Home WreckerWhen I was a kid my parents and teachers used to tell me silly things. Like...
"You can't beat the system."
"Don't bet against the house."
...
"Pull your pants up."
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And I went through life... well, just playing video games and beating everyone on every system.
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And then I met GME... so now i'm going to beat the house, with my pants down, and I'm going to bet on it.
That pasted image of the weekly chart... look familiar?? HA HA HA
Sincerely,
Frank Underwood
P.S. this vision came to me in the flames within a dream within a shroom trip within a peyote trip at a campfire within a reservation where its legal (double combos everywhere)
357
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GME
Playin' hard to get...Ok whatever, change of plans, still moon just different path to target and revised target... what do you expect? This is GME.
I said everything I want to say on the chart, I'll probably have to file bankruptcy now but probably not. It's not about what I want, it's about what GME deserves.
Yours truly,
Hobo
GME: 50% run to $176Hello everyone,
Sierra here, we sort of filled the gap @114, and the only remaining gap left is @90. To fill or not to fill... is the question. The feds printing money tomorrow so we'll see how that will play out as it usually leads to a rally. I'm expecting us to at least touch 138 tomorrow and then red going into Friday and possibly early next week. Potential fireworks going into next week!
Not financial or sexual advice. Good luck apes!
$GME - Single Day Runup Event on the 7'th of JuneNot Financial Advice.
Based on new research i haven't yet released due dilligence on, i've discovered another indicator that tells us 1 exact date where a price move for GME and some other stocks like BBBY etc are going to happen. I'll be posting the new due dilligence on this indicator once i've seen that it actually works.
Based on the data i got out of the OCC's site, and if i've understood it correctly, there will be a 1 day runup event tomorrow with an upside or downside (most likely upside) of 25% on the underlying for GME. Can't tell much about the other stocks.
Just like GME suddenly ran up on November 3 2021, Feb 7 2022 and on a few other dates, the next single day runup event is basically tomorrow Tuesday June 7.
The details of how this works will be posted on reddit on /r/fwfbthinktank once and if this theory turns out to have bones. And of course if this works, i'll be able to tell you all the next dates of similar run ups for GME.
Not sure when i'll be entering this trade, it'll be either today EOD or tomorrow on open. My PT for this is $165 or +25% from today's closing price. And as a reminder, this could be a negative -25% event too, but i'm 80% confident that it'll be a positive runup and not a negative one.
GME - Power Up!GME appears ready to rip to the upside and there are plenty of reasons to be bullish on the stock here. Recent earnings as reported last week were solid, especially considering the bearish macro unfolding in the broader markets. Further, the company has no debt - and appears to be reinvesting in itself and looking to the future with eyes wide open, embracing the expanding NFT and retail gaming marketplace aggressively and intelligently and doesn't seem to have any actual viable competitors in this arena. BULLISH.
And most exciting the stock split/divided initiative was overwhelming passed by shareholders at the recent annual shareholders meeting held on June 2nd, allowing for up to 1-BILLION shares to be issued by the company.
Once moved on, this new share issuance will allow GME to increase their war chest, remain debt free (huge considering the current upward direction of interest rates) and will put added pressure on remaining shorts to cover and close-out their positions.
Technically speaking the daily chart looks great with another break-out occurring on May 25th. The double bottom print held nicely and with the price back above $130s there is much better long-term support for the price to move higher. The Moving Averages (MAs) are supportive, and the MCAD flashed a buy signal on May 25th. Also included is the belkhayate timing indicator (thanks lazybear) which looks to be pivoting back bullish and is above the "buy line" here. Similar set-up as the bull run back in late May 2021, but this indicator appears even more bullish this time around... In terms of timing - the 90-day 'high to high' algo that has been consistent in the longer term for GME (and many other retail stocks) could be back in play here. If this timing holds - look for a new interim high by the late June/early July. Price Targets = #1 = $200 (retest of last break-out's high on March 29th), #2 = fill of the price gap located at ~$292.xx. And obviously, if the shorts start covering in mass - price could squeeze much higher.
In terms of wave structure there still a chance GME could retest the low $80's again for a triple bottom formation. Will be watching closely next week. However, given the now over-extended 100% utilization, ever increasing CTB rates, and the pegged OBV, I think GME moves higher from here. Looking to add to shares and will carefully consider OTM calls early next week with the price targets/timing as outlined above in mind.
POWER TO THE PLAYERS !
Not financial advice.
$GME - The Next Bull Run - May 24 2022I'm not gonna write a lot, you know the drill by now. The quarterly SLD cycle is here and is about to happen. Some changes due to SR-NSCC-2021-002 may cause the cycle to move ahead +1 week into June 1 - June 6 ish.
Invest responsibly, this is not financial advice.
Hope you enjoyed your gains as notified, prepare for more!I predict the stock. I know the stock. I’m 8-Ball for stock :)
I’ve been watching this stock for 17 months. Almost every. Single.. day..
I can say a few things… I confidently understand algos being used. I confidently understand MOASS is tomorrow. I confidently understand apes are unmatched. I confidently understand we can buy more each day and it will still be a good price no matter how many digits..
No cell. No sell.
DRS DRS DRS.
Follow me for more GME posts, to the moon gentlemen. I’m proud to be sharing knowledge on my favorite stock in existence and I can’t wait til we are all as rich as they are, without cheating.
APES FOR THE MOTHERLANDDDDD!!!!
DRS DRS DRS
Check out all of my other ideas for consistently accurate GME price prediction as well as theories and discussions.
LINK TO LAST POST I NAILED 110%
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Still one of the best stocks to shortLast time this stock did a boom and bust in 2008 it took the rsi to 40 until we started to bottom. But this time it's even more extreme, i think this stock has to see at least 50 usd per share before it can recover. But even then i wouldn't buy, it's a pretty shitty stock.
GME GameStop Double Bottom ??it seems like this support is holding pretty well:
I am tempted to think that GME formed a double bottom chart pattern and is ready for reversal.
We also have the second scenario with a sell to $70 before going higher.
GME is already a crypto play, as you know, they will launch a Digital Wallet and an NFT marketplace.
Looking forward to read your opinion about it.
Rackspace, Gamestop, AMC, HYMC and others trade eerily similarMany of us know that GME , AMC , HYMC , BB , BBBY and others generally trade in a strange near identical parity within a given timeframe.
I was curious as I've recently done some research into Rackspace Technology 's ( NASDAQ:RXT ) current market situation and market history - in particular a common thread that many mysteriously struggling and now defunct companies share - that Apollo Global Management has at some point had a hand in their financial trajectory, usually following the same modus operandi, take a struggling public company private (buying all outstanding shares at the deep discount leaving most long shareholders holding the bag), doing massive gutting and PR, taking the company public again with a relatively high IPO, and mysteriously the company just never seems to succeed but becomes a prime target for heavy short selling (though not directly Apollo, the insiders involved are related in some way to Apollo, Blockbuster, ToysRUs, Sears, Caesars Casinos such as Harrah's, Claire's Jewelry, Linens n Things, to name a few billionaire_boys_club_bbc_ep_16_part_3_the_apollo/ ) - ... incidentally Apollo leaves some particular people embedded on the board of directors - people who have been involved in the rescue and ultimate dissolution of major corporations.
The theory is that this is all by design, just following a playbook. Here is a very well researched dive into the connection starting with the infamous Mike Milken and his proteges and going into the connections between this group and many high profile corporate failures. billionaire_boys_club_bbc_ep_16_part_6_the_apollo
I encourage you to read the entire series www.reddit.com
If you don't believe me, just look at "Independent Directors" Mitchell Alan Garber (incidentally was CEO of Caesars Interactive Entertainment) (and Aquisition Co. www.wsj.com and Dhiren R. Fonseca... there are more. These two were directly involved in the purchase and downfall of Caesars Casinos in particular Harrah's entire portfolio.
An example of the scheme Apollo perpetrates is described pretty well in Harrah's wikipedia article starting with its purchase and privatization, next IPO, then some finagling, and finally bankruptcy en.wikipedia.org .
Apollo Global has been busy for the past 15 years with this scheme and it's always explained away or swept under the rug through clever legal/corporate maneuvering. I wanted to raise awareness. . Some people have noticed an uptick:
www.reddit.com
And the salient point is that it all comes back to an elite circle that includes Apollo, Citadel, and others.
$AMC Bullish Option Flow AMC saw bullish Call buying and Put writing today, currently trading +2.7% afterhours . I followed with the 5/20 $13 calls. Bullish confluence in RSI indicator
First line of resistance $14.8/$15 zone will take profits there, with a break to upside implying a further move to $17 zone 10 day MA (blue line)
Lot of supply overhead, move will happen fast where I would suspect a typical dump.
Use a stop loss : )
Cheers
GME - Longs - Its just a small war Two long trades
Plan
Its one positon. Where 80% will be closed at the first target and 20% on the second target.
Scenario (Green arrows)
Target
Next resistance level (level 1).
Requirments
- Close above level 2
- Close above 50% Fib level
- Break of the generated swing (generated swing 1) after break of level 2
Invalidation / SL
- Fall under level 2 AND loss of monthly open
Time duration
Days, weeks, months, years... ;)
Good luck
GME: More bleeding expected!!GameStop
Short Term - We look to Sell at 91.90 (stop at 108.16)
The primary trend remains bearish. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Further downside is expected. Preferred trade is to sell into rallies.
Our profit targets will be 57.10 and 40.00
Resistance: 92.00 / 94.00 / 96.00
Support: 81.00 / 79.00 / 77.00
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Gamestop...Gone,stop.Just take your profits and come back another time...you hodlers aren't holding price where its at. If its going to move, it will with or without your positions.
Liquidity can always be engineered to create a short term short to your long...or create a short term long on a long term short. Know what I mean?
For some reason, common sense isn't a selectable category for the chart idea of, "take profit."