GamestopGet rid of bags season.
(definitely do your own research and make your own decision. Just my two cents.)
Gamestop
$GME ELLIOTT WAVE 5 TO $5000gamestop bullish set up MACD confirming price at support
$5000 target
good going guys
it's time for these fraudulent wall street games to stop
not financial advice
GME chance for breakout today.Today looks like a good chance to break out of the downward cycle and have the candlesticks start to really make their way up. The opposite is also true, so be careful.
We tested yesterday and got rejected, we still made a higher low, gaining support again at 115. Will we get rejected again today? The odds are in our favour. Good luck everyone.
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.
GME symmetrical triangle breakout The symmetrical triangle broke out, we are now riding the res throwback from which I believe we will burst up higher from. On the chart, I've highlighted the price bursts which happen around end of day / margin call time.
GME $175 GAP FILL!I got in for the meme. Wanted to be part of history and willing to lose the amount I put in.
Generally speaking the market doesn't like gaps. They need to get filled and so price has a chance going back to $175 or even beyond if people are crazy enough.
No technical analysis or fundamentals can really help in a trade like this......
BUT FUCK IT! LETS GOOOOOOOO!
$VIX - Ready for a small-mega spike (VIX & GME intra-week moon)Vix is ready to blow up any moment. From the looks of it, i recon it'll be blowing up intra-week this week. Grab your daily contracts boys.
Make sure to be loaded up on GME, when VIX blows up, GME is going to do the next mini-squeeze but not the MOASS (Mother of all squeezes).
If this VIX pattern continues +1 more time after this, that may be the MOASS. Vix would touch 40 in that case.
Looks like people got too comfortable and thought they could buy the dip, nope, there's more dip where that came from.
Bearish flag for GMEGamestop is showing a bearish flag on the chart. It should go down now.... quick. Time for shorts to do what shorts do.
2nd Squeeze on $GME future Elliot Wave price action Please see the 2nd squeeze price action illustrated in Elliot Wave
We do consider we are already at the beginning of 3d wave which should land us at 1.618 fib extension
2nd wave was confirmed by 0.618 fib retracement.
The previous Squeeze was confirmed by Elliot Wave where 3d wave was extended and 5 waves landed on 0.618 of 1+3 waves. Amazing price action
VIRX is shorted 1,140% !!!VIRX is sitting in the exact same situation as GME was just a short while ago, with the difference being that VIRX only has a 100,000 share float. This stock could go up to the thousands, or tens of thousands per share, with only a little effort. Oh yeah, the shorts only have one day left to cover. Now is the time to get in.
FUTU parabolic move coming to an end or moon?$Futu... very aggressive moving stock here, Chinese holding company that has gone parabolic, watching to see a continuation to retest ATH or a hard drop! Not a good long term stock imo, very volatile and only recommend going in this for short term swing or day trade. Expensive premiums and high IV on contracts, choppy movement or flat movement after hours will kill your premiums and contracts will lose value quick.
*side note* I have been busy with work and school and still have some personal things to handle this coming month but will be dropping some charts and affordable plays later. As of now the market looks bloody as we rotate to different sectors each week. Set watchlist by sectors and see where the money is going. Lots of strong company names (aapl, tdoc, sq, tsla) on sale and are at a great spot to add them to long term portfolios. It is safe to stay away from short term swings as there is lots of market uncertainty due to stimulus, memes, inflation, etc. Don't get burned trying to catch the bottom, sacrifice a little profit and wait for clear signs of reversal. Don't know signs of reversal? well now is your time to do some research on TA, FA, Market psychology and more. I will also be uploading more educational videos covering that as soon as I can!
GME testing supportGME testing $95.5 resistance/support level. If this level fails price will test $72 level. Based on the Moving Average I expect the price to go to this level.
GME Cup and HandlePotential gigantic cup and handle pattern forming? By the looks of it, needs to get past 150 to break the overall current trend. May dip to around 70.
Not sure if chart analysis even works in the context of this stock as it's so volatile, but these levels are key levels if we take into account technical analysis. Thoughts?
GME In The MoneyWith the end of a monster week, a lot of 50-100 calls are in the money for next week.
My 250 PT is meant for 2 years from now.
777 is my squeeze price. If that happens to go off, I'll buy back in this range.
Goodluck, and happy trading.
172 @ 50.23 avg
250 PT
GME about to fly GME is creating a flag pattern if it holds above the $100 area it will break through $200 and if it does break through $200 it will reach $780 area
GAMESTOP GME $95 Playbook to Redemptiona quick glance at how the handler Churns the Price
a long short swing strategy
key is discipline and pyramid sizing
15M GME - another move coming soon?A little consolidation, bearish triangle. Do we get a selloff going into the weekend? Time will tell.
Head and Shoulders 1000R Neckline Broken on 1000r chart.
Target price for head and shoulders is Height of the head to neckline x 2 = Target Price.
Set Stop loss accordingly
