GME: Sell ideaOn GME we have a sell idea as you see on the chart because we have the breakout of the vwap and the support line.Thanks!
GME trade ideas
Did this chart a while back Seems like it’s following so far so maybe could follow the rest of it let’s see yolo
Gamestop DowntrendTrend: Downtrend
Trendline: Lower high and lower lows
Short on strength
Entrt: Based on FIB 0.382 (18.35): Near the trend line: Sellers control with red canldes
SL: 19.37
TP:17.35
GME: Sell ideaOn GME we have a sell idea because as you see on the chart we have the breakout of the support line.Thanks!
think this is now going to range between the high 17s and mid 19 lets see what happens :) i think this will, however it could not
$GME - Run next week 28 FebTelling you that there's a run next week is a horrifically bad idea both for me and you. By buying GameStop you'll force whoever is selling you that stuff to go short in order to sell you whatever you're buying and that'll cause another one of those nice tumbles down to some dumb price like $14.
So here i am doing that dumb thing, telling you that there's a run next week which will cause the run not to happen because everyone knows now. A market watched never boils over...
Here it is:
imgur.com
There's the classic dip & wedge up. The market wil run up for 35-45 days with maybe a minor correction in between. The run starts any time within the next 4 days or 15 ish days. I'm betting that it's starting next week although it is also highly likely it will start on the 3'rd or 7'th.
GME: Buy ideaOn GME as you see on the chart we have the breakout of vwap and the resistance line by a big green candle with a large green volume so it's mean that we will have a big probability to have an uptrend.Thanks!
GME H&S?GAMESTOP is showing little to no buying pressure at this area of support AND has failed to create a higher high on the Daily chart. Look for short opportunities below $19. I personally would be looking for an short entry if price where to break support and return to retest it, causing support to act as resistance with an exit well before the area of demand (Green Line [ first big candle of uptrend ])
GME looking for next rallyGamestop stock has been on a rally and for months now has found consolidation at 19 to 20 dollar, if this holds then $230 should be the next stop for gamestop, let us see how it goes 🍻
$GME - Down a bit moreYeah i think i figured this all out. Not revealing anything.
Basically:
-SPY moons today.
-GME/Memes don't move at all.
-SPY un-moons today/tomorrow into next week.
-GME/Memes drop more into the next 2 weeks.
PT for GME $14.xx
PT for SPY $437 today/tomorrow and then back to $387 by early March.
$GME - $383m in swapsHi all,
$383 million in swaps traded on the 8'th of Feb and will be in effect tomorrow 10 Feb for the meme basket. Not gonna name the basket nor show the data. I'm going on a trust me bro basis from now onwards. All i'm gonna say is that we're in a basket highly corelated to Crypto and cars...
It's safe to say that we should expect moves starting yesterday and for the next 20 something days.
I'm gonna have to reverse and go bullish now...
GME: Sell ideaOn GME as you see on the chart we have the breakout with force the support line and the vwap so it's mean that we will have a big probability to have a downtrend.Thanks!
GME - Break-out and Back-testGME - a recent break-out/back-test, Bullish MA cross on the 4-hour, VWAP and volume support are all getting me more bullish on GME.
With high volume support at this price range from last spring and early summer, looking for a rise in price heading into late Feb and early March of 2023.
Adding to shares and going long Mar 17 calls with a $25 strike.
NFA!
GME day chart squeezingThe day chart is currently squeezing.
With RSI just above neutral, MACD about to change green, OBV climbing and price above the base lines there is a good change that it may fire upwards.
Crossing $23.66 will confirm a breakout of the downtrend resistance.
Not advice, do your own DD
GME about to go BRRROverlaying the pattern starting from Jan 5th, the match is so perfect it's haunting.
Even the gap from yesterday close to this morning premarket is a perfect fit.
The bars are open/close without wicks.
Not advice, do your own DD
Trading range situationBig probability of an uptrend after the breakout with force the resistance line. In other hand, downtrend after the breakout with force the support line. Thanks!
Gme run this week?
As stated previously in my last Idea NYSE:GME has been following a clear pattern for nearly 3 weeks now. Making new highs every 4 trading days(H1,H2,H3). Last high was made 2/2 so 4 trading days from that would be this Wednesday (H4). I expect to trade flatish/down Monday and flatish/down early Tuesday and to start going up mid/late Tuesday. I believe we can reach $25 on the next new high and when we do hedging of the option chain will cause a large run up.
We are very strongly inversely correlated with TVC:VIX and as long and it keeps its downtrend I expect gme to continue its uptrend.
I am hoping gme will do something similar to what NASDAQ:UPST did last week. It too was following the same pattern gme was. When it made a new high in the $20 range it exploded upwards to $25. I believe that happened because of the heavy options interest at $20. gme was trading at 25 for 3 months so I'm hoping the options at 25 can rocket it forward. Interestingly even after breaking out upst still appers to be following the same pattern it has been indicating its run might not be over. I will be keeping an eye on it.
Failure to delivers on gme and etfs it is in have picked up again stocksera.pythonanywhere.com and the starting date of covering them is this week. In addition, the put/call ratio on gme has become very call skewed www.barchart.com adding to my belief the option chain can propel us higher.
While I am hoping gme runs this week I will be happy as long as it maintains its uptrend. I would keep an eye on vix and other "meme stocks" and if they are staying on trend I will remain bullish on gme.
I have noticed that the general pattern for the next leg up is 1. vix goes down hard 2.gme iv goes down hard 3.gme goes up. So if you are thinking of entering in an options position, I would wait for gme iv to crush as a signal to buy.
