GME BIG CRASH INCOMING!!!😱😱🙉🙀☠GME is currently hurdling towards the 7th level of hell where it belongs. Anyone long on it will descend into a deeper level of insanity and despair as its revealed that the MOASS was never real and Cohen slaps his investors with a an offering of 7.41 billion shares. The share price will crash so violently that it will likely go into the negatives. Anyone long is not just going to lose their investment, they will be indebted to short sellers for the rest of their lives. Tragic.
GME
Gamestop Analysis 29.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Thank you for watching and I will see you tomorrow!
GME Channel, Feb ForecastThis is the channel that GME is currently trading in. My forecast is a gap higher late Jan or early Feb perhaps to the $450 range. I am very bullish on this stock. Shorts have not been covered and the SEC will forever allow them to kick the can. This will happen until the stock price reaches unthinkable levels. MOASS or not, I'm holding this stock as my #1 holding for 2022. Other picks LRC, MANA, AMC, AVNT.TO, SOL, BTC, ETH
BFLY - SELL OFF BEFORE EARNINGS MONDAY FOR PROFITS? I SEE 10-12+All,
No bad news just a big dip here .. I think minimum we see a 10% move here to retest significant break. I personally believe this stock after ER will go $12+. Would not surprise me AT ALL if hedges etc are seling out here to re buy in down here to make some big profits come ER. Watch for big candles next few days.
see my last post very similar sell off.
LRC betaNot financial advice, just sharing my observations.
LRC, the child of GME, has been really moving lately. OTHERS.D is looking prime for a bounce, barring a large uptick on BTC in the next couple of hours.
If OTHERS.D 5D % charts bounces from the .854 fib retracement, we could see a nice long entry on LRC if some shorts jump in.
Keep in mind market.d and trends
LRC, CRO, MANA all the movers are slightly more difficult to trade with all the activity on them. Be mindful that many ideas are melting together on these charts.
VIX going to 16's next bearish wave startingVIX going to 16's next bearish wave starting.
The wave goes up and then back down, VIX reached a top for the up wave and starting to go back down. I expect all VIX related funds to go down next week and new ATH's for the market.
As always in the past VIX has been making new lows since covid started and I expect it to bottom low teens 10-13 which should paint an economical peak 2022-2023
GME GameStop Extremely Bullish Option CallsIf you haven`t bought at the support:
Then you should know that today GME Gamestop had some of the most extreme out of the money short term calls expiring Nov 26 with a strike price of $500!
I see a short term upside potential of $280 (the next resistance)
Looking forward to read your opinion about it!
GME long position in the short termI believe for the next month or so, GME has the ability to get to my TP at $242.05. My entry however will be based on:
1. if price closes above the yellow trend line in the near future and,
2. if my my red horizontal line is broken on RSI
If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in but the trade goes against me, my exit would be at $191.18
Happy trading!
AMC 2-3x after $57 markTaking the fib retracement (indicator)
from the bottom to the top
you get the 0.618 GOLDEN RATIO @ about $27
- low and behold that's exactly where we found support
Taking the same indicator
from the top to that botton
will give us the GOLDEN RATIO (0.618) at about $57
- this is where price should test
thats about a 35% move to the upside
Now, taking the TREND BASED FIB EXTENSION (indicator)
from bottom to top to the Golden Ratio (0.618
it gives me my take profit levels
0.786 should be used in bear market
(but theres no such thing because the govt keeps printing
)
1.618 should be used in a bull market
in this case $144 is the 1.618
although it can go higher as meme stocks/wallstreetbets tend to do
1.618 plays it safe bc ya know....manipulation and endless printing of money
Q: but @Toro138 how do we know if we are in a bull market or bear market?
A: focus on the Weekly Time Chart and use the 20 or 21 Moving Average
if its over the line predominantly like it is now its a bull market
if its under we are bearish
If the big players are going to go in
these are the levels where they are going to play
Thanks everyone for the support -
if you would to see more like this
or have a particular graph of a stock/crypto in mind lmk
Is GME ready to take off?In my previous analysis I discussed AMC.
GME looks to be in a very similar position as it is retesting a trend it hasnt visited since its last parabolic move to $500. It is also in a wedge and possibly a bull flag.
Anticipated moves for a bullish breakout range from $250(based on the base of the wedge) to $450 based on the last measured parabolic move. Which would leave us anywhere from $450-$650!
What do you guys think??? Let me know!
AMC - BIG MOVE END OF YEAR? DOWN MIGHT BE GOOD?All,
I think we are finally ending the AMC pattern here hopefully by 2022. Either way I see this being a big gainer. There is without a doubt I think an untested $20 play with little volume traded above it that will essentailly send 70-120% gainer (stock). Upside break I think it would cause a retest eventually of high 60s-70s.
I personally like the downside move it will create huge volatility, AMC call IVs will be dead low etc. Just make sure to sell if you need to don't hold it once it breaks it will be a bad break. We have already tested these others lows so a (lower low) long term will send us way further down than before. Remember the reason AMC is afloat is (higher lows over longer time periods).
Other than these 2 big plays I see AMC less and less as a trade vs hold or long term options which at this point is really risky prior to the big move. The close it comes to the end the trading range will die off.
25% Secured 90% Next?Money Makers!
If you look at my previous GME post, I called the 25%+ target PERFECTLY. You'll see why I thought it would pump. The next major pump should be around 90% from my previous post or around 70% from this post. It's currently at resistance but if it breaks, that's a very bullish sign that the market wants to continue higher. Let's see how it plays out because the market's an unpredictable place. Let me know your thoughts below.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.