GME trade ideas
Big probability of an uptrend continuityAs you see on the chart we will have a big probability of an uptrend continuity because we have a spring effect and also if we have the breakout with force the resistance line by a big green candle with a large green volume. In other hand, we could have a reversal trend if only if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume. Thanks!
GME Potential for Bearish Drop | 27th January 2023Looking at the H4 chart, my overall bias for GME is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Looking for a sell entry at 18.85 to form the retail double top pattern. Stop loss will be at 22.47, where the recent high is. Take profit will be at 15.43, where the previous swing low is.
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She’s tight… any volume and she’s flyingSuper self explanatory.
Check out my other posts to view my feelings on the GME saga and where I have stood. I’ve discovered some very interesting coincidences in the market all thanks to a supportive community.
I think it’s officially officially close to end game. I don’t picture her holding down past summer.
Good game apes, we won.
35-59% near term upsydeLast I posted on GME was In October - I pointed out it was an **obvious and typical** NinTendo pattern and of course it worked out.
I didn't follow up or anything as it fell from grace because why would I? DYOR or whatever. Well now I'm back from a rave roadtrip and I see that its ready to pop again:
Initial target 23.88 by 1/24/2023
Target 28.08 by 2/3/2023
Play: Go all in rn
Trading Idea 004: GameStopMarket Conditions:
- trend reversal
- bullish sentiment in the market
Key Level and Lines:
- $21.89 resistance
Trading Ideas:
- go long after a consolidation around the resistance
- a false breakout and bearish sentiment in the market = trade opportunity for shorting.
No volume = no squeeze Obv has been capped on run ups, sell off bring the obv back under that threshold. You need to see 50m shares trade at least on a single Green Day.
GME all smoke and glass and reddit hype This stock was pumped only to get slowly rug pulled. The CEO and the Board do not communicate with investors at all, not a word about what the company is doing to grow, just cryptic tweets. It deserves to be shorted into the ground. Its going to under $10 before ANY meaningful movement up.
Analysis: Buy idea: spring effect on support lineAs you see on the chart we will have a big probability of an uptrend after the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume. In other hand, we must be vigilant because we could have a reversal trend (downtrend) if we have the breakout with force the support line by a big red candle with a large red volume.Thanks.!
GME approaching resistance, not out of the woods yet 🪓scenario 1: push into extreme resistance, maybe previous support zone turns into new resistance we head lower
scenario 2: trend resistance zone finally breaks, and meme stocks go parabolic mode again! I know scenario 2 would make many people happy, so I hope this happens! 🙈
lets see what happens, boost and follow for more. thx!❤
$GME - The final yolo
Not trading off my data anymore. Here's my thesis.
-Large option OI expiring this week for GME and a lot of other stocks due to leaps bought in 2022/2021.
-Going back to my old ongoing theory about SLD Tuesday (Next Week's Tuesday) where the Opex week's options e.g this week's expiring options will settle on Monday and shares on Tuesday. The bigger the amount expiring on Friday, the more the net total that needs to hit next Monday/Tuesday.
-During Opex, Wednesday - Friday is the opening window for banks to post collateral to the NSCC and OCC/Option Clearing Corporation which handles all options netting, clearing, settlement. This window opened on the 18'th and ends on the 20'th of Jan.
-BOFA made money disappear from people's accounts this week just 1 day before this window. This tells me BOFA is posting a massive amount of money towards this big opex and option clearing. The amount post netting of all these positions should be big enough to move the market really hard next week.
-Another Canary in the mine is my data here imgur.com The TLDR is that IF i'm right and it's a big IF, we're in a March 2022 mode for GME where the price went parabolic around SLD Tuesday (Next Week Tuesday). I'm pushing it with this, in the data i have this is the most similar occurence to what's going on right that i found.
-For SPY's ranges, there's support at $383 imgur.com (Unless that breaks in which case bye bye) and that to-be bottom coincides perfectly with SLD Tuesday (Next Week) for a nice perfect reversal (again i'm pushing it).
-IEP (Icahn Enterprises) ticker's usually drops and immediately after that we have a GME run. This is a consistent pattern over the past 2 years. IEP is yet to drop. I'm keeping my eye for it.
-Wabbuffet's (Warren Buffet) KO is pumping in this market which is normal as it's dips are bought by clever investors. It could also simply signify what the rest of the market has to flip to (bullish) by the end of the day after what i think is one final dump.
-Yesterday the price touched $400.01... again and dumped, i managed to read this one and quickly reposition my puts whilst the underlying price of SPY was at $399.80 ish and rode that down to today's low. It's done this a few more times in the past and it usually ended with us being in the $370 range... but i think this time this dump is a quick dump to a price where we can pump from next week.
This is what non data based trading looks like. I'm all in on FD's for next week. I'm confident in this one jut like i was in all my previous losing trades which means you should inverse me and buy puts. Here's my portfolio right now: imgur.com
Yes it's all FD's and i don't plan on exiting with a loss early this time. I'm letting this ride until the end. I'm either going to make it, or i'm not. Tomorrow/Monday is the optimal day to buy calls, but i'm impatient and like to lose Theta. I wouldn't yolo into GME this hard unless i was really sure (of a string of conspiracies mixed with real regulations and other technical stuff). Anyway i think that i'm right so here i am yoloing it all until the end.
I think this is going to be the last Yolo and post here for a while if it fails. I have a dislike for forums where GME/BBBY is discussed as the tinfoil is deep reaching, but here i am creating my own and going with it putting my money where my mouth is. Do with that what you will.
Analysis: Big probability of an uptrendAs you see on the chart we have a spring effect on the vwap indicator and the support line so it's mean that we will have a big probability of an uptrend. But in other hand, if we have the breakout of the support line it's mean that we could have a reversal trend. We must be vigilant.Thanks.
GME (Gamestop) Price Analysis 30 Min ChartHello and good morning fellow traders! hope you are all feeling great about today.
So after watching the opening of the market this morning I came up with this idea.
GME just lost the 20.35 -21- support lvl and has dipped into the green lvl of support shown on the Ichimoku cloud.
It must hold the 17.17 -18.78 LVL of support or else GME will continue to the downside.
On the flip side ... if GME ends up pushing back and flipping the current zone of resistance back to support we could see GME go up and test the 22.84 -23.26 lvl.
Stay safe out there guys! keep your heads up ! Enjoy your day !!!
:)
GME, APE, AMC Trading Data 1-19-22 to 1-19-23$GME
284,152,540 - Shares Traded Short Reported
4,433,987 - Shares Traded Short Exempt
491,230,683 - Shares Traded
Chart shows 2.8 Billion shared traded on the Yearly for 2022
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$AMC
2,869,327,325 - Shares Traded Short Reported
73,070,781 - Shares Traded Short Exempt
5,292,793,100 - Shares Traded
Chart shows 10.4 Billion shared traded on the Yearly for 2022
--
$APE 8-22-22 to 1-19-23
1,395,763,913 Shares Traded
28,236,308 Shares Traded Short Exempt
661,931,758 Shares Traded Short
Chart shows 2.27 Billion shared traded on the Yearly for 2022
--
Data is referenced from here.
www.finra.org
GMe Big rejextion up at 22 range. I took a long at 18.44 I added at a few places on the way up and eventeuallt I sold it all at 21.89 after the first rejextion of 22 and the retrace back up. Now I’m looking for a reload spot
A 50% retracement is 18.77. My old support buy was between 18.45-18.50. These are 2 key spots to reload. The lowest I see it going is 17.95 if we were to break that and close below that would
Be bad
Gamestonk Q2 Presuming next earnings will be decent
Gamestonk NFT innit
Needs to get a couple more green weekly closes and thence some bullish monthlies
I’d like to see both price and rsi make higher lows
Only target is old high
Is it going to seven figures?
No
Is it going surprisingly high
Probably
I’d have no idea of what the next ath can be
Something in 4 figs probably
Stonks for the reset
NOK ERIC GME BABA META
All the ones people wouldn’t think of buying
GRI 2023
GME (GAMESTOP) Price Analysis
Good morning! GME needs to hold this area of resistance at around $20.35 -$21.23 if it wants to push to the upside.
If the support level is broken, we will most likely see GME fall down and test the $18.40 Lvl.
- If support holds then we will continue on up to the upside and test the $22.84 - $23.26 LVL.
- The next LVL after this will be the $24.22 LVL.
Thanks for viewing my idea! please comment and let me know what you think :)
Analysis: GMEYou can see our analysis on the chart in the case of uptrend and in the case of downtrend. Thanks for your attention...!
GME Price analysis Prediction GME has to hold the 17.17 Support lvl or it will go down to test the 15.67 $ Area.
If it holds then it will go up and test the 20.99 LVL
If broken it will test the next resistance zone of 24.16-28 LVLs.
GME GameStop is close to a Long Swing Starter"The basic idea is, 'we don't care what really goes on at GameStop, or if they have a certain new product or whatever.
We just want to show the market that success is not the reality of production but the enigmatic character of our act,'"
Slavoj Žižek said
Buy idea: spring effect on the support lineAs you see on the chart we will have a big probability of an uptrend because we have spring effect on the support line.
GMe Since the breakout I discussed GMe has rallyed from 18.45 up to 21 area. Cureently it is sitting just under 20.90. Multiple taps of this area. Seems the trend is getting tight. We are looking at either a big breakout up or a roll over soon. Personally I’m still in the camp GMe has room to the 22.50s at least but tough to sta exactly where we will break coming soon. I’m still postioned long. Looking for a pop if 21$ and start to consildate on top of it. I feel that if we lost 20,53s this may be looking to head back to retest that strong 20$ level down to 19.50.
Be careful with how you play this, def use stoplosses but might b worth a risk long with stops 20.48s -52s
