The battle of speculation on GME stock is over. Time to sell !!
Updated
Last week's run-up and plunge in Gamestop stocks is very similar to the "sitekabu" that has been occurring from time to time in the Japanese stock market.
This is a battle between buyers and sellers.
The stock of a company with little to no future potential suddenly rises for no particular reason. Lured by this, individual investors buy them up and the stock price soars even higher.
Then, they form a tower called "The Locust Tower".
However, the rise in stock prices cannot go on indefinitely; it will stop. This happens when the volume of shares decreases at the maximum point of the rise.
It indicates that there are no more investors left to buy at higher prices.
Then, investors with buying positions start selling in a hurry to lock in profits.
After that, the stock price will drop sharply due to selling. And it is highly unlikely that it will rise again.
"The Locust Towers" is collapsing.
I am a trader in Japan, and I am very interested in this move of the Gamestop stock, so I posted my trade idea.
By machine translation
This is a battle between buyers and sellers.
The stock of a company with little to no future potential suddenly rises for no particular reason. Lured by this, individual investors buy them up and the stock price soars even higher.
Then, they form a tower called "The Locust Tower".
However, the rise in stock prices cannot go on indefinitely; it will stop. This happens when the volume of shares decreases at the maximum point of the rise.
It indicates that there are no more investors left to buy at higher prices.
Then, investors with buying positions start selling in a hurry to lock in profits.
After that, the stock price will drop sharply due to selling. And it is highly unlikely that it will rise again.
"The Locust Towers" is collapsing.
I am a trader in Japan, and I am very interested in this move of the Gamestop stock, so I posted my trade idea.
By machine translation
Trade closed: target reached
The GME has predictably crashed for two days and is now almost back to its pre-crash levels.That's the end of my trading ideas.
Thank you for your support of my ideas and your participation in the discussion.
Note
correction.>back to its pre-crash levels.
back to its pre explosive rise levels.
11/30と12/14に新宿でトレード教室開催。12月は完売。11/30は残席僅かです
eagle-fly.com/fp/mzschool20241112/
著書
エンタープライズ®トレード・ブック
eagle-fly.com/fp/efmz/
エン・スパ掲載 週刊SPA! 掲載
tinyurl.com/y35agwsq
「イーグルフライ」で解説中です。
eagle-fly.com/mm/
eagle-fly.com/fp/mzschool20241112/
著書
エンタープライズ®トレード・ブック
eagle-fly.com/fp/efmz/
エン・スパ掲載 週刊SPA! 掲載
tinyurl.com/y35agwsq
「イーグルフライ」で解説中です。
eagle-fly.com/mm/
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