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$SLV SQUEEZE POTENTIALCharts indicate we could be in for another spike, the likes of which we have not seen since the market crash of 2008. All EMAs are converging on the current price point and with a tremendous amount of squeezing to be had in the weeks to come, more and more people will be hedging with silver as the big hedge funds start to take losses. Squeeze indicators show a lot of positive momentum, mirroring the same volume prior to the 2008 spike. Options in the money currently are adjacent to relative resistance levels are an ideal play in my opinion.
AMEX:SLV
by SpudMissile88
For those of you wondering how silversqueeze is going...A few quite prominent analysts have bashed the idea that the campaign is behind silver's ascent, saying it was due a breakout. It is true, Silver was due a breakout as was Gold. Platinum has arguably broken out and fallen away. As the chart shows, I think Silver would have been slapped down like the other two (as has happened several times in the last few months). Targets range from between $39 and $50 dollars for this next leg up and that was before the campaign. This could go even higher with the added push. Expect noise and volatility
SLong
by Adnan_The_Barbarian
Retail Investors HELD THE LINE 1/29/21 Gamma Squeeze GMEWe are making History here! Big Hedge Funds have shorted this company beyond the number of shares even available! When we called them on it they tried every trick in the book and when that failed they threw the book away and shut down the game! They tried to shut down our communications. They tried to discredit us. They tried to spread misinformation. They tried to cause panic selling. When that didnt work they even stopped us from buying publicly traded stock on retail platforms! But not only did we hold for every dip caused by more shady practices we bought the dip. Volume is critically low. They have nowhere to go and mountains of debt that is increasing exponentially! We have won the battle today and now the war has begun! Here is my analysis for GME for the coming week. We have a huge Short Squeeze we are about to enter. Not financial advice. I'm not a professional. Just a regular rocket scientist that likes this stock. I like it A LOT!!!
NYSE:GMELong
by carrering_official
4
Is GME trading in another GIANT Ascending Triangle???It appears as though another Ascending Triangle is forming for GME, notice the series of higher lows at the upward green sloping line of support, it's interesting to see a bounce off of the old resistance of the previous Ascending Triangle in blue, inherently bullish. There's merit for an inverted H&S pattern as well, the green human icon is the head of the pattern. The RSI is displaying higher lows coinciding with the price action, and there's noticeably a bearish divergence that started Jan 25th, 2021. There has been a slight deviation where I've placed the blue sideways pointing finger, but their downward sloping resistance creating a series of lower highs has been pretty accurate, despite the price increase and choppy sideways price movement. The RSI has cooled off a little potentially indicating further upside action.... On the KST it's pretty neutral and I wouldn't be surprised to see a bullish cross next week where I've placed the blue finger.
NYSE:GME
by ScotianBot
Where is Gamestop Going Next?As I have spoke about before this is a blow off top, wave 5, and evening star formation. The price target is $17. Let me define a few things to put it in perspective. 1. Blow off top definition; Blow-off top patterns are common in securities where there is a lot of speculative interest. Prices rise, usually on positive news or on the prospect of good future news, such as future growth or the release of a positive drug trial, for example. As the price rises, more and more people get excited. More people also start to feel they are missing out, and they don't want to miss out anymore, so they buy. The higher the price goes, the number of people lured in to buy increases, and thus the higher the price and volume go. Blow-off top patterns are common in securities where there is a lot of speculative interest. Prices rise, usually on positive news or on the prospect of good future news, such as future growth or the release of a positive drug trial, for example. As the price rises, more and more people get excited. More people also start to feel they are missing out, and they don't want to miss out anymore, so they buy. The higher the price goes, the number of people lured in to buy increases, and thus the higher the price and volume go. 2. Wave five is the final leg in the direction of the dominant trend. The news is almost universally positive and everyone is bullish. Unfortunately, this is when many average investors finally buy in, right before the top. Volume is often lower in wave five than in wave three, and many momentum indicators start to show divergences (prices reach a new high but the indicators do not reach a new peak). At the end of a major bull market, bears may very well be ridiculed. 3. Evening Star; The Evening Star is a bearish, top trend reversal pattern that warns of a potential reversal of an uptrend. It is the opposite of the Morning Star and, like the morning star, consists of three candlesticks, with the middle candlestick being a star. The first candlestick in the evening star must be light in color and must have a relatively large real body. The second candlestick is the star, which is a candlestick with a short real body that does not touch the real body of the preceding candlestick. The gap between the real bodies of the two candlesticks is what makes a doji or a spinning top a star. The star can also form within the upper shadow of the first candlestick. The star is the first indication of weakness as it indicates that the buyers were unable to push the price up to close much higher than the close of the previous period. This weakness is confirmed by the candlestick that follows the star. This candlestick must be a dark candlestick that closes well into the body of the first candlestick. The reliability of the evening star is enhanced if the third candlestick opens below the real body of the star leaving a gap between the real bodies of the star and the third candlestick. This, however, occurs very rarely. Reliability is also enhanced by the extent to which the real body of the third candlestick penetrates the real body of the first candlestick, and if the third candlestick has very little or no lower shadow. Finally, volume should also be considered as the pattern is more reliable if the volume on the first candlestick is lower and the volume on the third candlestick is higher. Sound familiar? If it walks and talks like a duck it's probably a duck. Not shown is multiple similar bubble situations TLRY, SPCE, Bitcoin in 2017, etc. All bubbles burst. My advice is to get out immediately.
NYSE:GMEShort
by adriel.arrasmith
11
Dogecoin $1 -$10 Possible? Be Very Cautious I've been very compelled to briefly give my opinions on what I've seen to be reckless mindsets and outlandish price targets for Dogecoin. People taking out 100x margin trading on Dogecoin, moving huge savings to get in on the pump, Dogecoin overtaking Bitcoin, Dogecoin going to $10.00, and ect... The Dogecoin pump is spillover from reddit forum "Wallstreetbets". This pumps origins come from Elon Musk, Reddit, current social & political conditions, and Wallstreetbets. I'm a passionate believer of Dogecoin as it's another oscillator cryptocurrency and one of the most tenured as well. With that being said I will be the first to claim that I don't believe Dogecoin will hit $1.00 by next month nor will it go to $10.00 Nor will it overtake Bitcoin for the number 1 store of value and cryptocurrency. Before the Dogecoin pump the coin was trading at $0.008 cents less than a penny, in order to get to a dollar we would need over a 10,000% pump. In order for Dogecoin to hit $1.00 we need another 1700% increase in from these current trading levels at around $0.05 cents. Dogecoin's current market capitalization is around $7,194,356,991. If we add another %1700 increase we would need to be at roughly $119,000,000,000 market cap to see a $1.00 Dogecoin. Is it possible? Anything is possible in cryptocurrency. I personally just don't see this as a realistic price target anytime soon based off the fact that Dogecoin would need about another 100 Billion dollars in liquidity just in Dogecoin to reach $1.00. For a $10.00 Dogecoin we would need to be at over a 1 trillion dollar market market cap in Doge which I definitely don't see as realistic. For people reading all I'm trying to say is just be very careful investing within the midst of this kind of pump. Many people fear missing out, buy at the top, and sell at the bottom all the time. New investors are most vulnerable to this. Dogecoin is on the already on the moon. At this point Dogecoin is beyond any technical or fundamental analysis. Pumps like these bring out a very emotional side of humans and increase our emotions of greed and fear. Most people are buying Dogecoin with the aspiration of it hitting $1 soon. Be smart and be cautious. Much love and peace! Happy trading, hodling, and investing. Cheers!
by peacefuljustin
2