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Moass

GME moment of truth -- will the Algo break the trendline??GME algo is in full control, as you can see from the two upward blue channels that follow with a sharp drop. The good news is that the upward orange trendline has held on 3 separate occasions now -- Feb '21, May '22, and Sep '22. This signifies that while the algo remains mostly in control, the lows aren't as low as they could be because DRS diamond hands are holding the line. The moment of truth will come within the next couple weeks, as the algo goes for the "mega drop", similar to what we saw in January when we went from $40 to $20. If we're lucky, we will mimic the movement of April '20 before the sneeze, where the price temporarily dropped below the trendline and back into it, igniting the squeeze in just a few months. So I'd expect a quick drop below the channel to the $15-20 range and back into it shortly thereafter. If this happens, MOASS is most definitely imminent within the next 3 months. However, if it doesn't bounce back into the channel, MOASS would be delayed and a new trend would most likely take shape over the next 6 months or so before we can make any real judgement. At that point, we'd be totally dependent on DRS numbers sucking out liquidity before we saw anything really reminiscent of MOASS.
NYSE:GMELong
by bouncytrades
3
AMC Could hit $14? Naw its AMC DayWe Fell Back below resistance before close, but IDC Tomorrow Who Ever is Holding AMC will receive an APE on the 22nd!!! This Will be Monumental! Even if they don't close? 1. The Buying and Holding Pressure tomorrow will be Extreme!! 2. We will have holders from baby and game piling into AMC 3.For the First Time Ever we could finally expose Synthetic Shares in the Market!!! 4. I would think the 90 million short shares, would at the least have to be covered!!! $33 with Ease Win Win Win Win!!! We are Making History & showing the whole world things can change!!!! See you on the Moon. This is not financial advice Short Interest 95,091,742 shares Short Interest Ratio 1.43 Days to Cover Short Interest % Float 18.45% Off-Exchange Short Volume 17,363,626 shares Off-Exchange Short Volume Ratio 59.90%
NYSE:AMCLong
by FibonacciN
2
History always repeats!Back when I posted the 'accumulation on AMC' I though the fractal between January 2021 and June 2021 was just slanted. This would mean a clockwise rotation of the fractal. basically a skewed version of the fractal. Downward moves would be more extreme and sharp. Upwards move would look more like a consolidation. Consolidation would look like a slight down trend, following the angle at which the fractal is rotated. I was early when I thought August 3rd 2022 was may 26th 2021 on the fractal. It seems to me that today August 5th 2022 was May 13th 2021 on the fractal.
NYSE:AMCLong
by GuiltBeCrowned
8
AMC Squeeze ProjectionNot sure if a 'kite shape' has ever come up in technical analysis but for the sake of meta we can just say diamond. I think we will run sideways until the half point is tested where we will get a breakout to ~100. After that, since it would be at the top of a rising wedge, we would see a slow consolidation to test the extended bottom trend (orange) where we will see a push to another high point where the squeeze should occur (summer 2024). If we breakdown, then its just wrong and I can see 5 being a bottom. I've been holding since Jan 2021 and plan to sell -if it works out- at 100 where I will wait for the end of the consolidation period where I will re-enter and hold for another year for capital gains (woohoo waiting!!) Ultimate sell target: $1,000.00 I know this idea is based off the Short Swap theory present throughout meme stock talk. I believe AMC and GME are the most profitable and I believe the short swap theory is true. When the economy crashes, people will look for anything going up. And when the shorts exit, amc and gme will be that ticket to big gains - the initial cause for the squeeze. The top is impossible to chart.. 1k seems reasonable to me. Good luck
NYSE:AMCLong
by W40kProfit
5
194 by June 24th 2022I've liked this setup for the past couple weeks and have had an approximate initial target of ~170-180. Something happened last week that gave me enough information to calculate a point target for the end of next week. I believe these next 4 trading days will be the beginning of a monster run to 300+. My point target for June 24th is 194.12. If it can hold around that level without giving it all back, my target range by end of 2022 (likely by October 2022) is 333-357. This company has shown it can hang in the sky since its ascension back in 2021. That was all just a preview tho to true MOASS. If she gets to 300 chances are she ain't coming back and will achieve levels us apes cant even count to. Wow. Proud of u gamestop. We Believe in U. Best, Millie Bobby Brown P.S. take my word that the stochastic RSI setup on the weekly is as bullish as it gets.
NYSE:GMELong
by JerryManders
7
hanging upside down like proper apeSo everyone's probably getting frustrated or even nervous about GME price action.. but on my lunch break I was hanging upside down from a tree eating bananana like all apes do for lunch and I looked at my laptop out here in the jungle and noticed something I didn't notice until now which indicates we are about to bottom and finally start leg up to 169ish. I always notice this pattern as a rounding top side up but never catch it as a rounding bottom up side top, you feel me? IDC ~169
NYSE:GMELong
by JerryManders
5
Might be the biggest opportunity we will see in a whileI realize majority of people will read this and laugh.. that's on you if you miss out - I'm just pointing out the possibility and I see it clearly in the math: So this is the most extreme upside case that I see for QQQ near term. I posted a bigger picture for QQQ with what I think are realistic targets in normal conditions. This is a special case that can occur during a very massive squeeze. @quynhpham48975 you have been emphasizing this upcoming event, and tonight I finally saw what you mean clear as day as I came across CAR and remembered then backtested this! This is insane but you are absolutely right. I have played this set up before in CAR back in March, and I'm now recognizing it for so many tech names (see below for example): Below I define setup that I have backtested and am now seeing for a ton of names in the market. I'm not sure if there is already a conventional name for this setup, if so let me know! Otherwise, I'll be referring to it as a "swivel": Rules: - Let x.l be the swing low coming off a major decline, wave x.u is first upside peak following x.l - alpha is the wave down following x.u. Alpha retraces 1.272-1.414 of x.u - beta is the wave up following alpha. Beta extends 0.618-0.786 of alpha - gamma is the final wave down following beta. Gamma retraces 0.618-0.786 of beta - OMEGA is the target after the swivel completes. OMEGA extends 4.618 of gamma, or Sigma = sum of waves x.u-gamma of x.u (when ~4.618 of gamma & ~Sigma of x.u align these almost always hit) *** One more side note that I always see with this setup, notice the stochastic RSI forms an inverse Head and Shoulder during the swivel. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- See you at 353 triple Q. The earliest I see this unfolding (i.e. hitting this insane target, but no cap it's bout to hit) is July 14. Woah. Sincerly, Woah P.S. Here are 10 more names that all have this setup, the levels outside parenthesis are their best case scenario near-term targets (in parenthesis are levels that might be more realistic, but if the extreme levels hit I won't be surprised): SPY 436 (423) TQQQ 45 (39) AAPL 167 (151) BYND 43 (35) ROKU 159 (111) wtf, plz hit MSTR 330 (271) COIN 107 (80)... yeah that means BTC about to lead this, probably that and NVAX approval... and just generally shorts are in trouble if this triggers SQ 103 (85) W 108 (69) HUBS 526 (404) P.S.S. notice that region circled in mid April on the QQQ chart... that right there set this in motion to occur downstream IMHO. It was a massive battle between bulls and bears at the time and bulls lost, but they'll get the last laugh here it seems. I have seen this a lot in names like BHVN preceding a massive squeeze such as the one anticipated here. We bout to see some fireworks.
NASDAQ:QQQLong
by JerryManders
15
fintel's top Gamma Squeeze candidateHere's a name most have probably never heard of that has potential for 285% underlying return. THCA (Tuscan Holdings Corp. II) "intends" to merger, share exchange, asset aquisition, stock purchase, recapitalization, reorganization, etc., with business entities in the cannabis industry . It is likely so heavily shorted because from what I can gather, they have really only stated intent and not demonstrated anything material in the Cannabis sector (if I'm wrong correct me, its such an obscure operation really not much on it). But they are active it seems, the 2 main news headlines I can find recently are: "Surf Air Mobility to go public through $1.42B merger w/ Tuscan Holdings Corp II, accelerating rollout of industry leading hybrid electric aircraft...," and "THCA gets non-compliance notice from Nasdaq" --- which is pretty bad@** right? Take a look at this short data: Short Interest Ratio: 2.26 Days to Cover Short Interest % Float: 54.63% - source: NASDAQ (short interest), Capital IQ (float) Off-Exchange Short Volume: 8,916 shares - source: FINRA (inc. Dark Pool volume) Off-Exchange Short Volume Ratio: 24.26% - source: FINRA (inc. Dark Pool volume) Short % inclease/decrease: +28% Net Call OI % Float: 186.21% There are 2 catalysts I see that could get this going enough to trigger a hefty squeeze: 1. THCA reports progress on the Surf Air merger, OR they simply announce some new merger(s), etc. 2. They get the kickstart (without doing anything) indirectly in this market environment - I think this is a very dangerous market environment for shorts righ now in general. Everyone who doesn't know elliot wave thinks BTC and S&P and going to crash, there is so much FUD going on its actually hilarious (when in reality wave 5 is about to start for BTC and S&P taking them to new ATH by end of 2022/early 2023... when this begins (soon), heavily shorted names like THCA will take off on a spaceX rocket to the moon. BIg players like TSLA, GME, BYND (oh you're in for a treat, the setup and catalyst are in the bag baby) are already threatening its squeeze-time kicking off as early as next week. On my chart I listed 3 targets: - initial target = 11.50 is near-term w/ or w/out a squeeze, just based on the chart and statistics of the price action dynamics - intermediate target = 16.28 is mid-term even without a squeeze unfolding (just using the proportional increase in successive pops and extrapolating accordingly) - minimum squeeze target = 20.20 - and that is conservative, based on the short data if it gets going it could pop to 32-40 (it then becomes a fast sell at those levels) *** This is a high reward/low risk play here because its essentially traded at 10 its whole public history, on average, and I see 10 as support (so risk ~ 38 cents hah) Not financial advice but I'm playing shares and Nov 18 2022 10.00 calls for ~ 1.00 and looking to sell at ~10.00 when it hits 20.20. Clear Vision, cloudy eyes. Regards, Billy Walters Jr.
TLong
by JerryManders
AMC fractal cycle (5 parts)Most of us who looked into the executive order catalyst will understand why we saw the push down after june 3rd, and more-so why we are where we are today. Here, I show my idea for the fractal cycle. Before a cycle begins, there is usually a selloff, however, that can be debated as the full year leading up to the jan squeeze can be technically defined as a 'sudden spawned start', if you get what I'm saying (though there is an entry by sell off). If you look at the 1hr chart, and go back to 2020, you can find small renditions of the pattern we see if we zoom out (say on the weekly). I will post a link to that example. So, my idea is that when executive order 14032 got signed on June 3rd, 2021, the cycle was halted, and purple was put on hold. Now, we have been traversing green. The cycle is not complete until purple is finished and white enters play. It goes: 1) red - accumulation 2) yellow - accumulation 3) green - accumulation 4) purple - distribution 5) white - sell off restart. In essence, it is very simple to know when a new cycle begins. As soon as the high of one section is surpassed, the new cycle begins. So for 2020, the high was 7.56. As soon as we ran past that, macro yellow 2021 began. The high for yellow 2021 was 20.36 (not including ah/pm). As soon as we ran past that.. you get the point. So purple will start as soon as we run past 72.62. So a question that should concern you is, 'well it could hit 73 and just sell off?' Yes, that is logically valid. It is up to you how you traverse that new cycle. Look at my plot maps (only 2) and see how you might consider purple representing higher than just 73. But of course.. this is not financial advice. So things to look for for 2nd & 3rd week of june: need a triple bottom around 9.70 (if it breaks 9.70 then we are still in a sell off period - short term) If we get the triple bottom then it would signal a buy. August 2nd is next catalyst with regards to executive order. The real question is (addressing any firms tied up in this) to be or not to be first. God speed
NYSE:AMC
by W40kProfit