Could it be... GMEEarnings next week. Kitty head master tweeted.
Let's see what happens. Looks nice on the weekly but who knows if it has another move in it. Keeping an eye on volume.
If anything GME could see one last major move higher but that's based purely on gut feel and chart setup right now.
Could also dump, but $20 seems to be pretty sound support. The break of the major downtrend is pretty bullish after years of downwards chop.
GME/CHWY ratio. GME looks to be near the bottom of range could see another top towards high of range.
DFV
$GME - First signs of something possibly happeningHi guys,
My data didn't show the last couple of large spikes making me think they were completely related to DFV's forced MM share buying to hedge which is why i didn't post anything.
Now i'm finally seeing small signs of something possibly happening. Nothing concrete yet, still the begginings of what might be something.
My algo printed a buy for GME and it's the one that kinda predicted big pump to $75, also other data partially confirms this is not a false positive print.
I plan to open a small position at some point just in case. Won't be sharing the position here as GME is an important trade and i don't want my trade to be affected by various factors caused by me sharing my position.
imgur.com
My data shows a spike in the blue line data which is significant. It it continues rising, then we'll see a price pump eventually. That's all i can say for now.
ALL UPTRENDS + BULL PENDANTAny DD at this point would be a waste of time as you all mostly know by now the stock is being manipulated heavily by naked shorts. That being said were just looking at the chart for a time and price estimate. As you can see most of the uptrends are all looking in the same direction. Theyre all looking at around the $500 + price mark at around the end of October or beginning of December. To me this seems reasonable. It may correlate well with banks needing 1 trillion by the first of October. To me the worst case scenarios is it dipping slightly before launching. As always, I do this for fun and make a pretty decent living out of it but I am not an advisor. I DO NOT TRADE this stock, I ONLY BUY AND HODL. Most of the stock market is risky for me at the moment and I feel GME is a safe haven for my funds.
Thats all. have a nice day!
God Bless
$GME - Next GME Bull Cycle is hereThe 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
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4/16, 4/20; Orangutanian OnitheorimancyI intentionally neglected to label the obvious patterns (the Big Banana Breakfast, Gravity's Rainbow, the Baby & the Bongwater, One Hundred Years of Solid 'tude, Bonobo's no-nos, Havana Banana Boat Float GOAT, etc., etc..) in favor of the crisp contourage of the raw Orangutanian Onitheorimancy unobstructed.