GME
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: "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.
$PBTS squeeze inbound$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.
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.
ROKU - FOLLOW THE PARABOLIC ARCAll,
Pretty bullish on ROKU here. Only question right now is that if SPY holds since it had a tear back up from 420s. However, this looks like its ready to go might retrace some here so mayh want to wait for a better entry. Just watch closely. I think as long as market doesn't cause a crash in big stocks like ROKU we see 440s and probably 480s. IF THIS BREAKS THE PARABLOIC ARC... the right side it will fall and I would take a PUT or short position
Why So Serious Kenny?I have, myself, full confidence that if all do their duty, if nothing is neglected, and if the best arrangements are made, as they are being made, we shall prove ourselves once again able to defend our home Banana Planet, to ride out the storm of war, and to outlive the menace of tyranny Occupying Tendie Town.
We are going to to Banana Planet based off of my unbiased opinion and technical analysis.
Why? You may ask... Because I'm A Legend And I Like The Stock Thats Why.
(This is not financial Advise)
Looks like a breakout during week of Oct 25Looks like a breakout to the upside will finally come during the week of Oct 25, in the mean time just buy more counterfeits from Market Makers and hold on for dear life.
I've averaged up a few times, so this is my chance to average a bit down again. Not advice, do your own DD.
GME - WeeklyCompleting Wave C correction on the Weekly. Need some buying pressure to come in around the 170 zone or it could fall back to 140. Expect the kitchen sink to get thrown at this thing between now and October 18. My triangle is apex'ing at ~ October 11, 2021. But, the end of the debt ceiling on (~October 18, 2021) does seem like a perfect scapegoat for chaos when this thing flies along with all the ETFs it is going to prop up to prevent the outage like last time.