Gamestop Is Still BullishReasons why we are bullish for Gamestop: the opening candle of May 14 looks very, very sick. The market won't let a candle like that stand. Never. the VolumeProfile shows very strong buying interest the CumulativeVolumeDelta is stable and shows no bearish divergences Longby OchlokratUpdated 6619
GME - I took my profitsClosing under 47.50 will be a nice short.... the stock made a new monthly high so a movement until august, with a 2 weeks reaction #gmeShort01:52by dpopovici6
GME buy at 42 sell at 85 - easy 100% - pure technical playGME is going up on a very high momentum and volatility, very emotional market with very clear Eliott Wave patterns It seems that possible pullback today is a great buying opportunity around 42 USD. Area of 85-90 USD is a good place for a local top. Longby rafbie2
Gamestop #GME Weekly Trade Analysis One can look for target of 115$ level from today cmp which is 46$ and if all things are good with the company then final target will be 1000 $ for long term 6-8 yearsLongby abhee9717447
GME Bullish Setup Jun 6-7th Update#GME had a very strong close today, hitting my Main Target box to the penny! #TTR was long #GME (again) from $24.54, we are 50% out today, near the highs, holding the rest for Friday. #TTR was also long GME from $13.01 and we exited the most at 64.54, 57 and 51 on the main gap up day! #TTR is also long #AMC, all the targets were posted Longby TheTradersRoom5
GME Gameplan for tomorrow June 7th, 2024.GME has a long term BAT pattern from ATH, which should lead it to 108.12 eventually for pattern completion at .886 fib. However, there is also a short term BAT pattern on GME, which started on May 14th 2024 (80), and takes it to 72.90 for BAT pattern completion. Tomorrow I think we will hit that 72.90 in early morning, and then retrace 38% down to 54.68. This 54 is the level that GME has to hold for it to take it up to 108.12Longby Lucky4Trading2
GME MovementGME tested resistance then found support and quickly back up to test resistance again. It seems as if this could potentially break through resistance and find support on the Gann fan for further movement upwards. The other plausible explanation is trending between the two current Gann Fans which is the second outlookLongby Dale_G4
GME (Gamestop) - The Markets Most Underestimated CompanyGamestop is NOT a brick & mortar store. Gamestop is a Tech company. Throughout history it has always been Gaming & Arts that have driven the adoption of new technologies and inspired new communities by pushing the boundaries of imagination. GameStop has cemented itself as a pioneer by becoming the first household name to embrace blockchain technology and explore the realms of Web3 Gaming, NFT's & Crypto. Web3, NFT's & Crypto empower creators & gamers allowing them to participate in the development of the metaverse where they can share & exchange their in-game assets. NFT's allow for verifiable ownership of in-game assets which opens doors for gamers to monetize the time they put into gaming and create markets for their in-game assets. ---- Lets use Call of Duty as an example. A game filled with all kinds of weapons & different levels of power & accuracy. Imagine if there was a gun that had 100% accuracy & 100% power from any distance. Now imagine if there was only 10 verifiable copies of this gun in the game. How much is this gun worth? Now lets assume a viral streamer like Ninja were to own a copy of this gun. How much is this gun worth now? Answer : A lot. --- GameStop is positioned at the front line of this movement and has sparked a massive wave of innovation encouraging companies & gamers to explore new possibilities that will transform the gaming industry and force other companies to adapt or be left behind. I repeat Gamestop is a Tech Company.Longby xx1337Updated 171771
GameStopFrom the technical point of view, the price has reached its lowest level and this point can be considered as the point of interest for investors, from now on we will see the entry of volumes into this price chart, which will eventually reach 100% profit. In long-term analysis, there is a possibility of short-term drops and price correction in time intervals, and only the result of the analysis is important for us. Sasha charkhchianLongby sashacharkhchianUpdated 7
$GME Healthy Gap up then 50% pullbackThis is the real deal. So nice they're running it up twice... impossiblebull chart is 2 months old and his "equilibrium" is my current target around $50. Shares>Calls for myself as I'm late imo. But room to run is there, and hype is back. VIX is up in other news... Longby Prophecies_R_UsUpdated 4414
GMEIf NYSE:GME can continue closing above 33, has Monday's open capitulation area to reexplore as well as 48.75 gap from MayLongby jhonnybrah9
$GME Interest LevelsNothing fancy here, my interest levels are clearly marked. Trying to avoid the noise in between. by mandelsc112
Gamestop MACD turning positive(⬆️ MACD Begins on chart) Last time MACD turned positive, 20days ripping +%500 followed. That previous run began BEFORE RK appeared. This time around, plenty of catalyst are present. When a parabolic curve is presented, the second wave is twice as fast and aggressive (high). I dont see this next %500 run in June taking 20days.. NYSE:GME #GME Longby Zia_11_11336
GME Back AgainGME has struggled to maintain momentum lately, but it's a process. This week it has finally been building some solid strength. Some nice higher highs and higher lows for a change, rather than those impulse moves. Looking pretty great to go and test the week's highs and beyond IMO. Here's some potential bullish and bearish paths. Really like the way GME held the $20 area and is now grinding back up.Longby AdvancedPlays1
GameStop Odyssey: Retail Triumphs and Marvels through EFI/VolumeThe "GameStop Odyssey" timeline serves as a vivid testament to the sheer force of retail trading and the enduring appeal of GameStop in the financial markets. This chronology isn't just a recount of stock prices and trading volumes; it's a triumphant saga that captures the strategic pivots, significant milestones, and the unyielding spirit of individual investors who've rallied behind the stock. Despite recurrent skepticism and often negative media portrayals, GameStop continues to emerge as a symbol of what enthusiastic and coordinated retail investors can achieve. It underscores how, against all odds and negative forecasts, the community-driven force behind GameStop keeps the company relevant and dynamically engaged in the stock market's limelight. By detailing each significant spike and drop in stock prices alongside corresponding EFI/volume fluctuations, this timeline does more than track financial metrics—it illustrates a narrative of resilience and retail investor empowerment. Each entry highlights how GameStop has not only survived but thrived, navigating through waves of market volatility and media doubt. This chronicle aims to inspire and educate, showing that the narrative of "dumb money" is a misnomer; instead, it's a story of strategic triumphs and collective investor savvy, proving time and again that the spirit of the market lies in the hands of its participants. ### GameStop Timeline with EFI and Stock Prices **September 28, 2020:** - EFI: 500 million - News: GameStop was undergoing strategic shifts and significant interest from retail investors, focusing on transitioning its business model towards digital sales channels. - Source: (news.gamestop.com) **October 26, 2020:** - EFI: 500 million - News: GameStop continued to gain attention from retail investors, announcing plans to strengthen its online presence and enhance customer engagement through e-commerce initiatives. - Source: (news.gamestop.com) **December 21, 2020:** - EFI: 500 million - News: GameStop announced further strategic updates aimed at improving its financial performance and adapting to the evolving retail landscape. - Source: (news.gamestop.com) **December 28, 2020:** - EFI: 500 million - News: GameStop's stock surged due to increased interest from retail investors on forums like Reddit, marking the beginning of the stock's volatile period leading into 2021. - Source: (news.gamestop.com) **January 4, 2021:** - EFI: 500 million - News: GameStop maintained a higher EFI level as interest in the stock grew among retail investors, with discussions on WallStreetBets gaining momentum. - Source: (news.gamestop.com) **November 29, 2021:** - EFI: 500 million - News: GameStop continued to be a topic of interest post-meme stock phenomenon, with investors watching the company's performance and strategic decisions closely. - Source: (news.gamestop.com) **March 14, 2022:** - EFI: 500 million - News: GameStop's financial performance updates highlighted ongoing efforts to turn around the company's fortunes, focusing on digital transformation and operational efficiencies. - Source: (news.gamestop.com) **August 15, 2022:** - EFI: 500 million - News: GameStop emphasized enhancing its digital platform and customer experience, continuing strategic changes aimed at strengthening its market position. - Source: (news.gamestop.com) **March 20, 2023:** - EFI: 500 million - News: GameStop's ongoing performance updates focused on strategic initiatives and financial health, with investors assessing the impact on the stock's performance. - Source: (news.gamestop.com) **April 10, 2023:** - EFI: 500 million - News: Keith Gill, known as "Roaring Kitty," revealed he was holding $181.4 million worth of GME stock and call options, causing a significant surge in the stock's price. - Source: (news.gamestop.com) **May 13, 2024:** - EFI: Spiked at around 510 million - News: The EFI spiked at around 510 million, and it wouldn't again cross the 500 million EFI/week until this past Monday, indicating significant trading activity and interest in GameStop stock. - Source: (news.gamestop.com) **June 3, 2024 - June 5, 2024:** - EFI: 510 million - News: GameStop announced its preliminary financial results for Q1 2024. The results highlighted a net sales decline to approximately $0.872 billion-$0.892 billion compared to the previous year's $1.237 billion. The net loss is expected to range between $27 million and $37 million, an improvement from the $50.5 million loss in the prior year. The announcement indicates ongoing challenges but shows some progress in cost management and cash flow. - Source: (news.gamestop.com) [GameStop Analysis: From a Dad Who Dreams Big Hello everyone, I'm a single dad deeply into chart analysis, eager to share insights that might help others make informed trading decisions. Currently, I'm not in a position to invest myself, but I'm looking forward to joining you all soon. If you find value in my work and wish to support my journey into trading, any help would be deeply appreciated. Here's my BTC address if you choose to contribute, would mean the world to us here at this little NYSE:GME hypestation! bc1qxt4cwsm3py94ze8a2s3ucsaxzllehx5qj4g0qq. (at the time of creating this article no one at this location including me, the author own a single fractional share or position in GameStop. We do however feel the hype for NYSE:GME Proud of you all!) Thank you for considering my work, and happy trading!by joshuatseppich0
GME Ascending WedgeI'm still long GME, but it may fail here unfortunately. It'll probably need some time to cool off unless it can hold up here.by AdvancedPlays3
Why bullish on GME?NYSE:GME 1.Fibannacci Retracement give us a price of 510$ per share in the all monthly chart. 2.Even with this move at 80$ the EMA CROSS SLOPE did not show us the long+2 signal. 3.MACD has crossed with a green buying singal and an uptrend verifacation 4.RSI at the lows with a revelsal forward to potential buying pressure 5. 2BILLION in the bank 6.25% locked and DRSED 7.Insiders buying and not selling 8. DFV THESIS 9.potential digital transformation of the company 10. PROVED WRONG SHORT THESIS. These ten reasons are enough to just be BULLIsh on GME Thats my hummble opinion and of cource its not any financial advise. ANYWAY MARKET SEEMS TO BE BULLISH....CRAZY BUT IT IS INSTEAD! NYSE:GME Longby jumpall44Updated 222258
The Ongoing GameStop Saga: A New Chapter UnfoldsThe GameStop (GME) story continues to captivate both retail traders and Wall Street veterans alike. 🏆 While the epic showdown between retail investors and hedge funds last year marked a significant chapter, recent developments indicate that this saga is far from over. Let's take a closer look at the latest twists and turns in the GameStop narrative. A Rocky Start to the Week 📉 On Monday, GameStop opened in a monthly supply zone—a critical price area where selling pressure is typically high. As anticipated, the stock faced significant resistance and dropped 34% by the end of the trading day. This movement is a stark reminder of the volatility that continues to characterize GME. The Technical Perspective 📊 For those following the charts, it's crucial to note that buying GameStop above $12.75 means paying a premium for a stock currently in a monthly supply zone. The $12.75 mark represents a discount price for potential buyers, suggesting a more favorable entry point based on technical analysis. Above this level, investors might be taking on additional risk by purchasing at higher prices within a supply zone where sellers dominate.by Mike_SnD222
Is GME repeating the January-February 2021 Sneeze?This is not financial advice. It's actually smooth brain AF and I don't believe in trading bar patterns but hear me out, this shit looks mighty familiar. #GME #DFVLongby HotsauceShoTYME3310
gme looking at the 2w gme #gme NYSE:GME a possible continuation to the upside with key reaction zones by awakensoul_369226
THE BATTLE IN THE CHANNELFirst of all I have to mention that what im going to write below is messed up,but you all will understand. My writing its not going to have any price analysis. Its going to flowing ideas about THE BATTLE IN THE CHANNEL. The last few weeks we have seen a crazy volatility in the price action. We all have to agree with that this Battle is different than the others. We expect crazy volatility.If you are lucky you can profit out of this. I talk about GME. this volatility created THE CHANELL. So, people jump in and expecting to profit out of this volatility. I say,hold a second. As i said you trade this volatility,you lucky,you make money.If you are not lucky,you no money no honey. So after the break out of the 3.5 years FALLING WEDGE the price went BBRRRRRR,AND THEN BOOM 17.72$. I bought one more time the dip. Volatility kicks away the loosers. The price is in an uptrend chanell. We call it THE CHANNEL. 10$ UP TREND CHANNEL. I put out of conversation the parabolic movement to the 80$. Back on THE CHANNEL again. After of a few good news last week we saw the volume going down.But thats ok. The price is at a good potision at the moment. I feel that the price action after the break out its normal for the size of the money as at the size of the time on this HUGE falling wedge. I believe that whoever reads this knows how a falling wedge works. But this kind of approach to find out what the price is going to be in the future its very basic. In this play THE BATTLE for the Bulls and the Bears is back again vol2 at this nice up trend CHANNEL. Its goin to be very intresting in the month of June. Lay back get your bananas and enjoy THE BATTLE. iTHINK BULLS HAVE THE UPPER HAND IN THIS ONE. LETS SEE... Ofcource none of this above are financial advise. How can it be? PS: If the MOASS theory comes true, then this play is going to have a long way up trend inside THE CHANNEL with the upside downs also. Parabolic of course,eventually! NYSE:GME Deffinetly Its going to be extravaganza style. NYSE:GME by jumpall44Updated 6
GAMESTOP Will the meme stock have another gap up tomorrow?GameStop Corporation (GME) had a massive +75% opening today, product of 'Roaring Kitty' latest news, but corrected from $40 to sub $30 intra day. We saw a similar pattern during GME's previous rally on May 13, with a 1st Gap Up that was followed by a 2nd that eventually formed the 64.90 Resistance. Both sequences started off with a Higher Lows rise and identical 1D RSI patterns. It appears we are currently on Gap Up 1 and the late session consolidation may give way tomorrow to an equally impressive Gap up to test 64.90. Of course never forget with such kind of stocks and high importance after of pre-market news can drastically alter the technicals. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot1119