$GME - Line go down, then go up *Clap*GME to $14 by early March then up Mid March. Based on said trust me bro data.
As usual any run that was to happen was muted. Only down from here before the next run.
Sorry if this doesn't fit your narrative/bias/love for the stock. Not trying to be mean, it's just how things are. By betting against the stock based on this info, a run can be caused to happen earlier e.g late February. If you leave it alone to do it's thing, it'll be March.
Toodaloo, till next time.
GME trade ideas
$GME - I think i caught the next runI think i've caught the next GME run. The data has been extremely unclear for a while now until yesterday's data came out which shows a strong signal for next week. I won't share the data or the PT here as not to risk things.
TLDR:
-Next week GME there's a chance to run.
I don't know if we will have enough time to buy on Monday or whether one has to buy today on Friday. If you're buying shares, buying on Friday should be fine. If you're buying options, the weekend theta and possible consequent IV on Monday will ruin you, you'll literally open at -80% loss on weeklies.
Obviously this means other meme stocks will go up too and so will the market as well. Right after this run is concluded, the market should finally do it's thing and "correct" itself.
No positions yet. Considering an all in here. Not sure yet and when to buy and what to buy. 85% (made up number, not based on any statistics) confident in this one. Maybe 80%...
YOU DO YOU. This signal comes at a moment where the market is overbought and the whole market is due for a pullback. Buying HERE is NOT NORMAL. It is the OPPOSITE OF NORMAL and a person with half a brain would tell you that too. Regardless, the signal for a run is very strong... Imagine seeing a GME run in a dying market... every... time... I don't know if i have the balls to go for this one yet.
In my own logical opinion, buying today is a mistake and you should wait and buy on Monday or Tuesday. In my illogical opinion, you should buy today. What i'm likely to do... one of the two... i have no idea, the two sides of my brain are fighting over this.
Gme looking good
Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track.
Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
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.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
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
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
--
$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 :)