$EXPR Support and ResistanceExpress, Inc. offers apparel and accessories for women and men for various occasions under the Express brand. The company sells its products through its eCommerce website, express.com; and mobile app, as well as franchisees Express locations in Latin America. As of January 30, 2021, it operated 570 stores in 46 states across the United States, as well as in Puerto Rico. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in Columbus, Ohio.
Wsb
$BNGO Update, Near 7$ TargetBNGO showed a solid reversal out of its downward channel towards 6$ for confirmation that it was finished going lower, and shows a continued strength for a move towards 7$, its 23% retracement level from high to low. If traders and the market want to bring this higher, my next target would be near 8$ or a 38% retracement. More of an in and out trade for me, but judge it how you want and use the Fibonacci as areas to trim your position.
$GME Update + In Depth Technical AnalysisAs you can see, GME has yet again shown another day of upward momentum similarly to January earlier this year. It has reached its Fibonacci levels how I anticipated in previous posts. We saw resistance yesterday at the 38% retracement level around $215 near the close, but further steam gathered in post and premarket trading as AMC began to take off as well, sparking the "return of the squeeze" from WallStreetBets apes. AMC has nearly retraced from its highs nearly 100%, and GME has shown very similar price action and breakout patterns but seemingly after AMC this time. Price jump in the morning pushing it even higher right through fibonacci resistance level, now approaching 50% retracement which is ($265). I do see this going to that level, and option flow volume tells the same story. The price targets are respective to fibonacci levels, and important levels to look watch in the coming days and into next week.
PT1- $211 > 38%
PT2 - $265 > 50%
PT3 - $315 > 61%
PT4 - $387 > 78%
PT5- $485 > 100
I personally believe this easily goes to $265 short term, and then depending on how it reacts at that level with price action and volume, judge it and update through a post accordingly. I think AMC Retracement levels are giving people confidence and even causing some speculative buying because of how AMC has traded in respect to fibonacci levels.
Options Flow Summary & Heatmap
Top Contracts in Premiums
5/28 $250 Calls - $4.35mil
5/28 $200 Calls - $3.78mil
7/16 $800 Calls - $1.98mil
Total Call Premium $ = $27mil
Total Put Premium $ = $4.43mil
- 0.72 Call/Put Ratio
All to those factors to me, are very bullish.
RSI Convergence popped nicely, and still has room to run, not being in overbought territory, as well as MACD showing a strong reversal with a value of 10.78, meaning this can most definitely move higher as previous 2 waves ran near a 50.00 value before a pullback.
Hope you enjoyed this analysis and if you have any other questions, anything else you would like to see, and if you would like more detailed analysis like this let me know. Follow for more opinions, appreciate the feedback, GLTA. Twitter linked below.
$GME is a shark and cypher with the target of $3500recently I was extremely bearish on GME because of a reversal butterfly harmonic pattern with the target of $9. today I noticed a big shark or cypher on the chart and changed my mind.
AB=0.61 XA
BC=1.13 AB
tp1=0.78 BC=$32
tp2=0.88 BC=$44
tp3=0.78 XA=$132
tp4=1.27 BC=$154
tp5=0.88 XA=$207
tp6=1.6 BC=470
tp7=1.13 XA=$626
tp8=2 BC=$1607
tp9=2.24 BC=$3482
$SNAP Update - Looking for Support Snapchat cleared through its channel range the other day, topping nearly $61, a pullback today seems healthy with an almost 7% move the previous day. What I am looking for next is some support on top of this ascending triangle, if price can hold above approximately $58.50 for the week, I think it will give traders yet another opportunity to enter for a move towards $70. Watch tomorrow as the closing candle green will give this further strength in the near term.
[STOCK] GameStop (GME) Cheat-SheetThis chart is basically saying that the price of the GameStop stock is still accumulating with decreasing volume on the NYSE. We see the price reacting to either the Support ($140.00) or the Resistance ($190.00). From a technical perspective, there is no advantage in trading within the pattern. You will have a great Risk/Reward ratio after the price breaking out of the structure.
There are (obviously) two possible scenarios. The current sentiment is pointing towards a bullish scenario, which can be confirmed be looking at the MACD (Moving Average Convergence/Divergence) and the RSI (Relative Strength Index). The average price is increasing while the price is going in a sideways movement. In this case, we see buyers being active on the market without being able to spot it in the first sight.
For a proper breakout of the horizontal channel, we want to see increasing volume and a strong reaction at the support/resistance. This is my personal confirmation for loading more stocks. If the price moves past the $140.00 level, I will look for a lower entry around the $100 level.
Feel free to check out my previous GME analysis as well
On verge of major breakout (continued..)Bullish harmonic. Pattern in combination of low float stock such as KMPH is very bullish setup especially since the stock has been hovering around previous highest volume day of 1M shares traded. the stock has been hovering around 900k and reluctant to break 1M but the tutes are getting anxious as investor Samuel Braun decided to add to his position and steal shares from tutes attempting to manipulate stock price so they could add more. With KMPH’s new big blockbuster treatment for ADHD and main ingredient SDX which was recently announced to have received a Schedule IV narcotic (all other Stimulant based ADHD such as adderrall and Ritalin are schedule 2) the company looks to soon initiate KP879 which is comprised of SDX and will be first of kind treatment for stimulant use disorder (there are currently no treatments for SUD). Also Corium has told KMPH CEO Travis Mickle they would like to see kmph get Azstarys label expansion for treatment of ADHD in pre-schoolers!
Exciting times ahead for Kempharm team.
Disclosure: i am long KMPH. I am not a licensed financial analyst and this information is to be used for educational purposes only.
AMC To The Moon 🚀 - Why AMC will go to $100 and BeyondIdea for AMC:
- AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze.
- The price action tells it all...
Analysis:
- The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have covered.
- Most of the shorts' stops should have been hit in this breakout, but it is likely a whale doubled down on their shorts to defend their position from $20~.
- There has been 2.5 years of accumulation for the bulls, in a harmonic spring (falling wedge) that has broken out, and we are now caught in a bull flag with the shorts doubling down... Even if price does not breakout in this test, there is too much energy to be stopped IMO!
- It is clear where the whales' stops are: above $20 there is a liquidity zone to $36, and above that, $100 is very likely. Above that, even I don't know... 🚀🚀🚀
"He who sells what isn't his'n, must buy it back or go to prison." - Daniel Drew
GLHF
- DPT
$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.
Big poppa is coming for your Bitcoin.The real Bitcoin is here to stay, its Satoshis true vision.
I have put 50% of my entire BTC stack into BSV.
This is a massive risk on my end considering I have been covering Bitcoin since 2016 on my channel and holding it even longer.
I could get so much hate for this (and I probably will) but I really don't care.
I see the future and follow the smell of victory.
.25 BTC Is my first target.
This is the path of winners.
Stay profitable.
Volatility Asset - AMCIdea for AMC Entertainment Holdings Inc:
- AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas. - Yahoo
- Strong economic data and re-opening hopes in the market.
- Possible breakout for AMC.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
DOGE Crash Has Began!!! 15 Cents is Next!Doge has completed 5 waves as seen on the daily chart. The 5th wave has been confirmed with divergence on the RSI. Also, not shown is the 5 waves within wave 5 have been completed and now the decline of Wave A has been completed (subwaves not shown). Also, shown is a trendline marking the top of Wave 1, 3 and the blow off of Wave 5. Bitcoin and altcoins have also already created topping patterns or in the process. After Wave B completes wave C will start and the target is about $0.15 based on the projected fib level, the bottom of wave 4 and other fibonacci levels. At that time one should consider to reestablish any longs in DOGE.
EVERYONE IS FAR TOO QUIET ABOUT THISThis is Cantaloupe Inc.
Cantaloupe Inc. was formerly known as USAT, yes USA-Tech, a titan. Cantaloupe Inc. is a rebrand to more successfully integrate internationally, and they are taking BAKKT payment solutions with them.
-BAKKT integrates crypto payments and going HAM on their end
-partners with: RBC Rewards, Best Buy, and Vitality (24mili users)
Cantaloupe Inc. earnings are growing, and with the rebrand and heavy positioning, Cantaloupe Inc. is looking for a bull cycle alongside crypto.
Under Major revaluationWouldn't be surprised to see this stock break all time highs in next few months and in the next 12-months $50+.
* Key notes: 2nd generation Covid Vaccine sponsored by NIAID that's being conducted through infectious diseases clinical research consortium (IDCRC). Established collaboration with Gilead Sciences to develop a vaccine-based immunotherapy as part of Gilead's efforts to find a 'curative treatment for human immunodeficiency virus" (HIV) infection, and received $60 million in proceeds as part of the collaboration for GRTS HIV candidate. More candidates in clinic on their website.
Very bullish accumulation going on after test of $35 (red horizontal line).
See my other picks! $KMPH $VBIV $BCRX $GRTS
Disclaimer: This is not a buy or sell recommendation. I am not a financial analyst. This information should be used for educational purposes only.