Gamestop triangleThis long term triangle pattern has been setting up for over a year now so could potentially be a very large breakout, perhaps coinciding with the upcoming stock split.
GME trade ideas
4 to 1 Dividend stock split announcedTimeline is now set to July 22nd. Who will be the first to give in and buy back their shorts? They might survive.
All shorts to be called in.
200 MA is at 145
above 160 is where it gets nutty. Would like to see a full 1-2 closes over 160 and after that we should start seeing large margin calls come in.
GME Busting through Major Resistance GME is not only now Boomin in the NFT market, along with 7 days until a stock split dividend, but it is ripping! Have we made to MOASS???? Stay tuned I’m Bullish AF
GME - Warming up for upside breakThe buy zone I posted a few months ago acted as a solid support 3x already.
The stock is trying to break to the upside, but the gray falling trendline is showing solid support.
Recent accumulation below this trendline gives me the indication of high probability of a break. In this case, my two targets are the green zones at 190 and 235
GMe GMe has been in a range. Flat support landing around 113, and heavy resistance up towards $145.77. So far we have been ripping but definitely keep an eye on this resistance because it is going to be a monster resistance for it. There have been a few weeks that even go up to about 147, so it’s very volatile for sure. Personally I am looking for a rejection up in that range but it’s very tough to see exactly where because it’s a range from 145 to 1:47. If you got the guts this could be a great shorting opportunity in any of this box appear with stops somewhere above 149 148 depending on your risk. It’s just what I’m looking at I don’t believe it’s going to break to the upside out of this range but if it does, then I would be targeting 161 70 As the first resistance point and if we did clear that as high as170. I am not a GME bull but it has been showing strong signs so be very careful But maybe start averaging in up towards 147 on shorts
742 by Mar 2023 (185.50 post split)Used Moon phases on log scale at the weekly, some gann, and bananas for every meal.
742 in 180 days, similar setup to initial squeeze going into 2021.
100% sincere.
$GME regular flat is over (regular flat). Bullish moves incomingI have posted previously my bearish sentiment on gamestop after it completed its five wave impulse move. In my opinion, the correction is over and we saw a regular flat pattern. First impulse move was on thursday and we saw wave two today. So excited for next week!
Gann would buyInteresting breakout here because this is the real deal.
Change in price ($/share)met change in time at the daily level and change in price (%) met change in time (weeks), both 75.
Initial target is 283 pre-split.
summary on GMEOn GME we can see that after the break of the resistance line with strength and also with an impulse on the volumes we had a continuity of the trend as the chart shows. Thanks.
194 by June 24th 2022I've liked this setup for the past couple weeks and have had an approximate initial target of ~170-180. Something happened last week that gave me enough information to calculate a point target for the end of next week. I believe these next 4 trading days will be the beginning of a monster run to 300+.
My point target for June 24th is 194.12. If it can hold around that level without giving it all back, my target range by end of 2022 (likely by October 2022) is 333-357. This company has shown it can hang in the sky since its ascension back in 2021. That was all just a preview tho to true MOASS. If she gets to 300 chances are she ain't coming back and will achieve levels us apes cant even count to. Wow. Proud of u gamestop. We Believe in U.
Best,
Millie Bobby Brown
P.S. take my word that the stochastic RSI setup on the weekly is as bullish as it gets.
AnalysisAs you can see on the graph, we have a golden point. This is an intersection between the resistance line and the support line. On this action we are in an uptrend and we will not go against this trend. In this case we see that the support line is more important than the resistance line. Therefore, it will be wise to keep a careful eye on it. Thus, if the support line as well as the vwap indicator are forcefully broken by a large candle and followed by a large volume, it goes without saying that we would have a high probability of a downtrend. On the other hand, we would have an upward trend continuity if and only if the resistance line is broken with force by a large candle and followed by a large volume.Thanks for your attention.
#GME GME 10 day Countdown!!! Stock SplitThis is definitely the biggest event for GME since January of 2021
Now even the haters have to ask themselves how in the hell will the shorts get out of paying dividends on millions of synthetic shares???
Bullish AF
10 days from today July 11, 2022
History will be made!!! Or we will find out exactly how rigged this market is #StayTuned
GME Initiation wave C of a corrective sequenceI believe that GME is in it's third corrective wave after completing wave B this morning. I have been following this cycle for a while now and I think that this is the most probable scenario. GME was teasing the major trendline the last few days and has formed, what Thomas Bulkowski would call, a "three peaks and a spike". According to Bulkowski, the downtrend PT should be around 125$. However, the elliot wave analysis suggests that wave C would end in the purple box. My guess is that $125ish would be a support regionj but the price will continue the downtrend up to the purple box.
GME: Meme stock buy!GameStop -
Short Term - We look to Buy at 121.05 (stop at 106.04)
The trend of higher lows is located at 121.00. This is positive for sentiment and the uptrend has potential to return. Prices expected to stall near trend line support. We look to buy dips. Further upside is expected.
Our profit targets will be 166.95 and 180.00
Resistance: 167.00 / 200.00 / 240.00
Support: 121.00 / 80.00 / 40.00
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hanging upside down like proper apeSo everyone's probably getting frustrated or even nervous about GME price action.. but on my lunch break I was hanging upside down from a tree eating bananana like all apes do for lunch and I looked at my laptop out here in the jungle and noticed something I didn't notice until now which indicates we are about to bottom and finally start leg up to 169ish.
I always notice this pattern as a rounding top side up but never catch it as a rounding bottom up side top, you feel me? IDC
~169
Analysis on 4 hoursGood morning all! On 4 hours as you see on the chart we will have a big probability of a downtrend after a breakout with force the vwap indicator and the support line by a big candle with a large volume . thanks.
Back in the GameGameStop
Short Term
We look to Buy at 118.26 (stop at 110.74)
Preferred trade is to buy on dips. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 115.39 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 120.00, resulting in improved risk/reward.
Our profit targets will be 147.26 and 180.00
Resistance: 150.00 / 190.00 / 200.00
Support: 120.00 / 90.00 / 77.00
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GME don´t give up easily. SHORT at 117This stock is almost 1,5 years trapped in a big triangle. I can see chance to sell at 117 and aim for all green lines as profit targets. There is also a volatility contraction on 4H chart, so I´m expecting entry line trigger on Monday, Thuesday. If any 4H is able to close under 117, enter to trade. Wish you good luck.
Short Insomnia, Long Caffeine Idea for competition: short insomnia inducing all night gaming by selling short GME and buy long the czar of caffeine concoctions KDP. Rationale: As the economy enters recession, discretionary money for buying video games will decrease. Meanwhile, pressure from significant others to go make more money will result in an increase of caffeine consumption by the otherwise insomniac gamers. The result will be a very short recession, improvement in the labor shortage, and breathing room to fix the broken supply chains. Win-Win!
GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance.
I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80.
If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup.
GME looks strong and I am excited.
analysis-big probability of an uptrendGood morning all!! This morning, as you see on the chart we are in a bearish channel situation. Here, the resistance line is very more important than the support line. However, we have a big probability of an uptrend if we have:
1- Breakout of the resistance line by force by a big candle with a large volume;
2- Breakout of the vwap indicator also with force by a big candle;
Thanks for your attention.
Sometimes you just gotta feel #gut playReasonable pop to 158 about to unfold.. could get some momentum on a squeeze and keep going to 170-190... could tank, prolly not yet.
All in on this gracious discount. Pop should happen end of today or Monday.
