Games Workshop 12-18 month price predictionJust announced finalized deal with Amazon Prime, for series and movies based on the Warhammer 40k brand, with options to extend to their fantasy line.
28%+ margins with 3% dividends, year over year revenue growth, most of which from core business. Should see interest in stock as licensing revenues increase significantly, and filter down to core business as brand gains exposure.
Short term price target of $214 top of fib projection, long term within 18month projection low $400s.
Very excited to see how this will play out.
G7W trade ideas
GWA, Time to Evaluate Ones PositionHi guys,
In this analysis I go through the GWA monthly chart.
With price having risen 70%+ since September '22 is it now able to brake the wall its now currently facing or is it wanting to find its way back to the 200ma.
The question now is price going to drop fast or muscle its way back into the higher range and flip the current resistance as support.
My gut tells me we are about to see price decline from this point on till the 200ma is hit or price drops to the lower red brake out zone.
I believe it is a good idea to evaluate ones position at this time.
This analysis is all price action and nothing to do with the fundamentals of the company.
As always Invest smart and with a plan in place.
"capital loss is more hard felt that capital gained"
Stay safe,
Crypto Leonard
P.S. This is NOT finantual advice, if you seek finantual aid seek the help of a licenced professional.
Time to sell out of GAW?Hi guys/gals,
I'll be walking you through my GAW analysis, I have worked from the monthly chart down to what you see here.
Tools I use:
Time based fib extension Fib retracement Colour coded rectangles Faces to show what I believe to be fear, neutral & greed sentiments Question marks Exclamation marks EMA/MA's
With Games Workshop having fallen under the 200 ssma I see it falling much lower. The price has fallen 50% from the high set in June of '2021 and has managed to rise 50% from the '2022 September lows.
As price is still holding under the 200 ssma the long term momentum is in a down trend indicating to me we could be seeing a possible reversal in price making newer lows than the one set in September.
Is this a good selling opportunity for those bag holders only time will tell.
My target for GAW is £20.00
GAW has been in a bull market since May of '2017 and is now what I believe to be in a short/mid term retracement to the upside before continuing to the downside targeting the red zone. If hit I see a possible bounce before hitting around £20.00, if momentum keeps up on the decline it could hit the orange zone before bottoming out.
Keeping in mind this is just my personal opinion and it may not play out like that at all.
Be smart, Invest small amounts, Capital preservation is key.
This is NOT financial advice DYOR!
Crypto Leonard.
Swing Trade: Set a buy order at 4070Classic fib driven demand areas on this chart. Very loyal to these levels. Present pullback has a high probability of a bounce in the 4000-4100 area. Fib level suggests 4070. I would look for this to move back to at least it’s ATH if not above on the next move up.
2800 strong support levelPrice has a number of well defined historical boundaries. Firstly it is very respectful of the Bollinger Band bottom, top and mid. Se one we have a horizontal support atound 2800 carved out covering the full year 2018. This horizontal could be interpreted as a "neckline" as the overall chart structure resembles a large H&S, this line breaking would be bearish/a short indicator.
Price for now at least has responded to this horizontal support area & moved higher, more recently over the BB mid level so I now feel this will push to the BB top where we should wait and see if price continues to operate within the rectangular pattern or if it tries to break higher.
GAW overvalued and could be heading down?I am turning bearish on GAW, and believe at least in the short term it will start heading down. My investigation tells me the share price is overvalued against competitors, and could see the price go down even further. Some estimations on which levels we might see resistance at are shown on the graph as horizontal lines.
Will Games Workshop Group Breakout?Last post: June 11th. See chart .
Review: Price was holding at a support level.
Update: Price has since bounced off the support area and looks ready to tackle the resistance level just above.
Conclusion: If there is a breakout then we can look for long opportunities which may happen soon.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Games Workshop Group Pulls Back To SupportLast post: June 7th. See chart .
Review: Price had moved above the resistance level and was also above the £30.00 round number.
Update: Price has now pulled back to the support level which was previous resistance.
Conclusion: We have to see if the support level can hold price up. We can then look for long trades when the previous high is broken on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Games Workshop Group Breaks Round NumberLast post: June 1st. See chart .
Review: Price was trading above the previous resistance level but was coming up to the £30.00 round number.
Update: Price is now above the £30.00 round number and looking strong.
Conclusion: A breakout of a previous daily high will offer us the opportunity to enter a trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Games Workshop Group Growing StrongLast post: May 27th. See chart .
Review: Price had just broke through the resistance level.
Update: Price has now cleared the resistance and is facing the £30.00 round number.
Conclusion: We need price to rise above £30.00 before looking for trading opportunities. If price returns back to the consolidation zone then we need to stand aside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Games Workshop Group Out Of ConsolidationThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price has just broken out of the consolidation zone by a few points.
Conclusion: We need to wait for price to move higher then pull back and see another breakout to confirm this is not a fake breakout.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading