I bought more, And when i'm done doing that....I will continue to take advantage of these lingering low prices of GME & AMC until the Inevitable wildfire commences, thx Kenny & Co
(this is not financial advice)
GME
GME - Oversold/Testing SupportGME oversold and testing high volume support at the $169 level from February 25th. Holding 3 times at this level in the last 5 trading days.
With the oversold condition, strong price support, chart dynamics, and high interest = GME bottoming soon.
Last bull impulse stalled out on September 1st but likely is part of a larger complex. Fibs lining up well on the resulting down impulse if this is the case, with GME testing the 0.236 fib.
BBs staying narrow and "bottom" indicator saying ' maybe '...Volume dry as a bone. Just needs a spark to catch fire...
Previous price spikes have been robust. Should be impressive!
Not financial advice.
ROKU - FOLLOW THE PARABOLIC ARCAll,
Pretty bullish on ROKU here. Only question right now is that if SPY holds since it had a tear back up from 420s. However, this looks like its ready to go might retrace some here so mayh want to wait for a better entry. Just watch closely. I think as long as market doesn't cause a crash in big stocks like ROKU we see 440s and probably 480s. IF THIS BREAKS THE PARABLOIC ARC... the right side it will fall and I would take a PUT or short position
aud/cad longbroke that down trend on the daliy and how now retraced to the 0.78 area
first target 200 day ema 2nd is next resistance
Why So Serious Kenny?I have, myself, full confidence that if all do their duty, if nothing is neglected, and if the best arrangements are made, as they are being made, we shall prove ourselves once again able to defend our home Banana Planet, to ride out the storm of war, and to outlive the menace of tyranny Occupying Tendie Town.
We are going to to Banana Planet based off of my unbiased opinion and technical analysis.
Why? You may ask... Because I'm A Legend And I Like The Stock Thats Why.
(This is not financial Advise)
Looks like a breakout during week of Oct 25Looks like a breakout to the upside will finally come during the week of Oct 25, in the mean time just buy more counterfeits from Market Makers and hold on for dear life.
I've averaged up a few times, so this is my chance to average a bit down again. Not advice, do your own DD.
GME - WeeklyCompleting Wave C correction on the Weekly. Need some buying pressure to come in around the 170 zone or it could fall back to 140. Expect the kitchen sink to get thrown at this thing between now and October 18. My triangle is apex'ing at ~ October 11, 2021. But, the end of the debt ceiling on (~October 18, 2021) does seem like a perfect scapegoat for chaos when this thing flies along with all the ETFs it is going to prop up to prevent the outage like last time.
What a beautyMassive triangle about to meet it's apex, we've seen this move FAST on very low volume, can't wait to see this play out
Reverse Repos - ATH - KarmaGeddeon Bid Expands to $1.35 TrillionNon-Financial rated Debt, Corporate Debt will begin to roll over as GDP Forecasts,
although no longer provided... does not matter, the Global Economy is once again
on the Steep Decline.
Supply Chain Issues compound monthly, with no end in sight.
The answer is, Buy STONKS, they are the New, New, New, and Improved Liquidity Economy.
Stocks are the Economy for most Americans. GDP is resolved with Gains in Zombie Companies
buying Trillions of their own shares.
1.6 Million Options were swapped for Tesla Friday, 52% Calls.
The Gamma Squeeze for protected entities is in trade.
Yeah, Naw, we'll pass for now, wait for the Pullback into the Final Stage of this Historic
Bull Market.
Commodities are pitching a large Bis as the Safety Trade is back in force.
There will be a final Blow Off Higher into 2022 as Debt Markets join the idiocy until
it all simply implodes.
2022 is going to be a very difficult year for most.
Perpetual Bonds are assured, the reset there will require a degree of patience while the
"Distribution Phase" requires time.
Insider selling remains robust, Retails are going All-in on the YOLO.
Meme's will begin to roll over and collapse into the next Sell, which is ahead.
We will see how long they can continue this Distribution .
Margin Debt remains elevated at Highs.
INever forget Crammer issuing Buys in March of the DotCom peak for the most bloated
overvalued JUNK Stocks which promptly collapsed from $600 to $0.
2022... one for the Books after 5/5 completes.
AMC in major buy zoneAMC looks to be in a BUY ZONE
Wedged and @ support, if it takes off... I have a target price of 110.44-134.33
Even if it breaks down, i think it will get a catipult from breaking bollinger bands
Fib and Exponential Floor Tracking $GMEFib retracement levels are matching perfectly with a price floor trend line drawn on the logarithmic chart. Intra-day Technical Analysis is voodoo at best on GME, but the daily chart shows undeniable patterns drawn over the longer term. My last prediction about Wyckoff accumulation was spot on, and I believe this Fibonacci circles also show GME's potential due to the myriad of factors surrounding the GameStop short squeeze. Volume has entirely dried up in comparison to earlier this year. High-frequency algorithmic trading of Rehypothecated shares, alongside retail "hodling" pressure show that "just up" is an accurate statement in regards to GME.
Will the Airlines finally take off??GREETINGS!
I've made several posts on Rolls Royce and Raytheon the past few months. Ultimately, we remain bullish for another leg up, but the back-and-forth price action has been exhausting.
Why are we bullish? Well, my strategies involve a simplistic basis of eliot wave theory which shows airlines and major indices have another leg, but I also consider other non-voodoo indicators. For example, Look at the put/call ratio or general market sentiment... EVERYONE IS BEARISH . The contrarian should be salivating.
I'm here to provide an update on the RTX play. The primary count is still active, although price targets have changed slightly from the previous post (see related ideas below to see the DD).
Here I think we are compressing into a triangle wave 4 of C, resulting in a delayed takeoff. I have the 1.272 extension at $95, but we could go to the 1.618 near $105 which would also result in a sharp peak out of the channel, which we often look for for blow-off tops.
Triangles can be annoying to trade, depending on your time commitment available for your capital to be tied-up. This is because intermediate waves often consist of fakeouts! In this case, I think it's time to accumulate! I will be purchasing RYCEY and RTX (at these prices) as my primary exposure to the airline sector.
Good luck!
Weekly Bearish Harami at PCZ of Bearish 5-0 on PalantirWe are at the PCZ of a bearish 5-0 and the weekly candle which is currently opened is as of right now a Bearish Harami but it hasn't closed yet but since i like to speculate and get the best price i will be entering a bearish position tomorrow in anticipation of the weekly closing bearishly and i suspect that it will make a lower low down to the 0.886 retracement.
GME - At the End Game...Again.GME heading towards the end of the multi-month bullish pennant.
Printing a pair of spring candles on the daily in the last two trading days as it refuses to go down!
Catching a trend line that goes back pre mini MOASS. BB width staying nice and low - getting even lower.
Wave structure appears to want a bit more down but I think it wraps up quickly as bulls appear to be in control.
With macro sentiment turning bearish over evergrande will the GME baby go out with the bath water? Based upon the OBV and those two recent spring candles it doesn't look like it.
Tick Tock.
Not financial advice.
Eat meThe chart explains itself at this point..
Higher lows, price consolidation up the tits, and nice wedge forming lets see what happens. cough* cough* its gonna rocket watch
GME breaking outGME is breaking out from the downtrend. RSI in good position and MACD about to go green.
ALL UPTRENDS + BULL PENDANTAny DD at this point would be a waste of time as you all mostly know by now the stock is being manipulated heavily by naked shorts. That being said were just looking at the chart for a time and price estimate. As you can see most of the uptrends are all looking in the same direction. Theyre all looking at around the $500 + price mark at around the end of October or beginning of December. To me this seems reasonable. It may correlate well with banks needing 1 trillion by the first of October. To me the worst case scenarios is it dipping slightly before launching. As always, I do this for fun and make a pretty decent living out of it but I am not an advisor. I DO NOT TRADE this stock, I ONLY BUY AND HODL. Most of the stock market is risky for me at the moment and I feel GME is a safe haven for my funds.
Thats all. have a nice day!
God Bless
