Moass
WC: 26.40 Target: 1800-2400 MOASS: 47k-100K: Prepare YourselfWhat a WILD ride the markets have been on since Nov 2024 but more specifically the last couple weeks
All things considered GME has held up EXCEPTIONALLY well in what is an extremely uncertain and murky trading environment
So what now?
Now is the time to PREPARE and be sure you have a tight trading plan for what is most likely coming next: MOASS
I highly advise you revisit the below videos:
(listen to the piece on PROPER TRADING EXPECTATIONS)
P.S. Looking for THE CAT to make an appearance next weekend
GOOD TRADING TO YOU ALL!
WC: 23.49 Target: 1800-2400 MOASS: 47k-100K: IT BEGINS As the title implies I do think that what we will look back and call "MOASS" has begun..from a technical and market mechanics standpoint...
Technicals:
22 Level
Ive been consistent for weeks now in saying that 22 is essentially the floor.. and price has been absolutely respecting that general level
Temporary dips below dont invalidate as in my general view of TA it takes SUSTAINED lower movement (i.e. lower highs and lows) to truly invalidate a key structural level
Elliott Wave Count
From an Elliott Wave count perspective, price holding the general 22 level is a very good thing as that shows price is respecting the 05/24/24 and 08/05/24 lows which I am counting as the completion of important lower degree Wave 2's that I am tracking as part of the main macro count
SPX Synergy and Deviation
I ranted for weeks about the importance of Synergy between SPX and GME...WHEN IT MATTERS
I consistently said that there is no such thing as permanent negative/positive BETA..and that POSITIVE Beta is needed and will help FUEL the MOASS ENGINE..and eventually price would deviate and that GME WOULD BOTTOM FIRST...and thats EXACTLY what we have seen as of now.
SPX should be imminently close to bottoming as well and the subsequent runup we see over the next couple of months is what will provide major FEUL from a sentiment perspective to our MOASS ROCKET
MARKET MECHANICS
Convertible Bond Holders NEED price above 29.85 to realize profit
The shorts they put on that brought price down are to HEDGE their position (aka stay Delta Neutral) until that happens
They will ultimately close some or all of those shorts as price nears 29.85..but do be aware they will add shorts back on along the way as price retraces to hedge against any significant moves lower which will greatly increase VOLATILITY..and thats where the Arb Traders come in
The Arbitrage traders have been feasting on market volatility in the meantime..and they will continue to feast on any significant volatility swings
Margin Calls and Shorts Covering
Margin pressure is INTENSE right now across the market and Hedge Funds are feeling the pain BIG TIME...that means Legacy Shorts are too
I said a few weeks ago that the market in general was starting to see Shorts bail on positions and you can expect that to intensify as GME rises
www.dailymail.co.uk
www.reddit.com
www.bloomberg.com
Settlement Cycle Indicator
Tweaked the "blue lines" and modified it so that each settlement cycle has its own distinct color
Remember all of the lines are PROJECTIONS which means they are drawn BEFORE price even gets there
With that in mind notice how well they correspond with major changes in the price structure
Its not a crystal ball per se' but its pretty darn good as far as Im concerned (notice how it NAILED the April runup from last year- wish I had it back then smh)
As a reminder my final VIDEO updates will be on:
04/19
05/03
05/17
06/07
GOOD TRADING TO YOU ALL!!!
WC: 21.73 Target: 1800-2400 MOASS: 47k-100K: MOASS PLAYBOOK***I will be releasing a video either tomorrow or Monday. Had to have an emergency procedure on my mouth and am unable to speak clearly at the moment***
Convertible Bonds:
Immediately after the news was released I posted that the interest-free Bonds were a good thing as they were not immediately dilutive because Buyers need price to rise in order to see profit. The Bonds were ultimately priced at approx 29.85.
Why did the price decline so sharply?
In the words of Larry Cheng..Hedge Funds Gonna Hedge or in words Hedges would use: Convertible Bond Arbitrage. Simply said "Arbitrage" plays try to exploit mispricing between two or more correlated assets. In this case...GME Stock price vs The price of the Bonds.
To hedge against the risk of the Bonds not appreciating in value (remember they don't pay interest so they NEED the stock price above 29.85 to see profit) they enter an equivalent SHORT position to essentially make themselves Delta Neutral to any unfavorable moves in the stock price (aka they dont want to be exposed if price never makes it above 29.85 or sees sharp declines at a future date).
The mispricing piece of this comes from volatility and options values and would materialize as the price of the shorts converge with the price of the Bonds (the more volatility the more the potential mispricing and profit potential)
WHAT HAPPENS IF PRICE SQUEEZES THEN?
ALL short sellers are future buyers so they would most likely cover to possibly close the shorts, which on top of what THE CAT is doing could cause MOASS to be even GREATER IN MAGNITUDE...yeah this was a CHECKMATE of a move by Ryan Cohen and the board people.
MOASS PLAYBOOK:
I have been saying for months that I'm fairly certain I have figured out the exact timing of The Cats play. Without saying more than I'm comfortable saying its built around settlement cycles.
Everything I learned I learned from his tweets...literally EVERYTHING is there
And the kicker to all of this is that it works on more than just GME...as he has shown.
What you see on the chart is EXACTLY how MOASS will transpire based on what I've learned.
Could I be wrong? Of Course. You are responsible for your own trading so I would advise you to assume I am and TRADE WHAT YOU SEE...NOT WHAT YOU HOPE FOR
So I have now given you the EXACT timing as I have it laid out on my personal charts AND potential targets for a TOP
This will either be one of the greatest calls of all time or one of the greatest cases of SHEER DELUSION..I'm responsible for my own trading so I'm fine with either outcome
Good trading to you all!
I am Heartbeat Trading..Activist Short Squeezer
MOASS: WC: 27.00 Target: 1800-2400 MOASS: 47k-100KTime Stamps:
Intro & Uncertainty in Markets: 0-4
Current Price Structure: 4-16
Next Expected Moves: 16-30
Settlement Projection: 30-42
BTW- totally forgot to mention The Cats/RC's tweets
Havent seen a tweet from The Cat but I wouldnt be surprised if we got one before Tuesday
Additional Future Prediction: They will both tweet again between March 10th and Earnings
MOASS: 06/09 -07/09
MOASS: WC: 26.90 Target: 1800-2400 MOASS: 47k-100KTime stamps:
Intro: 0-1
Near term expectations: 1-4
The Cat & RC Tweets: 4-9
Feb 3rd Green Line & Expectations: 9-11
Proper Trading Expectations: 11-27 (most will skip this but I will know if you did by the questions you ask me lol)
What's Next: 27-39
Future Tweets from The Cat & RC: 39-43
Next up from Heartbeat Trading: 43-26
:) 46-End
Break above 8 month resistanceThis Green trend line has been AMC's resistance since the May run-up of last year.
Right now, the price action is bouncing between it and the Red support line.
With the 4th anniversary of the first sneeze coming up, the BOJ rumored to increase interest rates to the highest level in 17 years on Friday morning, and the first FOMC meeting of the year and new Presidency being next Wednesday, I think the perfect storm is brewing for hedge funds to have to close their short positions.
If we close the week above 3.50/above the green resistance line, I am expecting volatility to the upside.
Also important to remember that at 5.66, AMC can clear $400M worth of debt, which would bring the company closer to $3.5B.
Compared to the high of $5.88B in debt it had at the end of September 2020, that is great progress.
Let's see what happens in the next couple days/week.
MOASS: WC: 27.51 Target: 1800-2400 MOASS: 47k-100KGeneral Timestamps
Intro/Flag Emoji: 1-6
RK Next Tweet: 6-8
What we saw this week: 8-15
Whats coming next: 15-17, 30-31
Tracking MOASS: 17-43, Green Vertical Lines 38-42
Top Targets, Market Cap, Fundamentals & Talking Heads: 43-49
Have a trade plan: 49-55
Indicators: 49-60
KEY DATES:
01/21
02/03
02/20
03/10
04/21
04/28
05/30
06/09 (MOASS)
06/23
07/09
LPA: Rocket Riding Into AprilLPA has been on my radar for months
When I saw it squeeze earlier in the year I knew that it was potentially a precursor to a much bigger move later
Well later has turned into now
I love GME but when it comes to trading i'm polyamorous :)
Oh and the green box is defining EXACTLY when this should run and how high it potentially might go
And as you see I put my money where my mouth is
Lets go!
MOASS: WC: 31.65 Target: 1800-2400 MOASS: 47k-100KTLDR
SYNERGY SYNERGY SYNERGY
SPX will continue its rise and temporarily top between 6050-6099
That will coincide with GME's rise to 35-40
SPX will then decline to 5600ish
That will coincide with GME's decline to the BOOM region near the Oct 23rd VWAP
SPX will then start a parabolic like climb to 6300-6400 area
That will coincide with MOASS
MOASS: WC: 32.20 Target: 1800-2400 MOASS: 47k-100KTLDR:
35-40 Region is next
Significant retracement will follow that will take us back down to 28-30ish
VWAPS and VPOCs will ultimately provide support
100% move coming in Jan
Emoji timeline is legit IMHO
The Cat is signaling to Inauguration and End of April
FIb TIme Axis agrees with suspected emoji timeline
Swaps are a big component of the short play
Swaps will AGAIN be used to resolve MOASS and this will play out AGAIN in 3-4 years
MOASS: WC: 29.82 Target: 1800-2400 MOASS: 47k-100KTLDR:
Santa Baby!
Price is going to rally starting next week
Wave 5 of a larger degree wave 1 will complete by year end/1st week in Jan
Retracement will be last chance to get price at these levels
Price is fractal and is rhyming in structure
Happy Holidays!
MOASS: WC: 27.99 Target: 1800-2400 MOASS: 47k-100KTLDR:
BOOM!!!
Volume Point of Control (VPOC) is critical to watch as well
VPOC tracks the major waves in the wave cycle and will sit between major waves
VPOC and where it sits in relation to price, like VWAP, helps us track the progression of waves
Next move will take us to the 35-40 region
Price will then retrace back to the 28 region which is where we will see an EXPLOSION IN PRICE
That move back to 28 will be your last time, maybe ever, to get GME at anything near these levels
The next move after the retracement to 28 takes us to 70
After 70 comes CHEERS EVERYBODY!!!