Topics:
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
- Synergy
- Price Structure
- 28 Level
- Next Targets and Sentiment
- Indicator Check
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
Trade active
This potential move in ES is signaling good upward movement for GME into earningsShould be an interesting week
Trade closed: target reached
VIX still setting up to move lower which is GOOD for GME tooNote
XRT will play a major part in this final runup over the summer..notice how it came directly down to the VWAP and bouncedWe all suspect that XRT is the main thing they are using to short price down thru their Redemption/Creation shenanigans (XRT is the biggest "smoking gun" in all of this..shame on you SEC)
But although GME is a very small part of XRTs basket of stocks we will most likely see an epic runup in XRT, respectively, along with GME...which from a fundamental perspective won't make sense to the "Talking Heads" on TV..but we will all know why
Note
As for our beloved GME we are headed to 27ish...and then potentially much higher as we get past earningsNote
Morning!Casino will be open soon
As expected seeing some strength heading into earnings
Lets see how the day progresses
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
Note
Green day but fairly quiet volatility wise..The price structure from this move up off the low is still filling out so this count is definitely flexible
Note
And thats a wrap!Overall it was a good day!
Lets see what earnings bring
MOASS; 06/09 - 07/09 with a curtain call first week in Aug
Note
Morning!Casino will be open later
Not expected much today with earnings looming after hours
So for now we wait
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
Note
And we wait...Note
And thats a wrap!Good day overall now lets see what the rest of the week brings
MOASS: 06/09 - 07/09 with a curtain call first week of Aug
Note
Notice the level price is hanging around in after-market...Thats the 27ish region that I mentioned we should head to next...
Hmmmn :)
Note
Morning!Casino will be open later
Seeing some good movement in the pre-market but there are tons of shares out on borrow to short so expecting some profit taking and shorting to cause a pullback.. but lets see
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
Note
Ok looking really good!We got what we call in Elliott Wave and "Extension" higher so need to see what levels hold so we can adjust this count
But as I said in the weekend update and many times last year..THE 28 LEVEL IS A PROBLEM FOR SHORTS
Note
Need to give this count some flexibility but this generally what im expecting at this pointNote
Wow...the amount of shorting is outrageous..and price is still holding up...we need to watch out but this is amazing to seeNotice the massive Selling delta in spite of this price action..
Note
Lets how this new count holds upNote
And thats a wrap!Well now wasnt that an interesting day..and the after hours trading is as well lol
From here on out things are going to be rrrrreeeaallllllyyy spicy most likely
Like I said the 28ish region is a problem for shorts and will continue to be..they are protecting it with their financial life right now...this is going to be fun lol
MOASS: 06/09 - 07/09 with a curtain call first week in Aug
Note
Note
Just seeing that GME is offering Convertible Notes. If I was an Institutional investor I would be jumping at these. Its not immediately dilutive like you may thinking as when someone chooses to convert them GME can choose to give you Cash/Shares on both. Additionally, you dont want to immediately convert these because they dont accrue interest so you need price to rise to really take advantage. Note
Ok so to stress the above this is a GOOD THING for GME people. But lets move on to something not so good...for shorts/MMsLook at the sheer amount of shares borrowed to keep this under control today...sheeesh this was an expense day
The alternative for them must be UUUUUUGGGGLLLLLLYYYYY
Week of 04/20 is going to be something to see
CAN-NOT-WAIT
Note
BTW you may not have notice but my BLUE line indicator started drawing lines out in Aug...it did that on its own based on what it saw this week...Curtain Call after 06/09 - 07/09
Note
Morning!Casino will be open later
ZEN Mode activated
MOASS: Going to tweak this a bit in the weekend update and I think you are going to like it :)
Note
Thats the VPOC cluster to watch..I say "watch" loosely as its very apparent to me that they can't stop whats coming in AprilIll check in after lunch
ZEN MODE ACTIVATED
Note
Fear not..this retracement is a good thing for those looking to by the Convertible notes..which are a good thing IMHO in and of themselvesThinking we see an announcement after business close today or tomorrow showing that sale was completed..
All I can tell you is that after you see what I show on the weekend update none of this will matter :)
Note
There is a lot of underlying buying pressure as you see from the indicatorsNote
Looks like they are targeting that lower VPOC..not that it matters much but lets seeNote
Ok thinking we turn higher from around hereNote
With that break of the low that confirms this to be an Expanding Flat CorrectionWhen this ends we should see a strong reversal...but nothing like whats coming a little later...
Zen Mode
Note
Note
Im almost certain that from that VPOC and below is where the Convertible Notes were sold..will be interesting to seeNote
Oh forgot to add the 22 level will hold..I said it before and Ill say it again..there will not be any sustained price action beneath that levelNote
Here is a Volume Footprint chartPretty clear to me where the Convertibles are being bought at:
22ish right near the VPOC that I said was the floor for all intensive purposes...
Just wait to the weekend update..
Note
And thats a wrap!Z-E-N M-O-D-E
I plan to do only 5 more Analysis videos on GME and then I'm going to put this analysis in the rafters and move on to my next major plays. The dates for those analysis videos are as follows:
-This weekend (03/29)
-04/19
-05/03
-05/17
-06/07
The BLUE lines are ALL-YOU-NEED from here
Note
Note
In this weekends update I'm going to overlay the blue lines with something that will guide you to GLORYBut here is your warning:
Knowing when something is going to happen IS NOT ENOUGH!
YOU MUST HAVE A PLAN ON HOW TO GET OUT OF YOUR TRADE
Market Orders- get filled at the "Next Available Price"...you better understand what that means
Limit Orders- may not get filled..you better have a plan if that does happen
Trailing Stops- are executed as Market Orders..see above
What will you do if you can't log into your trading platform or your Brokers phone lines are jammed packed?
If you are DRS'd, have you checked in with Computershare to understand how they plan to handle another squeeze?...they didnt do very well back in April of last year did they
This is NOT the time for HOPIUM...this is time to BE REALISTIC and HAVE A PLAN...AND STICK TO IT
TRADE WHAT YOU SEE...NOT WHAT YOU HOPE FOR
I truly want to see you guys win...LETS GO
Note
Morning!Casino will be open later
Fun Obversation:
The Convertible Bonds were priced at 29.85 means all parties involved want price ABOVE that level
In last weekends update and multiple times last year I said that above 28 is a problem for Shorts
Heck of a coincidence :)
MOASS: Will get VERY SPECIFIC in the weekend update
Note
I'm in Zen Mode but if youre wondering whats happening across the market take a look at the VIX and remember what I said in the past about the manipulation of the VIXThis is another round of shaking out weak hands as they position themselves in preparation for Q2 trading..
April will be different across markets and for GME
Note
Note
Ands that wrap!Be encouraged my fellow GME'ers
NOTHING that happened this week changed or impacted whats about to happen
It only made me MORE SURE that its about to happen
MOASS: Will get VERY SPECIFIC in the weekend update
As a reminder:
I plan to do only 5 more analysis videos on GME and then I'm going to put this analysis series in the rafters and move on to my next major plays. The dates for those analysis videos are as follows:
-This weekend (03/29)
-04/19
-05/03
-05/17
-06/07
I plan to start a new video series that will focus on the Broader Market and specific ways that I plan to make money during the coming market downturn that will most likely materialize later this year into 2026.
I will definitely still highlight Short Squeeze opportunities via my "Squeeze Me" series as I plan to help apply maximum pressure to crooked shorts. The Cat absolutely left a playbook on how to catch these crooks with their pants down. I plan to see how many "Archegos" type situations I can help cause..especially with the War Chest that I am building with GME and the other stuff I'm playing.
Good Trading To You All..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.