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AMC To The Moon 🚀 - Why AMC will go to $100 and BeyondIdea for AMC: - AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze. - The price action tells it all... Analysis: - The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have covered. - Most of the shorts' stops should have been hit in this breakout, but it is likely a whale doubled down on their shorts to defend their position from $20~. - There has been 2.5 years of accumulation for the bulls, in a harmonic spring (falling wedge) that has broken out, and we are now caught in a bull flag with the shorts doubling down... Even if price does not breakout in this test, there is too much energy to be stopped IMO! - It is clear where the whales' stops are: above $20 there is a liquidity zone to $36, and above that, $100 is very likely. Above that, even I don't know... 🚀🚀🚀 "He who sells what isn't his'n, must buy it back or go to prison." - Daniel Drew GLHF - DPT
NYSE:AMCLong
by UnknownUnicorn1043646
13
$GME - FTD Reset Cycle UpdateHi all, None of this is financial advice. I'm not a financial advisor. Looks like my last prediction based on GME's FTD reset Cycles was correct give or take 1 day (I called May 14, but we actually saw the movements on May 13). Because of this, i'm taking a second stab at calling the next FTD reset cycle/s. I've highlighted the previous cycles, how they've supposedly ocurred and their results. I've also added the future reset Cycles and what to possibly expect before and after they occur. Keep in mind that the GME wedge ends somewhere around the 5'th of June, so i've flagged all FTD reset events around that area for your viewing. 1) Keep in mind that the FTD reset cycles don't equal squeeze territory. At this point in time they indicate periods of "interesting" price movement. 2) There was interestingly high amounts of shorting that is extremely visible (to me at least) for this last T+35 period (Pink Colour) which to me indicates desperation by the shorts to bring this down and/or them knowing we're near the end so they're rattling the cage they're locked in trying to get out... I don't know for sure, but that's what the pink colored parts of the chart are telling me. It's the first time they didn't reset FTDs before T+21 but instead re-shorted more with the intent of resetting at T+35. If that drastic change of tactics doesn't indicate desperation, i don't know what does. 3) I've drawn with Red/Green lines that indicate the possible directionality before/after the FTD reset cycles. These are quite guestimated and it's my first time trying to guestimate the direction before/after an FTD reset based on past directional changes, so don't take this data seriously. It's more of a first test for myself to see the accuracy of my current guestimations. I'll be improving the accuracy of these guestimations/data extrapolations as time progresses. To be honest, i don't think this will drag on so long that i'll have time to gather more data to extrapolate more accurate direction movement during/before/after FTD resets, but ok... whatever, you never know. 4) A large enough runaway price move that cannot be controlled by the shorts is all it will take to get this train going. We don't know when, how and what will cause this. All we need to do is hold and wait. 5) Possible catalysts still include: Ryan Cohen exercising his right to buy +7 million more shares. He can likely exercise this after the shareholder meeting. Overvoting (More votes than share float). CUSIP change? (Unconfirmed, my own theory) Share recall (Unconfirmed, my own theory) Share Split (Possible, but unlikely to happen due to financial requirements) Dividend (Possible, but unlikely due to financial requirements) Joining a new Index like the Russel 1000 or others (Unconfirmed, my own theory) Shorts capitulating (Possible, but will take patience and holding as the shorts are bled dry) Right now there's nothing else to do with GME other than to buy and hold. None of this is financial advice. I'm not a financial advisor. I'm just a guy from a village that's owned GME since January for his entire life's worth & more who's done endless due diligence to be sure his investment will pay off.
NYSE:GMELong
by leenixusu
6
Is GameStops Crunch time coming sooner than you think?As seen here, we can observe a cup with handle pattern, which is usually followed by a substantial growth in share price. This failed to occur. We also saw a breach of the lower side of GME's wedge/triangle, followed by a forced rally (Pump). This was not genuine support, hence the lower Daily highs allowed a continuation of the wedge. We are now at the pointy end of things according to the chart (not the hype or margin calls) and Positive Cashflow indicators will assist with anticipating either a positive or negative breakout. Several Cahflow Indicators are required to track monies. Remember that the rule 'for every buyer there is a seller' is NOT a rule. Sometimes there is one large seller buying from many smaller ones. Sometimes there are many sellers selling to one large buyer. Sometimes a seller will bow down to a buyers price and sometimes a buyer will have to reach high to bet a price. So in the market, know that all transactions are not equal & finding the right Indicators will allow Speculators to anticipate GOOD money activity as well as BAD. Don't trust hype, nor any person who preaches that you should buy based on FOMO, or who derides sellers as though they are playing the Crypto market (with other amatuers). The stockmarket is not an amatuerish wild beast like Crypto, it is well seasoned. Yet the more Crypto investors that play the stockmarket, the more we will see reflex activity and ramping. USE INDICATORS AND PLOT CHARTS therfore. Methinks it's GME Crunchtime already, not in a few days time. So who's going to be in front and who's going to be left behind? Get charting, plot and overlay Indicators and find out ASAP. GLTAH NOTE: Heiken Ashi Candles used. If share goes above $280 then it should test $340 soon enough due to FOMO and hype. If it doesn't go to $200 within the next couple of trading days then it will likely crash to $119 & if it falls through that $90 will be it's next test for support.
NYSE:GME
by lute
6
GME - Break of the TriangleHello fellow Apes, I hope you are all doing well! In this analysis, we have are moving inside a huge triangle and are currently at the bottom. We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $220, $280 and then $415 and even higher as soon as the Short Squeeze begins. To every analysis, we have to be prepaired for the alternative scenario, which would be to break bellow the triangle, however, I truly think that this is highly unlikely. We have 3 support LVL's at $117, $84 and $43. I don't think that this would happen, however, we would most-likely stop at $84 if this were to execute. Controlling your emotions is one of the key elements in being profitable in trading and now is the time for the market to test your control. Do not panic sell as there has been massive sell-off in most of the volatile stocks as the investment funds of the stock market are currently in Crypto, so that is why we have fallen so much. As soon as the Crypto run fades away, the Short Squeeze would begin and we are going to get that Banana! Thank you for the attention, I wish you an amazing Friday!
NYSE:GMELong
by donaitelo
2
Volatility Asset - GME To The Moon 🚀Idea for Gamestop Corporation: - Gamestop earnings are approaching! Speculation: Gamestop will rise to $2000+ USD, causing liquidation crisis fears in the 1.5 quadrillion USD derivatives overhang, and Congress will announce that foreign investors such as the CIC have purchased Gamestop shares as an act of economic warfare through BlackRock to engineer a liquidity crisis, and will freeze BlackRock to prevent foreign sovereign investors from withdrawing their funds. This will trigger a global financial lockdown, and likely the loss of the dollar's global reserve currency status, enabling a new global digital currency. BlackRock is the Strait of Hormuz of global markets. Gamestop for the markets and the American Multi-Cinema. Crucifixion. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
NYSE:GMELong
by UnknownUnicorn1043646
10