APE
We're "Dumb Money", so why are we up 2,200%? 🧐💰Every time I hear "Fundamentals" being thrown around on Citadel-owned main stream media and news articles, I have to laugh. I buy another share. I get APEISH. 🦍🌕 This is simple supply and demand. As we see here, the ape gang is diamond-balling it to 60, a well-known resistance and we're about to smash through! If you check there is strong consolidation between 57 and 60, which is good for us. I smell a gamma squeeze comin' (how do we know? Look at the options chain and check the IV for how ppl feel about the stonk, demand is going 🆙).
I like the stock the more I run into other apes. What we're experiencing is the market discovering new price action like a free market should. Other growth stocks have been so removed from fundamentals for a long time. And yet on the news its used to villify the retail trader. What a JOKE. LOL
Holy diamond balls, Batman! AMC is on the money! 🚀🌝AMC is moving in beautiful form! Look at this buying pressure! The area on the 50 SMA was starting to show signs of buying pressure, and here we are bouncing at 60. I am beyond blown away at this, and all I had to do was use my fUnDeMeNtALs to see that AMC is going to the moon! I'm buying more shares, I am an ape after all! 🦍 🚀🌕
GME gearing up for more upsideAs predicted in my older posts, GME is now nearing the completion of the Cup and Handle pattern. This is very bullish, and indicated that it is ready to continue its long term upward trajectory.
The long term trend we see with this pitch fork from the ATL to first peak and next low outlines that we should be expecting another test of the top of the 1x trend line at around 760 to 800, and after that, we could even see a run to the 2x trend line like in January at around 3000 to 3200 within a months time. This is the best case scenario.
I consider this trend invalidated if we fall below the purple zone between 90 and 80.
The Bored Ape Yacht ClubRecently joined BAYC
Floor price on Opensea.io since buying my first ape has increased by .8
Great community
Recommend buying one of these apes before they are too dear
opensea.io
APE.ASX_Breakout Trade_Retrace_LongENTRY: 15.11
TP1: 16.95
TP2: 20.21
SL: 14.11
- ADX<25. Would like to be higher.
- RSI>65
- RS +ve
- FFI -ve but reducing
- MACD daily +ve
- Weekly chart looks good breakout if maintained above 14.94
- Breakout from resistance yesterday with good volume today
- Retraced today with lower volume while maintaining above 14.94
Clearly upwardLots of talk across the subs and social media etc about a launch, and some interesting discussion about the cup w handle pattern. The CwH may pan out, but there are some loose requirements that this pattern doesn't fulfill. We'll see if that's in the cards. Also, that would translate to something like 700/share or something to that effect if it follows the "normal" run of the CwH. Given the potential this has from the unbelievably painful place the HFs are in, I expect it to go much much higher. Maybe it'll get to the 700 area and retrace a little then go back up? Who knows.
In the chart here I saw that there's a very consistent upward trend line showing the way to reasonable expectations for the price action. It may prove more accurate in the long term.
I'm long the stock and have no doubt that we'll see some completely bonkers returns, but as far as a timeline I'll leave that to the dreamers. No way of telling for sure. All I know is, at some point, the shorters are gonna have to pay the piper. If they don't it will have devastating repercussions on the American free market, and the world market as a whole. No one will trust the American market for a very long time and the long-term losses will be astronomical. It will effectively tell the world that democracy and free markets are dead.
I have trouble believing the government would pass up the opportunity to collect all those tax dollars from all us knuckle-dragging, poo-flinging primates once we drain the HFs, anyway. But, given what complete turncoat, lying mfers they've been we can only hope they'll play by the rules that got us all into this whole thing.
Either way, hodl me hearties. Hodl. It's worth my money to make them sweat.
NEVER FORGET 2008.
Funny chartart into NFC turning ??Anyone interested in the APE as NFC ? huehue hue ...
If yes feel free to hit me in private message :D
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ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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