GME
GME Launch Mapped!!Money Makers!
GME has been trading above the diagonal support shown nicely for a long time. This stock is looking to move up higher after the accumulation phase is over. I marked out all the key resistance areas with the possible percent gains. If the current support is broken, the next major support is right below $40.
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Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
HOOD Blast!!Money Makers!
Keep an eye on HOOD. There's a lot of ppl that are naturally watching this stock due to previous complications during the hype of a few other stocks we should all know about I think this stock is getting ready to move higher with a massive sell-off to support yesterday. It has a few areas that it needs to overcome before it's a clear path to previous ATH. If this previous ATL is broken, I'm not sure how low it will go but I would look for a retest of s/r before thinking of shorting. Time will tell. It's all about Market structure, Area of value, and Entry Trigger.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
GME: how high will it go?It looks like GME is moving towards a strong supporting line in a channel and a wedge. It has rebounced on this line before. If it does, how far will it go? No matter what, it looks like, there is a lot of upside.
I like to look at charts because I believe there is magic behind the numbers, when you can read the history, psychology and trends in the charts. I hope I can inspire and entertain, but I am not a financial advisor. Please do your own research.
Going Long on AMC Entertainment Holdings, Inc.As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future.
Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up.
Consolidation is a very healthy sign and signifies accumulation and demand zones in play. The longer the accumulation the bigger the rip upwards. From May until present day, we ripped and have been accumulating. I bet you can guess what it going to happen next. I’m bullish. I like the stock.
AMC - BIG MOVE AHEAD $20 OR BREAKOUT AFTER CONTINUED RETEST FAILAll,
I would watch AMC over the next two weeks. I think a big breakout is coming one direction. It's in a BAD spot here though. If this doesn't quickly break back up could see a big downside move again. However, if it can regain and go for a retest of previous highs/gap and somehow break 2nd level could see big gains.
They really just need to do a reverse split and get AMC to a low float stock then it would be over. They need to get the float down in some way or another.
WISH OPTIONS NEXT WEEK - WEEKLIESAll,
I think WISH hits $13 or $15 OTM then either:
A) forms head and shoulders
B) ascending bullish tri breakout to 17 range
Obviously undervalued massively shorted for whatever dumb reason.
LFMD - WAVE C ENDING - BUY SOON OR OPTIONS LONGER TERMAll,
LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation wise I personallly see LFMD at 14-18$ range and probably will go into 20's again from demand/lower float than most in category.
As always watch the entire market first and do not enter too early. Just wait for the stars to align and for the break up to happen. Also remember almost everytime on breaks there is the first wave up but wave 2 is almost always a better and safer entry (depends how fast it moves)
GME - BIG MOVE COMING - QUESTION IS WHICH WAY?All,
I think in the next two weeks we will see GME break under or break up hard to say right now there are some confluence supports, but personally don't suggest anything until we find the break or have options on even ration call/put then sell one once confirmed. Persoanlly I think it falling to $100ish level would be better, because the bounce from there could be massive for options and volatility in general.
We will see, but like I said it's a "wait and see" and get your coffee/tea/popcorn whatever you're into ready
The Power of 3.For the uninitiated, the rule of three suggests that words grouped into threes are more appealing and easier to remember.
Our brains are pattern-seeking machines, constantly looking for relationships and meaning in the world around us. ... We can use the rule of three to powerful effect.
In mathematics, a power of three is a number of the form 3n where n is an integer – that is, the result of exponentiation with number three as the base and integer n as the exponent.
3 corners in Triangles. Illuminati level shit etc..
Circles start with the number 3.
3 is the worst phase of Market Cycles.
3rd week of every month is OPEX.
3 peaks to the Head and Shoulders pattern
You know where this is going.
More mystery unravelling to come, this chart is just a teaser.
These are just my observations alone. not financial advice. I'm wrong 3 times out of 222.
if you want financial advice, watch Monday. I think Better Markets is on to something.
If you need help hedging against markets / market cycles, I suggest listening to everything Cem Karsan has ever said or written.
GME - a great buy option?As I see it, GME is moving inside a channel or wedge, which is inside a larger channel. Zooming out, I see an even larger wedge, that underlines the trend. If it continues down inside the smaller channel or wedge to the supporting line of the larger channel, there should be a great buy option, which potentially has a lot of upside.
I like to look at charts because I believe there is magic behind the numbers, if you can read the history, psychology and trends in the charts. I hope I can inspire and entertain, but I am not a financial advisor. Please do your own research.
GME: Short & Long (triangle, lines)Gamestop near double support. We have a triangle at the top. According to classical technical analysis, such a triangle can be both a trend continuation model and a reversal model ... Moreover, this triangle must be broken up or down no later than 3/4 of its beginning to its top, in other words, no later than November 1, 2021 ...
Otherwise, the model is considered unfulfilled (rotten), which means the price has entered a sideways trend.
At the same time, inside this triangle, we see three downward movements, each of which lasted exactly 56 days. The first two movements gave approximately the same -42-45%, but the last third gave only -17.34%.
The foregoing suggests two opposite thoughts to each other:
1. Sign of bullish strength. The bearish downtrend is losing strength and the GME is ready to start an upward movement, bouncing off the support lines. In this case, we have the right to hope for a profit from a long position at least + 25% by December 01-06, 2021 - until the triangle resistance.
As much as possible, we can expect the breakout of the resistance of this triangle and the continuation of the uptrend to the vertical size of the triangle = $ 397.
2. Sign of bearish strength. The triangle is preparing to become a reversal pattern and shed the price strongly down - to $ 65-55 per share (about -65%) just to the level of 2007, 2013 and 2021.
I expect more bearish downtrend than bullish uptrend ...
But at the same time, I have already placed orders in both directions with short stops and pyramiding on corrections towards the developing movement. In both cases, I look forward to making a profit. But only prolonged sideways movement with strong volatility can cause losses.
Not a financial recommendation. Not advice.