Earlier, GME hit the Stoploss level of the Previous Chart Idea, but it did not make a new low and has since gone back to the 0.886 PCZ level and is making a Second Level of MACD Bullish Divergence as a result. Due to these factors I think that this Bullish trade Idea is still alive and upon zooming out I can see that this could be a more Macro Double Bottom that...
W have a nice looking Cup with Handle with Nintendo Trading near the Bottom of the Handle and Diverging if things go smoothly we can easily rise 20%-60%
Quick chart if you're looking for an earnings gamble. I do think it's worth a shot. next stop $24?? I think the orange trend line is going to be a key area for either a rejection or new support for the next move upwards.
Mega freaking rising wedge, if it does breakout the pump could be massive, a la NVIDIA.. What could be the catalyst I wonder... what if will announce NFTs? High risk high reward play, watch for the market and a possible correction in the next weeks. Time frame uncertain, could be weeks..or longer. PT:170$ Stop loss if breaks major trendline. All major daily EMA...
HERG How low can you go? Can things get any worse?
Video game stocks are all pushing toward new lows, not taking part in recent strength in the markets. Will we witness more of a correction in the already beaten up video game stocks?
It has been bouncing off the 200 daily candle EMA since March. I do not think it will break that support and start a downtrend, on the contrary, I consider it to be a good entry point. "Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game...
This is a big pivot for EA. Has put in a double bottom off the lows and should make a nice move over this level.
45bn makes it more expensive than Electronic Arts and Ubisoft combined. In no way does the fundamentals make sense for the market. Roblox 1.5bn revenue, EA 5.5bn/yr, Ubisoft 1.7bn/yr. Take-Two Interactive Software, Inc with a market cap of 18.984B, has the highest grossing game of all time , some of the greatest IP, many partnerships with sports . 3bn...
go buy your kids one already, we the future. peace! #doggonacci
we are testing the lows these days indicators are at 0 level and ready to bounce up its an NFT token i know
What a terrible game! People have been comparing it with GTA, Saints Row, and other games from 15 years ago, and they have more detail, much better AI, much better animations, than this overhyped mess they worked on for 8 years. Even lego has better AI and animations. In Cyberpunk you fire at police they do not react. Some animations are here, and they all look...
GME ripped to the upside (44%) when it announced its revenue sharing with MSFT. I believe that the highly short brick and mortar is poised for another breakout to the upside once it breaks out of its trading channel. I want to buy Jan/Feb 21 $15Cs. I want to be a buyer of those calls when the stock is trading below or around $11.
Despite having a bullish bias in the overall market, I will always look for potential short opportunities to offset long equity exposure. TTWO looks like it might be a decent reversal play to the downside after breaking the uptrend line that comes from the previous range breakout. I am not bearish on he company or the video game sector, but there is always sector...
NYSE:GME If you look at the historical option flow, from 12/10-12/12, two day after earnings missed, bearish sentiment started to decline. 12/11 option flows seem bearish but if you look at the put orders, it looks like the MMs are expecting a top of around 15 ish, bottom around 13 ish, and hedging with 8-9 ish. In the darkpool, from 12/09 - 12/11 GM had...
Electronic Arts NASDAQ:EA is showing a potential bullish turn. As shown in the chart above, the downward trend line with multiple touches have been broken with enough momentum for the moving averages to crossover. The stock may pull back to the moving average in the short term providing a bullish opportunity to go long.
Nintendo with a nice little retest after it's long term breakout.. Video Game stocks leaders heading into their busiest time of the year.
This name has not been able to catch a break, even on good earnings, but could rally along with the rest of the gaming sector which looks to be heating up into the end of the year.