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Gamestop

GME's New BasementI'm going to start off with, I told yall so. Now that that's out the way, we are leaving my area of expertise. I got a warning placing a trend line alarm that I should switch to log, and that's when I realized I'm just along for the ride. After reading through everything I have, I fully believe this thing is going to the stratosphere and I'm proud to be along for the ride. My plan is to sell at 777 a small portion to cover most of this years expenses. I have a confirmed order placed for my wife's contribution to go off at 1,600. The rest is riding till I feel it's time to leave. This will be my last post on this until we get back to this range after, where I plan to put most if it back in. I'll update with sells. Goodluck, and happy trading. 172 @ 50.23 PT Infinite
NYSE:GMELong
by LemonKing
THE GME 💎🤙WEDGE BREAKOUT SQUEEZE Okay here is what I see when including the extended hours in the hourly. A wedge is about to break. If it breaks north, the squeeze can start. Its fueled by: Weak bear volume in the last few hours of 3/2/21. Stoch RSI in prime position to go up Whatever people are saying about that solid DD coming up on 3/19.21 If it breaks south out of the wedge, well then, maybe it drops to $85 area? It might then catch a ride back up on that old green resistance line I have in place from weeks ago. It was already touched a few times recently on 2/26/21. Charting to see how close I get in reality.
NYSE:GMELong
by beynonfarms
1
GAMESTOP -- Keep this simple. Late to the party on this one? No worries, it's still game-ON for profits. Now that there are key ranges in play for ALL to see, this becomes easier to read. Do not complicate it any more than it needs to. Zero moving averages, zero indicators. Read the charts and follow the potential moves from these highlighted areas. Use your own methods for entry, but these are higher probable turning areas I expect to watch...double tops, double bottoms, false breaks, value reversion trading at its best. Shorts are in the RED and longs are in the GREEN. The current value range WHITE has been created for us to use as targets. Very similar to my BMBL IPO trade last month. *Ideas are my own and not as recommendations
NYSE:GME
by ProSTrades
7
GME Liftoff?Lines made on 1 Minute Scale, so thats why it doesn't quite line up. Trust, super clean on scale it won't let me show. If you look at the smaller top triangle break on smaller scale, it consolidates on other side, bull flags into a cup and handle. I wish it would let me show that, but I'll try to toss a bone anyway. The bottom channel in red is the consolidation on the other side. Just once again, a little wonky on size up. I was going to wait for break in upper triangle to post, but that's too many bull signs to not say something. 172 @ 50.23 avg 777 PT, at least more than 250 Goodluck, Happy Trading.
NYSE:GMELong
by LemonKing
6
GME Falling Wedge pattern - Breakout Imminent!The Falling Wedge pattern can be observed here on the 1h chart. Here is why: 1) There are three reaction highs and reaction lows (circled in red) that are currently converging. 2) Volume is tapering off somewhat suggesting that selling pressure is abating. 3) An upwards breakout on a volume spike will confirm the pattern and is a very bullish event. A downwards breakout from the wedge implies a continuation of the downtrend and is thus bearish. 4) If a breakout occurs upwards watch for potential points of resistance near the previous reaction highs. 5) If the price exceeds the reaction highs and manages to consolidate above it, it will become a new support level. Use indicators such as Chaikin Money Flow to follow where the money is going. CMF down - expect the price to head down. CMF up - expect the price to go up. Please let me know whether you liked the idea. I personally am a believer in the long position for this stock at this time.
NYSE:GMELong
by LordFrostEye
8