm making this as a placeholder/proof for when the time comes as well as a test for this theory for myself. Warning: The 22 Feb Runup can start as early as Feb 17 and can last for 1 day or a few days and may end on Feb 23 or go on for longer. Warning: The Feb 7-9 runup is still theoretical and waiting to be proved. Not financial advice. Because literally i'm not a financial advisor and this is literally not financial advice and you should be able to make your own financial decisions. Does this even have to be said? Yes...
NYSE:GMELong
by leenixusu
21
The Bullish Loopy-Doopring Structure and Downside Risk (LRC)Newer crypto buyers are given a lot of criticism for not looking at token supply or market cap. A coin's market cap is calculated by multiplying its circulating supply by the price. As I just did with CRO, this can help make some comparative market analysis to try and figure out what the "fair value" of something is. This is a concept that exists in other markets, such as real estate, but can be applied to this market in order to make "educated" price predictions. Here's my reasoning. Loopring has about 10x the supply as Omisego (OMG), and is currently ranked higher in market cap. LRC has close to 1.4 Billion coins. This is somewhat of a similar token supply to Uniswap (UNI), which has 1 Billion coins. Uniswap is currently trading at just above $20. So, perhaps, LRC can achieve a price target of $10+ if it breaks into the top 20 by market cap. But I do not think this would be likely to sustain. See OMG from the 2018 peak. These coins have similar use-cases, but LRC seems to have gained a lot of attention recently. OMG faded into obscurity during the bear market and dropped by as much as 99% in value from $30 to $0.30. Yeesh! INTERESTINGLY ENOUGH, LRC's recent peak is pretty close to Omisego's 2018 peak, in terms of market cap. Can a layer 2 coin like this achieve a higher market cap? Not so sure. I don't doubt that the protocol is useful, but does the token itself have much value? The ascending broadening wedge on my chart shows expanding volatility as price goes up. It is very rare for something to break out of an ascending broadening pattern to the UPSIDE, but should LRC breach the resistance, it can perhaps make one last run towards $10-20. Otherwise, LRC is in danger of falling significantly back towards the middle of the wedge at least, putting it back in the low $1 range. There is shallow support near $1.90 as well. Perhaps LRC can also test the top of the wedge again at a later date (marked by a speculative green X), at a slightly higher price, once things have cooled off a bit. Holding current levels would also be a good sign, since this is the 2017 all-time high. But one issue here is - even with all the GME-like hype and excitement, it's only resting at the previous ATH? It managed to get to this point in the last bull market for apparently no reason at all. Crypto never ceases to amaze. So far, this bull market has been relatively tame compared to 2017. For instance, XLM went from 1 cent to 90 cents in just several weeks back then. Let's see what happens! This is meant for speculation and entertainment only, not financial advice. -Victor Cobra
COINBASE:LRCUSDShort
by VictorCobra
13
Game Over for GME? GameStop - Short Term - We look to Sell a break of 118.66 (stop at 132.19) Rallies continue to attract sellers. Daily signals are bearish. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. We look to set shorts in the early trade. Our profit targets will be 62.74 and 42.00 Resistance: 160.00 / 200.00 / 250.00 Support: 100.00 / 50.00 / 40.00 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
7
GME - Idea Nr. 2As the last GME trade worked out nicely. () My next plan: Scenario 1 Planning to buy tmrw some GME. Target is the recent high (25.08% from the current price) No Stop- Loss. Will hold longer Scenario 2 Buying more GME at the s/r level (blue line) if price should fall lower. Same target as scenario 1. No SL aswell. Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor. Thanks for reading! trader_se
NYSE:GMELong
by UnknownUnicorn1541497
1