She’s tight… any volume and she’s flyingSuper self explanatory.
Check out my other posts to view my feelings on the GME saga and where I have stood. I’ve discovered some very interesting coincidences in the market all thanks to a supportive community.
I think it’s officially officially close to end game. I don’t picture her holding down past summer.
Good game apes, we won.
GME
35-59% near term upsydeLast I posted on GME was In October - I pointed out it was an **obvious and typical** NinTendo pattern and of course it worked out.
I didn't follow up or anything as it fell from grace because why would I? DYOR or whatever. Well now I'm back from a rave roadtrip and I see that its ready to pop again:
Initial target 23.88 by 1/24/2023
Target 28.08 by 2/3/2023
Play: Go all in rn
GME all smoke and glass and reddit hype This stock was pumped only to get slowly rug pulled. The CEO and the Board do not communicate with investors at all, not a word about what the company is doing to grow, just cryptic tweets. It deserves to be shorted into the ground. Its going to under $10 before ANY meaningful movement up.
$GME - The final yolo
Not trading off my data anymore. Here's my thesis.
-Large option OI expiring this week for GME and a lot of other stocks due to leaps bought in 2022/2021.
-Going back to my old ongoing theory about SLD Tuesday (Next Week's Tuesday) where the Opex week's options e.g this week's expiring options will settle on Monday and shares on Tuesday. The bigger the amount expiring on Friday, the more the net total that needs to hit next Monday/Tuesday.
-During Opex, Wednesday - Friday is the opening window for banks to post collateral to the NSCC and OCC/Option Clearing Corporation which handles all options netting, clearing, settlement. This window opened on the 18'th and ends on the 20'th of Jan.
-BOFA made money disappear from people's accounts this week just 1 day before this window. This tells me BOFA is posting a massive amount of money towards this big opex and option clearing. The amount post netting of all these positions should be big enough to move the market really hard next week.
-Another Canary in the mine is my data here imgur.com The TLDR is that IF i'm right and it's a big IF, we're in a March 2022 mode for GME where the price went parabolic around SLD Tuesday (Next Week Tuesday). I'm pushing it with this, in the data i have this is the most similar occurence to what's going on right that i found.
-For SPY's ranges, there's support at $383 imgur.com (Unless that breaks in which case bye bye) and that to-be bottom coincides perfectly with SLD Tuesday (Next Week) for a nice perfect reversal (again i'm pushing it).
-IEP (Icahn Enterprises) ticker's usually drops and immediately after that we have a GME run. This is a consistent pattern over the past 2 years. IEP is yet to drop. I'm keeping my eye for it.
-Wabbuffet's (Warren Buffet) KO is pumping in this market which is normal as it's dips are bought by clever investors. It could also simply signify what the rest of the market has to flip to (bullish) by the end of the day after what i think is one final dump.
-Yesterday the price touched $400.01... again and dumped, i managed to read this one and quickly reposition my puts whilst the underlying price of SPY was at $399.80 ish and rode that down to today's low. It's done this a few more times in the past and it usually ended with us being in the $370 range... but i think this time this dump is a quick dump to a price where we can pump from next week.
This is what non data based trading looks like. I'm all in on FD's for next week. I'm confident in this one jut like i was in all my previous losing trades which means you should inverse me and buy puts. Here's my portfolio right now: imgur.com
Yes it's all FD's and i don't plan on exiting with a loss early this time. I'm letting this ride until the end. I'm either going to make it, or i'm not. Tomorrow/Monday is the optimal day to buy calls, but i'm impatient and like to lose Theta. I wouldn't yolo into GME this hard unless i was really sure (of a string of conspiracies mixed with real regulations and other technical stuff). Anyway i think that i'm right so here i am yoloing it all until the end.
I think this is going to be the last Yolo and post here for a while if it fails. I have a dislike for forums where GME/BBBY is discussed as the tinfoil is deep reaching, but here i am creating my own and going with it putting my money where my mouth is. Do with that what you will.
GME (Gamestop) Price Analysis 30 Min ChartHello and good morning fellow traders! hope you are all feeling great about today.
So after watching the opening of the market this morning I came up with this idea.
GME just lost the 20.35 -21- support lvl and has dipped into the green lvl of support shown on the Ichimoku cloud.
It must hold the 17.17 -18.78 LVL of support or else GME will continue to the downside.
On the flip side ... if GME ends up pushing back and flipping the current zone of resistance back to support we could see GME go up and test the 22.84 -23.26 lvl.
Stay safe out there guys! keep your heads up ! Enjoy your day !!!
:)
GME, APE, AMC Trading Data 1-19-22 to 1-19-23$GME
284,152,540 - Shares Traded Short Reported
4,433,987 - Shares Traded Short Exempt
491,230,683 - Shares Traded
Chart shows 2.8 Billion shared traded on the Yearly for 2022
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$AMC
2,869,327,325 - Shares Traded Short Reported
73,070,781 - Shares Traded Short Exempt
5,292,793,100 - Shares Traded
Chart shows 10.4 Billion shared traded on the Yearly for 2022
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$APE 8-22-22 to 1-19-23
1,395,763,913 Shares Traded
28,236,308 Shares Traded Short Exempt
661,931,758 Shares Traded Short
Chart shows 2.27 Billion shared traded on the Yearly for 2022
--
Data is referenced from here.
www.finra.org
GME (GAMESTOP) Price Analysis
Good morning! GME needs to hold this area of resistance at around $20.35 -$21.23 if it wants to push to the upside.
If the support level is broken, we will most likely see GME fall down and test the $18.40 Lvl.
- If support holds then we will continue on up to the upside and test the $22.84 - $23.26 LVL.
- The next LVL after this will be the $24.22 LVL.
Thanks for viewing my idea! please comment and let me know what you think :)
GME GameStop is close to a Long Swing Starter"The basic idea is, 'we don't care what really goes on at GameStop, or if they have a certain new product or whatever.
We just want to show the market that success is not the reality of production but the enigmatic character of our act,'"
Slavoj Žižek said
GME 2023 $ Squeeze Target we bounced from our support above the 15$, now we need to clear the resistant around the 22.20$, to continue this bullish momentum till the 25.50$, then the critical area of profit taking + rejection if we didn't clear it, will going down to have a reversal from the 10$ bottom for this year .
if we clear that critical area (32$/35$) we going to have squeeze till 85$, which will make the mega squeeze for GME once again .
Bed Bath and Beyond - Unfinished BusinessThe Marxist-Leninist Reddit public relations firm/Wumao-backed brigade told you to buy BBBY at $24 and $30 because RYAN F'IN COHEN.
They really are aggressive, cool, and totally unscrupulous.
You know, because they have your best interests in mind and want you to get rich, and quick!
Then Ryan Cohen sold his 5 million shares at an average price of $18. On Monday, BBBY will probably be back to $6-8.
Prominent people tend to get out of the pump and dump scams early so that when the calamity strikes and the House Committees and the SEC go and do their probes, they have culpable deniability.
I've heard that BBBY has hired insolvency attorneys and that suppliers aren't delivering goods to the company anymore because they have bad credit and aren't paying.
All of the above is true. It's also true that this market cycle is a pump and dump. You're holding a hand grenade without a pin if you are holding this stock.
However. Is it time to capitulate if you're still diamond handsing the top?
Forget about Ryan Cohen. Ryan Cohen is a red herring.
Consider that Citadel, arguably one of the most prolific and dominant market makers, is still holding 2.25 million shares.
I'm wholly critical of this stock and this pump and dump. However, If you're still "hodling" bags, I think there's a good chance you see a chance to get out over $30 before September is over. Maybe put in some limit orders because you don't know how many seconds you'll have to get out.
So don't follow the Communist Party on Reddit into capitulating on Monday and Tuesday when this rag is single digits again and everything is down 10% and crypto is down 20%.
And even less should you follow the 50 Cent Brigade to buy back higher if BBBY runs to $45 and $60.
And if you're not bag holding, I really encourage you to keep your risk to a minimum . Really, don't go gambling. The worst thing that can happen to you if you do is that you'll win.
If you want to trade this then consider buying when it's down and don't chase it when it goes up . And get out quickly , because when Citadel dumps their bags, this really is going below 1993 levels and will probably be delisted in the end because bankrupt.
Even the entire Universe explodes and dies one day, let alone these corporations we have today. Even Apple will be gone one day, let alone this scam that only ever existed to import crap made under the Chinese Communist Party to keep the USD blood transfusions running so the Party could continue persecuting humanity for a few more years.
But the Party's day to vanish is right on your doorstep. And then what happens?
$GME - Load up Zones $19.5 and $17.xxBe sure to load up responsibly at the correct zones. $19.5 and $17.xx are decent prices to get in. Always save some cash to buy more later at lower prices. Don't go all in at current prices.
I've loaded up on March calls $20c for around 1/4 port value. I'm ready to get more if we dip more at $17.xx will probs get $18c for the same expiration.
Sorry for switching between long and short so erratically but i've got to follow events as they unfold.
gmeamc has broke down for me this looks textbook for a breakdown broke previous support which it bounced twice, just tryingg to amylase all market before the new year when I go guns blazing in the market learnt so much this year really cat beat time in the market and seeing set ups happen.On that note for me alot of stocks looks ready for a breakdown to me
GME: CTB on the rise can price go back up to $40?Hey everyone,
As always not financial or sexual advice. That being said, every time the CTB rises drastically there has been a sharp increase to the upside in price.
March 15-24th 2%-22% increase of ~153%
May 19-25th 8%-50% increase of ~64%
July 21-22nd 32%-124% increase of ~ 20%
Dec 19 - Present 8%-27.7% increase of ???
Fibs suggest a downside of $18.40 and $17.61.
Good luck!
Moneygram short squeeze#Moneygram has increased in volume substantially since 2013. A direct competitor with #WesternUnion, a monster in remittances. We know that the Foreign Exchange markets handle trillions of $ dollars in volume daily. It’s a competitive market. Ripple, and XRP are a new competitor to #SWIFT (Society for Worldwide Interbank Financial Telecommunication). Ripple partnered with #MGI in 2013. #Ripple IPO follows final ruling on #Ripple vs. #SEC lawsuit (expected January 2023). #SEC / #GaryGensler meets privately with #SBF #FTX on regulating #digitalassets. Gary missed the ball: he’s either stupid, or has some agreement w Sam and #CarolineEllison . Gary Continues to be ignorant in ripple vs. Sec lawsuit. Potential leverage shorts on MGI. Look at GME. #GME holds well above ATH before #MemeStonk #shortsqueeze . I like #MGI stock. It gives me short squeeze vibes.
Meme Basket Found - AMC CHPT COIN DT F FIVN GME GRAB HOOD LUMNTo add a good approximation of what the current meme basket looks like just copy this and add it as a new symbol.
AMC+CHPT+COIN+DT+F+FIVN+GME+GRAB+HOOD+LUMN
This is the current basket and someone's sold $166 mil worth of spreads ranging between $0.4 up to $6.3 in spread on this basket on the 7'th of Dec and 15'th of Nov. There's around 78 transactions worth $2m each done in quick succession on those dates.
Here's the stocks that are part of this basket:
AMC
CHPT
COIN
DT
F
FIVN
GME
GRAB
HOOD
LUMN
This isn't that good because HOOD is part of the basket and so is AMC (which we all kinda knew). But because HOOD is part of this basket and FTX's was hoarding HOOD shares that may be sold off in the market (hopefully will be sold in a block trade auction instead), if those HOOD shares are sold at market value, they'll tank the whole basket. Regardless, even if sold algorithmically, those HOOD shares are going to have a decently big effect on the basket (Price go down).
This is a weird basket with lots of mixed sectors... All i can say is that there's a falling wedge which indicates that something may start occuring in Feb just in time on Feb 21 for the quarterly meme run. Hopefully the whole market doesn't decide to correct again on that date like it has the past few cycles specifically on that EXACT day out of coincidence...
Found this swap in the DTCC- SEC swap depository online as this is something i've been tracking for a bit over a year now. Since a month ago SWAPS are reported with a lot more and useful information and the full meme basket name is now visible basically.
$GME - Turned Bullish, but what about the rest of the market?GME is looking super good today. Shorts increased their positions by another $25mil which is extremely bullish for GME in terms of making the price increase/run or whatever you want to call it. It looks like the run is happening after all.
You need to however take the rest of the market in consideration before getting too happy.
For the past few cycles, GME has done it's thing into a bearish market. One example was when CPI/FOMC was on the exact same day as a run (twice actually) and the run got crushed. Another example was when AMC gave out it's dividend 1 day before the GME run and 1 day after the GME run was the TSLA split. There were plenty more instances where GME just did it's run into a dying market.
EOD Data
-Looking at the EOD data for GME, as i said things are looking super bullish. A run is going to happen for sure.
-Looking at the rest of the market, i'm not sure what's about to happen e.g i can't tell. If the rest of the market does not die starting tomorrow, the run should be a good one and would touch in my opinion $40 for GME. If the rest of the market starts dying tomorrow onwards, i think GME could make a new low at $17.xx.
Positions: SPY Puts, AMD Puts, Coca Cola Puts.
I could've kept my GME calls but i'm not feeling this one even if the GME data is clearly saying things are bullish. This means #1, i'm a week early and #2 you're all about to get rich. So, good luck. I really hope GME doesn't get pumped whilst the market is dying for whatever random sudden news comes out tomorrow...
TLDR:
-Data says GME go up for sure.
-I'm not feeling it, so i think it's going to $17.xx
Data is almost always right, i'm alost always wrong. Cheers.