GME- Game On
We will save the long diatribe and let the charts do the talking
Remember in Elliott Wave Theory all Fibs are significant but the 618s (0.618, 1.618, 2.618, etc) are particularly magnetic to price.
B U C K L E U P
Remember in Elliott Wave Theory all Fibs are significant but the 618s (0.618, 1.618, 2.618, etc) are particularly magnetic to price.
B U C K L E U P
Note
Zooming in a bit
Again watch all of the 618 fibs
Note
Broad market weakness dragging on price but we are still in a good spot
Note
And thats a wrap!
Ran into some broad market weakness that helped drag price down
There was also a lot of bid smashing and spoofing aka illegal stuff lol, that contributed to the move lower
Market is on edge waiting on Fridays Jobs #s so we should get moving again as that plays out
Price structure is still EXTREMELY bullish and we are confident that we are headed to the called out target
B U C K L E U P
Note
Morning!
Casino will be open soon
As we mentioned yesterday we expect upwards momentum to continue as we get past the Jobs reports and earnings
Chart above works for now
L E T S G O
Note
Ok thinking we find a bottom and head higher from here
Note
Bottom may be in
If its not then we may see a move down to 21
Note
And thats a wrap!
Another good day!
Saw some selling in the first half of the day but price found some footing and moved higher
Expecting a fair amount of market volatility tomorrow in response to the jobs report
GME is in a really good position, price structure wise, heading into earnings
Things are about to get spicy
G A M E O N
Note
Morning!
Casino will be open shortly
Jobs report is out and there were no real surprises (#s will be revised anyways lol)
Lets see how the market reacts but GME in general is BULLISH
Chart above works for now
G A M E O N
Note
Ok should start heading higher soon towards Micro Resistance
Lets see
Note
Updated the micro resistance areas based on the latest price action
Note
Quick observation:
Market is selling off but GME is maintaining strength
Tick...Tock...
Note
Updated micro support/resistance based on latest action
Like we said...Tick..Tock..
Note
Ok lets zoom back out a bit
Note
Heads up:
Thinking we see a pretty aggressive move up to the 25 level soon
Note
And thats a wrap!
Suffice it to say this was a good day lol
Going to keep this brief as we are going to publish a new idea on gamestop with some bold predictions based on Elliott Wave
M E O W
lol
Note
As we said we will be publishing a new idea on GME soon but this gives a good idea of where our head is at on this
Related publications
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.