GME inside day after 100% rallyThe past a few days GME just had a crazy turnaround.
We got an inside day yesterday, if it's able to break to the upside,
I would very love to participate the momentum!
Let's see how it goes yo!
GME
GME SqueezeHi - short and to the sweet. GME 50 EMA crossed below 200 EMA around 1/12/22. The last time the 50 EMA crossed above the 200 EMA was in 2020. Despite the short squeeze events, or whatever they were, GME has been in a positive direction for ~2 years. Right now we may be going through another short squeeze (you see it with AMC, TESLA, and a handful of other Wallstreet Bets stocks), but considering the recent EMA crossing, I believe that GME will start a downtrend as soon as the squeeze is complete. This is not financial advice, just an opinion. Please comment with thoughts. BTW - same thing goes for AMC. Not sure about Tesla, as it's an actual company with current applications.
GME Timeframe: Medium Term, Technical: Bullish <$200#GME (Exited: Trendline, Entered: Bullish)
#Daily
#Technical Analysis
#crevixtrader
Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha.
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Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it?
To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on...
Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed.
Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild!
Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon!
Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down.
Wherever the price goes from there idk yet! So we wait :)
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Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right.
Not financial advice as always.
Please feel free to donate some BTC or ETH as always.
BTC Address:
1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc
ETH Address: (ERC 20)
0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
A continuation of my ideaContinuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase begins.
To reiterate what we said in our previous posts - we are still looking to remain under 2 dollars until August.
People say TA doesn't work but that's only because they don't understand what they're doing. It is achievable for the regular person to turn 5k into 100k with, of course, some ups and downs.
This chart here is a very basic look dumbed down to show a new person what they're looking at and to give me clarity when I come back to look at it like speaking ideas out loud. TA is much more involved and complicated than just this chart with 3 indicators. It took me 4 years to really understand and get my emotions under check.
LRC to $2 by August. Easy longIt's truly an easy play. Every time news breaks with GME, LRC goes up. GME will publicly release their marketplace between now and July. DCA until the news and sell for at least 40% gains.
GME watchafter a long periode of the price staying stable in general we notice a strong movement of the buyers . best move is to wait for a confirming green candle that an uptrend is about to start and go in as a buyer
Loopring x Gamestop!The Loopring x Gamestop announcement is finally here and official.
- link to tweet: twitter.com
- link to GameStop Marketplace Beta: nft.gamestop.com
Macro:
Loopring continues an overall large uptrend when looking at weekly candles.
With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains.
Short Term Chart:
Loopring has been rejected twice by its 200 day moving average in the past 2 months.
Correlating with Gamestop's pump, Loopring has shot up (to its recent top) over 80%.
As long as GME & BTC stay in good shape (which they both are!) - I think we can see LRC push past the 200D to higher evaluations.
AMC IC breakoutAMC on the 1D is making its way to the red IC. With opportunities to upwards of 15% on the charting, breakthroughs to next resistance could be possible for next week if momentum keeps up.
GME playThere is pretty good support at 1-hour chart based on volume profile.
The candle is sitting on the resistance and support area in the daily chart.
there is a bull reversal and the monthly chart RSI is oversold so we can assume there will be some bull momentum over the next two weeks.
$GME Levels GME being classic GME and up over +25% , if you're in this trade congrats. I traded some calls for nice gains but sold most.
For those still in this trade here are the near term levels of resistance / pivot points I'd be watching for profit taking and re entry
Happy Trading
Can you smell the MOASS?Gamestop has been bull flagging for over a YEAR now. No meaningful volume for months and months but never returning to single digits where it began back in August of 2020. A squeeze years in the making. Tons of FOMO Gamestop is a household name with bleeding edge NFT marketplace confirmed to be dropping soon. Insiders buying shares heavily only means one thing. I am bullish.
AMC 1W IC&BOLL crossAMC Is starting to test on every time scale for the BOLL and IC. What I am looking at next are those 27,30,40 price ranges. If it takes multiple days for that then it could change obviously. But the 1W Bollinger and ICHIMOKU cloud crosses are ones to look out for breakthrough and or rejection
Bull Flag on 15 Min? (GME)Anyone else see a bull flag forming on the 15 min, and a break to $170 after hours or by Friday?
Not Financial Advice, just sharing my ideas
TTT says “Hello!!”, RSI says “I’m back!!”This will be so interesting.
We’re about to see a large battle..
Get your calls.. get your shares..
Shorts timber’s be shivered..
$DWAC Looking For Break Out $DWAC has been hot relative to the market. After seeing $AMC & $GME move this week, it's very possible $DWAC could catch momentum.
Right now the key level is $73 and a decisive break above will potentially lead to a continuation to $85.
If Markets open green it could be a rocket🚀
Target #1 ~ $85
Target #2 ~ $95
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
GME - Holy Moly!!! GME - Strap on the moon boots boyz - here is the rip!! GME over $140 in AH action tonight!! Finding a little resistance in this area from past intermediate lows.
However with volume coming back in mass today, the OBV oscillator uptick is highest reading since last true bull run back in June 2021.
Over 15 mil shares traded today (5x normal daily) and nearly half of it was still trapped in Dark Pools chartexchange.com
Bullish RSI indicator flashing well above neutral line on the daily but plenty of room to run to the upside from here. On the 4 hr chart (shown) the RSI is engorged beyond any previous print ever! - and appears ready to ROCK even higher. MACD leader indicator about to go straight up vertical = bullish price action RIGHT NOW! Borrow rates are sky rocketing tonight and shorts are toasted.
With RC adding 100K shares per recent filings that were released after market close today = Expecting a gap up tomorrow morning pre-market on FOMO energy.
HOW DO YOU SPELL MOASS? = HODL!
Not financial advice.
AMC TESTING UPPER BOLLINGER BAND Today was a very impressive day in terms of price actions. 20% in a 24 hour time is a lot to take in. With AMC being on a lot of eyes. It’s more likely to see higher and higher price action over a corse of a few days at people see the price movements. Even though people will be taking profits. The FOMO of retail wanting a piece of AMC could send price action to the next test points
AMC testing on the BOLLINGER The BOLL seems to be a super good way of finding potential areas of where price is and can go too. Right now it’s testing the Middle BOLL on the 1D and could get rejected or make its way to that upper band. With multiple green candles trickling up on the daily. It’s likely to see that move to that upper band level before coming back down to the lower on the 1D.
IMX to Continue Downward Trend?With only 12% of the supply out, i think we should start to see some price drops again soon. Currently sitting on a possible sell trend line. Let's see what happens!
