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GME

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!
NYSE:GMELong
by The77CycleTrader
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
NYSE:AMCLong
by Toro138
11
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.
NYSE:AMC
by DigitalData
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.
NYSE:GME
by rnaofs
5
The next $GME Bull Run is hereTLDR: November 23 is the day where the first big mega candle appears. The runups happen every 90 days like clockwork for all meme stocks, but have a bigger impact on the 2-3 main meme stocks with the most options volume. In this case it's GME & Popcorn stock. Fundamentals don't matter here. This is purely market mechanics at work. Usually there's just 1 mega candle 2 days after the 3'rd Friday of February, May, August and November and then the strength of the runup slowly diminshes over the time period of 1-2 weeks where it eventually gets shorted down to a price slightly above it's previous trading average where it stays for another 90 days until this cycle repeats itself. Not going to go into the technical on why this happens here. It's a long subject on which i've written over 40 pages worth of a "thesis" on to explain on reddit. I'm just here to tell you that the next runup here here. The last chance to get calls is Nov 19 and possibly if we're lucky, on Nov 22. I've already gotten my calls for this runup early even against my own advice. Friday may be the last day before the next runup or it may be Monday. I've already gotten my own calls early on the off chance things pop-off early and i'm going to pay a lot of theta for it. Buying early just guarantees you getting low IV calls if that's what you're looking for. In any case, godspeed. This is not financial advice and nor am i a financial advisor. I'm just a guy here to tell you when the meme stocks & specifically GME are going to move. I'm not claiming the MOASS here, only a runup like what happens every 90 days. If the MOASS comes along with this cycle, all the better.
NYSE:GMELong
by leenixusu
6
Loopring - The Tidal Wave is coming $LRC I think this chart is insanely bullish and i didnt regret the load up after the 2 Days - Correction & 3 Days -Correction. I dont think this Trend is slowing down, i rather think this Trend is climbing exponential. Im long on $LRC & ye you guessed it also on $GME so maybe a little biased. After looking at the technology that $LRC will provide and using their Smartwallet, i can tell for sure, this is just the beginning. But who am I? You like my Crayons? u/whocaresfucku on Reddit did an awesome job by keeping it simple and easy to comprehend, definitly worth checking out. $LRC $GME
Long
by anonloopringeth
1
Crucial SPY test ,MEME counter argument The Fed.. Scholars running the show are now, after denying the fact that the Evergrande mess was contained, are now admitting that the ramifications could spill into the U.S. Economy. The Fed.. Also sent out a WARNING that the act of holding a meme stock threatens the stability of the U.S. Financial system. I would like to point out that holding meme stocks isn't the actual problem. Though I am very biased on this, as I am, and have been accumulating AMC for about a year now, the issue is what has happened to make "MEME" stocks an issue along with why it's being called a "MEME" stock. In my early 20's I worked as a crane rat, learning everything from mechanical to electrical engineering along with ladder logic programming, how to diagnose an issue with a piece of machinery crucial to any random company that needed one repaired on the fly. If it was a mechanical problem, MOST times it was an easy fix. However when it was an electrical problem there was a lot of wire chasing looking for a short , an issue with software, a bad high or low voltage coil. If it was a fuse, what made the fuse , or circuit pop? Was it a short, or was there a mechanical problem like a bad bearing that led to an overdraw of current that popped or blew the circuit? In the event that it was certainly a mechanical issue it was fixed by replacing a bearing or what not. Let's look at the accusation of holding a "MEME" stock as a disruptor in our beautiful financial system. Let's compare our Financial system as an electrical circuit , which it basically is. You work, you get paid, you spend, money goes back to the manufacturer and you get paid again. The more efficiently you spend your money, you develop a savings and invest in a stock that seems to be doing really well, in the hopes you can increase your nest egg. When the circuit is broken the fuse blows and the system goes down, not just because of a mechanical issue but it could also be a software issue. Let's look at the mechanics of the financial system as well. (1) From Investopedia, "Individual and institutional investors come together on stock exchanges to buy and sell shares in a public venue. Share prices are set by supply and demand as buyers and sellers place orders. Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." Seems legit right? Everyone is happy, everything works, and best of all its cyclical . I absolutely love this system! It is FLAWLESS! It works, the machine is in tip top order, clean and ready to rock. It's only when one of the 3 main and/or 6 sub parts of this machine goes bad that we find issues in the circuitry, mechanical and software end of it, and it fails. These 3 main and 6 sub parts are as listed in the quote above from Investopedia: 1.)The Electrical; I.) Individual II.) Institutional Investor 2.)The Mechanical; III.) The buyer IV.) The seller 3.)The Software; V.) The Specialist VI.) The Market-Maker Let's test my in the field diagnosis of this machine: 1.) Looks like the Electrical is working just fine. Stocks have been bought and sold by both investors and institutional investors on a day to day, month to month and year to year basis. Heck I even know a guy who has held Microsoft for 35 years. He keeps reminding me how it "IPO'd at 21 bucks a share". Seems legit to me, This is how it's supposed to work. (2) From the "Wall Street and the Stock Exchanges: Historical Resources web page: " Stock exchanges have a long history in the United States. In 1790, the Philadelphia Stock Exchange, originally named the Board of Brokers of Philadelphia, was founded. Two years later saw another big competitor—the New York Stock Exchange." If "1" is working, let's check the mechanical end of this machine: The buyer and seller III.) Looks like the BUYER end of this machine is working. I can certainly see it's been heavily used and may have had some problems along the way, which I can certainly hope have been repaired. {Robinhood} . Further diagnosis is needed. In this case I would write a note to myself and carry on with the diagnosis. IV.) The seller. This looks pretty good, minor wear to it, but it is functioning as intended. Certainly not as bad as the "BUYER" end of it. the Electrical end of this machine has had some problems, a note has been added but overall still seems to be functioning correctly. This puts me at my third stage of diagnosis. If the electrical and the mechanical aspect of this machine are working, and I haven't overlooked anything, the problem must be in the software. Let's analyze first the directions of in which the market is supposed to work: From the instruction manual : (1) "Individual and institutional investors come together on stock exchanges to buy and sell shares in a public venue. Share prices are set by supply and demand as buyers and sellers place orders. Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." ~ Investopedia Well, would you look at that!?!? Seems We found the glitch in the machine. "Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." AND "Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." Seems we found the issue, it also seems why we may have found why the "Buyer" showed some defectiveness as well. This is why no one singular person or anybody should feel singled out for ruining a perfectly working machine. It is when "Special instructions" are issued to a machine without the engineers approval that the warranty is void. The repair is very very simple. As a field tech, I would simply allow the machine to fail, remove the software and build upon the roots that established it as a working machine. Let's start with a buy is a buy. what does this mean? This means no dark pools. Not for you, me or God. A lit exchange is necessary to have an open and fair market. A buy is a buy and a sell is a sell . There isn't a loop hole in that. what it does bring to light is a buyer beware and ensure stop losses are set. T1 settlement. My electric company has the ability to shut my power off remotely, we have high tech machines that do transactions at light speed, but it takes 3 days to transfer money from one place to another? come on, this i T# and T2 settlement shit is rubbish. Abolish PFOF. This actually should be placed at the top of the list. With todays applications on the Cellular networks, there is absolutely no reason PFOF should exist! Want free trades? Deal with this advertisement first. Or subscribe to our non advertisement plan for blah blah blah a month. a system much like Bitcoin or Ethereum, where every transaction can be placed recorded and viewed publicly. Which is tied hand in hand with the anti-dark pool update. Here is your machine from the 1790's working as intended, more efficient and more transparent. When something goes wrong you know exactly where the error occurred. I am thinking of doing a Yellen , Pelosi essay next. It will be titled Cybernetic Untrustworthy Network Tyrants as soon as I finish some well deserved solitude from the markets and my working life. Credits : (1) Investopedia.com "How does the Stock Market work" (2) Https:guides.loc.gov "Wall Street and the Stock Exchanges: Historical Resources (1)
AMEX:SPY
by ssyxworld