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Gmelong

GME Gamestop Technical Analysis and Trade IdeaIn a recent video, I covered a trade idea prior to the Gamestop (GME) bull rally. Since then, we’ve observed a significant bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, provided that price action aligns with my analysis from the video. The market is currently moving sideways, and if we wait for increased volatility above and below the range, we might be able to capitalize on a bullish trend by entering a break re-test and fail of the range on the 15-minute chart if we see higher highs/lows forming. The video covers critical elements, including trend analysis, price action insights, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and keep in mind that this information is purely educational and not financial advice. 🚀📊
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NYSE:GMELong
by tradingwithanthony
13
GME Gamestop Technical Analysis and Trade IdeaIn our recent video, we conducted a concise technical analysis of GameStop (GME). After a bullish rally, GME became overextended, hitting resistance levels and subsequently retracing significantly. Currently, we’re closely monitoring key support levels. Our primary objective is to pinpoint an optimal buy entry point within this critical support zone, provided that price action aligns with our analysis from the video. As always, our video provides valuable insights into trade entry points, trend analysis, market structure, and price action. Remember that this content is for educational purposes only and should not be considered financial advice. 📈🚀📊
NYSE:GMELong
by tradingwithanthony
4
GME Gamestop Technical Analysis and Trade Idea👉 In this video, we closely examine GameStop (GME). The stock has been range-bound for some time, showing lower highs and lower lows, indicating a slight bearish trend. Despite this, my focus is on a potential long position rather than shorting the stock. We explore a possible buying opportunity if the price action aligns with the scenario discussed. If the price continues to decline, we will abandon the idea. In the accompanying video, we delve into the trend, market structure, price action, and other crucial elements of technical analysis. Remember, this video is purely educational and not financial advice. 📊✅
NYSE:GME
by tradingwithanthony
13
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!
NYSE:GMELong
by AnthonyGarciaEth
GME Gamestop Technical Analysis and Trade IdeaHistorically, GME (Gamestop) has been in a downtrend when we look at the monthly time frame. However, recent developments indicate a potential shift in the trend. As we zoom in on shorter time frames (weekly and daily), we observe signs of bullish momentum. Buyers may find opportunities in these time frames. In a video, we explore a potential trade idea. First, on the 4-hour chart, we notice that the price has retraced into an optimal buy zone. Next, we delve into the 15-minute chart, waiting for specific price action confirmation before getting involved. Remember that trading carries inherent risks. This information is intended for educational purposes only and should not be considered financial advice. Always manage your risk wisely. 📈👍
NYSE:GMELong
by tradingwithanthony
7
GME looks to be getting ready for a sling-shot bull-trap!With the recent bankruptcy of Evergrande, forcing the liquidation of its many short positions, rumored to include equities like GME, AMC, etc., many traders are expecting another brief 'short squeeze' as a result. The charts seem to indicate that GME could make a nice move from current levels ($14.75), possibly even dropping to the bottom of the wedge to the $13.90ish level before bouncing to the upper trend line (white dashed line) to approximately the $18.42 level in the next 15 to 20 days (mid-February), followed by what I believe will be a sharp reversal from that level to a downward move over the 2 to 3 weeks following, back down to the $11.83 level. If GME falls below the $11.83 level (lower white dashed line) on the charts, we could easily see the price drop below the $10 level. If you study the chart, GME is pretty consistent about making a move, falling back, then retesting at or near the top of the previous high before pulling back, which in some cases gives you a chance to break even on a bad trade or even double-tap a successful trade. Either way, GME can blow the doors off any size account if not traded with due diligence. No potential gain is worth blowing out your account. Great traders trade with discipline, and disciplined traders stand the test of time because they never put their ability to trade at risk. I personally never put more than 25% of my account at risk on a single trade. Don't take these charts as gospel, but don't ignore them either! There are two types of traders in my books: followers/copy-traders and leaders/trail-blazers. Which one are you? Good luck, and always use a stop or a buy-limit hedge!
NYSE:GME
by MetaShackle
GME buy the dip LONGI see GME on the 15-minute chart as being setup for an opportunistic speculative dip buy. Details and targets are on the chart. The plan is to get about 5% out of an anticipated rebound off the near-term pivot low. My analysis is the GME will revert to the mean being the high volume area of the volume profile which is 4% upside with the POC line before that where trading will ever be buyer dominate for a continuation or seller dominate for a bounce down. If any shorts bought in the downtrend they will either hold through the recovery or buy to cover to minimize losses. If the latter, the early beginnings of a short squeeze could be a foundation of a move higher.
NYSE:GMELong
by AwesomeAvani
1
GME- Pullback completed Re-Entry REady?GME trended up from the 1st of May into a V shaped retracement and boune from June 7th to 14th finally crossing over the 2nd STD of the full range anchored VWAP before a standard 50% Fib. retracement bottoming 2 days ago as seen by the Fib. retracment tool. Price has now reversed to an uptrend and is crossing both the full range mean anchored VWAP and the POC line of the full range volume profile. The confluence of the mean VWAP and the POC line cross-validates them both and adds strength to the thesis of a a return of bullish momentum. I see this as suitable for a long trade targeting first the red line of the 2nd standard deviation above aVWAP for 75% of the position and then the blue line of the 3rd standard deviation above mean a VWAP for 25% of the position. The MTF RSI indicator of Chris Moody shows two low and high TF RSIs in the mid range. The Lorentzian an AI based machine learning backtesting indicator has printed a buy signal yesterday morning. About the same time the low time frame RSI crossed over the higher TF RSI and the 50 level then MACD lines crossed while underneath the histogram. Confirmations and validations found, I will zoom into a 5 or 15 minute time frame for a pviot low from which to enter the trade long.
NYSE:GMELong
by AwesomeAvani
GME 4hr - BB SqueezingWhen Bollinger Bands® (Yellow lines) are far apart, volatility is high. When they are close together, it is low. A Squeeze is triggered when volatility reaches a six-month low and is identified when Bollinger Bands® reach a six-month minimum distance apart. (www.investopedia.com) Morningstar data is currently estimating NYSE:GME fair value at $48.42 Zacks' proprietary data indicates that GameStop Corp. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the GME shares relative to the market in the next few months. In addition, GameStop Corp. has a VGM Score of A (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that GameStop Corp. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of GME, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B. (www.zacks.com) GameStop has been cash flow positive for the last two quarters and delivered an average earnings surprise of 37.29% in the trailing four quarters. GameStop Director Larry Cheng, who is paid in shares and does not receive a cash salary, used his own money to acquire 5,000 additional shares of the company's stock at market price. (www.thestreet.com) A breakout from the BB squeeze to the upside ( HKEX:27 ) with high volume like on March 22nd may create a perfect cup & handle indicating another possible breakout to the upside ($32.80) Not advice, only my opinion. Do your own due diligence.
NYSE:GMELong
by vanzylik
GME 2.0????????? BGFV SQUEEZE!?!?!?!!!!www.reddit.com In-depth analysis, can explain better than I can.^^^^^^ But essentially a similar situation to GME was. A highly shorted stock that is debt free, making profit, and other good fundamentals. Currently BGFV is the most shorted stock in the market. The special interest date will be a big event. Whether it squeezes or not, this stock is a great buy. But volatility is increases a short is imminent and it's becoming more volatile. Before earnings report it pumped 70%. What do you think does this have the potential to squeeze???? Will we see $100+??????? Let me know, whatever happens it will be very interesting!!!!
NASDAQ:BGFVLong
by Shaun_Poland
9
GME is still going to the moonI am not an experienced trader nor an expert. So .... if someone can change my mind with a solid argument i am happy to change my mind. The price is wrong. If prices in a market are determined by supply and demand, and there are less and less shares of Gamestop available in the market (because of Direct registration and normal buys) Then how does a share price drop? On broker capital.com the buy to sell ratio of GME is 90%, meaning that 90% of the trades are buy trades On broker fidelity the ratio is 86% More people are drs-ing their shares, so that combined should push the price up, its very simple. Those ratio's have been so for months now. Todat after earnings we will see how many more shares are drs-ed. It should make you think..... smth is wrong, and its the price. The manipulation will be clear and resolved, nobody is selling, in fact we are buying.
NYSE:GMELong
by martexx
9
GME: Meme stock buy!GameStop - Short Term - We look to Buy at 121.05 (stop at 106.04) The trend of higher lows is located at 121.00. This is positive for sentiment and the uptrend has potential to return. Prices expected to stall near trend line support. We look to buy dips. Further upside is expected. Our profit targets will be 166.95 and 180.00 Resistance: 167.00 / 200.00 / 240.00 Support: 121.00 / 80.00 / 40.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:GMELong
by VantageMarkets