GMEIf NYSE:GME can continue closing above 33, has Monday's open capitulation area to reexplore as well as 48.75 gap from May
GME trade ideas
$GME Interest LevelsNothing fancy here, my interest levels are clearly marked. Trying to avoid the noise in between.
Gamestop MACD turning positive(⬆️ MACD Begins on chart)
Last time MACD turned positive, 20days ripping +%500 followed.
That previous run began BEFORE RK appeared. This time around, plenty of catalyst are present.
When a parabolic curve is presented, the second wave is twice as fast and aggressive (high).
I dont see this next %500 run in June taking 20days.. NYSE:GME #GME
GME Back AgainGME has struggled to maintain momentum lately, but it's a process. This week it has finally been building some solid strength. Some nice higher highs and higher lows for a change, rather than those impulse moves. Looking pretty great to go and test the week's highs and beyond IMO. Here's some potential bullish and bearish paths. Really like the way GME held the $20 area and is now grinding back up.
GameStop Odyssey: Retail Triumphs and Marvels through EFI/VolumeThe "GameStop Odyssey" timeline serves as a vivid testament to the sheer force of retail trading and the enduring appeal of GameStop in the financial markets. This chronology isn't just a recount of stock prices and trading volumes; it's a triumphant saga that captures the strategic pivots, significant milestones, and the unyielding spirit of individual investors who've rallied behind the stock. Despite recurrent skepticism and often negative media portrayals, GameStop continues to emerge as a symbol of what enthusiastic and coordinated retail investors can achieve. It underscores how, against all odds and negative forecasts, the community-driven force behind GameStop keeps the company relevant and dynamically engaged in the stock market's limelight.
By detailing each significant spike and drop in stock prices alongside corresponding EFI/volume fluctuations, this timeline does more than track financial metrics—it illustrates a narrative of resilience and retail investor empowerment. Each entry highlights how GameStop has not only survived but thrived, navigating through waves of market volatility and media doubt. This chronicle aims to inspire and educate, showing that the narrative of "dumb money" is a misnomer; instead, it's a story of strategic triumphs and collective investor savvy, proving time and again that the spirit of the market lies in the hands of its participants.
### GameStop Timeline with EFI and Stock Prices
**September 28, 2020:**
- EFI: 500 million
- News: GameStop was undergoing strategic shifts and significant interest from retail investors, focusing on transitioning its business model towards digital sales channels.
- Source: (news.gamestop.com)
**October 26, 2020:**
- EFI: 500 million
- News: GameStop continued to gain attention from retail investors, announcing plans to strengthen its online presence and enhance customer engagement through e-commerce initiatives.
- Source: (news.gamestop.com)
**December 21, 2020:**
- EFI: 500 million
- News: GameStop announced further strategic updates aimed at improving its financial performance and adapting to the evolving retail landscape.
- Source: (news.gamestop.com)
**December 28, 2020:**
- EFI: 500 million
- News: GameStop's stock surged due to increased interest from retail investors on forums like Reddit, marking the beginning of the stock's volatile period leading into 2021.
- Source: (news.gamestop.com)
**January 4, 2021:**
- EFI: 500 million
- News: GameStop maintained a higher EFI level as interest in the stock grew among retail investors, with discussions on WallStreetBets gaining momentum.
- Source: (news.gamestop.com)
**November 29, 2021:**
- EFI: 500 million
- News: GameStop continued to be a topic of interest post-meme stock phenomenon, with investors watching the company's performance and strategic decisions closely.
- Source: (news.gamestop.com)
**March 14, 2022:**
- EFI: 500 million
- News: GameStop's financial performance updates highlighted ongoing efforts to turn around the company's fortunes, focusing on digital transformation and operational efficiencies.
- Source: (news.gamestop.com)
**August 15, 2022:**
- EFI: 500 million
- News: GameStop emphasized enhancing its digital platform and customer experience, continuing strategic changes aimed at strengthening its market position.
- Source: (news.gamestop.com)
**March 20, 2023:**
- EFI: 500 million
- News: GameStop's ongoing performance updates focused on strategic initiatives and financial health, with investors assessing the impact on the stock's performance.
- Source: (news.gamestop.com)
**April 10, 2023:**
- EFI: 500 million
- News: Keith Gill, known as "Roaring Kitty," revealed he was holding $181.4 million worth of GME stock and call options, causing a significant surge in the stock's price.
- Source: (news.gamestop.com)
**May 13, 2024:**
- EFI: Spiked at around 510 million
- News: The EFI spiked at around 510 million, and it wouldn't again cross the 500 million EFI/week until this past Monday, indicating significant trading activity and interest in GameStop stock.
- Source: (news.gamestop.com)
**June 3, 2024 - June 5, 2024:**
- EFI: 510 million
- News: GameStop announced its preliminary financial results for Q1 2024. The results highlighted a net sales decline to approximately $0.872 billion-$0.892 billion compared to the previous year's $1.237 billion. The net loss is expected to range between $27 million and $37 million, an improvement from the $50.5 million loss in the prior year. The announcement indicates ongoing challenges but shows some progress in cost management and cash flow.
- Source: (news.gamestop.com)
[GameStop Analysis: From a Dad Who Dreams Big
Hello everyone,
I'm a single dad deeply into chart analysis, eager to share insights that might help others make informed trading decisions. Currently, I'm not in a position to invest myself, but I'm looking forward to joining you all soon. If you find value in my work and wish to support my journey into trading, any help would be deeply appreciated.
Here's my BTC address if you choose to contribute, would mean the world to us here at this little NYSE:GME hypestation!
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(at the time of creating this article no one at this location including me, the author own a single fractional share or position in GameStop. We do however feel the hype for NYSE:GME Proud of you all!)
Thank you for considering my work, and happy trading!
GME Ascending WedgeI'm still long GME, but it may fail here unfortunately. It'll probably need some time to cool off unless it can hold up here.
Why bullish on GME?NYSE:GME 1.Fibannacci Retracement give us a price of 510$ per share in the all monthly chart.
2.Even with this move at 80$ the EMA CROSS SLOPE did not show us the long+2 signal.
3.MACD has crossed with a green buying singal and an uptrend verifacation
4.RSI at the lows with a revelsal forward to potential buying pressure
5. 2BILLION in the bank
6.25% locked and DRSED
7.Insiders buying and not selling
8. DFV THESIS
9.potential digital transformation of the company
10. PROVED WRONG SHORT THESIS.
These ten reasons are enough to just be BULLIsh on GME
Thats my hummble opinion and of cource its not any financial advise.
ANYWAY MARKET SEEMS TO BE BULLISH....CRAZY BUT IT IS INSTEAD! NYSE:GME
The Ongoing GameStop Saga: A New Chapter UnfoldsThe GameStop (GME) story continues to captivate both retail traders and Wall Street veterans alike. 🏆 While the epic showdown between retail investors and hedge funds last year marked a significant chapter, recent developments indicate that this saga is far from over. Let's take a closer look at the latest twists and turns in the GameStop narrative.
A Rocky Start to the Week 📉
On Monday, GameStop opened in a monthly supply zone—a critical price area where selling pressure is typically high. As anticipated, the stock faced significant resistance and dropped 34% by the end of the trading day. This movement is a stark reminder of the volatility that continues to characterize GME.
The Technical Perspective 📊
For those following the charts, it's crucial to note that buying GameStop above $12.75 means paying a premium for a stock currently in a monthly supply zone. The $12.75 mark represents a discount price for potential buyers, suggesting a more favorable entry point based on technical analysis. Above this level, investors might be taking on additional risk by purchasing at higher prices within a supply zone where sellers dominate.
Is GME repeating the January-February 2021 Sneeze?This is not financial advice. It's actually smooth brain AF and I don't believe in trading bar patterns but hear me out, this shit looks mighty familiar.
#GME #DFV
gme looking at the 2w gme #gme NYSE:GME a possible continuation to the upside with key reaction zones
THE BATTLE IN THE CHANNELFirst of all I have to mention that what im going to write below is messed up,but you all will understand. My writing its not going to have any price analysis. Its going to flowing ideas about THE BATTLE IN THE CHANNEL.
The last few weeks we have seen a crazy volatility in the price action. We all have to agree with that this Battle is different than the others.
We expect crazy volatility.If you are lucky you can profit out of this.
I talk about GME. this volatility created THE CHANELL.
So, people jump in and expecting to profit out of this volatility.
I say,hold a second.
As i said you trade this volatility,you lucky,you make money.If you are not lucky,you no money no honey.
So after the break out of the 3.5 years FALLING WEDGE the price went BBRRRRRR,AND THEN BOOM 17.72$.
I bought one more time the dip. Volatility kicks away the loosers.
The price is in an uptrend chanell.
We call it THE CHANNEL.
10$ UP TREND CHANNEL.
I put out of conversation the parabolic movement to the 80$.
Back on THE CHANNEL again.
After of a few good news last week we saw the volume going down.But thats ok.
The price is at a good potision at the moment.
I feel that the price action after the break out its normal for the size of the money as at the size of the time on this HUGE falling wedge.
I believe that whoever reads this knows how a falling wedge works.
But this kind of approach to find out what the price is going to be in the future its very basic.
In this play THE BATTLE for the Bulls and the Bears is back again vol2 at this nice up trend CHANNEL.
Its goin to be very intresting in the month of June.
Lay back get your bananas and enjoy THE BATTLE. iTHINK BULLS HAVE THE UPPER HAND IN THIS ONE. LETS SEE...
Ofcource none of this above are financial advise. How can it be?
PS: If the MOASS theory comes true, then this play is going to have a long way up trend inside THE CHANNEL with the upside downs also.
Parabolic of course,eventually! NYSE:GME
Deffinetly Its going to be extravaganza style. NYSE:GME
GAMESTOP Will the meme stock have another gap up tomorrow?GameStop Corporation (GME) had a massive +75% opening today, product of 'Roaring Kitty' latest news, but corrected from $40 to sub $30 intra day. We saw a similar pattern during GME's previous rally on May 13, with a 1st Gap Up that was followed by a 2nd that eventually formed the 64.90 Resistance.
Both sequences started off with a Higher Lows rise and identical 1D RSI patterns. It appears we are currently on Gap Up 1 and the late session consolidation may give way tomorrow to an equally impressive Gap up to test 64.90.
Of course never forget with such kind of stocks and high importance after of pre-market news can drastically alter the technicals.
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Strategic entry points after GME’s technical explosionGME experienced a significant advance following ‘ Roaring Kitty’s ’ appearance on social media, which caused quite a stir and a sharp increase in the stock price for both GME and AMC .
After a spectacular rise, including a gap-up opening, the price began to fall, trapping many traders, as often happens in these types of technical explosions while seeking to fill the gap.
Now, after the gap has been filled, there is a good buying opportunity, as a punctual bounce back is very likely, where one could generate a quick profit. However, even though the odds are in our favor, we should always protect ourselves with a stop-loss order right after opening the position, to cover our backs.
WHY BULLISH ON GAMESTOP? Part 21. The set up is here
2. Volume is here
3. MACD is here
4. RSI is here
5. TRILLIONS IN THIS SHORT BET is here
6. 20$ CALL OPTIONS is here
7. Roarring Kitty aka DEAP FUCKING VALUE is here
8.Rayan Cohen is here
9. Me and you are here
10. BIG TIME BAG HOLDERS SHORT SHELLERS ARE HERE
So,now that everybody is here the music can start playing,start the party, cause i dont think job is done. Did the job done? I dont think so. When job done, GAMESTOP for short selling hedgies.
No any other technical analysis can be done at this point.its going BBBRRRRRRRR. NYSE:GME NYSE:GME
None of the above is a financial advise. Its just opinion.
GME - Is It Time?If you've been following the GME saga you probably already know about DFV's YOLO post on Reddit. Just as folks were starting to think things might be over, GME had been quietly holding the $20 area and began making higher highs and higher lows leading into close last week. All while the options chain was continuing to be hit over and over by large 6/21 call orders.
I've been burned on this thing this year, so I'm cautiously optimistic. The squeeze seemed inevitable, but timing it is very difficult. I'm lucky to have a small position in some 6/21 calls if tomorrow is the day.
$GME 27 AFTER EARNINGS !!NYSE:GME 27 AFTER EARNINGS !!
Improved Net Income and Turnaround Efforts:
GameStop turned a net profit in 2023 for the first time since 2017, indicating a significant improvement in its financial performance. The company's ability to continue generating a net profit and restoring positive free cash flow is crucial for its turnaround and could boost
investor confidence, potentially driving the stock price up.
Revenue per Employee: GameStop is producing the second-most revenue per employee in the Specialty Retail industry among companies with over $1 billion market cap and over 1,000 employees. This high revenue efficiency could be a positive signal for investors, as it suggests the company is effectively utilizing its workforce to generate sales.
Share Buybacks: GameStop's increased EDGAR activity in April 2024 might indicate the company has been actively buying back shares.
Share buybacks can reduce the number of outstanding shares, potentially increasing the value of each remaining share and driving up the stock price.
New Investment Policy: The company's board approved a new investment policy that permits GameStop to invest in equity securities, among other investments. This new policy could lead to new revenue streams or strategic partnerships, which might positively impact the company's stock price.
Market Sentiment: The stock has been volatile in the past, with significant price movements driven by retail investor interest and short squeezes. Positive earnings results could trigger a renewed interest from retail investors, potentially driving up the stock price.
Product Expansion: GameStop is known for its video game-related products. However, tweets mention the company's expansion into other areas such as controllers, wall chargers, keyboards, and headsets. This diversification could attract new customers and increase sales.
Clearance Sales: Encouraging customers to purchase clearance items can help GameStop improve its revenue. This strategy could be part of the company's efforts to manage inventory and boost sales.
GME GAP TRAPWhich way first eh?
Quite a few stonks are getting "gap trapped" like this and something's gotta fill eventually!
LongI won't say much about my analysis but as you can see my first target is 33.7, please save the picture and thank me when the shares hit the target↗️
GameStop (GME): What Lies Ahead ?A pivotal moment as the stock breaks through the channel with a bullish surge, hinting at a potential shift in market sentiment. Here's a closer look:
Positive Indicators:
• Financial Resilience: There are signs that GameStop is gaining control over cash burn and losses, suggesting a possible turnaround in its financial stability.
• Margin Expansion Potential: Optimism brews around the prospect of improved margins, driven by a strategic shift towards higher-margin software sales and ongoing cost-saving initiatives.
• Strategic Capital Raise: GameStop's decision to capitalize on the recent share price surge by issuing shares at a premium indicates a proactive approach to bolstering its financial position.
Challenges and Concerns:
• Earnings Reality Check: Q1 results falling short of expectations raises questions about GameStop's ability to adapt to evolving market dynamics and meet investor demands.
• Management's Communication Strategy: Limited engagement with investors, marked by the absence of conference calls or Q&A sessions, fuels speculation about management's long-term vision and transparency.
• Sales Dynamics: A complex mix of declining hardware sales, shifting software preferences, and the rise of subscription services presents formidable challenges to GameStop's growth trajectory.
Navigating through this landscape of opportunity and uncertainty, investors are left to ponder whether this bullish surge marks a genuine turnaround or merely a temporary reprieve in GameStop's tumultuous journey.
Disclaimer: Market movements are inherently unpredictable. Always conduct thorough research and consider professional advice before investing.
GAMESTOP SOARING from $25 to $111 - $168 range.GME just got $1 BILLION dollars in funding. Price expected to rise past all short squeezes in the $120 - $168 price range. This stock just went from a simple meme to opposing sides on institutional traders that even Kramer is beginning to call it a good investment (not that his opinion matters at this point with the amount he flip-flops with retail investors money)
Invest smart, invest hard. This one's to the moon.
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Roaring Puppy 🐶 out.
