GME On weekly support, will it bounce?
!! Not a Financial Advice !!
We are exactly on the weekly support. I hope for a bounce. The options market looks bloody. kind of hard to predict the short term. One thing is for sure, that the short sellers are really happy to ride the FUD and rely on fed minutes to drive paper hands out.
Regardless, I am holding to my shares and my conviction for a better playing field for small money.
GME
LRC Still believe LRC is going to touch 1.50-1.60 area first (which would be bitcoin at 42k) before reaching that 7 or 8 mark.
But..
Im posting this after seeing the current volume from the last few months. That alone tells me to keep holding with big rumors like Nike, MSFT, Alibaba and the bank of China upcoming. Paired with confirmed yet unannounced like GameStop.
GME - FOMO vs. Accumulation GME daily chart showing confluence of trend lines going back to and beyond the pop that occurred early last year. The price appears to be holding/reversing at these levels.
Volume indicator (VAPL-CM*) showing significant accumulation of shares recently. This bullish volume is occurring after the drop in price and isn't FOMO buying as occurred back in June and July 2021 when GME bulls chased higher prices. Indicates 'smart money' or at least long hedges are accumulating this equity in anticipation of a price surge.
And the price has held up well despite what appears to be new massive shorting that occurred in late November/early December 2021. Direct registration of the GME shares may be playing a role in this more recent volume dynamic, and overall daily volume remains very low, however the OBV (not shown) is still pegged to the ceiling.
The BBs are getting tight again but have a little further to go IMO before a blast off will occur. With many put options expiring OTM later this month - expect some significant price movements to the upside... ~1 to 3 weeks.
Not financial advice.
AMC Shorts are in big big paindont know anything about stock im just a retarded ape but compared the vw squeeze to us oil in range of 2008. showing me oil will hit 150$ before we will see anything going banana's
amc could still go down a lot but its not sure when the squeeze will happen. end shorts will loose there money . 850k is not a meme
.ps i will tripple down my position in amc if it hits the yellow orange bar good luck.
GME Wyckoff AccumulationGME has just completed a spring/shakeout and the trend will gradually become bullish. GME IV percentile is at/near the lowest it has been in the past year, and institutions have been using this opportunity to load up stock and options. Options open interest in meme stocks (GME, AMC, NOK, BB) have been sizzling lately. Meme stocks should have an explosive beginning of the year.
GME to $100K is no joke (not financial advice)(i like the stock)Even with the price tag GME has now it has been holding consistent volume vs. its past average for 2 decades.
With the recent run up to 500, GameStops volume soon plummeted after it failed to continue its parabolic action upwards. As fear ran rampant through retail due to absurd actions made by HFs and the United States Government in direct result to GME's price action, volume fled.
Regardless of the high price and clear manipulation, apes have stayed confident. Confidence is what will lead these apes to their victory. The APE mentality is truly something unprecedented. -10% day? OOh buy MoRe. -25% day?? HUGE DISCOUNTTTTT!!!
Apes are no longer saving money. Apes no longer desire millions of dollars. Apes have become obsessed with acquiring GAMESTOP SHARES! The price isnt real they say.. We knows its true worth!!! (noThing shy oF 57 million per shARe)
Jokes aside the accumulation at these levels is extremely impressive. Considering the DD on this stock and that GME has traded at over $50.00 in the past, I say PT of $100,000
SIR WHY IS YOUR PRICE TARGET SO LOW IF YOU TRULY EXPECT THE SQUEEZE TO CONTINUE TO URANUS!!!?????
WEll ladies and Gentlemen, I expect the FeDs to certainly crash this party early, in fact i think 100k may be too greedy. I think we can expect weekly or evenly monthly halts on GME as soon as the real money starts being made.
If the feds dont step in.. brokers will.. They will remove the buy button again as usual.. and thats fine. but who is to say they will even allow you to sell your shares? What if they dont actually own your shares (congrats to the folks who are DRS'ed)
ANyways, goodluk apes. 100K by 2025
and Ken, if you see this, i hate you. merry christmass you Jack*** :D
-Sincerely
Your Personal Future Loan Shark
$GME definitely going back up againDaily MACD went green yesterday and MACD crossed. The long red cycle is over. Shares to borrow and short has dried up.
Shorts are still buying expensive puts and using ETFs to try and keep the price down but retail can hold longer than shorts can stay solvent.
Not advice, do your own DD.
RC poop tweet and GME’s future price action RC has tweeted on several occasions something poop themed. From Harry’s ski chateau blowout to an ancient looking compooper chair to taking a glorious dump in the metarverse. I anticipate a retest of the lower trend line before price begins to reflect the massive upside we all know GME has. Maybe RC was hinting at more bearish PA before the rip to the heavens.
LRC rejectedIf no announcement comes this week we can see a slow bleed for the next 4 weeks.
Down to base of flag, 1.60 areas where to the last dump wick reached. This will maych the weekly me and the gamestop quarterly report at the end of january ( or their possible timeframe for announcement ).
Wait and see plus, Accumulate.
GME - Bears Loosing ControlGME 4 hour chart looking ripe for a rip to the upside as bearish volume is drying up quickly.
There was some fairly substantial pre-market buying today (not shown) and an overall lack of bearish volume is driving the squeeze indicator into positive territory.
Further, the massive spring candle print clearly indicating GME bulls are taking this stock back. A pop to the upside could force covering on recent short positions.
Not financial advice.
GME: Hype Over?First, you must fall, then you can rise. This old saying also holds true for the GME stock. We expect the price to drop to around $54.58 and then go on to reach new highs above $500. So, there is a lot of potential still with this stock. However, the current correction needs to fully unfold, before the potential can be realised.
Any new year's resolution already?
Support Trend Line Breakout on GameStop stock.Support Trend Line Breakout on GameStop stock.
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GME Back on track as Omicron dusts settle down
!! NFA !!
As the Omicron hit the scene, hedgies piled up on shorts as a last ditch effort for bringing the apes down. Now that the Omicron dusts are settling down, people are back at it and price is currently on an up trend.
Our friends at AMC got rejected at 200MA on 24H chart today. I Predict the same scenario for GME to happen. At the current rate, we will hit the 200MA at around $180. This price area is a bleed area for shorts, as they will be once again under significant loss.