GME
Updated Ascending Triangle!I wanted to update everyone following the TA on GME. It looks like yesterday's sideways movement has widened the Ascending Triangle on the 1-hour chart, which was expected due to the Cup & Handle formation on the daily chart. This sideways movement has now set up the handle on the daily chart and makes for a much larger breakout than anticipated.
Here's the latest development: Along with the widening of the hourly Ascending Triangle, the 4-hour pennant breakout has now formed a second small pennant, which also makes up the handle for the Cup on the daily chart. Additionally, GME is still in the middle of a Bull Flag breakout on the Weekly chart, on top of a Golden Cross!
Here's the current breakdown:
1-hour chart: Ascending Triangle
4-hour chart: (New)Bull Pennant
Daily chart: Cup & Handle
Weekly chart: Bull Flag + Golden Cross
I've never seen a setup quite like this before. The breakout across all timeframes is going to be something special for sure. I'm just counting down the days until these patterns breakout across all timeframes.
For those following this for the first time, here's some exciting historical context: The last time GME had a Golden Cross on the weekly chart was back in January 2021, and GME saw a 12,000% move in just 183 trading days.
Don't blink—we are right around the corner from history in the making! ✌️
Textbook Ascending Triangle on the 1 hour!🚀 GME Market Update 🚀
We are excited to announce that GME has now formed a textbook Ascending Triangle on the 1-hour timeframe. We are officially locked and loaded. From the 15-minute chart up to the weekly chart, this setup is exceptionally rare. The anticipated breakout across all timeframes promises to be something remarkable.
Here's a detailed breakdown:
15-minute chart: Ascending Triangle
1-hour chart: Ascending Triangle
4-hour chart: Bull Pennant
Daily chart: Cup & Handle
Weekly chart: Golden Cross
Such a comprehensive alignment of bullish patterns is extraordinary. Prepare for a significant movement in GME.
15 min Pennant has now transitioned into an Ascending Triangle! Hey everyone! Just wanted to give you an exciting update for those tracking the Bull Pennant on the 15-minute chart. As of today, it looks like the Pennant has transitioned into an absolute textbook Ascending Triangle!
Here's the breakdown of what we have across all timeframes as of today,
15-minute chart: Ascending Triangle, 4-hour chart: Bull Pennant, Daily chart: Cup & Handle, Weekly chart: Golden Cross
Bullish patterns are lighting up across all timeframes, perfectly aligning with the recent surge in institutional buying. Given all this, I've never been more bullish on GME than I am right now. We are on the brink of making history!
GME 15 min Bull Pennant Watching the 15 min on GME, and it seems that it has formed a pretty substantial Bull Pennant on the 15 min. This comes just after the Cup & Handle breakout earlier this week. We can also see that, the Ultimate RSI has Oversold, while setting a higher low withing the Pennant.
I believe that once this Pennant starts to breakout, GME is going to stretch into the 30s, and with no current supply above $29, this may very well see it's way into the $60s real quick. This is only the 15 mind you. We still have a much larger Pennant on the 4hr, another Cup & Handle on the 1 day, and a Golden Cross on the weekly. Pretty much every timeframe is showing a bullish pattern right now. If you ask me, I would say it's go time.
Remember, the last time GME broke out from a Golden Cross on the weekly, was back in July of 2020 and lasted until Jan of 2021. And we saw a 12,000 percent run over the span of 6 months.
If you're currently short, you better say a prayer. To everyone else, let the games begin! 🤙
The $GME Comeback: Weekly Active and $85 on the Horizon!NYSE:GME seems to be gearing up for a strong move. The weekly chart is confirmed, and for the monthly to trigger a valid signal, it needs to hit $27.
I’d much rather have jumped in at $11, but this is still a valid trade after the deviation and reclaim.
This is purely a meme play, but if it plays out, I’m targeting $85 and $140.
$GME Potential Movement (11/11/24)Hey Traders,
NYSE:GME is back on the radar, showing its classic meme-stock momentum! On the 1-hour chart, we’re watching a solid structure here: there’s a break of structure at $25.02 that’s been tested twice today but has held as strong resistance so far. Our key support zone sits at $24.53 (previous higher high and BOS), with another potential test point nearby at $24.64.
If we break through that $25 resistance on the 1-day chart, we could see a push toward the gap fill at $25.56.
Stay disciplined and remember to secure those gains!
David
Diz-Plin Trading
Target Reached on GMETV Followers, TV has taken down and removed quite a few of my posts/videos due to my QR tag being embedded in them. I was then subsequently suspended for a few days. So, I wanted to come back and just update you on a few of those posts that were removed. GME was one of them. GME reached the W-pattern target and has entered a large liquidity block. I have decided to sell here a few days ago for some nice profit. My signal has not flashed red yet, but I wanted to capture those nice gainz while I had them.
I implemented my new indicator into my trading process in September of this year. Since that time we have not had a single loss recorded on our stock tracker! ZERO! None. All wins. Currently, we are in floating profit on all stock trades and killing it! Congrats to those who are following me in these trades.
Our average time in each stock trade is around 17 days. This is exactly where I want to be in order to give you all the time to enter the trades and exit as I post my signals.
To tell you the truth, we are doing much better than I imagined and are even beating our rate of profit on the crypto tracker! We have 12 exits for 12 wins, and the current trades will all exit in profit, equalling a 100% win rate over the last two months.
I knew I had stumbled across something remarkable when I accidentally found my indicator combo while studying the charts. I am super excited about what the future holds for all of us!
Today, I have raised the stops on all of my stock entries. I feel we may be starting to get a bit over-heated. I want to capture those profits while I have them.
Best,
Stew
GME, IT'S GAME ON! Price Growth ImminentGME is certainly a no brainer from the current level. The daily data is suggesting a very significant accumulation and net buying.
Daily higher lows has been registered. Target Prices will be 30, then 40.
Spotted at 20.0
TAYOR.
safeguard capital, always.
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Here is some fundamental data for reference: (mostly outperforming, 3 digit percent growth)
(USD) Ene 2023 Y/Y
Kita 2.23B 1.22%
Net na kita 48.2M 132.68%
Diluted EPS 0.16 133.33%
Net profit margin 2.16% 133.03%
Operating income 68.4M 145.27%
Net change in cash 336.5M 327.06%
GME GameStop - Short Squeeze in the Making!If you haven`t bought GME before the previous breakout:
Now you need to know that GameStop (GME) is creating a buzz in the options market, especially as it gears up for an exciting week ahead!
After experiencing an astronomical increase of over 121X in less than four months in the past, GME has captured the attention of traders and investors alike.
This dramatic surge in price has raised speculation about the potential for another gamma squeeze, reminiscent of the impressive rallies seen in the past.
With calls at the $125 strike price set to expire on January 17, 2025, there's palpable optimism in the air!
The notable volume of these calls suggests that investors are positioning themselves for a significant move.
Traders are eager to capitalize on the momentum that GME has built, especially with historical patterns indicating that such surges often lead to increased volatility and price spikes.
The options chain for this Friday looks extremely bullish, with an uptick in activity signaling strong demand for GME calls.
The convergence of high open interest and the upcoming expiration date has the potential to ignite a new wave of buying pressure, further fueling the chances of a gamma squeeze.
As more traders enter the market, the cascading effects of rising call prices could push the underlying stock higher, benefiting those who are well-positioned in the options market!
GME Approaching Key Support: Will Buyers Step In?In my analysis of GME, I’ve identified a green support zone that could be crucial for the next price movement. If the price returns to this level, we might see a rebound as buyers could be attracted to this key area. This support has been significant in the past, and if it holds, it could trigger renewed bullish momentum. Keep an eye on this zone for a potential buying opportunity when the price revisits it.
To infinity & BYON - $375-$660
BYON is replicating the same fractal from 2012-2018 but on a grander scale
It has reached the end of its downtrend (B) and will soon resume Wave C - of equal length to A.
In the short-term BYON is about to cross above a steep downtrend line (yellow), just like it did in May 2012 and April 2020.
RSI is incredibly oversold on all timeframes (38 on 3D, 32 on W) but will soon exit the RSI bear zone (in red).
Target of $375 (38x from current levels of $10.11) coincides with the 1.272 fibonacci level
Extended target of $660 (66x from current levels) translates to 1.414 fib.
Time target is flexible but around June 2026 will likely be a great time to exit, if targets are met.
Last time out in Feb 2018, BYON hit 1.414 fib in Wave C.
Simple stop-loss of $8,a break-down from current levels.
BYON by name, Beyond by nature!
Thanks for reading.
P.S. If you like the RSI Bull/Bear Thresholds indicator at the bottom of the screen, drop a comment below. It will soon be made available for a small audience of users for a reasonable fee.
LRCUSD LOOPRING IS THIS THE END?not really, unless something super major happens which is outside of TA and puts the coin down to nearly nothing.
Overall, RSI is bearish, but gearing up to move bullish for at least a little bit, at which point, it can reject the short term trend and continue to funnel down or it doesn't and the short term trend ends up moving LRC to the higher price targets.
Everything is marked on the chart.
This is the Monthly view so really long term viewpoint.
Anyway, all the other LRC charts cover a lot of the moves, trends and price targets so this one is staying simple.
Is $GME Ready for a Comeback? Let’s Place Our Bids!With all the movement in these #shitcoins, why not consider putting some funds into NYSE:GME ? It might be worth diversifying into a more established asset like GameStop, as this #coin tends to rip without notice.
The risk/reward (R/R) is good here. I have bids set around the 0.00300 area in case it sees a retest next week.
Let’s get it!