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GME

$GME - February Runup UpdateSame idea as before. Runup is February 22, but there's gonna be an additional runup on February 7-9 for reasons i won't discuss yet. I think the chart i'm displaying here could be quite accurate for the next GME runup. For now i'm making this as a placeholder/proof for when the time comes as well as a test for this theory for myself. Warning: The 22 Feb Runup can start as early as Feb 17 and can last for 1 day or a few days and may end on Feb 23 or go on for longer. Warning: The Feb 7-9 runup is still theoretical and waiting to be proved. Not financial advice. Because literally i'm not a financial advisor and this is literally not financial advice and you should be able to make your own financial decisions. Does this even have to be said? Yes...
NYSE:GMELong
by leenixusu
21
The Bullish Loopy-Doopring Structure and Downside Risk (LRC)Newer crypto buyers are given a lot of criticism for not looking at token supply or market cap. A coin's market cap is calculated by multiplying its circulating supply by the price. As I just did with CRO, this can help make some comparative market analysis to try and figure out what the "fair value" of something is. This is a concept that exists in other markets, such as real estate, but can be applied to this market in order to make "educated" price predictions. Here's my reasoning. Loopring has about 10x the supply as Omisego (OMG), and is currently ranked higher in market cap. LRC has close to 1.4 Billion coins. This is somewhat of a similar token supply to Uniswap (UNI), which has 1 Billion coins. Uniswap is currently trading at just above $20. So, perhaps, LRC can achieve a price target of $10+ if it breaks into the top 20 by market cap. But I do not think this would be likely to sustain. See OMG from the 2018 peak. These coins have similar use-cases, but LRC seems to have gained a lot of attention recently. OMG faded into obscurity during the bear market and dropped by as much as 99% in value from $30 to $0.30. Yeesh! INTERESTINGLY ENOUGH, LRC's recent peak is pretty close to Omisego's 2018 peak, in terms of market cap. Can a layer 2 coin like this achieve a higher market cap? Not so sure. I don't doubt that the protocol is useful, but does the token itself have much value? The ascending broadening wedge on my chart shows expanding volatility as price goes up. It is very rare for something to break out of an ascending broadening pattern to the UPSIDE, but should LRC breach the resistance, it can perhaps make one last run towards $10-20. Otherwise, LRC is in danger of falling significantly back towards the middle of the wedge at least, putting it back in the low $1 range. There is shallow support near $1.90 as well. Perhaps LRC can also test the top of the wedge again at a later date (marked by a speculative green X), at a slightly higher price, once things have cooled off a bit. Holding current levels would also be a good sign, since this is the 2017 all-time high. But one issue here is - even with all the GME-like hype and excitement, it's only resting at the previous ATH? It managed to get to this point in the last bull market for apparently no reason at all. Crypto never ceases to amaze. So far, this bull market has been relatively tame compared to 2017. For instance, XLM went from 1 cent to 90 cents in just several weeks back then. Let's see what happens! This is meant for speculation and entertainment only, not financial advice. -Victor Cobra
COINBASE:LRCUSDShort
by VictorCobra
13
Game Over for GME? GameStop - Short Term - We look to Sell a break of 118.66 (stop at 132.19) Rallies continue to attract sellers. Daily signals are bearish. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. We look to set shorts in the early trade. Our profit targets will be 62.74 and 42.00 Resistance: 160.00 / 200.00 / 250.00 Support: 100.00 / 50.00 / 40.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMEShort
by Saxo
7
GME - Idea Nr. 2As the last GME trade worked out nicely. () My next plan: Scenario 1 Planning to buy tmrw some GME. Target is the recent high (25.08% from the current price) No Stop- Loss. Will hold longer Scenario 2 Buying more GME at the s/r level (blue line) if price should fall lower. Same target as scenario 1. No SL aswell. Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor. Thanks for reading! trader_se
NYSE:GMELong
by UnknownUnicorn1541497
1
GME: Second Time Lucky? GME - Short Term - We look to Buy a break of 162.00 (stop at 134.00) A move through bespoke resistance at 160.00 and we look for extended gains. Posted a Triple Bottom formation. 140.00 continues to hold back the bears. Previous resistance located at 250.00. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be 246.00 and 290.00 Resistance: 160.00 / 200.00 / 250.00 Support: 140.00 / 130.00 / 120.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMELong
by Saxo
2
GME Weekly - new record, reversal soonGME weekly chart showing that the stock has been down for 8-weeks in row including the current trading week. If it holds, this 8-week long downward streak will be a new record - the longest consecutive weekly print down EVER for this stock... Considering the massive amount of retail bullish interest it seems very unlikely that this trend can/will/should continue. Further many indicators are supporting a bottom/reversal at current prices. VAPL weekly - showing a steady decline in bearish volume accumulation since this past summer, as Bears seem to be running out of ammo to affect the price. Perhaps the realization that they need to eventually cover is finally taking hold? RSI and Multi-timeframe Stoch both at extreme lows on the weekly. You can see how the share price has reacted previously when these indicators drop this low. Woodies CCI (not shown) also hit an extreme low level (sub ~200s) earlier this week on the daily, further supporting a near term bottom and turn. Fib circle using the last mini-rip ending in November 2021 shows the GME share price is currently finding support near/at the 3.618 fib associated with that run. Given the over extended downward streak of 8-weeks, the various indicators, and related technicals the reversal in GME should be soon, swift and glorious. However it appears one of the main players noted to be heavy on the short side just got a cash infusion... How much more shorting does $1.15 billion buy? Sadly we are all probably going to find out. Link: www.swfinstitute.org Holding XXX. Not financial advice.
NYSE:GMELong
by Akksujean
$GME to 63.47$GME to 63.47 Don’t yell at me… it’s science… —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
NYSE:GMEShort
by SPYder_QQQueen_Trading
12
AMC Rejected at 200MA on 24H!!! NFA !!! Hediges activated shorts again as we approached the 200MA on 24H. I would expect a slight decline to $26~$28 range, but we will continue to the upside in the coming weeks... Hedgies heavily rode on omicron variant to drive apes out, but apes have developed some wrinkles after all this foookery. #ApesTogetherStrong I am Long since January on AMC. For me it is a fight for fair and level playground for all investors. I either go to ZERO or will be a HERO! !!! NFA !!!
NYSE:AMCLong
by GoatOfWallStreet
2
$GME - 1 Month to the next bull runNot financial advice. The next cycle is coming soon. Whilst there might be some movement before the actual cycle itself, the actual 90 day GME cycle is supposed to happen next month February 22 and generally +-1 week around that date. The conditions are 100% the same as last year's January's with the option CNS Monday 21 2021 being a holiday just like it was last year in January 18 2022. The conditions are identical in this respect but it's unknown if the result will be the same. At the least, during the cycle there will be big bullish movement as there always is. Option IV's are already through the roof, i'm not buying into this one, but i'll laugh when there's a big price run & the IV's are in the 175% for ATM options
NYSE:GMELong
by leenixusu
10
GME and the MediaGME tested strong high-volume support from March and earlier in 2021 and bounced up sharply off the ~$122 level rising to ~$174 in the AH yesterday. The AH spike occurred at a time when most retail was not in the market, likely to avoid FOMO and more specifically to effect the IV in a manner to curtail potential options trading by retail and other players in this equity. Smells of desperation. And the OBV for GME is amazing and continues to show that nobody is selling even during significant price drops. GME bulls will just not let go of their shares. Further, the Woodies CCI indicator had a fairly extreme reading this week and with the sharp bounce up off support, it appears that the near-term bottom may finally be in... In terms of the recent media coverage I heard it was "bad" for GME. I don't watch the media much if at all, but trading wisdom has always dictated that traders should 'SELL THE NEWS' - meaning smart traders will often buy/hold on bad news and sell on good news. Based on the OBV it looks like the smart money is adding and holding through this recent bad news...so am I. Not financial advice.
NYSE:GMELong
by Akksujean
2