Gamestop to 4k lolTarget 4k in a couple years
Connecting the 2002 & 2007 tops, would be funny if Gamestop hitting 4k marked the end of the bull market in a couple years.
Gamestopstock
Here We Go GMEI know I said I wouldn't say anything till we got back, but just look at that.
Still didn't sell. I don't need to sell for expenses anymore.
I'm waiting to see what happens. Hopefully $1M floor isn't a joke.
172 @ 50.23
PT Infinite
A big move for GameStop is awaiting Its exponential moving averages are completely congested, it will soon be looking for a way out in some direction.
It has a descending volume, which can make it more sensitive to any sudden movement.
Anything can happen with this stock. If it goes up, I think it would go to at least $350 and if it goes down, it may drop to $100.
In the last 2 occasions the stock maintained a strong correlation with the VIX (that is, it rises when there is high volatility), currently this indicator rebounded slightly after touching 16 points, if the rise continues and there is a significant rebound (at 30 points or so) may GameStop do its thing again as a backup asset.
The deadline for something like this to happen is late this month or early May, so it won't be long.
NYSE:GME
Interesting downward parallel channel.The two red lines are parallel.
Intriguing, especially considering where we are right now price-wise. The price has to go down tomorrow to continue the downward trend. If not, we're in a new upward breakout.
Oh, and stop eating fish.
GME Gamestop Bullish once again???If you missed my last GME Gamestop post that perfectly touched the target:
Then you should know that you can find $315 option calls for GME Gamestop for March 26.
Do you think GME still has the fuel for another bull run??
I`m looking forward for your opinion.
Meanwhile, if you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
A possibility...So, the red key there I put next to a segment of red line. When it comes to these pennant continuation patterns, my understanding is that when they complete they go up by roughly the measurement of the left side (flat side) of the pennant. That segment of red line is the same length as the green arrow over on the right.
What I'm thinking is that the pattern might complete at some point along the horizontal green line above the pink arrow, and from there go up roughly as high as the length of the back of the previous pennant.
Just thinking out loud here, folks.
Happy to hear your thoughts!
GME Unwind Part 2Still in bear channel, expect unwind to accelerate unless some action causes it to break out of channel. Needs to cross the upper red meridian for a new channel to be active, still responding to the downward channel for now.
Ok. Fresh eyes on this...The previous trends, both the upward and downward trendlines, have failed to predict the price action. I took away everything except my Gann Fan and one reliable trendline.
At this moment I believe we'll see a bounce on the 24th. It could be somewhat jarring.
ENDGAME - GAMESTOP - $GME - PT: 2000I believe that with GME... We are witnessing a complete failure of the MM to control the SP... A true free market.
It appears that the squeeze has not been squoze...
Retail Impulse Wave 3 is coming.. You must hedge in the "real" market.
I have forecasted that SPY will correct in Mar-Apr. and institutional liquidation due to another impulse wave in the BANG stocks will cause this...
Vlad Tenev admitted that they were about to have a liquidity issue during Wave 1.
The sharks smell blood in the water and they will pounce again... even harder this time.
Do not underestimate this... traditional investors.
TECHNICAL VIEW:
- The beauty is that without algorithmic pressure... it is possible to have PERFECT Elliot Motive Waves... See my previous forecasts on the BANG Stocks.
- Wave 3 PT: 765
- Wave 5 PT: 2000
$GME To $1000? Is it possible? (UPDATE 3/11)Video update on $GME! BID got slammed today, but recovered nicely. Whats next??
GameStop | Real Roller CoasterWhat a ride it has been so far for $GME this month. It is like an actual roller coaster: from having January flashbacks with insane gains, towards a huge sell-off within minutes. $GME has been haltered several times today where we experienced a 50% drop within half an hour. Since then, it recovered and hovers around the ~ $260 area. These developments are crazy, but very interesting to see. Where shorters are having a hard time as of this moment, Reddit HODLers are waiting for new highs. I personally think we will have the same effect as the one from late January. At that time, we saw a huge sell-off, followed by massive regains. We can already see the same effect happening a bit as of this moment, but I hope to see $GME moving back towards the $300 range first, with eventually having a better outlook than late January’s. In the end, this stock is very, I mean very volatile at this moment. Will we see more upsides, or will $GME face another cool-down period? What do you think?
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
$GME To $1000? Is it possible?Crazy times, but a run to $1000 is possibly with the right momentum. We can take $VW as an example of this back in the early 2000's
IF GME CAN HOLD THE NEW $180 SUPPORT!!!!!!!I WAS DRAWING UP SOME TREND LINES AND GME SEEMS TO BE IN A TRIANGLE WITH A ESTIMATED DATE OF 3/19 BREAKOUT IMMINENT!
Gamestop will fly moreeSo if you look at my previous prediction price closed above previous high that is an indication that it will indeed reach $750 area sorry boys apes are in control
GamestopGet rid of bags season.
(definitely do your own research and make your own decision. Just my two cents.)
