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Gamestop

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
$GME - They are now shorting while resetting FTDsHi ya'll, I'm not a financial advisor and this is not financial advice. I believe i've refined the T+21 and T+35 FTD reset cycle down much better and i'm able to give you a better visualization of WHAT I THINK is happening. Obviously i can't prove any of this. Obviously i don't have access to Citadel's or Bill's Family office to check their positions, so yeah, i have no proof. That having been said, i thought of starting to count the T+21 and T+35 cycles that Market Makers are allowed to leave an FTD in limbo until they decide to properly deliver and close it or reset it (e.g kick the can down the road) by borrowing shares from their buddies or buying deep ITM options. In February - March I'm see that 2 days before T+21, there's movement. Usually it's up by quite a bit. I'm also seeing that between 6-10 days later just before T+35 hits, the price goes up again 1 more time. I suspect that some family offices (not Citadel) were covering here. In March - May I'm see that 2 days before T+21, there's movement. Usually the movement is DOWN, so it's a dip. I'm also seeing that between 6-10 days later just before T+35 hits, the price used to go up by a bit, but now on average it remains constant and doesn't move up or down by a significant amount. What are they doing? Based on what i see on this chart, i believe that in the T+21 period that happened yesterday 3 of May, they also shorted GME. We know this by the data from fintel, gme.crazyawesomecompany and other borrow info sites. Today they returned those borrowable shares which indicates they were done with their current T+21 shorting. I believe that on T+21 there's bullish momentum from minor covering (because they can't fully cover at these prices) and they suppress the price by borrowing and shorting GME. With this theory and their borrowing habits, everything makes sense suddenly. Additionally, right before T+35 (around T+25-30) they tend to do another minor round of tiny tiny covering which they also try to suppress but can't fully do so due to them having used all the borrowable shares they previously spent 1-2 weeks accumulating to short the T+21 cycle down. This is why right before every T+35 the price returns back to the price it was before they shorted T+21. I've marked with a flag every impotant moment in time where there was GME momentum up or down. I also marked the points in the future that will have moment up or down. Important dates: May 14, May 24 and June 3. Incidentally, their last T+35 cycle ends exactly on June 7. On June 9 it's the shareholders meeting for GME. Nice timing. They want to milk this cow as much as they can till then. The horrible mistake they're going to make from today onwards is that IF THEY SHORT GME AGAIN TODAY ONWARDS... well the T+21 and T+35 for those shorts may fall within a possibly bullish period for GME because 9'th of June is Shareholders Meeting and earnings. You don't want to be caught doing minor covering/shorting within a bullish period especially for GME. If your covering creates even a bit of bullish moment, a tinkle of fomo from retail can ignite a rocket they never expected to go off. I believe they are greedy and stupid, so they will continue shorting even after today. I personally "want to" believe that May the 14'th is the day, simply because this day coincides 100% PERFECTLY with January 28'ths Mega Mega Mega huge amount of FTDs that were supposedly not closed, but only reset. How does it coincide with the 28'th of January? Well, From January 28 to May 14, the T+35 rule perfectly fits 3 times. Also on this date, we're 2 days before T+21 for the previous shorting period and if you've been reading, that means GME will move down or up due to minor covering or will go down because they'll short more. So it's a double whammy. It's BOTH the next T+35 period where all of the accumulated FTD's from January are going to be reset and some are bound to leak through while they might use Deep ITM calls to reset them, on the same day, they'll have the option to also cover the past T+21 shorts of approximately 750k-3mil shares. Don't get hung up on dates. Be responsible. Temper your expectations. Be wary of the date yes, but don't overhype them. No one can read the future. This is an educated guess based on the past and i'd like to believe it's accurate. Look forward to the date, but don't create a hype bandwagon otherwise when nothing happens on the 14'th of May, you'll be disappointed and cry in a corner in fetal position because you overhyped this DD.
NYSE:GMELong
by leenixusu
13
GME analysisPrice is still bullish, currently testing the trend floor where it is finding support at this moment in time. Overall, you can see that the price is approaching a wedge convergence area where it could break out into the upside and continue following the Fibonacci Retracement calculation - currently bouncing around the 61.80% support level. MACD is approaching a reversal area where it can potentially begin to push upwards again. This is supported by the sRSI being oversold, so the potential for a correction push upwards is higher. In simple-speak, the odds are in the bull's favour right now and price is still adhering to the technicals, even though it is highly manipulated. Bearish case is it breaks the trend floor and continues to push past the main support levels, but this would only happen if there were a huge sell-off from institutional investors and retail as well as massive shorting pressure - which doesn't seem likely to happen at this stage. This analysis is not financial advice, it's just an overview of what is happening currently.
NYSE:GMELong
by Siro_Guitar
GME TO DA MOONI see GME as a VERY, VERY, strong technical and fundamental play for it to go to the Moon. Firstly, GME is in a falling wedge pattern which is bullish. Also, the Bollinger Bands are coming closer together which means that the price has a higher likelihood to breakout and I believe that this breakout will be on the upside if it breaches the 180 resistance. The MACD shows the histogram flipping green which is also bullish. GME has been the online darling of retail investors and WSB, this I believe will cause GME to have a huge inflow of buying volume and opening of call contracts. GME has also been laser focus on wiping debt off of its balance sheet and aggressively transitioning to online. I do not believe GME's short interest of 26% a factor in the next squeeze. My take profits are $200, $215, and then holding the rest. My stop loss is at $153. This is not financial advice, I am not advocating the buying or selling of GME stock.
NYSE:GMELong
by kediguy
2
$GME - T+21 is tomorrowIt's obvious at this point that a Market Maker is short GME. The periods at which GME moons are T+21 and T+35. Only bonafide Market Makers are allowed to locate shares all the way up to T+21 and T+35. Today was T+20, tomorrow is T+21, the last day they have to either cover their shorts or continue for another +35 day period and fake cover by resetting their FTDs till the next period. Kudos to u/dejf2 on Reddit's SuperStonk Sub for perfectly finding the FTD reset period in his thread here. I am just expanding on the information he provided now that he's provided an extremely accurate FTD reset timeline. www.reddit.com According to Regsho, they have either by pre-market tomorrow or pre-market of the day after to reset, otherwise they won't be able to short anything at all until they've covered (or fake covered by resetting the FTDs again). tldr: Tomorrow we're either mooning or there will be shenanigans. Let's see if they still have money to run this sham or not.
NYSE:GMELong
by leenixusu
11
GME at Critical ResistanceThere's a possible trade here on GME. We're at critical resistance, and seeing an initial rejection. The daily RSI, as well as the MACD are looking bullish. We may see a breakout above the triangle, leading to another epic short squeeze near the ATH. Having said that, this would be a good time to trade extremely tight stops, as the broader market is potentially on the verge of a correction, and GME would take a hard hit toward the lower band of the triangle, if one were to materialize.
NYSE:GME
by Hedge_Of_The_World
8