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GME

GME is on the brink of collapse!Good news everyone! My broker offers GME now. The spread is 40c. And by experience I would say the GME pyramid scheme is likely to be about to fall. I would love to short this bag, but it is very volatile that is the problem. I need to compare it to some other examples. Especially since the stock market is not my core activity. Compare it to some stocks but not only. This is no longer a share but a gambling ticket. I'm more experienced with those fortunately. The technic here will be the same as retail gambling lotery tickets and not some hedge fund. This one is not very mainstream Another popular mainstream "investment" (like Enron) The more "dumb money" involed, the bigger the retraces? Tesla is really dangerous it goes beyond the "dumb money" bag/gamble. It is a cult with a prophet that is very skilled at manipulating. Ah this science religion. Tech just really has been stagnating for a while. We get hit by a cold virus and suddenly the world is paralyzed. These cultists honestly think because you can download an app on your smartphone we will experience eternal life, kek. GME bagholders are on the verge of breaking. And then later this The issue is, can't pinpoint the top. Maybe they'll be a small distribution? There is time for the big short, right now short term. And later on we'll look into the big one more. As scientists say "more research is needed on the subject". Either some distribution at the top of some kind (if that even works) or simple wait for the downtrend to start and short on a sucker rally. A couple more screenshots A legend of bagholding (and bulls arguing): My favorite... There is a danger with bag chasing gamblers but fortunately they also provide a solution, they act as resistance. The more ignorant gamblers act tough by proudly saying they bought and will keep buying to "beat the damn bears", the safer it is to short 😉
NYSE:GMEShort
by MrRenev
46
GAMESTOP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. GME is sitting around a strong support zone in blue so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H1: GME is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, GME would be overall bearish can still trade lower inside the zone before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NYSE:GMELong
by TheSignalyst
9
NQ - How many Taps @ 15170 are requiredTECH is a messy trade, the APEs, Fanbios and Degenerate Gamblers fail to see the structure, instead preferring to tout ATH after ATH. Irrelevant with respect to the larger picture which has clearly formed. The TECH Equities operate on Balance, TSLA is attempting to force a fill that requires the 780s to trade. Overlapping rotation from high to low end of balance. Consolidation range for break is the Market Depth, there are subtle nuances which clearly show the structure of the Distribution. It does not indicate CONfidence nor steady... tight ranges of push/pull demonstrate a LACK of CONFidence. TSLA remains a prime example of what's wrong with Market Structure. How is Tesla making new highs? Traders are choosing to ignore placing the wrong trade at the wrong time. Decisions are being made the Level is Long and yet the majority of the Volume is symmetric and small. The Profile is Long for a breakout. The Balance is leading to excess. It is as plain as day, right in the charts and OBV. Tesla is simply exhibiting exactly the same setup as the NQ. When the strafing begins, the Targets are always the opposing measured move back to balance. "The Markets will keep going up until the FED does something absolute." Potentially, but not always. This is what the Market Structure is exhibiting. Momentum Buyers chasing big green bars... This never ends well. Sellers are not running out of Bullets, they are patiently buying time to participate in the reversal of VOL CRUSH. This has happened time and again prior to key moves in prior quick, dramatic corrections. A look above, a head fake and fail. The Potential is extreme. D I S T R I B U T I O N
CME_MINI:NQ1!Short
by HK_L61
4
Correction inbound?In 2008 over leverage of 440 billion, to todays (2021) 900 billion. 2008 inflation rate 2021 May 4.2 April 4.2 June 5.0 May 5.0 July 5.6 June 5.4 August 5.4 July 5.4 Sure just numbers right? Lets look at the months prior to the big change 2008 2021 January 4.3 January 1.4 Feb 4.0 Feb 1.7 March 4.0 March 2.6 April 3.9 April 4.2 The percentages in 2008 were slow yet very high. In 2021 we went from one extreme to another. Banks selling assets, at an unfathomable amount and rate ** reverse repurchases exceeding 1 trillion a day for the second time this year and will probably do so again today SEC, DTCC, and SSTC passing rules and regulations at an unprecedented rate Massive amounts of covid-19 relief money infused by new investors Crooked brokerages working with one of the largest market makers who now know your every move. Naked shorts, and meme stocks. Failure to delivers US 10yr rate approaching 1.0 return 2 WEEK RANGE 0.608 - 1.778 PRICE 99 1/32 Please add if I am missing any other signs that point to a 20 to 30% market CORRECTION ( Not a bear Market). All of these things and if you look at the SPY Chart, even when nobody was working and freeways were dead and police officers were stopping no one from speeding, the SPY chart looks like a ramp Evil K'nevil wouldn't jump from. Let's also remember we have 10.8 million US households that are going to be affected by the rent moratorium expiring on 08-31-21 with a congress that is adjourned for the next 7 weeks ( I want seven weeks off) . That's 1 out of every 6 renters ready to be evicted from their dwellings. Also we have debt ceiling about to be breached.
UShort
by ssyxworld
Retail gamblers lifesavings got ... katapulted away!This virtual e-commerce company with virtual profits let everyone know how many millions they lost yesterday / this night. This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining. And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I present: "With Katapult, you get a cutting-edge lease to own option built for you, with no credit required. You can apply using our intuitive online process in-store or at home while shopping online. Our flexible pay-over-time options coordinate with your pay dates. So, you can make payments when you have the cash." In todays best rektage, there are a few other examples. Metromile The investors most certainly are not smiling here You may note how it consistently retraces to around 61.8% before the big fall. I don't do stocks, or not much, maybe I should, I wish I knew about these free money garbage companies. But I do know about GME, it was on the news and all. And it too has potential, with lots of bagholders. Those companies are troll shell companies with - NO PROFIT - NO MARKET - NO GROWTH POTENTIAL - NO PURPOSE (OTHER THAN SCAM BAGHOLDERS) - NO USEFULNESS TO SOCIETY The kind of company that goes up is obvious. Here. Pfizer is at all time high already! Simple. Gamestop went up because of the short squeeze and that is long over. There are no shorts left (there are but less than 1/10 of what used to be). The trolls holding now are 100% irrational. They have loss aversion and that's it. By the way, Moderna is the best performing "asset" this year. It is the best performing stock in the S&P 500 AND it's price to earnings is still cheap.
NASDAQ:KPLT
by MrRenev
7
Watching TESLA's Trend ChannelNASDAQ:TSLA Here is my working hypothesis for TSLA from only what the technicals are presenting. This stock has a very dedicated and ever-growing retail base that has more of a buy-and-hold view rather than trading typical price action. What's making the difference for me is that TESLA share holders are also buyers and believers in the company. They love their tesla products much like apple consumers love their devices and "ecosystem" which they can live in. This holds in an incredible amount of value not plotted by traditional charts or technical analysis. The class of these individuals are also considerably higher than that of traditional consumers who buy and hold stocks they know but don't have any attachment too. It will be interesting to see how this plays out but I believe that institutional investors would already be keen to this theory and already profiting from it nicely. In the bullish scenario here, I would be targeting the upper trend channel that's newly developed from our recent breakout. Good luck and enjoy the markets.
NASDAQ:TSLALong
by jakelikesstocks
FIGS - LOOKING FOR $46 - Great FinancialsAll, Firstly, FIGS is THE hot commodity in the healthcare sector. All major doctors, dentists, surgeons love and buy only FIGS no joke. They are a high quality brand and actually a decent company. FIGS looks ready to pop on confluence support here and wedge. We will see, keep an eye out. See financials below, but I would consider them undervalued here by about $5-$10. I could see FIGS at some point in time being near $100 stock if they keep up their revenue and hype with healthcare workers. Entry #1: now 5% stop Entry #2: break of wedge w/ trailing stop Entry #3: wait for wedge break and see what happens on previous channel retest fail (late entry on break 40-41$ vs now. Could also of couse go down so do your DD Financials (Almost all good) **High ROE: FIGS's Return on Equity (49.9%) is considered outstanding. PE-- PE vs Industry: FIGS is good value based on its PE Ratio (11x) compared to the US Medical Equipment industry average (48.9x). PE vs Market: FIGS is good value based on its PE Ratio (11x) compared to the US market (17.9x). ER/Revenue-- Earnings vs Savings Rate: FIGS's forecast earnings growth (40.2% per year) is above the savings rate (2%). Earnings vs Market: FIGS's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year). High Growth Earnings: earnings are expected to grow significantly over the next 3 years. Revenue vs Market: FIGS's revenue (27.6% per year) is forecast to grow faster than the US market (9.2% per year). High Growth Revenue: FIGS's revenue (27.6% per year) is forecast to grow faster than 20% per year. Debt-- Short Term Liabilities: FIGS's short term assets ($146.3M) exceed its short term liabilities ($43.4M). Long Term Liabilities: FIGS's short term assets ($146.3M) exceed its long term liabilities ($3.6M).
NYSE:FIGSLong
by DigitalData
2
Do you have Diamond Hands? Check out NXRP's Volatile Reversal...NRXP is in for a wild & volatile ride where it may reverse & double in value or even more. Technicals support a reversal over weeks with a current strong trend on the daily. Fundamentals are strong; F-Score is 9 & they just had some major news catalysts including a COVID-19 Treatment drug. High risk with potentially high reward: up to a 25% drawdown and a potential 100+% gain leading to a 4:1 risk to reward ratio. With a ~30% short interest this could be a wild ride like GME or AMC. Risk management by day trading may be possible.
NASDAQ:NRXPLong
by jsgiardino