$GME - First signs of something possibly happeningHi guys,
My data didn't show the last couple of large spikes making me think they were completely related to DFV's forced MM share buying to hedge which is why i didn't post anything.
Now i'm finally seeing small signs of something possibly happening. Nothing concrete yet, still the begginings of what might be something.
My algo printed a buy for GME and it's the one that kinda predicted big pump to $75, also other data partially confirms this is not a false positive print.
I plan to open a small position at some point just in case. Won't be sharing the position here as GME is an important trade and i don't want my trade to be affected by various factors caused by me sharing my position.
imgur.com
My data shows a spike in the blue line data which is significant. It it continues rising, then we'll see a price pump eventually. That's all i can say for now.
Ryancohen
GME Trying to find its way home...Ryan Cohen has announced with his massive balls on his sleeve that GME will be seeking approval of a stock dividend along with a split. This is extremely bullish news along with the bullish price action we have been seeing the past couple of weeks. GME looks to be heading back up the upper trendline around 240$ area at the moment with momentum continuing up, If anyone is shaky about staying in this play then it isn't for you. This is a long term swing/squeeze play imo, Looks like its doing the same thing AMC did last year in the summer breakout of 70$, (breakdown out of the bull flag, then proceeding to scrap its way back up into the upper trend before finally taking flight. We shall see what it does but i am personally adding and holding the positions I have. Good luck guys.
ALL UPTRENDS + BULL PENDANTAny DD at this point would be a waste of time as you all mostly know by now the stock is being manipulated heavily by naked shorts. That being said were just looking at the chart for a time and price estimate. As you can see most of the uptrends are all looking in the same direction. Theyre all looking at around the $500 + price mark at around the end of October or beginning of December. To me this seems reasonable. It may correlate well with banks needing 1 trillion by the first of October. To me the worst case scenarios is it dipping slightly before launching. As always, I do this for fun and make a pretty decent living out of it but I am not an advisor. I DO NOT TRADE this stock, I ONLY BUY AND HODL. Most of the stock market is risky for me at the moment and I feel GME is a safe haven for my funds.
Thats all. have a nice day!
God Bless