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MEME

RDBX Redbox Entertainment the next GME GameStop ??I see the recent rally of RDBX, which is a self-service rent or purchase new-release DVDs and Blu-ray Discs, as a return to the meme stocks. RDBX went from $2 to $11 in just 10 days. If we consider only the technicals, then the stock should reverse from the Fibonacci 0.618 level, which is $6.36 to $12.70. I`m not in this trade though, the valuation is too high for me, 300Mil. GME was way cheaper when the short squeeze started. Looking forward to read your opinion about RDBX.
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by TopgOptions
2
AXS : When high chance for a breakout?AXS is depending on most of the study trading skills and signals on important trends for a breakout. Since the last updates - AXS looks still not to make the expecting move The BTC markets support most of the time the low coins, but the % price difference depends on the coin itself. For AXS - it's important to hit at last the 47-48 USD to get the expecting breakout between 53-69 trend. between 12% and 46% is the model counting possibility. Before that target AXS are into accumulation fase wich could change with time range. The levels will stay still the same the 53-55 target and the 69 Target. The above models are the expecting frames, which means there is no guarantee it will happen 100% It's important to study all-time you trades well before entering any market. It's always important to check the markets on all sides - markets can change all time.
Long
by Goldenbreakout
$AMC had a short lived Bullish run. What is next?NYSE:AMC Chart - Daily EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA. TTM squeeze: All momentum is puff, gone. Squeezing downwards :( Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77). Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad! Pattern: Falling Wedge or should I say Bearish Price Channel Continuation. News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War. History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.
NYSE:AMCLong
by STAKKNATION
DOGE - Looks to enter a cycle trend with breakout trend.Hello trading friends, Know before you start reading this view that meme coins are very risky for this reason to make sure that risk management is high. The dogecoin - known from the Elon musk time - and this coin still have the possibility to show some trends. The reason for this update is as this coin shows to enter a new green cycle trend depending on TA. What means this? That there is a high chance that we could see a doge breakout coming time - but know that same time there is no guarantee into crypto markets, all depending on data. The great target would be 0,20 with a long-term frame - but with unexpected doge breakouts, it could be faster. Dogecoin is a coin that is known from historical trends - that it can break out with no support of BTC - it can go against BTC price. most breakouts are unexpected or after Elon trends. Data shows there is a ON trend for the green cycle trend - why this and how it will affect doge coming time, we need to see it coming time or it will get a breakout, we should wait the time frame to see. If TA is right - then it will confirm this later out . Have a good time. This is not a trading call - Trade always only depends on your setups.
Long
by watchtrend
1
Gamestop weekly chart bullish or bearishLooking at Gamestop (GME) on the weekly charts I wanted to see where it is going in the long and short-term. On the left side we see the massive rally in early 2021 hitting the all time high of $483 and pulling back to around $320. Then in March and June we see to breakouts but failed attempts to take out new all time highs. You see the long upper wicks pulling back and holding support at $150 To the last couple weeks we also see the long upper wick and resistance at $200. The volume has also increased the last 2 weeks. Price currently is overextended from the moving average so combined with the resistance and the bearish upper wick it does lean more to the bear side but $150 support needs to hold. Although GME has gone on a bit of a breakout of late this weekly chart is leaning to more downside. Three things I will be watching for are, one if the volume keeps increasing that is a great sign, two if $150 support holds and lastly I would need to see GME back above the strong $200 resistance for me to be confident in this for long term holds. For now I will play it short-term long and short.
NYSE:GME
by Dancharles
Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha. ************** Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it? To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on... Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed. Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild! Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon! Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down. Wherever the price goes from there idk yet! So we wait :) ************* Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right. Not financial advice as always. Please feel free to donate some BTC or ETH as always. BTC Address: 1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc ETH Address: (ERC 20) 0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
NYSE:GME
by jcjurevis
3
Long The High Risk Psilocybin Mushroom Therapy Secular Bull RunNot looking for an immediate turn around because Macro-Market conditions and retail risk tolerance is severely negative right now. However, this sector has huge potential to be a bullish meme in years ahead. Think of getting into Pot Stocks 2.0 before the moon pumps In 2018–19, the United States Food and Drug Administration (FDA) granted breakthrough therapy designation to facilitate further research for psilocybin in the possible treatment of depressive disorders. As of 2020, research on the use of psilocybin indicated it caused hallucinations with inability to establish reality from fantasy, panic reactions, and possible psychoses at high doses. In November 2020, the U.S. state of Oregon legalized psilocybin for people age 21 and older, and decriminalized possession or use of psilocybin mushrooms for medical conditions, such as depression, anxiety, or PTSD.
FLong
by noam_chom
2