GME is in a great position to RUN from a technical perspective
Since the April low, GME has seen price improvement of 30%+..right in line with our prediction that May/June will see MAJOR VOLUME and potentially EXPLOSIVE PRICE IMPROVEMENT (no crystal balls and no guarantees people..smh)
Near Term Expectations
MOASS Rocket Fuel
MOASS Rocket Fuel
MOASS Rocket Fuel
GOOD TRADING TO YOU!
Since the April low, GME has seen price improvement of 30%+..right in line with our prediction that May/June will see MAJOR VOLUME and potentially EXPLOSIVE PRICE IMPROVEMENT (no crystal balls and no guarantees people..smh)
- Will GME DIP to SUB 20 before MOASS? Possible but Highly Unlikely and would require a significant move lower in the Broader Market to facilitate such a move.
- That festering thought in the community is just more REDDIT NON-SENSE (e.g. "TA is bad", "Options is bad", "Price Anchoring!") and is NOT based on any real TA that i've seen. Again Is it possible? YES!...but so is GME going to $5..the question is if its PROBABLE
Near Term Expectations
- Continued positive price improvement that takes us up to the Convertible Bond conversion level near 30
- Once that level is breached we should see a move to 34ish and then some sort of retracement back to near 29/30 ish
- After that we should see pretty aggressive price action that sees us head up the Fib Pair Elevator as described in the last video
MOASS Rocket Fuel
MOASS Rocket Fuel
MOASS Rocket Fuel
GOOD TRADING TO YOU!
Trade active
Since last year I have been consistent in saying that the 28ish region is where things get out of control for SHORTSBased on multiple VPOCS and price action it appears that 28.85 is the exact level that they are protecting
Also remember The Cat's sitting up in the chair Meme that put last years April/May runup into overdrive?
He posted that on SUNDAY, MAY 12th 2024
The very next day on Monday, May 13th price exploded thru that 28.85 level
Coincidence?
I THINK NOT
Trade closed: target reached
Morning!Casino will be open shortly
As usual I have my eyes on the VIX and the broader market as synergy with GME is welcomed and needed, for now, to continue higher
Lets see what we get!
Note
And thats a wrap!Nice push end of day in line with the market
Like I said: SYNERGY is welcomed and needed..until its not
Lets see what the rest of the week brings
Note
Morning!Casino will be open later
Staring at the VIX as usual lol
Lets go!
Note
Heavy SHORTING again todayVIX has been dropping all day but GME is FLAT
Note
And thats a wrap!Another day of HEAVY shorting
Some of this is keep the lid on things and closing the month out with any major moves
And some of it is probably Arb traders
And some of it is probably legacy shorts
But May is right around the corner and as you know I expect significant price improvement during the month
Time will tell if I'm right
Note
Morning!Casino will be open later
End of the month so expecting fairly low volatility and movement but lets see what get
Note
And thats a wrap!Got a little bit more volatility today than I thought we would get
Tomorrow is a new month :)
Lets go!
Note
Morning!Casino will be open later
Well we are now in May...
Lets see if any of the things that i talked about in the last video happen this month :)
Note
And thats a wrap!Made a new local high then pulled back
Good way to start the month
Lets go!
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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.