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Gmeshort

Will GME Crash back to $2?recently we have seen GME spike up to $100+, this is not surprising because it has hit my resistance (fib retracment fan) this could signle another huge dump for GME. I think that GME will indeed crash back to $2? when stuff like this happens its not because the business made/came out with something great its simply legal market manipulation we have seen the same thing happen to nokia and other meme stocks(bs stocks). nokia spiked up but eventually went back down to a normal price. if GME does push up from resistance we could go all the way up to $700 but this is very unlikely
NYSE:GMEShort
by r2d22010
4
GME It's difficultHi everyone, Seems we start with a very big bull candle after days off selling pressure. Depending if the bulls can overtake the next resistances and build up support zones we could see higher process, maybe even extreme high prices when the gap is filled. This won't be considered a short squeeze since most short positions are already covered - this is the effect of having a stock being oversold and is now seeking previous price areas. I do remain with the scenario that even if we see high prices this would be followed by a downward pull back back to the fundamental price. Currently price is too artificial, too many traders/investors who "like the stock" without long term vision. Long term: GME could be revived and do a great comeback in the retail sector but this can take a while The GME management has some challenges to overcome - time will tell if they can pull it off as a company! Kind regards, Noel
NYSE:GME
by CryptoHedging
2
GME Potential Dead Cat BounceHi everyone, This idea is a follow-up on the previous one "GME GAME OVER" where we discussed the potential bubble structure phase "return to the normal". If that phase is in development via upcoming bullish engulfing patterns, we might try to close the previous bear gaps and thus rallying to the upside. www.google.com The moment the potential rally would lose any strength via a decrease in volume followed by bearish engulfing patters, or any type of bearish price action,.. we could go over in the "fear" and later on "capitulation" phase. How High can this go? I don't know but a retest of the 90-100 dollar zone with be more or less in line with the VW short squeeze.
NYSE:GME
by CryptoHedging
13
DFV SOLD 300 OPTIONS - and you HOLD?If you don't believe me check this: On 26/01 he had 800 options still holding but on 27/01 he has 500. He sold 300 options on the highest point making him and additional 9million. His previous trades before that made him 4 million but this trade above is the worst. WHY? Since he and WBS were telling others to HOLD - why did he then sell? He is now owning millions - more then 13 million. Where are you? Check the different below - 26/01 & 27/01 www.reddit.com
NYSE:GME
by CryptoHedging
30
GME - Potential ABC & Elliot Wave ContinuationPotential ABC after the Elliot completion is forming -» ABC correction still needs to be confirmed and potential price are to reach is the 138 dollar area. The gap will need to closed if further upside movement has a chance to continue - if not than potential ABC wave will be validated. According the Elliot wave theory - after an ABC corrective Wave we will see another continuation to the downside. Price dictates the potential scenarios - in the end it's up to us to make an educational guess.
NYSE:GMEShort
by CryptoHedging
GME vs VW Short Squeeze - NOT LOOKING GOODHi everyone, As some of you spotted out very well. the previous analysis/comparison didn't use the same timeframes - sorry for that, wasn't intentional. In this case we compared the 2 short squeezes on the same timeframe - Daily time frame. Why? Because bigger time frames don't have the same date. -» GME is quite "fresh/new" versus Volkswagen so we have to use the best time frame that shows not too much noise but gives us the best info. As we can see, prices always tells us what might happen. Yes the 2 short squeezes are different but fundamentally very similar -» a short squeeze happens in the same way but the corrections itself occur differently. GME shows 2 bigger short squeezes and VW actually one since the first bull candle could be seen as the run up towards the spike. My theory is the following on the GME short squeeze: 1. Run up -» before the run up anyone who catch the trend is safe, you made the least riskiest investment. 2. Everyone get's hyped up and thus pushing up prices and creating the first squeeze. 3. The first bearish candle indicates that everyone who made nice gains is collecting profits & maybe Wall street closed some of their short positions. 4. The hype is still there and more people come in -» these are the late to the party ones creating another squeeze. 5. Second bearish candle -» anyone who made for the second time nice gains, sell their positions + anyone who panicked + Wall street closing short positions. 6. Hype and mass hysteria is fading away and price is seeking it's fundamental price -» all who bought the top is trapped. It's very sad to see this because even when attacking Wall Street and beating them on their own game, many traders lost. Why? WBS, Reddit, Roaring Kitty especially used the same exact tactics to beat Wall street and making nice gains by using the retailers to pump up the price. Why? DFK's last statement showed 22million in total profit of which he cashed out 13 million -» he made his millions, there's no loss for this guy. You see the point? Others already gained, and the rest is to be seen. Thank you and I'm looking forward to read and reply to your comments!
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NYSE:GME
by CryptoHedging
129
AMC round 3 FIGHT !so we are on 15 pre-market - dropped from 16$ this morning... our key number is 16$ - this is 1$ above most short entry positions we must hold that line. the POC - point of control - volume level - is on 13$ so this is a price target we shouldnt lose.the volume orders show that we are on 54M which in normal circumstances is good but not enough for this particular case, we must remember institutions that are on a short keep putting more money in to maintain their short positions -2.5B was injected on Thursday. what is not being mentioned enough on the media (fake news) is that we have a lot of institutions on the buy-side as well that jumped in last week- not just Blackrock but many others. we are now forming a traders union that gives our traders (for free) the ability to unite and stand together in front of market manipulation and blocking of assets (not to drive stock prices up - we work acc to SEC regulations). the expected move for today is a drop on opening bell and then correction upwards above 16 towards the evening, if in after market hours we see a sharp rise in the price like GME had last week that could be a crucial sign to show retail side has the upper hand most short positions will be closed this week on AMC and GME (some closed on Friday) and this can raise the stock price much higher as the short sellers will raise the price of the stock by exiting (buying the stock) the position. for any help or questions we are here ! feel free to join cheers
NYSE:AMCLong
by FDGT_academy
6
GME Looking Lunar?I couldn't help myself, so I did a little TA on GME. It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty. The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds. Here is the 30min chart for a little more detail. This is an unprecedented situation, and I wanted to find as much objective reality as I could. It's what werewolves do. Owhooooo!
NYSE:GME
by Akamer-the-Werewolf
16
🏓Game is ON 🍿So the game is ON, again. The people of 'Occupy Wallstreet', Reddit, Wallstreetbets and evey single one of us 'renegade revolutionaries' (there is one in all of us, including myself and you), against the machine. Time for some music to get inspired before today's new episode of 'Squeeze wars' at the GME GAMESTOP Battleground. Personally: I am just watching this show. Neutral Want to trade it? Sell high, Buy low, gamble between market closing tonight and not knowing where it will open tomorrow. And off course don't risk your savings, play with money you can REALLY afford to lose. Have fun people.🍿 ps. OCCUPY WALLSTREET, I'm all up for THAT! 🦍
NYSE:GME
by FX_Professor
26
Is WallStreetBets Winning the War Against GME Shorts?I’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades. I want to do a follow-up video on GameStop GME , because this stock is just going absolutely bonkers. On January 26th, two days ago, I did a video explaining exactly what’s happening on GME stock. And it looks like the madness for GME stock isn’t stopping just yet. On the 26, the day everything started, the stock closed yesterday up almost 93% at $147.98, and today, it rose as high as $380! I’ve seen crazy things in this market, but a Reddit crowd squeezing shorts to this extent? It’s just crazy. And the WallStreetBets group on Reddit — the one whose purpose is “making money and being amused by it,” their words, not mine — is growing by leaps and bounds. Tuesday, it had 2.3 million users, but looking at it yesterday, there were 3.2 million users! Even Elon Musk is chiming in: Musk, who has clashed with Tesla shorts in the past, tweeted a link to the Reddit thread, saying “Gamestonk!” This has caused such crazy trading volume that a bunch of online brokers crashed yesterday. TD Ameritrade is actually restricting trading on GME and AMC stocks because of this insane volume! They said they’re doing this out of an “abundance of caution amid unprecedented market conditions and other factors.” It will be interesting to see if other online brokers do the same. It seems like the Reddit crowd may have won the battle. I saw lots of headlines today that GameStop’s biggest shorts — Melvin Capital and Citron — said they covered most or all of their positions. And yes, that’s what they said… but did they? It will be interesting to see when short interest data is updated at the end of the month whether this is true or not. Other Stocks To Look At This Reddit crowd is targeting some other highly shorted stocks, too, so I want to take a quick look at their charts. First up is AMC . On Tuesday, the 26th, they closed at $4.96, and hit a high of $20.36 earlier. Yesterday they were up 229% at $16.27. Next is Bed Bath & Beyond BBBY . It traded as high as $53.90 yesterday — its highest level since 2015! Right now, BBBY closed up 24% at $45.79. And finally, there’s BlackBerry BB . BB hit a nine-year high of $23.94 yesterday, and was last seen up 23.4% at $23.31. Summary Now, I’m personally not trading any of these stocks, it’s too risky, but I’m certainly watching! And before we go, I want to make a correction. In my previous article on GameStop, I mentioned that this was a similar situation to Kodak’s KODK volatility last summer. That was not the case. Kodak moved because it was awarded a government contract to make generic drug ingredients. The deal was later halted pending an investigation. You guys were right, and I was wrong. Thank you for correcting me.
NYSE:GME
by rockwelltrading
21