GameStop Short Term We look to Buy at 118.26 (stop at 110.74) Preferred trade is to buy on dips. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 115.39 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 120.00,...
Parabolic analysis of GameStop, a fascinating chart in term of trend behaviors and algorithmic short-selling.
it seems like this support is holding pretty well: I am tempted to think that GME formed a double bottom chart pattern and is ready for reversal. We also have the second scenario with a sell to $70 before going higher. GME is already a crypto play, as you know, they will launch a Digital Wallet and an NFT marketplace. Looking forward to read your opinion about it.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Here is the GME chart. Vertical lines denote starts of periods. I have some fun triangles too just for giggles. You'll see here a clear pattern. 7 weeks to short, 4 week runup, 1 week to I don't know what, restart the short cycle I guess. Given that the total is 12 weeks (approx quarterly) I think that fits pretty well with the quarterly options expiration. I...
RSI close to neutral, Volume MA rising, NFT marketplace launching sooner than expected, Record date for AGM, to vote on share split, probably next week 14th, Split Share dividend on the horizon. (and maybe some SHF is in trouble and forced to close shorts)
Net sales $2.254 billion VS $2.122 billion in Q4 of 2020 VS $2.194 billion same Q 2019. Net loss of $147.5 million, or $1.94 per share VS a profit of $80.5 million, or $1.19 per share las year. My buy area is $48 - $69. I expect a bounce from that strong support.
GME Gamestop had 4.8K Puts and 1.6K Calls for the past 7 days, most of them being short term and leading to a price close to the $110 support. Considering the chart and the options for GME i would say it has the chance to touch that support line before being bullish once again. Looking forward to read your opinion about it.
GME Gamestop is launching a marketplace for NFTs, reported the wall street journal. GameStop is also reportedly creating partnerships with two crypto companies to “share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects”. The stock bounced from a strong support and is heading to the...
Welcome to my in-depth and detailed analysis on Gamestop GME. This analysis was first published on 11/22/2021 at 12:35 by me Highrisk221. Date and time information is based on Berlin time zone. We look at Gamestop in the 1 hour chart As we can see in the chart, the price trend wärend the last high phase on 08.06.2021 at 17:00 put a correction phase which...
Just a follow up to November's outlook. It is interesting to see the price playing out as anticipated. I could say "predicted", but don't want to sound like a D_ck! 😁 So let's see if price gives some clues as mentioned going forward. Dam! If I am right for a third time in a row I may just have to write a price action book or something 😅 Be well and happy and safe...
On the volume indicator, I can see distribution on the shares the bulls have collected their profits, letting the bears enter the rally, In January 2020 the GME stock has got a huge pump coming from social media like Reddit and Twitter, which prompted the platforms to limit the number of shares purchased as a maximum, and prevented some platforms from trading the...
If you haven`t bought at the support: Then you should know that today GME Gamestop had some of the most extreme out of the money short term calls expiring Nov 26 with a strike price of $500! I see a short term upside potential of $280 (the next resistance) Looking forward to read your opinion about it!
Everything you need to know is written directly inside the chart :) Tadingview /chart/Y8nobi0m/ to navigate it fully
GME Gamestop bounced from support and now looks like it`s heading for the resistance. My price target is $226 I`m looking forward to read your opinion about it.
After a simultaneous run on yesterday's and last week's highs, will GME now run for sell side liquidity and close the weekly gap? We shall see.
Yesterday i saw two times more puts than calls on the options chain for GME. Gamestop reported adjusted net loss of 76 cents a share and net sales of $1.18 billion. The analysts consensus called for an adjusted net loss of 67 cents a share and sales of $1.12 billion. Let`s wait for a pullback to the key support levels then.
GME Gamestop lost some traction on WSB recently, which made me think about a possible retracement to a support level that i might considering reentering this stock. And that support is around the 130usd area! I am looking forward to read your opinion on where GME Gamestop is heading now!