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$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
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
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.
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.
Volatility Asset - GME To The Moon 🚀Idea for Gamestop Corporation:
- Gamestop earnings are approaching!
Speculation: Gamestop will rise to $2000+ USD, causing liquidation crisis fears in the 1.5 quadrillion USD derivatives overhang, and Congress will announce that foreign investors such as the CIC have purchased Gamestop shares as an act of economic warfare through BlackRock to engineer a liquidity crisis, and will freeze BlackRock to prevent foreign sovereign investors from withdrawing their funds. This will trigger a global financial lockdown, and likely the loss of the dollar's global reserve currency status, enabling a new global digital currency.
BlackRock is the Strait of Hormuz of global markets. Gamestop for the markets and the American Multi-Cinema. Crucifixion.
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.
Butterfly reversal scenario with $215 target on the 3rd wavein the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
the targets of $Plug with harmonic patternsXABC is a butterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$62 *reached*
tp2=1.27 XA=$134
tp3=2.24 BC=$325
other targets with X345 cypher or shark possibility:
tp4=1.13 3-4=$94
tp5=1.41 3-4=$155 *more likely*
tp6=1.6 3-4=$220
since other targets of butterfly are higher than $75 the price zone of could not be dangerous, but be careful at this price zone.
AMC is bullish on the 3rd wave of Elliottlet's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215