T.A. for Apes - Chapter IHere is some Technical Analysis that even Ham the Astro Chimp would understand.
In fact, I am writing this explicitly to him.
Yo ham,
Check this shit out.
You think this chart is about to flip bearish AF and live up to it's namesake?
Or is this the proverbial DIP?
Stay lifted,
****
So anyway, either the history of price action above becomes resistance now,
OR,
someone could have been buying these very rare priced pokemon.
I have no fiduciary duties or responsibilities
Wsb
HUGE WAVE 3 incoming for MAJOR shitcoinPossible wave 3 coming in for NLG, a Dutch payment coin. Major shitcoin but eh, everything is pumping.
Weird thing is that this coin bottomed in mid March (huge relative volume!), opposed to ALL OTHER ALTS bottoming at New Years eve.
If this is indeed was the bottom, then we are at the beginning of a MAJOR SHIFT in the trend.
Volatility Asset - GME To The Moon 🚀Idea for Gamestop Corporation:
- Gamestop earnings are approaching!
Speculation: Gamestop will rise to $2000+ USD, causing liquidation crisis fears in the 1.5 quadrillion USD derivatives overhang, and Congress will announce that foreign investors such as the CIC have purchased Gamestop shares as an act of economic warfare through BlackRock to engineer a liquidity crisis, and will freeze BlackRock to prevent foreign sovereign investors from withdrawing their funds. This will trigger a global financial lockdown, and likely the loss of the dollar's global reserve currency status, enabling a new global digital currency.
BlackRock is the Strait of Hormuz of global markets. Gamestop for the markets and the American Multi-Cinema. Crucifixion.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
$GME - They are now shorting while resetting FTDsHi ya'll,
I'm not a financial advisor and this is not financial advice.
I believe i've refined the T+21 and T+35 FTD reset cycle down much better and i'm able to give you a better visualization of WHAT I THINK is happening. Obviously i can't prove any of this. Obviously i don't have access to Citadel's or Bill's Family office to check their positions, so yeah, i have no proof.
That having been said, i thought of starting to count the T+21 and T+35 cycles that Market Makers are allowed to leave an FTD in limbo until they decide to properly deliver and close it or reset it (e.g kick the can down the road) by borrowing shares from their buddies or buying deep ITM options.
In February - March
I'm see that 2 days before T+21, there's movement. Usually it's up by quite a bit.
I'm also seeing that between 6-10 days later just before T+35 hits, the price goes up again 1 more time.
I suspect that some family offices (not Citadel) were covering here.
In March - May
I'm see that 2 days before T+21, there's movement. Usually the movement is DOWN, so it's a dip.
I'm also seeing that between 6-10 days later just before T+35 hits, the price used to go up by a bit, but now on average it remains constant and doesn't move up or down by a significant amount.
What are they doing?
Based on what i see on this chart, i believe that in the T+21 period that happened yesterday 3 of May, they also shorted GME. We know this by the data from fintel, gme.crazyawesomecompany and other borrow info sites. Today they returned those borrowable shares which indicates they were done with their current T+21 shorting. I believe that on T+21 there's bullish momentum from minor covering (because they can't fully cover at these prices) and they suppress the price by borrowing and shorting GME. With this theory and their borrowing habits, everything makes sense suddenly.
Additionally, right before T+35 (around T+25-30) they tend to do another minor round of tiny tiny covering which they also try to suppress but can't fully do so due to them having used all the borrowable shares they previously spent 1-2 weeks accumulating to short the T+21 cycle down. This is why right before every T+35 the price returns back to the price it was before they shorted T+21.
I've marked with a flag every impotant moment in time where there was GME momentum up or down. I also marked the points in the future that will have moment up or down.
Important dates: May 14, May 24 and June 3.
Incidentally, their last T+35 cycle ends exactly on June 7. On June 9 it's the shareholders meeting for GME. Nice timing. They want to milk this cow as much as they can till then.
The horrible mistake they're going to make from today onwards is that IF THEY SHORT GME AGAIN TODAY ONWARDS... well the T+21 and T+35 for those shorts may fall within a possibly bullish period for GME because 9'th of June is Shareholders Meeting and earnings. You don't want to be caught doing minor covering/shorting within a bullish period especially for GME. If your covering creates even a bit of bullish moment, a tinkle of fomo from retail can ignite a rocket they never expected to go off. I believe they are greedy and stupid, so they will continue shorting even after today.
I personally "want to" believe that May the 14'th is the day, simply because this day coincides 100% PERFECTLY with January 28'ths Mega Mega Mega huge amount of FTDs that were supposedly not closed, but only reset. How does it coincide with the 28'th of January? Well, From January 28 to May 14, the T+35 rule perfectly fits 3 times. Also on this date, we're 2 days before T+21 for the previous shorting period and if you've been reading, that means GME will move down or up due to minor covering or will go down because they'll short more. So it's a double whammy. It's BOTH the next T+35 period where all of the accumulated FTD's from January are going to be reset and some are bound to leak through while they might use Deep ITM calls to reset them, on the same day, they'll have the option to also cover the past T+21 shorts of approximately 750k-3mil shares.
Don't get hung up on dates. Be responsible. Temper your expectations. Be wary of the date yes, but don't overhype them. No one can read the future. This is an educated guess based on the past and i'd like to believe it's accurate. Look forward to the date, but don't create a hype bandwagon otherwise when nothing happens on the 14'th of May, you'll be disappointed and cry in a corner in fetal position because you overhyped this DD.
$GME - T+21 is tomorrowIt's obvious at this point that a Market Maker is short GME. The periods at which GME moons are T+21 and T+35. Only bonafide Market Makers are allowed to locate shares all the way up to T+21 and T+35.
Today was T+20, tomorrow is T+21, the last day they have to either cover their shorts or continue for another +35 day period and fake cover by resetting their FTDs till the next period.
Kudos to u/dejf2 on Reddit's SuperStonk Sub for perfectly finding the FTD reset period in his thread here. I am just expanding on the information he provided now that he's provided an extremely accurate FTD reset timeline.
www.reddit.com
According to Regsho, they have either by pre-market tomorrow or pre-market of the day after to reset, otherwise they won't be able to short anything at all until they've covered (or fake covered by resetting the FTDs again).
tldr: Tomorrow we're either mooning or there will be shenanigans. Let's see if they still have money to run this sham or not.
$GME - What's next?Hi y'all,
Disclaimer: I'm not a financial advisor and this is not financial advice.
GME finally broke out of the symmetric wedge. If you don't like technical analysis for GME, stop reading now.
After the Bullish Wedge:
You'll notice that there's an upwards channel that's formed with GME and we may or may be not be trading inside it. I wouldn't recommend trying to day trade this pattern because it might not be a pattern/channel at all.
You'll also notice that despite looks, we've actually bounced off some resistance at ~$187 ish. We'll need to break that consistently for at least 1 day to consider that we've truly broken this resistance.
Additionally, if we go significantly aboe $187, there's additional super strong resistance at ~$247. If this were to be broken, then start dreaming because we might see crazy stuff happening like crazy Citadelic pressure downwards or unknown upwards pressure.
The Moass:
1) May 7 - May 28 there is extremely minimal open interest on GME options. This could indicate a pressure free period for GME where a MOASS could occur. It might also not. This period is an anomaly. Not only is there an almost inexistent amount of Options Activity, there's also very restricted strikes at $390 max instead of $800 or $950 calls and $5 to $10 for puts minimum instead of the previous $0.50 and $1 dollar put strikes.
So yeah it's a special weird period and could be interesting. Don't get your hopes up. Expect nothing.
2) June 9 and June 28. On June 9 we learn who we voted in on GME's board. On June 28'th we also find out if GME does indeed join the Russel 1000 or not. It's an ETF several times larger than the Russel 2000 that GME is currently part of. It joining it is the equivalent of TSLA joining the S&P500 last year.
Not my problem if you don't like dates. These dates are backed by facts, it's best to have them in mind but nothing more. Manage your own expectations.
Other Info:
GME is paying off their remaining senior debt notes due for 2023. They are paying them off on the 30'th of April. This will allow them to pay dividends or do stock splits and other things.
Keep in mind this time last year, GME's Market Cap was $612 mln. Today they just raised $550 ish million by just issues only 3.5 million shares lmao. (The total float was 70.1 million).
Currently float is 73.6 million. Of that, only 26-30 million "are" publicly tradeable and with the amount of people trading GME, we can be sure we've bought all of the float multiple times over.
Any remaining shorts or hidden shorts in the Failures to Deliver are not going to like what's happening. It's very likely that they will get their heads bitten off and still come back for more.
Butterfly reversal scenario with $215 target on the 3rd wavein the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
the targets of $Plug with harmonic patternsXABC is a butterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$62 *reached*
tp2=1.27 XA=$134
tp3=2.24 BC=$325
other targets with X345 cypher or shark possibility:
tp4=1.13 3-4=$94
tp5=1.41 3-4=$155 *more likely*
tp6=1.6 3-4=$220
since other targets of butterfly are higher than $75 the price zone of could not be dangerous, but be careful at this price zone.
AMC is bullish on the 3rd wave of Elliottlet's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215
$GME - 13D FTD Period Incoming1) Banks/hedge funds and friends are required to have additional collateral/liquidity available via rule SEC rule 15c33. This rule has existed since 1973 but was never enforced, until 2020 where certain people said that Banks and friends have 6 months to get their shit straight... The end of those 6 months is on April 22.
Source: www.reddit.com
2) I started counting the 13 day FTD delivery periods and interestingly found an obvious pattern of both pumps and dumps. Needless to say, there seems to be an incoming FTD cycle end exactly on April 22 which also happens to be the day the 'old' rule is finally enforced.
3) Several other SEC, NSCC and DTCC rules have already been enacted in the past ~1 month alone that are building up like a drumbeat to something. Likely Rule 801 or "SR-OCC-2021-801"
The rules already enacted are slowly clamping down on illegal hedge fund/bank shorting activities specifically activity that violates regsho as well as regsho inadequacies like hedge fund and bank abilities to use derivative instruments like options to hide shorts and perpetually reset FTDs.
Once all rules are in place, OCC 801 can also be enacted and once that's enacted, it's likely that we'll have the GO signal for Gamestop's Mother of All Short Squeezes and other stocks liberation from excessive shorting and hiding shorts in FTDs and daily-bi-daily FTD resets.
I'll probably be wrong about the above again, so take it with a grain of salt. It's one part of my own thought process about Gamestop and where it's going. I'm not providing my price target for Gamestop because it's conservative and doesn't match the price target set by most individuals trading Gamestop.
May Ryan Cohen shower us in tendies.
$GME - 13 Day FTD possible extensionAs per my previous post, i think the 22'nd of April would be too obvious of a date and is likely to be be a whipsaw date where the price goes down too quickly and back up again within the same day.
I believe the actual date where something could occur is approximately May 7 to May 10'th. This is a speculation based on the following factual information.
1) 22'nd is the date that SEC rule 15c33 is enacted at full force. Banks/Hedge Funds and friends must have buttloads of additional liquidity available otherwise they risk getting margin called and liquidated.
2) 30'th Ryan Cohen of Gamestop will delete the 2023 Senior Note Bonds e.g will wipe out 217 million remaining GameStop debt. This will allow Gamestop to re-start their quarterly dividend or to do other amazing things like stock splits or stock buyback. Only after the 30'th can any major things like stock splits or dividends occur due to the debt elimination that will happen on the 30'th.
3) Chart Technicals also show convergence/divergence near the same date/s e.g that something should happen on these dates (not necessarily).
If nothing happens on these dates, the next dates to follow are between June 9'th to June 28'th.
1) June 9'th Gamestop Shareholder Vote and possibly earnings/dividend or split or something...
2) June 28'th the Russel 1000 reconstitutes itself and may add Gamestop to it. Gamestop is currently part of the Russel 2000 which has $1.9 Trillion in passive buying power whilst the Russel 1000 has $19 Trillion worth... You get what i'm saying... It's the equivalent of Tesla joining the S&P500 but for Gamestop.
If the 110% - 1900% short thesis still does stand and the 20% self reported short number we're being fed is truly bs, then as you see there's still tons of catalysts to make GME go to the moon either slowly or quickly.
My price targets (prepare to get triggered) is not 100 million. I think that the current actual price of Gamestop if shorts were not weighing on us, would be at $7000 - $9000. If the shorts were to cover and to re-establish themselves, i estimate that the average real prices people would be able to sell at will be between $7000 - $56000.
That may not sound like a lot, but on average, it would cost the shorts $3,000,000,000,000 - $5,000,000,000,000 to cover. I don't believe in the millions per share theory because we'd be costing the banks and the shorts close to 1 Quadrillion dollars, that's about this much $1,000,000,000,000,000. Though there is a theory out there that the entire system is going to explode and will cost everyone $2.5 Quadrillion dollars, i don't believe GME is the one that's going to magically eat up all that loss.
If i were to put out a theoretical bs high number for gamestop when it squeezes, i'd say something between $56,000 and $3,000,000 but i don't believe in it. The cost would be too much for anyone to handle... It might happen but... i'm going to try and stay within reality.
DOGE Spaceship to The MOON is Ready to CrashDOGE has made an impressive run up since our call of a recent bottom at $0.02, all while Bitcoin is in it's final stages of a Wave 5 within this current bull cycle. Bitcoin will decline about 50% or more before any chance of resuming it's bull run. If you look at each time DOGE hit this far of an extreme on the RSI (94) it sold off between 50-75%, which would mean at least $0.22 for DOGE in the short term. If you notice all the major run ups DOGE would move 2-4 days then sell off. Also, 500% return in 4 days is blow off Wave 5 behavior. My target is about $0.09, which is the breakout area of the blow off top we're seeing. It's been a great run, but this is a great time to take profits and run for now. Especially, when DOGE was created just as a meme.