$GME - Next GME Bull Cycle is here
The next GME bull cycle is here.
Aug 24 - Sept 02 bull run, to unknown price range.
Possible continuation until the 8'th of Sept.
9'th of September futures rollover we will either MOASS or drop down significantly as we did in March and June and wait until the next cycle and repeat.
All in all, the general floor is increasing by $10-20 every cycle so if you held for a few years at a good price (let's say $150, you'd be golden). The ceiling for the other side of the trade is decreasing which is why i have doubts we'll touch $300's again. If we go beyond $260 in my opinion, that's margin call territory. On September 1, their margin requirements for SWAPS/Futures increase x 25 due to Phase 5 of UMR. That will put significant strain on "them" and perhaps deny them the ability to rollover the GME Swap Future position into the next quarter. Regardless they will take a loss on it and we will runup to 'some' price in the next 2-3 weeks.
If the margin requirements are too hard on them which they should unless they are exempt, this should/could be marge calling, but regardlesst of that, there WILL be a runup, it's just a question of whether this is the one or not. If its not this one, it could be the next one.
Buy & Hold
reddit.com/r/Superstonk/comments/p21f5x/cycles_dtccnscc_stuff/
Aug 24 - Sept 02 bull run, to unknown price range.
Possible continuation until the 8'th of Sept.
9'th of September futures rollover we will either MOASS or drop down significantly as we did in March and June and wait until the next cycle and repeat.
All in all, the general floor is increasing by $10-20 every cycle so if you held for a few years at a good price (let's say $150, you'd be golden). The ceiling for the other side of the trade is decreasing which is why i have doubts we'll touch $300's again. If we go beyond $260 in my opinion, that's margin call territory. On September 1, their margin requirements for SWAPS/Futures increase x 25 due to Phase 5 of UMR. That will put significant strain on "them" and perhaps deny them the ability to rollover the GME Swap Future position into the next quarter. Regardless they will take a loss on it and we will runup to 'some' price in the next 2-3 weeks.
If the margin requirements are too hard on them which they should unless they are exempt, this should/could be marge calling, but regardlesst of that, there WILL be a runup, it's just a question of whether this is the one or not. If its not this one, it could be the next one.
Buy & Hold
reddit.com/r/Superstonk/comments/p21f5x/cycles_dtccnscc_stuff/
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.