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Gmeshortsqueeze

GME Breakout Day 7 - Stage 1 Separation in 6 daysYesterday was the highest close since January 29th with today being a second close in a row over 250. At this point being so close to the 9th, there is a large portion of people waiting for that all important answer to the only question that matters. How many shares voted in the shareholder meeting? We will find out next week and while I have enjoyed this breakout, I have been rolling over my call options to shares, as options are currently very expensive. I will be buying the whole time though and have not sold any shares, just been rolling in option profits to more shares. Short term technical: GME currently on a run since the 24th and todays close is sitting on the trendline. A hold tomorrow should be a close of at least 265. I have moved my "moon" target to June 9th and 351 dollars which was the March high, The gap up is still not filled (217-222) and I believe there is currently zero chance of that happening. There was a gap down today which should also put pressure on GME to keep rising up. Good luck and hang in there.
NYSE:GMELong
by testmuffin13
1
WHERE'S THE THIRD?The percentage of short volume is about 60%, is it high bruh! it's high, is it short squeeze bruh 1000 videos in YouTube said so and the reddit said it too. So will it fly don't know. from the pitch fan, it predicted the price of GME cleverly reach $260s, so based on pitch fan it can be said that, yeah it will fall first before continuing the path to the moon. Well GME price is based on the community, so its hard to say just from reading the chart, because the chart itself was broken with the short squeeze before. So is the chart still worth seeing? Nah, its already become a mess. it needs another 10 yrs before the chart of GME considered useful. But from the analysis of mine only (all the videos I watch ~about 100 videos said that it will fly to 10 million 🤣, so that i cannot say much from the videos hahaha). From my analysis, GME will return to 136 first, don't know why I feel it will happen hahaha. Why it falls? from what I see in the chart GME likes the price of 136. In the chart (fact) there are already 5 reversals in 136, so why there's no sixth? Well I cannot say it will fall because stock are based on people mind. But, from chart itself I can say it will make sixth reversal in 136. Because 136 a beautiful number for GME. So, If LONG, Open=now or never TP= to the moon ~10 million if Short, Open= in the past, 268 (its too late 😂) TP= now or when GME reaches 136. Better now before the crowd make it fly to the moon hahaha.
NYSE:GME
by dumantri
GME Breakout Day 3 - On TargetOBV confirms move upward Next major step in the breakout is 300 and 350 which was the previous high before the death drop to 170. Large amounts of calls are coming ITM is only going to push this stock further up. Get ready for those margin calls that should start happening Friday/Tuesday. PS, if you see news that "shorts" have lost 6 billion dollars or whatever, that doesn't mean they covered, those are paper losses. Its just going to get exponential once the shorts are forced to cover. And we haven't even discussed the NFT.gamestop.com website which if dividends are paid in a brand new crypto then that is game over for short sellers. Good luck and hang in there.
NYSE:GMELong
by testmuffin13
10
196 is next resistance for GME196 was the high in April, so that is near term target. 2 days closing green over 180 after not being able to break it for 3 weeks is very positive. Tomorrow is T-21 from 4/20, that was a big drop day with 4.7 million volume which means up to 2.9 million shares shorted at 62.2% SI that day. Its possible a large portion of those shares need to be covered tomorrow which is probably why GME was attempted to be dropped so hard today. I know were all waiting for the big spike day, me too. I am not sure we will see a big spike day until a big player gives up and covers or is actually margin called. As long as the price continues to increase that margin pressure will continue to mount. Hang in there!
NYSE:GMELong
by testmuffin13
1
Just because I'm early doesn't mean I'm wrong.Just tested the descending downtrend. A full break tomorrow should be confirmed shortly. A rejection would mean a retest at the end of next week. Some other interesting info. There is 4 million shares in way OTM puts expiring next week. These are opened under 30 dollars. These are rumored to allow hedge funds to not have to deliver FTDs right away. In theory these will be unable to be rolled again as some recent DTCC rules have put a stop to this practice. there is another 38 million shares in way OTM puts expiring July 7th, and another 15 or so million expiring Jan 2022. So possible short exposure of at least 60 million, on a stock with a 30 million float. Just some food for thought. Hang in there.
NYSE:GMELong
by testmuffin13
3
GME Gamestop Bullish once again???If you missed my last GME Gamestop post that perfectly touched the target: Then you should know that you can find $315 option calls for GME Gamestop for March 26. Do you think GME still has the fuel for another bull run?? I`m looking forward for your opinion. Meanwhile, if you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NYSE:GMELong
by TopgOptions
42
Clearly upwardLots of talk across the subs and social media etc about a launch, and some interesting discussion about the cup w handle pattern. The CwH may pan out, but there are some loose requirements that this pattern doesn't fulfill. We'll see if that's in the cards. Also, that would translate to something like 700/share or something to that effect if it follows the "normal" run of the CwH. Given the potential this has from the unbelievably painful place the HFs are in, I expect it to go much much higher. Maybe it'll get to the 700 area and retrace a little then go back up? Who knows. In the chart here I saw that there's a very consistent upward trend line showing the way to reasonable expectations for the price action. It may prove more accurate in the long term. I'm long the stock and have no doubt that we'll see some completely bonkers returns, but as far as a timeline I'll leave that to the dreamers. No way of telling for sure. All I know is, at some point, the shorters are gonna have to pay the piper. If they don't it will have devastating repercussions on the American free market, and the world market as a whole. No one will trust the American market for a very long time and the long-term losses will be astronomical. It will effectively tell the world that democracy and free markets are dead. I have trouble believing the government would pass up the opportunity to collect all those tax dollars from all us knuckle-dragging, poo-flinging primates once we drain the HFs, anyway. But, given what complete turncoat, lying mfers they've been we can only hope they'll play by the rules that got us all into this whole thing. Either way, hodl me hearties. Hodl. It's worth my money to make them sweat. NEVER FORGET 2008.
NYSE:GMELong
by Incogniteaux
GME It's difficultHi everyone, Seems we start with a very big bull candle after days off selling pressure. Depending if the bulls can overtake the next resistances and build up support zones we could see higher process, maybe even extreme high prices when the gap is filled. This won't be considered a short squeeze since most short positions are already covered - this is the effect of having a stock being oversold and is now seeking previous price areas. I do remain with the scenario that even if we see high prices this would be followed by a downward pull back back to the fundamental price. Currently price is too artificial, too many traders/investors who "like the stock" without long term vision. Long term: GME could be revived and do a great comeback in the retail sector but this can take a while The GME management has some challenges to overcome - time will tell if they can pull it off as a company! Kind regards, Noel
NYSE:GME
by CryptoHedging
2
GME Potential Dead Cat BounceHi everyone, This idea is a follow-up on the previous one "GME GAME OVER" where we discussed the potential bubble structure phase "return to the normal". If that phase is in development via upcoming bullish engulfing patterns, we might try to close the previous bear gaps and thus rallying to the upside. www.google.com The moment the potential rally would lose any strength via a decrease in volume followed by bearish engulfing patters, or any type of bearish price action,.. we could go over in the "fear" and later on "capitulation" phase. How High can this go? I don't know but a retest of the 90-100 dollar zone with be more or less in line with the VW short squeeze.
NYSE:GME
by CryptoHedging
13
GME GAME OVER...NYSE:GME Most probably Game Over for this run: - bulls are failing to keep and hold key resistances. - Previous bearish gaps couldn't be overtaken and we see bearish engulfing pattern after bearish engulfing pattern appearing. AMC shows the exact same structure. On the 15min we opened 2 demo trades on our live stream and today at 2.20pm we will review them. Nothing more to be said about this stock but we can have 2 scenarios depending on the phase we are in: www.google.com - Return to normal phase: after a very long time of bearish pressure we could see a run up towards 90-100dollars zones or more. - Fear phase: we keep continuing with the bearish trend and then go over in to the capitulation phase. Let me know what you think in the comments!
NYSE:GME
by CryptoHedging
8
DFV SOLD 300 OPTIONS - and you HOLD?If you don't believe me check this: On 26/01 he had 800 options still holding but on 27/01 he has 500. He sold 300 options on the highest point making him and additional 9million. His previous trades before that made him 4 million but this trade above is the worst. WHY? Since he and WBS were telling others to HOLD - why did he then sell? He is now owning millions - more then 13 million. Where are you? Check the different below - 26/01 & 27/01 www.reddit.com
NYSE:GME
by CryptoHedging
30
GME - MACD Cross confirmedHi everyone, Still a bit too early but the MACD cross over happened as what happened with VW squeeze. The darker blue line indicates the potential 200 EMA that still has to form on the GME chart. As we can see on the VW chart: price touched the 200 EMA consolidated before breaking the EMA and then consolidating further. Price dropped from the previous candle close another 38% If a similar thing happens on GME we could see further down trend but from where on will the consolidation channel happen? (orange lines). In my view it's going more to the bearish side because investors only want to pay a fair price not more. 2 Main possibilities ( i like to keep things as general as possible so every scenario can play out) 1. Let's say the candle already closed then we draw a 38% line from that price down and thus having the support area and a resistance area, 200 EMA still has time to catch up with price action -» these are the full orange lines. price could go up and maybe touches the 140 price area. Then we see a further drop and consolidation (purple line). 2. The candle still has to close thus we will see an even lower price before it catches up with the 200 EMA -» these are the other 2 orange lines. Price catches up with the 200 EMA and consolidates before eventually breaking it. Could there other scenarios be possible? Yeah maybe Could price go higher? Yeah maybe since the company has now basically the capital to renew itself and hired new executive board members to revive the company. How high will price go? Very depends on the actual value and performance of the company. If the company performs well then we see more interest in the stock and investors will follow but this will take a long time. By that time I think most that were thinking to get rich quick will drop out. Investing is long term, not short term. NYSE:GME
NYSE:GMEShort
by CryptoHedging
9