The father of all SAGAsThe DWAC price tag of 175 in 2 days, is way above AMC and GME saga..!
and it pushes all other social media stocks into the red zone!
Trump vs Facebook, Twitter, Pinterest, and Snapchat
But everyone knows how it will end!
Best
Moshkelgosha
GME
$PBTS Reversal Inbound + Possible SqueezeVolume increase and reversal on charts + high shares shorted, last I check was around 6.5million shares borrowed
$GME to $81 - I don’t make the rules… $GME to $81 - I don’t make the rules…
I mean… from a technical standpoint…
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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 due diligence.
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!!
GME TO THE MOON SOON! 🚀🚀🔮 LFGThe long term consolidation is fucking insane. It is wedging at a very nice form.
A breakout could happen before November 15th.
The SEC report stated that barely any shorts have covered...even after January's rally. (Only a few small shorts covered but not the big ones) Shorts never covered because brokers took away the buy button. Thus shorts didn't need to cover because everyone could only sell and they'd be stupid to cover.
What is different about this time? People are buying actual shares in their own name... now leaving it in the hands of retailers rather than brokers. Meaning if prices go as high as 400 again, shorts WILL cover and skyrocket a shit ton even if brokers restrict trading again.
What's more is that we saw a massive cup in the middle of the wedge. I may be grasping straws here but we are in on overextended handle the just needs to break the resistance for it to fly. While this is a slight stretch, on cannot deny the wedge formation is looking good.
GME to 1k🚀
APES NEED TO GATHER. LETS GET THIS BREAKOUT AND FLYYYY
AMC Still Leading GMERedline is AMC current price movement.
IMO AMC is still leading GME in movement. AMC has completed its second run and gearing up for a third, meanwhile GME has not even started its second run.
GME Everything Is pointing towards ANOTHER RUN ! Bullish !Not Financial Advice
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Technical Analysis :
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First looking solely at the TA , considering the ticker cyclical behavior everything shows that it should shoot up anytime.
Ascending Triangle inside the "Golden Triangle"
MACD/RSI are showing the same clear signals as before precedent runs.
Not shown on the graph, but IV is also at the same value as before JAN 2021 Run.
Now I believe more volume is required to beat the downward pressure from Bears Hedge Funds.
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Run down of possible Catalysts :
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Earnings
Now we're in this dynamic right before earnings , with the cyclical behavior in mind, it only adds to the bullish case.
Video game industry sales are extremely seasonal. and Nov , Dec are by a large margin the best months for the whole industry.
Adding to that that Gamestop sells much more PC hardware, clothes, phones... And is the process of shifting to an e-commerce model. It is plausible in my opinion that they will crush this quarter.
One of the sources : www.statista.com
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SEC Report :
During June earnings meating Gamestop board anounced they were in talkings with SEC.
SEC issued a report that's overall pretty bullish from SEC, basically stating that Shorts are trapped in this case.
Source : www.sec.gov
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My personnal belief as I said is that volume is required to back the bullish case.
With FTDs rolling for Shorts we could also see a fabricated upward momentum.
We can also believe it will go to 200 then back before 170 before another run early November. In case volume is as dry as it has been lately.
Honestly no precise price target in case it shoots up, just up.
An early gift for your Christmas Superstonk. Bullish to $290I love me some $GME.
We've got some technical 'scallops' forming here. It's going to pop, but the intensity will depend on the 'catalyst narrative'. Typically, timeframes to hit targets for triangles is 1/3 the base forming (puts us at $290 w/in 80 calendar days. aka CHRISTMAS).
Wait until $180 to buy on the pullback, or you could wait for the technical breakout (with volume). Buying stocks at the pullback you'd have a stop at $164.45, and a price target of $285, with a Risk/Reward of $15 loss V 110 gain = 7:1. Options will be a good play, but I'll wait for the technical breakout first, or see what the candles are doing on a breakdown. No matter what this is a buy in that red zone.
I'm at the point in my career where I'm not interested in playing weekly or monthlies so I'd buy the January monthly $210C (for about $15).
Good luck out there!
AMC's 3rd Squeeze PredictionAMC has been prepping for it's next squeeze for almost 5 months now. Short Interests is at all time highs meaning shorts have not covered and the technicals show bullish momentum starting to build up once again.
Some indicators that suggest the next squeeze is starting.. low volatility, low volume (increasing now), high short interest, pennant close to breaking out, and previous trend analysis.
My price target is taken from AMC's Speed Trendline & Fib Retracement levels which suggest the next squeeze will peak end of November at around the $150 area
Low/High Weekly Price Targets:
October 22 - $38/$48
October 29 - $42/$62
November 5 - $52/$80
November 12 - $73/$88
November 19 - $87/$104
November 26 - $96/$150
$GME possible breakout during week of the 25thLooks like a breakout is due for $GME during the week of the 25th and following the pattern of the previous spikes, starting around 2 weeks prior to earnings report.
This time the breakout will be out of the huge pennant that started in January and with the strong gamma ramp I expect fireworks.
#GMESQUEEZE #GME
Not advice, do your own DD
AMC - Price OutlookLooks like we have a Mini-Breakout here finally, setting up an IHS on the 4 hour/ daily, MACD crossed up with momentum continuing and RSI 50 line trend being crossed above as well.
Looking for some price consolidation from here tomorrow and a bounce off the RSI trend line to let the STOCH cool down a bit. All in all looks like a nice entry should show up tomorrow for a continued run into next week.
...I'm Buying More
$GME wedge coming to the end50 and 20 DMA cross (last time crossing the 50 and the 20 on separate occasions led to a rip). Wedge coming to the end. Bullish on the daily MACD as of today. ADX/DI signaling a reversal. Nothing else to say...
I'm not a financial advisor but I think we rip in the next two weeks. If the fib replacements follow similar to $AMC's run in June I could see $640-800 as the next price targets.
Positions: Shares and 10x $195 C 10/29
Edit: My bottom trend line is a tad high and the triangle isn't connecting fully (did those on mobile) but you guys get the picture
GME - Break Out!With the breakout today how long before the match is lit and this thing explodes?
Indicators looking great overall including a MACD bullish cross recently on the daily.
Volume dry as a bone = it won't take much to move the price.
Not financial advice.
$NAUT next to run, $AMZN invested in them$NAUT undervalued and ALOT of insider and institutional buying past 2 weeks at $7+ discounted right now and $AMZN invested
$GME: "Weaponized Commodity Markets" Could Mean Another SqueezeAs crude oil sits in a very vulnerable position, Putin has come out declaring it could head to $100 and while China contemplates the scale of a potential Evergrande bailout, there's a serious potential risk here that the inflation trade will continue thus leading to another squeeze out of GME which has been an efficient barometer for inflation since it's grand squeeze in January. However, it isn't just the movement of liquidity that could benefit the prospects of GME. If sky-high gas prices are here to stay, another stay-at-home windfall could push GME back into the 200 pivot or even beyond as reopening vacation plans get shelved.
All $GME lines converge on 1 NovemberStill looks like we can expect a breakout, at the latest, during the week of 25 October.
All support/resistance lines converge on 1 November and it looks like the 200 day MA will also cross through this point.
$PBTS squeeze inbound$PBTS squeeze inbound again, short interest stacked up and volumes on the bids + crypto
Up and Chinese stocks :)
Lots of stuff going on herePlease help analyze. Ethereum general trends and potential futures - GME included because it will be pertinent - Interesting timing on the GME spike and the ETH breakout of the bear market? What really happened at the bottom of the ETH bear market, who was the consolidator in the flash crash? Random ramblings included. Yes, crazy.
I bought more, And when i'm done doing that....I will continue to take advantage of these lingering low prices of GME & AMC until the Inevitable wildfire commences, thx Kenny & Co
(this is not financial advice)
GME - Oversold/Testing SupportGME oversold and testing high volume support at the $169 level from February 25th. Holding 3 times at this level in the last 5 trading days.
With the oversold condition, strong price support, chart dynamics, and high interest = GME bottoming soon.
Last bull impulse stalled out on September 1st but likely is part of a larger complex. Fibs lining up well on the resulting down impulse if this is the case, with GME testing the 0.236 fib.
BBs staying narrow and "bottom" indicator saying ' maybe '...Volume dry as a bone. Just needs a spark to catch fire...
Previous price spikes have been robust. Should be impressive!
Not financial advice.
