GME WARNING ! PLEASE BE CAREFULEven though it's driven by community but I believe that graph already tell everything.
I think it's gonna significantly fall at least in shortterm soon.
Please be careful and keep your discipline strongly
GOOD LUCK
GME
$GME Day Trading Strategy With Our Proprietary Indicator.We entered our long position on Thursday, June 13, and exited this morning with a small profit using our day trading strategy with our proprietary indicator.
GME consolidation before the squeeze [History will repeat]
The 2021 squeeze started as the 20 EMA on weekly chart flipped above 50 and 200 EMAs. Right now we are very close to the same event (which has not happened since then)! Give this a 1-3 weeks of consolidation and the squeeze will eventually happen! 🚀💎💵
GME - Week of June 17, 2024NYSE:GME - Thesis
- Management is Ryan Cohen; the buffet approach
- With over $4 billion in cash, Game Stop has a better Price-to-Cash valuation than plenty of companies inside NQ.
- RK comes back after a three year hiatus, with transparency of his portfolio.
- Market structure is forming a moon landing to $120+ per share.
- And with a cultist group of degenerates (like myself); Hedgies Getting Wedgies - Dumb Money 2 will be made.
Despite all of this.... I can be totally wrong & management could rug pull everyone and it goes straight down to zero.
Nothing I post is financial advice nor investment advice....
I simply like this stock!
$GME Up Up & AwayKey resistance support levels set up and will be trimming position heading into the $40 level. MACD Cross + RSI Cross/Uptick + Broke above 7D SMA.
Bye bye.
GME & Roaring Kitty! Is party over? Roaring Kitty sold his calls for a lovely profit.
Rolling those profits directly into common shares.
He has no amaased over 9 million shares.
Matching the exact amount of Ryan Cohen in 2020
This deep value trader is certainly not done with this stock.
BB set up for a move higher pre-earnings LONGBB on the 15 minute chart has earnings in three weeks. Price has been meandering sideways
for two weeks after some significant volatility in mid-May. I believe it is now due for a change
of phase/cycle as the earnings approach. I will place a long trade here targeting initially 3.10
just below a significant level to the left being the consolidations before and after the
volatility of mid-May. These is the likely level where traders will again make trades in BB.
The upcoming earnings should add some extra volatility into the price action which could
translate into profit.
I like the stock to $42Good afternoon traders,
I like the stock and the price action with confluence of other variables.
I am long.
Weekly line chart
Price action basics I learned.
New low/same range as sent it up holds
try again
Monthly Line chart.
NYSE:GME to $42 blaze it
$GME AlgoTradeAlert Algorithm Momentum Indicator Our strategy is to wait for the large green dot to enter a long position. Today at 12:30, we got our large green dot buy alert. We never trade with emotion. By eliminating emotion, we can trade successfully and make huge profits that will pay for the software 10 times over. NYSE:GME #gamestop
$GME AlgoTradeAlert Momentum Algorithm IndicatorNYSE:GME AlgoTradeAlert Momentum Algorithm Indicator
We never short growth stocks or stocks with a lot of volatility. If we were short, we would have covered our short position and gone long. Instead, our strategy is to wait for the large green dot to enter a long position. On June 10, we got that large green dot and we entered into a long position. Yesterday at 13:20, we exited our long position with a fantastic profit. Today we are going to repeat the process and do it all over again. Wait for our algorithm to give us a buy alert to go long.
GAMESTOP: The Party Is OverRemember when Elon used to tweet about Dogecoin, causing the entire market to react wildly? Market cycles repeat, and this one is no different. What we've learned is that driving up prices through tweets, Saturday Night Live appearances, or YouTube livestreams is unsustainable, and the positive effects are diminishing.
Yesterday, expectations for the livestreams were high. Despite multiple market halts, the disappointment was evident as GME's price retraced to its pre-pump level from the start of the week.
GME new bullish momentum LONGGME on a weekly chart has clear the chop zone on that indicator and is now above the POC
line of the long -term volume profile indicating that bullish momentum is greater than bearish
momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters
of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below the POC
line will be the initial stop loss to be moved to break even upon a price rise of 10% from the
entry and then changed to a trailing loss of 10% upon another 10% price rise. I believe that
GME is heavily shorted; Accordingly, a short squeeze could add to the push higher.
Gamestop WatchGME is the most talked about name in the market at the moment with the roaring kitty saga. We have it on high watch. Our premium indicator nailed the initial move and gave two blue continuation bars which captured the last move.
Although we believe the "squeeze" is likely through, we will be watching for another continuation setup to punt over the next week.
Possible Turning Point GMEWaiting on Indicator to flip long. Will probably be dependent on the FED tomorrow but willing to take a chance here. Stop Loss set at 19.75 NYSE:GME
My 4H $GME Chart Showing Key LevelsThis is being posted in addition to my weekly chart so its easier to see. Original weekly chart can be found in "related ideas" underneath this description.
Expect the next 2 weeks to be extremely volatile due to several upcoming events:
Earnings Release: June 11th
Annual General Meeting: June 13th
Contract Expiry: Over 140,000 call contracts expiring on June 21st
Price Prediction
Short-term Decline: The price may fall further to between $25.25 and $23.07 to fill the gap created on June 3rd, represented by the blue demand zone.
Upside Potential: Following this, I expect a price run-up past $67.50 and $80 due to the exhaustion of selling orders over the past 4 weeks. Watch for a test of the all-time high (ATH) of $127.01.
Cheers!
GameStop Technical Analysis (Y24.P2.Video1). Bearish Hi Traders,
My thoughts on GME and what took place and what 2 or 3 scenarios I see taking place.
All the best,
S.SAri
Members Daily Analysis June 9 2024Markets Sold off on Friday...just barely.
Interest rates surging. Dollar above 105
FOMC Wednesday at 2pm
CPI Wednesday 8:30am
Energy: Oil, Uranium & Nat Gas setting up for some trades.
GME is the only meme coin with a mainstage narrativesend gme on solana to $3 right now
roaring kitty keith gill wants to blow this market up and its going to drag the gme meme coin with it
...just look at that sell candle, someone dumped and it looks like the did it way too early.
GME/SOL most liquid CA: 9tz6vYKiBDLYx2RnGWC5tESu4pyVE4jD6Tm56352UGte
time to forget your pepe wifs and all that, but dont forget to look into $bozo aka Bozohybrid as thats a gamechanger ;-)
Trade Like A Sniper - Episode 27 - GME - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Gamestop (GME), starting from the 4-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
Can Roaring Kitty and WSB team push Gamestop to $184If u copy the price range #1
and add it to the high of 2008
We get a log price #2
This could be useful to have some insight to where #GME could possibly go if things go crazy!
And it not only challenged it's ATH but goes on into blue sky territory.
This is also extremely bullish for #crypto and #shitcoins
Wild Degeneracy breeds FoMO and creates giant green candles where don't expect them
#Memecoins
$GME GAMESTOP... HAS THE GAME STOPPED?NYSE:GME Gamestop broke out of it's falling wedge after 3 years of a downtrend from an all time high of $120 - Weekly Timeframe.
At the breakout of this falling wedge, #GME distorted it's downtrend to start an uptrend!
Currently! Prices have retraced to supports around 24.
To maintain this uptrend, price action has to remain supported btw $18 - $24 Else next support around 10 could be retested.
Maintaining key support around $24 will allow for much higher prices in the future.
NYSE:GME Up resistances: 39, 58, 79, 99, 120
GME buy at 42 sell at 85 - easy 100% - pure technical playGME is going up on a very high momentum and volatility, very emotional market with very clear Eliott Wave patterns
It seems that possible pullback today is a great buying opportunity around 42 USD. Area of 85-90 USD is a good place for a local top.
