$GME - MehHad multiple false positives over the past several months that showed this stock might've done something. This includes the latest false positive showing something happening this week.
imgur.com
Although it appears to be strong, it's still very likely a false positive. I had some money on this but i've exited my calls and gone for puts instead as i see it possible that this thing goes to $10.30 in the next 12 weeks.
As i previously said, i won't be mentioning future GME runs. Only mentioning this one and the last few failed ones since they're done/failed. Too few people interested in this ticker, too many people holding stock and silently overtrading it for it to ever do anything significant at this point imo.
Gamestop
GME | Buy scenario | Wars and suchTLI 1 is based on a recent Swinghigh that served as a strong resistance level aswell as support in the past.
In related ideas i linked to my last GME idea - sadly price didnt fullfill the requirements mentioned to take trade. So lets see if i get this time a trade.
Requirements:
- Price breaks above TLI 1
- Open and close of a candle above S/R Level 1
- Buy on retest of TL 1
Stop- Loss: None (Longterm play)
Target: Next big resistance level
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
GameStop: Remains In A Position to Break Bullishly From Its ZoneGME has been getting sold off with the macro for quite some time and it continues to push deeper and deeper into dangerous territory. At this point in time, it has pushed slightly below the 0.382/0.886 Confluence Zone and is now at the 200 SMA, but with that, we can see that the Local Bullish Shark can extend into a 1.618 Extension, so the Breakout watch is far from over on GME though we are getting towards levels where one may leave it alone. I would say that if GME breaks below $11.50, there would be a very distinct chance of it dumping down to $9.5, but if it instead holds above $11.5 and pushes back above $14.00, then we could instead see GME make a rapid move up to $18.00, which would be just high enough to test the supply line of our Channel/Falling Wedge. From there we could possibly break out of it and go for the measured move, but for now, I'd say one would probably want to have a short-term position to take profits on at $18.00 and a separate longer-term position to hold strong until GME gets the big measured move breakout to $74 - $134
$GME - Pretty bad for longsNo fundamentals, no macro, none of that.
My data has been showing for a while that GME would dip even lower than 19 and it did. I didn't expect it to show signals that it wanted to drop even lower...
Basically according to muh data, GME wants to drop EVEN lower than this and it will in my opinion. I think we'll see $15 again and even high $14.80's kind of prices. I don't want to give any lower or higher PT's for the moment until i see a few more data prints.
This is a short term prediction.
Basically within 7 days, we are to see $15.00 average with lows somewhere within the $14.xx's.
In the meanwhile a few segments of the market like AAPL e.g the big stocks are going to go higher and higher. All this whilst GME dips to new 2-3 year lows.
The data:
imgur.com
As you see here, we had a little misfire a week or two ago. Thankfully i caught it in time before it could do me and others any big damage and as you see it did indeed predict a drop which already happened.
Now it's predicting a further drop even lower and mind you it's predicting a low we haven't seen in 3 years.
Reminder
CC's and other shorts should do well on this trade. As a reminder, i'm not going to be notifying anyone here about a GME run anymore. (Or will i? I don't know) I might wanna capture this next one for myself and not let the hordes of CC vultures (Hordes of GME share holders) sell CC's into the high IV and kill any runs.
Also this will be your only notification on the GME drop. I'm not going to be updating this post daily. It's straightforward.
Mind you i'm considering making the run indicator a paid service as to allow people to make money (including myself). Doing so will limit the amount of people who are able to to know the CC sell/buyback and Calls Buying timing to a minimum and will affect these runs minimally.
You make money, i make money, everyone's happy.
Toodaloo fellow transfer agents.
GameStop has been Market Makers Play!Since early 2021, GME has trapped In so many Traders in the hopes for a wild Rally.
TrapZone Pro has marked this SHORT since June of 2021. Fade Every Rally back in the TrapZone has been the Best trade :)
Now it seems to have formed a support area, and It will break hard one day to further lows to Single Digits.
GME GameStop Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week,
I would consider purchasing the 18usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $2.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GME: Earnings to the moon 🚀 Hey everyone,
It's been a while! Once again, this is not financial or sexual advice.
Earnings
Beat EPS? Yes.
Profitable? Not sure.
Revenue beat? Not sure.
Analysis
If GME hits resistance at 18.70's and rejects, expect some downside
If GME plows through we should see 22's. First, hitting 19.23.
After earnings, a slow walk down to fill the gaps.
Good Luck everyone!
All the best,
Sierrastrades
GameStop: If it can hold above the PCZ, still targets up to $417The GameStop Trade is not over yet, as the Falling Wedge is still in play, the price is still above the PCZ, and it is still trading above the Log scale All Time 38.2% retrace. If we hold here, we can eventually get a rally up to $156.72, and if it wants to go for a symmetrical move, it would go for the full 1.618 Fibonacci extension all the way up to $417.05.
We have PPO Confirmation at the PCZ of the Bullish Shark and the 38.2% retrace, so this would be the perfect spot as ever to begin a big move up, if it was ever going to do it.
$GME - Bottom in 4 days then UPHi all. This is it. Take good not of the events about to occur and the culmination of 3 years worth of research.
---------------
I finally get to show you this thing. Watch closely at the events about to follow and how madly accurate they are (unless ya'll short this into oblivion again):
1) Today/Tomorrow Ryan Cohen will tweet something (Guessing it'll be "Hello" or something about China. But we'll see a tweet.
2) The bottom will be established around this Friday (Monday at most). There is not a lot of time left for the price to drop, so if any price drops are to happen, they have to happen quick.
3) Next week Tuesday onwards (5 September), GME has to begin to moon.
4) Moon ends around the 13'th of September and the usual multi-month decline begins due to everyone selling CC's into a run again.
---------------
========
In short:
0) Today/Tomorrow = Ryan Cohen (CEO) tweets out something.
1) Sept 1 = GME Bottom
2) Sept 4 = Slow uptrend begins
3) Sept 5-6 = BIG utprend begins
4) Sept 5-12 = Uptrend tops out
5) Sept 13 = Utprend dies out
Of course i will be playing this accordingly.
========
Other Notes // Read Me
I suggest following/reading the daily updates on this since this is a critical period. We're about to run soon, but should dump a little more just before it happens.
What absoluitely baffles me about this is the timing of these events and my theory about how my posts are in a way causing these reactions.
- "Oh he said it'll go down, better make it go up then"
- "Oh he said it'll go up, better make it go down then"
Since my data acts as a leading indicator, i will always have a heads up of what is going to happen and enough time to react to changes like the ones above. Again, i truly think the only one out there causing these effects are the hordes of retail investors selling CC's and closing them off at around the same netting times. I think in all this, i act as the "He said the thing, let's react" thus causing said effect.
We're going to find out how true this is with this run. I am 100% sure that we're going to run according to this chart. imgur.com
If somehow the data breaks down again like it did on my last prediction, i'll believe that i'm the cause of these effects, but the data looks extremely strong, too strong to be wrong which is why i'm 100% convinced of a run within the timeframe i mentioned.
Last time i was able to time this perfectly down to the day in March using this new method (Different than all the other failed methods over the last 2-3 years). This will be the second "perfect" prediction for GME.
I'm posting about this on tradingview so that people can see these events happen and play out live perfectly as i've posted about them. My hopes are that if anyone does follow and play this prediction will have made money which is the whole point of trading anything including this damn stock. I'm a proponent of making money, not meming on an internet forum for 2-3 years.
I really hope 8+ hours per day worth of research for the past 2 years at my mid 30's has proven fruitful for something. I'm not even hopeful, i know it's fruitful and i just can't wait for you all to see this too.
Is one Gamestop trend line enough? GameStop - 30d expiry - We look to Buy at 21.71 (stop at 20.21)
Short term momentum is bearish.
Prices expected to stall near trend line support.
Trend line support is located at 21.70. We look to buy dips.
We look for a temporary move higher.
This is currently an actively traded stock.
Our profit targets will be 25.21 and 25.71
Resistance: 24.00 / 25.00 / 26.00
Support: 22.91 / 22.15 / 21.50
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AMC Shareholders approved combining AMC shares & APE units !Even though I was one of the first to signal you about the AMC potential to become the next GME Gamestop:
Today I want to share with you my Bearish Thesis:
In my opinion, there are factors that suggest AMC Entertainment Holdings (AMC) may experience a decline in share price following the APE (Additional Paid-in Capital) conversion. The approval of combining AMC common shares and APE units by an overwhelming majority of shareholders (87% in favor) indicates a significant increase in the capacity to issue additional common shares (88% in favor).
The increased capacity to issue common shares can potentially lead to dilution of existing shareholders' ownership. As more shares are issued, the existing shares represent a smaller portion of the overall ownership in the company. This dilution, coupled with the potential influx of additional shares in the market, can put downward pressure on the share price.
Furthermore, the approved combination of AMC common shares and APE units may result in increased selling pressure as some shareholders may choose to liquidate their positions. This increased supply of shares in the market can further contribute to downward price movement.
Considering these factors, my price target of $3.80 by fall reflects a bearish sentiment for AMC's stock. It is important to note that the price may even go lower due to the potential dilution and increased selling pressure resulting from the shareholder-approved measures.
Looking forward to read your opinion about it.
GME: Falling Wedge Breakout to All-Time Highs is NearGME recently bounced from the lows on the lower timeframe thanks to a Bullish Gartley and a massive amount of MACD Bullish Divergence and it has since come back down to fill the gap the rise created; now that GME has filled that gap it is going for a second leg up and the RSI is entering the Bullish Control Zone, and soon it will be Bullishly breaking out a macro falling wedge pattern which if it breaks, I think could take it up to the levels of at least $120-$135
Gamestop may rally after a Bullish ConfirmationGameStop has entered an accumulation zone on the daily timeframe, indicating a period of consolidation and potential price reversal. To anticipate a bullish rally, confirmation of a breakout above this zone is necessary. Furthermore, there is a significant daily support level near the current market price, which has been preventing a downward break. Monitoring the price action and waiting for a bullish breakout confirmation will provide more clarity on the potential direction of GameStop's price movement.
GME GameStop Options Ahead of EarningsAnalyzing the options chain of GME GameStop prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $1.83.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ARPA : LONG TERM TARGET 200%After having to study this coin for the longer term, I found out that the small increase did to an important trend that will happen next Monday about blockchain trend.
out of this all let's make a scenario trend for the long term here below.
the target depending on before price actions and important levels of what the coin can gain.
200% in the long term with a target of 0,10 could be a possibility for this coin.
We will follow this coin long term to see the changes.
It's long terms expecting, but if there is a FOMO trend and hype about the blockchain trends, it could go faster.
Any investment can be very risky, as this is also not trading advice.
Good Entry Point for GameStop? Not Just YetGME STARTED TO TEST NEW LOWS: STRATEGY SHORT
Sue. This Market seems to be volatile and very difficult to trade. Scalping?Trend? Range Trading?.... Well ... I just look for volume areas, where the market is testing the forme false breakouts... The minor short term has just started.
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
20 Day Moving Average short
20 - 200 Day MACD Oscillator short
50 - 100 Day MACD Oscillator short
Support & Resistance
3rd Resistance Point 22.40
2nd Resistance Point 21.64
1st Resistance Point 21.03
Last Price 20.42
1st Support Level 19.66
2nd Support Level 18.90
3rd Support Level 18.29
Key Turning Points
52-Week High 47.99
37.17 Price Crosses 9-18 Day Moving Average
35.80 Price Crosses 9-40 Day Moving Average
35.54 61.8% Retracement from the 52 Week Low
33.31 Price Crosses 18-40 Day Moving Average
31.70 50% Retracement From 52 Week High/Low
14 Day RSI at 80% 30.32
27.86 38.2% Retracement From 52 Week Low
13-Week High 27.00
14 Day RSI at 70% 24.71
22.62 38.2% Retracement From 13 Week High
22.26 Price Crosses 18 Day Moving Average Stalls
21.47 14-3 Day Raw Stochastic at 80%
21.29 38.2% Retracement From 4 Week High
21.26 50% Retracement From 13 Week High/Low
21.18 3-10 Day MACD Oscillator Stalls
21.04 14-3 Day Raw Stochastic at 70%
20.67 50% Retracement From 4 Week High/Low
20.56 Price Crosses 40 Day Moving Average
20.21 14 Day RSI at 50%
20.19 14-3 Day Raw Stochastic at 50%
20.15 Price Crosses 18 Day Moving Average
20.05 38.2% Retracement From 4 Week Low
19.91 38.2% Retracement From 13 Week Low
Low 19.51 Low
19.34 14-3 Day Raw Stochastic at 30%
19.08 Price Crosses 9 Day Moving Average
19.00 Price Crosses 9 Day Moving Average Stalls
18.91 14-3 Day Raw Stochastic at 20%
17.81 14 Day %k Stochastic Stalls
17.25 Price Crosses 40 Day Moving Average Stalls
16.60 3-10-16 Day MACD Moving Average Stalls
Bed Bath and Beyond - Buy the Uncanny Valley and Delete RedditOne of the first things you might ask yourself with this call is "How did a bull get stuck in a washer and dryer?"
The people who look more closely might ask "Why is this bull living out of a washer and a dryer?"
The short answer to both of these questions is that the dude listened to Reddit.
I say this in every post about memestocks, but Reddit isn't your friend. It isn't even social media. It's a social marketing and social influencing website masquerading as an organically-created and consensus-driven forum.
Moreover, the Chinese Communist Party's Tencent took a big stake in it many years ago and it spreads all the worst trash of Marxist-Leninsm.
Perhaps if Reddit had have collapsed in bankruptcy then the future would have been a lot brighter for several million young people. Too late for crying now, though.
Scrolling through Reddit is the intellectual equivalent of eating eight or nine bags of potato chips everyday and then complaining that you're fat and girls don't want to marry you.
There are two things Reddit is there for when it comes to trading. One is to condition you to feel that losing money, and a lot of it, is both normal and okay.
It's not.
If you're losing money trading, then you need to fix something, and fast, or just take your money and go buy yourself something nice with it, because you're obviously just gambling and are missing something fundamental in both your understanding and execution.
Wanting to get rich, and quick, will do that.
The second thing Reddit is there for is to indoctrinate your mind with pornography, socialism, Marxism, and atheism, and it happens all while you think you're reading the words and feelings of other people who are just like you.
But they're not just like you. They're not even people.
They're "professional" community organizers who are sitting in a cubicle referencing a flowchart pinned to its grey cushions collecting their $16 an hour and you can't figure it out because they told you that the very idea is a "conspiracy theory."
Bed Bath is this company that sucks and is going bankrupt. Don't believe it? Just go to a store and ask yourself why you're there instead of on Amazon on your phone.
That didn't stop BBBY from yielding 4 and 5 baggers if you happened to buy the bottom and sell the top (you didn't, Ken Griffin's trading desk did, though), and that's exactly the issue.
So the story with BBBY is that Hudson Bay Capital and a bunch of other Wall Street money effectively put a $1 billion blood infusion into Bed Bath. This comes in the form of some convertible preferred stock that has a profitable floor of about 71 cents and a ceiling of about $3.61, according to Bloomberg .
What's 500% among friends? That's what I always say.
So, taking a look at Reddit, there's two really notable things on this stock:
1) In the last two weeks there's almost a total blackout on BBBY from the WallStreetBets pump-and-dump-to-dumb-money brigade.
2) The Bed Bath subreddit has desperate bulls looking for the "MOASS" (Mother of All Short Squeezes), despite it already doing it twice in quick succession (lol, shows you their entry is higher than $5 and $7, doesn't it?), and telling each other to quickly "DRS" (Direct Register, AKA put your BBBY in an off-exchange personal wallet) in an attempt to mess with the float to manipulate Hudson's equity position on their convertible contracts.
After thinking about it for a while, I believe the blackout on BBBY on WSB is because the idea is to not attract the attention of retail buyers to the stock now that "everyone knows" BBBY is going bankrupt.
In other words, the PR company and the people who pay the PR company, who manage Reddit's trading forums, don't want people to buy cheap.
The BBBY forum is acting as mentally ill as it is because bag holders are feeling desperate and dosing a heavy stimpak of hopium.
All of this leads us to believe that, despite the reversal pattern that the short-dumpster to $7 produced, a new all time low is incoming.
After all, Hudson's risk is profitable above 71 cents, Bloomberg says. The ATL is 88 cents. This is 20%, by the way, and 20% is a lot. If you got a 20% move on the Nasdaq while holding a QQQ call you'd make like $4,000 a contract.
The thing to understand is that smart money isn't like you are, who is eternally unhedged and emotionally unstable. Hudson is hedged and really couldn't care less if BBBY goes under 71 cents for a few days because they'll just buy more. And they have a strategy to profit from the plummet in the meantime.
Of course they'll buy more. They obviously see a lot of upside to risk $1 billion on a bankrupt shitco retail chain that was trading at a 2-handle when they donated blood.
So, what kind of upside is there? Well, frankly speaking, the upside is this weird double top left at $30 during the RYAN F'IN COHEN pump and dump last year:
It might sound too good to be true, but look. BBBY short interest ending Jan. 13 and Jan. 31 are both twice as high as it was during the Cohen/Reddit retail rape.
Moreover, according to the most recent institutional holdings filings dated 12/31, only nobody firms sold out of BBBY.
While names like Bank of America and Barclays reduced their positions, bigger and more important names like Blackrock, Vanguard, Morgan Stanley, and Citadel increased their holdings.
Did they not know BBBY was on the verge of bankruptcy and stood to get delisted like Party City just did? Of course they knew. They know what comes three and six months from now, too.
A lot of the same big names decreased their holdings in Party City before the bankruptcy
Another key factor is at Friday's close Bed Bath is only worth like $211 million in market cap. Even a 20 bagger is only $4 billion. A 20 bagger from <$1 is only $2 billion in MCap.
For Bed Bath to go to $30 or $60 in the end requires some crazy fundamental thing, like perhaps Buy Buy Baby really does get split into its own stock, awarded to BBBY shareholders, and you get a Kodak 2020-style candle.
It's hard to say, but if you buy at 60 cents and it goes to $2.4 and you sell it all, who really cares?
Nobody except for Wall Street truly knows either what is going to happen or when it's going to happen.
But for now, it seems to me that the thing that will generate the most alpha for the MMs is to dump BBBY under its $0.88c ATL, probably while Nasdaq and the indexes feign beartown and volatility goes up.
This will cause capitulation from retail bag holders, because that's how retail does it, while the WSB brigade won't buy because they're not being told to buy.
Imo, this is the idea of everything going on right now.
So you can buy the really low prices. But there's a lot of risk. Maybe BBBY goes Chapter 11 and gets delisted and liquidated in receivership, though.
Life is hard and you lose a lot, no matter how you want to gain. You still lose a lot.
Buy a $0.6 handle and try to hold a winner to $30. I dare you.
Frankly speaking, holding a winner is really hard. In some ways it's a lot harder than holding a loser. The way to do it, though, is if you can bag some multiples, is to sell a portion equal to your risk and let the freeroll run until the entire market at large is showing the warning signs of a crash.
Then dump it all and never touch it again.
So, stay safe, lawyer up, hit the gym, and most importantly, delete Reddit.