gme to $171 by december 12th, but first a dip to $21.this is strictly speculation and technical analysis. goodluck everyone.
GME trade ideas
MOASS: BOOM!TLDR of video:
-MOASS is happening now
-Elliott Wave Idealized Target: 100K
-Ideal Target for your average retail investor: 1800 - 2400
-Psychologically, Wave 3, which we are in, is the most intense
-VWAP is your guide as price will stay above identified VWAP and will only touch it again once
MOASS is over
-Fibs are your guide as well
Expect price to begin running next week folks
We will break above identified VWAPS and that will be the surefire signal that MOASS has lifted off for the last time
SEE YOU AT THE TOP!!!
GameStop Set for Explosive Rally: The Next Big Breakout!22nd October 2024:
At Vital Direction, we have meticulously analysed the GameStop (GME) stock, famously known for its historic short squeeze, and we believe a significant opportunity is on the horizon. Following the extraordinary rally, GameStop has undergone a prolonged and complex corrective phase, which we now interpret as nearing its conclusion.
From the recent low of approximately $8, GameStop staged an impressive rally to around $65. Since then, the stock has entered a tricky consolidation phase. However, based on our advanced Elliott Wave analysis, we identify this corrective phase as a WXY pattern. The first wave, W, unfolded as a zigzag, followed by the X wave, also a zigzag, and we now see Wave Y progressing in the form of an ABCDE triangle.
At Vital Direction, we believe the Y wave is on the verge of completion, with Wave C of the final Wave E expected to bottom out imminently—potentially by this Friday. Once this corrective structure concludes, we foresee GameStop rebounding dramatically, with the potential to soar to new all-time highs. This could represent an unparalleled growth opportunity, with substantial upside gains for those who position themselves accordingly.
GameStop: Vital Direction’s Bottom Call Confirmed! Wave 3 Next?
Since our last analysis of GameStop (GME), we projected a bottom around $20.50 per share, followed by a significant upward move. This movement did occur, with the stock reaching approximately $24.50 before entering a corrective phase. Here at Vital Direction, we interpret this initial rise as Wave 1 of a new impulsive sequence, with the current correction likely representing Wave 2. We expect GameStop to complete this correction soon and potentially rally into Wave 3, which could target a new all-time high.
To manage risk, we recommend a stop-loss at $20.54; if GameStop reaches this level, it may indicate further downside potential. However, if it remains above this mark, we anticipate continued upward movement.
GME, IT'S GAME ON! Price Growth ImminentGME is certainly a no brainer from the current level. The daily data is suggesting a very significant accumulation and net buying.
Daily higher lows has been registered. Target Prices will be 30, then 40.
Spotted at 20.0
TAYOR.
safeguard capital, always.
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Here is some fundamental data for reference: (mostly outperforming, 3 digit percent growth)
(USD) Ene 2023 Y/Y
Kita 2.23B 1.22%
Net na kita 48.2M 132.68%
Diluted EPS 0.16 133.33%
Net profit margin 2.16% 133.03%
Operating income 68.4M 145.27%
Net change in cash 336.5M 327.06%
GME: Diamond BottomA perfect diamond bottom has formed as well as appearing to be the bottom of Wave 2.
Could a Golden Cross really bring us to $2,350 per share? The last time GME had a Golden Cross like this, we shot up 12,000 % over the span of 6 months. If history repeats itself, we could be looking at around $2,350 per share. It's definitely a shot in the dark, but still worth taking a look at.
GameStop Looks Primed for Upward Price Magnet
I think we are in the 2nd wave of an Elliot impulse Should See more upward price action next week, at the moment we are hovering around the prodigal 22.22 MEME it up boyos, we coming for the moon. I see 26 next week LFG
testing new idearoaring kitty dresses up as a cat and meows for 30 minute straight
GME will go to the moon
Gamestop: May Vs Now UpdateI THINK the ABC wave has completed to match the May chart and we go up from here.
whats wrong with gamestop?nothing more than usual. the price will usually have major fallout from large distributive bull moves that fail to break through resistance when it double tops at monthly or weekly highs. this is still a beloved name for a lot of investors that will probably continue to be volatitle. i would long if we break through this daily cypher, and take profit at the Be-Ob level marked out here. i would stop out if we fall through this ChoCH level marked out below. this signals accumulation. not expecting much action out of this until we regain the weekly uptrend, or lose the monthly higher low.
GME - Gamestop Squeeze Imminent: History Repeats ItselfBelow are essentially identical paths I've been tracking from around $20. I think we are completing the cycle for the next large leg up.
things may get spicy soon 🌶️🚀boost and follow for more 🔥 GME had a trend resistance zone break, retest, short trap below local support zone as the retest happened as well.
I Like what I'm seeing, my moon senses are tingling ;) looking for a explosive rally to 30-40-58 once we can close above 19.74 long trigger 🎯
GME break out in 15 trading daysBased on DD going back to the last squeeze, when compared side by side with AMC/VIX we appear to be right on schedule. The vertical lines represent the lows and highs on RSI going through this pattern/cycle of events with a side by side comparison for visual reference W/ AMC of 2021. If we continue on mirroring the sequence of events that began the 2021 squeeze, we are apx 15 trading days away from MOASS.
My strategy is to ride these calls to past resistance levels (23/24/25/30) until we see the pull back, sell the top, buy again at support, then ride these puppy's into MOASS.
I wish you all good luck, NFA.
pretty straight forward.
APE OUT
GME MOTHER OF ALL SHORT SQUEEZES $85 4-HOUR CHART AND ELLIOT 4-5The target is all there on the chart.
Please like comment subscribe! I love answering peoples questions!
I am the stock wrangler.
GME SQUEEZE %100+GameStop is nearing the completion of its consolidation, approaching the daily 100 EMA. Should it surpass this threshold, the price may escalate rapidly, which often aligns with Bitcoin achieving new all-time highs. I anticipate it will not fall below $20
$GME about to blowThe last time the MA200 ascended from a golden cross was in September 2020 and it is currently ascending from a golden cross that started in May 2024.
Looking at the first volume spikes starting in September 2020, if we are repeating now and the shorts haven't closed we should see about 4 times the volume now because of the split. Looking at the volume in May, it seems about right.
Not advice, only my opinion, you must do your own DD and what is best for you. You only live once.
GME GameStop - Short Squeeze in the Making!If you haven`t bought GME before the previous breakout:
Now you need to know that GameStop (GME) is creating a buzz in the options market, especially as it gears up for an exciting week ahead!
After experiencing an astronomical increase of over 121X in less than four months in the past, GME has captured the attention of traders and investors alike.
This dramatic surge in price has raised speculation about the potential for another gamma squeeze, reminiscent of the impressive rallies seen in the past.
With calls at the $125 strike price set to expire on January 17, 2025, there's palpable optimism in the air!
The notable volume of these calls suggests that investors are positioning themselves for a significant move.
Traders are eager to capitalize on the momentum that GME has built, especially with historical patterns indicating that such surges often lead to increased volatility and price spikes.
The options chain for this Friday looks extremely bullish, with an uptick in activity signaling strong demand for GME calls.
The convergence of high open interest and the upcoming expiration date has the potential to ignite a new wave of buying pressure, further fueling the chances of a gamma squeeze.
As more traders enter the market, the cascading effects of rising call prices could push the underlying stock higher, benefiting those who are well-positioned in the options market!
Potential Diamond TopThis will allow GME to move down to wave 4 of the elliot wave before starting back up again to wave 5.
Bull Pennant on the 4hrTracking this monster Bull Pennant on the 4hr. Trend based Fib ext, is projecting a breakout to the $58-$60 range, with no current ceiling in place above the $28 mark on the 4hr. If GME breaks above $62 on the daily, the next stop will be $87... Stay tuned.
GME looking very goodGameStop probaly will start rising soon!
Im bullish on many of the risk-on assets.
MOASS: Fuse LitTLDR of the video:
-Price has likely bottomed
-Short Volume is increasing as predicted
-Price should rocket through VWAPS
-Next significant price levels: 22, 25, 28, 40
-Price should be in full squeeze mode once we get above 28 and definitely 40
-Manage your positions by watching short volume and price reactions to VWAP
M O A S S
GME Hit Perfect Diamond BottomI drew the purple Diamond and the blue extension out last night and did not adjust anything since.
This jump from the diamond bottom also crushed through the long term trend resistance. If it holds above, this could be the start of upward movement (I have no idea about squeeze requirments etc.). This is just plain old TA that worked on GME this time.
