$GME - FTD Reset Cycle UpdateHi all,
None of this is financial advice. I'm not a financial advisor.
Looks like my last prediction based on GME's FTD reset Cycles was correct give or take 1 day (I called May 14, but we actually saw the movements on May 13). Because of this, i'm taking a second stab at calling the next FTD reset cycle/s.
I've highlighted the previous cycles, how they've supposedly ocurred and their results. I've also added the future reset Cycles and what to possibly expect before and after they occur.
Keep in mind that the GME wedge ends somewhere around the 5'th of June, so i've flagged all FTD reset events around that area for your viewing.
1) Keep in mind that the FTD reset cycles don't equal squeeze territory. At this point in time they indicate periods of "interesting" price movement.
2) There was interestingly high amounts of shorting that is extremely visible (to me at least) for this last T+35 period (Pink Colour) which to me indicates desperation by the shorts to bring this down and/or them knowing we're near the end so they're rattling the cage they're locked in trying to get out... I don't know for sure, but that's what the pink colored parts of the chart are telling me. It's the first time they didn't reset FTDs before T+21 but instead re-shorted more with the intent of resetting at T+35. If that drastic change of tactics doesn't indicate desperation, i don't know what does.
3) I've drawn with Red/Green lines that indicate the possible directionality before/after the FTD reset cycles. These are quite guestimated and it's my first time trying to guestimate the direction before/after an FTD reset based on past directional changes, so don't take this data seriously. It's more of a first test for myself to see the accuracy of my current guestimations. I'll be improving the accuracy of these guestimations/data extrapolations as time progresses. To be honest, i don't think this will drag on so long that i'll have time to gather more data to extrapolate more accurate direction movement during/before/after FTD resets, but ok... whatever, you never know.
4) A large enough runaway price move that cannot be controlled by the shorts is all it will take to get this train going. We don't know when, how and what will cause this. All we need to do is hold and wait.
5) Possible catalysts still include:
Ryan Cohen exercising his right to buy +7 million more shares. He can likely exercise this after the shareholder meeting.
Overvoting (More votes than share float).
CUSIP change? (Unconfirmed, my own theory)
Share recall (Unconfirmed, my own theory)
Share Split (Possible, but unlikely to happen due to financial requirements)
Dividend (Possible, but unlikely due to financial requirements)
Joining a new Index like the Russel 1000 or others (Unconfirmed, my own theory)
Shorts capitulating (Possible, but will take patience and holding as the shorts are bled dry)
Right now there's nothing else to do with GME other than to buy and hold.
None of this is financial advice. I'm not a financial advisor. I'm just a guy from a village that's owned GME since January for his entire life's worth & more who's done endless due diligence to be sure his investment will pay off.
$GME - They are now shorting while resetting FTDsHi ya'll,
I'm not a financial advisor and this is not financial advice.
I believe i've refined the T+21 and T+35 FTD reset cycle down much better and i'm able to give you a better visualization of WHAT I THINK is happening. Obviously i can't prove any of this. Obviously i don't have access to Citadel's or Bill's Family office to check their positions, so yeah, i have no proof.
That having been said, i thought of starting to count the T+21 and T+35 cycles that Market Makers are allowed to leave an FTD in limbo until they decide to properly deliver and close it or reset it (e.g kick the can down the road) by borrowing shares from their buddies or buying deep ITM options.
In February - March
I'm see that 2 days before T+21, there's movement. Usually it's up by quite a bit.
I'm also seeing that between 6-10 days later just before T+35 hits, the price goes up again 1 more time.
I suspect that some family offices (not Citadel) were covering here.
In March - May
I'm see that 2 days before T+21, there's movement. Usually the movement is DOWN, so it's a dip.
I'm also seeing that between 6-10 days later just before T+35 hits, the price used to go up by a bit, but now on average it remains constant and doesn't move up or down by a significant amount.
What are they doing?
Based on what i see on this chart, i believe that in the T+21 period that happened yesterday 3 of May, they also shorted GME. We know this by the data from fintel, gme.crazyawesomecompany and other borrow info sites. Today they returned those borrowable shares which indicates they were done with their current T+21 shorting. I believe that on T+21 there's bullish momentum from minor covering (because they can't fully cover at these prices) and they suppress the price by borrowing and shorting GME. With this theory and their borrowing habits, everything makes sense suddenly.
Additionally, right before T+35 (around T+25-30) they tend to do another minor round of tiny tiny covering which they also try to suppress but can't fully do so due to them having used all the borrowable shares they previously spent 1-2 weeks accumulating to short the T+21 cycle down. This is why right before every T+35 the price returns back to the price it was before they shorted T+21.
I've marked with a flag every impotant moment in time where there was GME momentum up or down. I also marked the points in the future that will have moment up or down.
Important dates: May 14, May 24 and June 3.
Incidentally, their last T+35 cycle ends exactly on June 7. On June 9 it's the shareholders meeting for GME. Nice timing. They want to milk this cow as much as they can till then.
The horrible mistake they're going to make from today onwards is that IF THEY SHORT GME AGAIN TODAY ONWARDS... well the T+21 and T+35 for those shorts may fall within a possibly bullish period for GME because 9'th of June is Shareholders Meeting and earnings. You don't want to be caught doing minor covering/shorting within a bullish period especially for GME. If your covering creates even a bit of bullish moment, a tinkle of fomo from retail can ignite a rocket they never expected to go off. I believe they are greedy and stupid, so they will continue shorting even after today.
I personally "want to" believe that May the 14'th is the day, simply because this day coincides 100% PERFECTLY with January 28'ths Mega Mega Mega huge amount of FTDs that were supposedly not closed, but only reset. How does it coincide with the 28'th of January? Well, From January 28 to May 14, the T+35 rule perfectly fits 3 times. Also on this date, we're 2 days before T+21 for the previous shorting period and if you've been reading, that means GME will move down or up due to minor covering or will go down because they'll short more. So it's a double whammy. It's BOTH the next T+35 period where all of the accumulated FTD's from January are going to be reset and some are bound to leak through while they might use Deep ITM calls to reset them, on the same day, they'll have the option to also cover the past T+21 shorts of approximately 750k-3mil shares.
Don't get hung up on dates. Be responsible. Temper your expectations. Be wary of the date yes, but don't overhype them. No one can read the future. This is an educated guess based on the past and i'd like to believe it's accurate. Look forward to the date, but don't create a hype bandwagon otherwise when nothing happens on the 14'th of May, you'll be disappointed and cry in a corner in fetal position because you overhyped this DD.
$GME - T+21 is tomorrowIt's obvious at this point that a Market Maker is short GME. The periods at which GME moons are T+21 and T+35. Only bonafide Market Makers are allowed to locate shares all the way up to T+21 and T+35.
Today was T+20, tomorrow is T+21, the last day they have to either cover their shorts or continue for another +35 day period and fake cover by resetting their FTDs till the next period.
Kudos to u/dejf2 on Reddit's SuperStonk Sub for perfectly finding the FTD reset period in his thread here. I am just expanding on the information he provided now that he's provided an extremely accurate FTD reset timeline.
www.reddit.com
According to Regsho, they have either by pre-market tomorrow or pre-market of the day after to reset, otherwise they won't be able to short anything at all until they've covered (or fake covered by resetting the FTDs again).
tldr: Tomorrow we're either mooning or there will be shenanigans. Let's see if they still have money to run this sham or not.
$GME - What's next?Hi y'all,
Disclaimer: I'm not a financial advisor and this is not financial advice.
GME finally broke out of the symmetric wedge. If you don't like technical analysis for GME, stop reading now.
After the Bullish Wedge:
You'll notice that there's an upwards channel that's formed with GME and we may or may be not be trading inside it. I wouldn't recommend trying to day trade this pattern because it might not be a pattern/channel at all.
You'll also notice that despite looks, we've actually bounced off some resistance at ~$187 ish. We'll need to break that consistently for at least 1 day to consider that we've truly broken this resistance.
Additionally, if we go significantly aboe $187, there's additional super strong resistance at ~$247. If this were to be broken, then start dreaming because we might see crazy stuff happening like crazy Citadelic pressure downwards or unknown upwards pressure.
The Moass:
1) May 7 - May 28 there is extremely minimal open interest on GME options. This could indicate a pressure free period for GME where a MOASS could occur. It might also not. This period is an anomaly. Not only is there an almost inexistent amount of Options Activity, there's also very restricted strikes at $390 max instead of $800 or $950 calls and $5 to $10 for puts minimum instead of the previous $0.50 and $1 dollar put strikes.
So yeah it's a special weird period and could be interesting. Don't get your hopes up. Expect nothing.
2) June 9 and June 28. On June 9 we learn who we voted in on GME's board. On June 28'th we also find out if GME does indeed join the Russel 1000 or not. It's an ETF several times larger than the Russel 2000 that GME is currently part of. It joining it is the equivalent of TSLA joining the S&P500 last year.
Not my problem if you don't like dates. These dates are backed by facts, it's best to have them in mind but nothing more. Manage your own expectations.
Other Info:
GME is paying off their remaining senior debt notes due for 2023. They are paying them off on the 30'th of April. This will allow them to pay dividends or do stock splits and other things.
Keep in mind this time last year, GME's Market Cap was $612 mln. Today they just raised $550 ish million by just issues only 3.5 million shares lmao. (The total float was 70.1 million).
Currently float is 73.6 million. Of that, only 26-30 million "are" publicly tradeable and with the amount of people trading GME, we can be sure we've bought all of the float multiple times over.
Any remaining shorts or hidden shorts in the Failures to Deliver are not going to like what's happening. It's very likely that they will get their heads bitten off and still come back for more.
HIGHER FOOD PRICES!Coffee is one of the most consumed and traded commodities on earth, and it's price is about to explode!
FUNDAMENTALS:
-Despite quadrillions of currency units (DEMAND) created over the past 50 years, coffee prices are only slightly higher...this is because of the massive amount of coffee production around the world (SUPPLY) keeping a ceiling on prices. Debased fiat currencies (DEMAND) will prevent any significantly lower prices and make higher prices inevitable.
-Currency creation however is being ramped up to unprecedented levels (DEMAND) and increased government intervention around the world will hinder continued global production (SUPPLY).
-Weakness in the dollar relative to the currencies of coffee-producing nations (DEMAND) will bid up prices.
-Rising energy prices will increase costs (SUPPLY), pushing prices higher.
-A period of record cold temperatures linked to the Grand Solar Minimum will lead to slowing and potentially shrinking production (SUPPLY)
TECHNICALS:
-The 10$ price range of 115-125$ per contract with the most volume has been successfully absorbed.
-A massive amount of volume was traded at 50-75% lower prices from the 2011 peak, at the lowest levels in over a decade.
-A price-volume divergence has occurred, as during the correction from the 2011 peak volume continually increased.
-The corrective descending wedge from the 2011 peak has been broken and retested by bullish reversal candlestick patterns.
-Volatility has continually decreased for over two decades as prices have remained subdued, therefore an inevitable increase in volatility will likely occur during/after a significant increase in prices.
next short squeeze ASO according to redditThe numbers back it up. pile in. Shorts have yet to cover and may have increased their short position more since 3/15/21. I have $35 strike calls 4/16 expiry. It's like a southern dicks sporting goods that have the majority of its locations concentrated in states that don't have mask mandates.
GME was 146% short, this is 216% short. SOS! Another Reddit target is looking extremely ripe. Whatever short-sellers are crowded in there did not do their DD or realize how crowded it was. Whispers are that they have the 3rd batch of crypto mining rigs going online on April 14th.
seekingalpha.com
www.reddit.com
twitter.com
Another 100% increase for the GameStop Stock?Hello everyone, while i was going though my previous analysis, i've made a very interesting discovery on the GMEUSD Chart.
We are looking at the previous month on the 15m chart with a momentum indicator (MACD), Moving Averages (50 & 100), Volume and the relative strength index (RSI). Every price tends to move in patterns, even if the market behaves irrationally (like in this case).
We see heavy spikes and high volatility in between the trading session - nontheless we can see an uptrend playing out.
Please keep in mind that this stock was worth ~$5 during 2020. The current price level is supported by media coverage, reddit and many other "retail investor" plattforms.
From a technical point of view, the price is currently moving above the Moving Averages with a Golden Cross playing out. The last time we saw this scenario was one month ago. Please have a look at the similiarities in the price action.
Buyers and sellers are pushing the price within a symmetrical triangle (lower highs, higher lows). The accumulation previously took an end at the end of the month and on a friday.
We finally saw the price breaking out of this patterns on a monday, with the price opening ~$15 above the closing price on friday.
That's where buyers join the market and the volume is increasing. We saw the price peaking at ~$350, followed by the sideways movement we are currently in.
While the price is moving below the resistance, we can see another accumulation happening with exactly the same patterns as in march.
According to my trading idea, we will see an open price above the ~$190 level at the beginning of the upcoming trading week.
I will definitely have an eye on this.
Please let me know what you think about this idea and feel free to check out my previous GME analysis below
Gamestop, is a New rally coming?Gamestop has been at the center of attention for months now.
The company that seemed on the verge of bankruptcy has recovered strongly, with prices going from $15 to $400 in just a few months.
Now we are only at $180, but is the stock still interesting?
The company that, as you probably know, sells videogames is rapidly digitalizing, starting a transition that involves closing many brick and mortar retail stores, to focus on online sales.
Even if the videogames physical sector is in a crisis, with consumers who are now downloading videogames from the internet, we remember that the demand for consoles is on the rise and sets new records every month.
Let’s keep in mind that Gamestop is the leader in console sales.
Current prices are a bit high to buy right now, but there may soon be an opportunity at a certain price level.
I'll trade GME, as usual, with my platform which allows my operate with a 10% initial margin. This means that if i want to buy $10.000 worth of GME shares i can do it investing only $1.000.
For more information on how to follow me, click on the links below.
AMC to the Moooon. Apes stonk together!For the first time in history, the average Joe can make a real fist against the financial system. In 2008 there where a lot of financial companies who were bailed out and lots of average Joe's had to pay the bill. The wound is still open, the debts were real, the houses they had to left, were real, the cars they had to live in, were real. Their PAIN is REAL.
It's never bin more obvious as it is right now, you can feel it, the time for revenge is NOW. They are united in achieving their goal.
This is not only for the possible gains, it is about showing the world the financial system is corrupt and our governments have to do something about it.
Trading via Dark Pools was created to protect the market, now it's mostly used to move the price in the direction they want.
Shorting a company was created to get too much air out of the price of a stock, now it is used to demolish companies only for their gains.
It's time the wealth get more equally distributed over the people.
No financial advise, but I love this movement and this stonk.
Diamond Handed Apes stay strong!
$GME - Support TimeAnd again the shorter whale has used 1 million XRT shares and 100k to dump on GME longs. Doesn't matter.
Trend:
-Check out the trendlines and see the obvious support at the red line.
-Check the resistance at the top blue line.
Where are we going next? That's right, $350 is the new bottom, ~$600 could be the new range.
New Range:
Going into the new $350-600 range has implications of it's own though, this is the area the hedgies will feel the most pain. We've seen this from their attempt to unpin the price from $350 last week (close to getting margin called) and their further attempt this week with the attack today on the 15'th to further unpin the price from $260.
The first unpinning must have been a 100% attack. The second unpinning may have been a friendly whale (or not) putting us in the oversold RSI area and giving reddit apes their much wanted juicy dip (Not that they'd need a dip to buy GME) especially with their stimmy check arriving in 2 days. It's estimated that ~3 billion worth of stimulus money will be going into GME and you can bet the other side of the trade is doing their damn best in both legal and illegal ways to make people think that their stimulus has no effect.
HODL
Don't be fooled by cheap HF tactics. If you're buying GME, you're not buying a normal stock. Adding a stop loss is a guaranteed way to get burned with the wild "volatility" swings (really just HF doing very illegal stuff because retail doesn't just all dump 10 mil shares on the exact same 1 minute on the 10'th of March)
GME will swing wildly up and down. Don't buy it if you expect only ups and can't handle 50% loss or can't buy the dips. Don't try and swing trade GME, you'll get burned. If you're ready to make big bucks with GME, the only strat is to buy, hold and buy the dips.
Get ready to be shaken by the insane HF tactics, Fear Uncertainty and Doubt (FUD) being spready by all media like Yahoo Finance, Barrons, Market Watch, CNBC, E-Toro Social and tons of other places. Don't ingest media regarding GME from normal news outlets as they're all blatantly lying and misreporting on the truth.
I suggest visiting: www.reddit.com
This is where real research is being done.
[STOCKS] The Technicals Behind GameStop (GME) #3Hello everyone, this is an update of my previous trading plans for GameStop. I discovered this stock back in November 2020 with the help of r/wallstreetbets. I've tried to apply the technicals almost at every point, even though this market acts insanely irrational.
It's very important, especially for beginner traders, to enter a trade at the lowest point possible and not during a pump.
You won't have a trading plan and you won't know where to take profit. So you will end up holding bags.
Luckily, the price of the GameStop stock made a return with an inital movement. I've entered another trade with a buy-in at $42 with a take-profit order at $150 (and another one at $420,69). We had a great risk/reward ratio here, but this one wasn't easy to spot.
I personally did not expect the price to move past the $200 mark but it did. This is a good sign for those who like the risk.
We can see that the price is moving towards previous highs, where sellers appear on the market. Most of them try to sell their bags to break even or they take profit in an obvious risky trade.
I personally don't trade this stock anymore. There are many more other opportunities in the market.
Please always consider to got to a casino an take the 50/50 - red/black chance. You might be more successful :-)
cheers,
Ares
AMCI won’t bore y’all with the fundamentals that are the foundation of my bullish case, but, as you know, I’ve been cheering these social media stocks on. I have multiple positions in AMC. I added more at the predictable dip at 11am today.
My question to y’all. What do we close at today? My personal opinion is that it is going to be a very exciting PH (power hour).
My guess. 14$ eod :).
-for the sake of all my contracts expiring Friday. No worries. I got plenty o’ shares.
$GME - Ramblings of a madman 3000% - 6000% gainsNot financial advice.
I'm all in for 300k on GME at a not great but not terrible price in the triple digits.
According to my calculations (i made none), the floor for GME is 3000% from the current $200 price and a max could be beyond %6000 realistic targets. That's just my opinion though based on nothing other than me trying to find chart patterns based on nothing other than retarded technical analysis. Would be fun if i was right though.
Also we should be touching those prices within the next 30 days unless a split is announced which will take +2-3 months to happen. Hoping we get a mega dividend to force the shorts to cover.