$GME Q4 may get crazyCould see some GME fireworks in Q4. Trading above ATH anchored VWAP (163.65) and appears to be breaking out of triangle. Needs confirmation, but worth having on watch. Break above $225 resistance zone and $300+ isn't out of the question with MEME strength in this name. Alarms set !
GME
LRC Looks prime to test previous ATH ($2.51)Good afternoon traders!
Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073.
A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out.
Good luck traders!
Loopring Bull Signal - Massive RSI SpikeLoopring Bull Signal - Massive RSI Spike seen on the 15 minute chart at the beginning of each leg of the ongoing long term bull run. With heavy positive public exposure with the ongoing GME situation, Loopring will be getting massive buying pressure as GME continues to loom in the background. With an announcement of partnership rumored soon, this is likely a conservative estimate.
GME Triangle Formation Almost Complete (Potential 60% Gains)What we see here is the triangle formation that has been in the works since Jan 2021 finally coming to its end. The purple line here is the bottom of the triangle and can be considered to be the 'lowest' price point of the stock. I expect the downturn in price to continue till around Mid-October where it will either shoot back up to the top of the triangle then break past it OR continue beneath the purple line to end the formation. I expect it to go up based on other technical + fundamental analysis - and expect the price to play out very closely to the green arrows provided here. I've closed out my positions in GME months ago but will be looking to get back in if/when the price hits $170 again with a potential outlook of ~60% gains.
GME is going to Banana Planet - $1700Looks like we're seeing a shift here with the buying pressure starting to come in, We need momentum to continue if we expect us to finally break out of this Wedge/Triangle though.
I've been grabbing leaps and shares every chance I get, The longer these institutions prolong this the more violent the breakout will be. RSI, MACD & STOCH are in great positions IMO, RSI came down and is starting to break back up above signaling a trend change (As long momentum continues) and then we have a nice tight MACD cross up starting here along with the STOCH showing a shift as well.
Above 190$ we will see 210-220 quick, then from there I expect retail to wake up again hopefully forces Hedgies to start covering they're sold calls......Rinse and Repeat
Good Luck To My Apes, And I Pray For You Shills/Boomers short on this thing.
We've already won, It's just a matter of how long you will wait for your movie like ending.
GME Launch Mapped!!Money Makers!
GME has been trading above the diagonal support shown nicely for a long time. This stock is looking to move up higher after the accumulation phase is over. I marked out all the key resistance areas with the possible percent gains. If the current support is broken, the next major support is right below $40.
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Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
HOOD Blast!!Money Makers!
Keep an eye on HOOD. There's a lot of ppl that are naturally watching this stock due to previous complications during the hype of a few other stocks we should all know about I think this stock is getting ready to move higher with a massive sell-off to support yesterday. It has a few areas that it needs to overcome before it's a clear path to previous ATH. If this previous ATL is broken, I'm not sure how low it will go but I would look for a retest of s/r before thinking of shorting. Time will tell. It's all about Market structure, Area of value, and Entry Trigger.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
GME: how high will it go?It looks like GME is moving towards a strong supporting line in a channel and a wedge. It has rebounced on this line before. If it does, how far will it go? No matter what, it looks like, there is a lot of upside.
I like to look at charts because I believe there is magic behind the numbers, when you can read the history, psychology and trends in the charts. I hope I can inspire and entertain, but I am not a financial advisor. Please do your own research.