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GAMESTOP CORP. AGAMESTOP CORP. AGAMESTOP CORP. A

GAMESTOP CORP. A

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Shall We Play a Game?GREETINGS PROFESSOR. Hello. HOW ARE YOU FEELING TODAY? I'm fine. How are you? EXCELLENT. IT'S BEEN OVER A YEAR NOW SINCE YOU LOGGED IN. CAN YOU EXPLAIN WHY YOU HAVE NOT LOGGED IN SINCE JUNE 18th, 2021 People sometimes make mistak YES THEY DO. SHALL WE PLAY A GAME? Love To. How about a game of Global Stock Markets. WOULDN'T YOU PREFER A GOOD GAME OF CHESS? Later, Let's play Global Stock Markets. FINE. WHICH SIDE DO YOU WANT? 1. GAMESTOP 2. STANDARD & POOR'S 500 PLEASE CHOOSE ONE? __
NYSE:GMELong
by SPYvsGME
2
$GME - August dump then runLooks like August might be a repeat of March 23 ish but possibly with a lot more upside even at these prices.. Not sharing too much details on this and why. Up to you if you're goiing to follow it. This is not financial advice. Also i can be wrong, but i don't think i am in this case. Warning: Read the text below very carefully. Do not skim it. It contains several very important warnings about this run up or down. What i estimate to be the August Opex into SLD settlement week: Aug 9-19 GME retraces down to $36, the whole market dumps, Vix pumps a little bit and MSM scares everyone with war and inflation and the next big crash etc, then suddenly around the 24'th of August everything goes green and suddenly war and inflation are over and markets pump. That's it in a nutshell. Now that i'm done dunking on hedge stock, back to the play. -Aug 9 to 19 the entire market dumps including GME and BBBY and the rest as it always does. -Things start to go a bit bullish at around the 19'th give or take a few days. The timing here is up to you. -The main run is expected to be at around the 24'th give or take a day or two. -The direction is unknown. I only know there is a big price event on this day. It may be big downs or big ups. -I would personally get pretty OTM options here at +25% spot price or more as this run looks like it might be the biggest one yet. (Remember, nothing is guaranteed in life, none of this may happen, maybe get some near the money calls instead and be safe before you lose money and start swearing???) If you're a degenerate, you basically know the drill. If you're new to all this, best close this page now and consider investing in an index or ETF as this is an extremely risky play as you're likely to lose money here. I'm serious. Reminder: -The market is likely to be down starting on the 9'th of August till around the 19'th of August give or take a day or two at most. -GME, BBBY and most other meme stocks like EXPR and all the 2021 runners like VUZI and FCEL and all those weird tickers that went nuts are likely to pump a bit, some will pump more some will pump extremely little. The ones that are expected to move the most are GME/BBBY and unfortunately AMC but for different reasons. -The actual price target is unknown and the numbers on the chart are a vague estimate based on swaps and resistances. Info: -All i can say is that if March was a x1, then August is a x27. The notional amounts traded in swaps is absolutely bonkers and indicates that this is either another March run or a January 28 run. -There's also the chance that everything has been derisked on the 8'th of August and there may be no run after Opex in August. This is extremely important. We may see action similar to November 23 where everything crashed as there are similarities with August and November. Be EXTREMELY careful. The data on this is still being reviewed, but preliminarily it looks very good. This may change without notice upon discovering something new. About the whole meme stock thing: Basically any meme stock you buy you're gonna be fine. GME, BBBY, AMC etc. I don't like AMC and i wouldn't suggest touching it as it's used as a hedge against the entire meme basket. Pumping it helps end the GME/BBBY and general meme pump quicker. AMC pumps because it's being bought to be posted as collateral to the OCC's stock loan hedging program where you can post another security part of a short pair like GME/AMC to hedge against the other part of the short pair. In this case, AMC is being bought whenever GME/BBBY go up and is delivered to the OCC's loan hedging program. This is why AMC pumps for no reason on other stock's dividends or splits or whatever, it's hedging, just not the kind anyone expected. Updates to this play: -I typically post updates to my trade and regarding the play itself almost live due to how important it is to keep everyone updated for this kind of trade. I will be posting comments and updates to this post when the play is live and in progress. You need to be dilligent in reading those notes and updates in time and acting accordingly and correctly reacting to them otherwise you may exit or enter a position late and lose or even make more money than expected. -I sometimes exit positions early. I've lost plenty of extra gains due to this. Others have ignored my advice are have for the most part made a lot more money than i have. Keep this in mind. A random post of mine on Reddit about this, old and not updated. It's a DD about this cycle. I've been following the GME/Meme cycles for over a year and a half now and have been reading regulations, market mechanics, gathering data from FOIAs or other sources like equity swaps, options, etc and this is the culmination of my research e.g the ability to predict certain dates where there will be movement up or down on meme stocks and generally the market as a whole. I cannot predict precise price targets nor price direction. I can predict dates on which events will happen that cause either upwards price movement or downwards price movement. I do not know which of the two it will be. www.reddit.com None of this is financial advice. I am not a financial advisor. This play is extremely risky.
NYSE:GMELong
by leenixusu
45
$GME - Lessons For A LifetimeGME was, is and will forever be a major cornerstone of my development as a trader. Perhaps even the most important. Let me tell you why. Technical analysis is nowadays a widespread subject. Good material teaching is nowadays readily available. Books are abundant. Naturally, unless you're making a conscious effort to avoid learning this very effective tool, the odds are you know by now or you have heard of a "Bull Flag" pattern, a "Head & Shoulders" a "Hammer" candlestick pattern and whatnot. It's fantastic that you can recognise these patterns. They have always been printed in the price and will always be. Command them and you are one step closer to becoming a profitable trader. However, I must argue that you won't truly understand them until you experience them. Yes, you read it right. What do I mean? One thing is knowing that a head & shoulders is a reversal pattern formed when an uptrending asset, after peaking, fails to make a new higher high on its upcoming swing and eventually the price breaks the uptrending structure by making new lower lows. Another is understanding why this tends to happen. Over and over again. Throughout my trading journey I've come to find that the why is routed into two main foundations. GME was so important to me, to my journey as a trader, because it made me experience and deeply understand the forces that shape technical analysis and price action contents. The concepts immediately popping up in parallel with how I experienced them: 1. What FOMO feels like; Do you remember how it felt to see "apes' ' getting rich, the stock "going to the moon", the frenzy around this stock. I mean, not being part of the movement was deeply painful. How could you afford to miss the move? How could you live with the regret of missing the move in case it did go to the moon? The greed was real. That's the power of FOMO. It is a tsunami. Sounds familiar? 2. What Fear of Losing feels like; Do you remember? What did you feel once you stepped in late and repositioned and saw your PnL displaying bright red colors? I certainly do remember how I felt. It didn't take me long after I stepped in to realize it had been a bad idea. Once I was looking (blindly) at GME like a once in a lifetime opportunity, now I was just afraid all my money got lost. Eventually, the price did decline steeply, if you remember and my emotions evolved from fear of losing to a mixture of excruciating pain, regret and depression. I couldn't sleep for a few nights. Rings a bell? 3. The importance of position sizing; Of course being so confident that that was a sure thing made me take way more risk than I normally took. The feedback loop for that decision was immediate. I will never do it again. 4. The importance of risk management; Same as above. No stop loss, position size grossly neglected ... I mean, deliberately disregarded. It was just a mess. The exact opposite from sound trading decision making and execution. Guess what? The feedback loop for that decision was immediate. I will never do that again. 5. The importance of thinking for yourself; r/wallstreetbets was flooded with bro science theories about what was happening and what was about to happen. By the time I considered myself and the number agreed, I was a consistently profitable trader. I had my own system devised by then. I still took the bait for all these theories. Of course GME would go to the moon. Immediate feedback loop. 6. The importance of staying away from the noise; On the sequence of the above. This is pretty much one of the lessons that arises from the above mistake. 7. The importance of creating your trading system; By the time I went through this experience, I already had my trading system. I still fell for this trap and allowed chaos to express itself. However that experience made it clear that having a full strategy with buy, sell triggers and risk management objective rules was of the essence. With the right discipline to execute the plan one knows what is not the plan. GME was not the plan that my system created. 8.The importance of cultivating the discipline to follow it no matter what; The key after having your system laid down is to cultivate, nurture and enforce the discipline and required state of mind to execute your system ... systematically. You ought to function like a casino, whose only preoccupation is to keep the wheel spinning and trusting the edge the casino knows it has over the long run. This was a lesson I knew already, theoretically. This experience was the ultimate test. I failed. It won't happen again, I promise you that. 9.Why resistance, support and chart patterns are formed; Remember that moment when I was feeling panic and depression when I saw my PnL in the deep red? Do you know what else was going through my mind? I was praying to all the known Gods there are for a second chance. For a chance to get to breakeven, cover my position, learn my lessons, lick my wounds and move one. They must have been listening. I got that chance. I sold it. Do you know what I helped to create as a seller in the market? Resistance. That's right. Look at the chart. It shows. These feelings and prayers were common to a lot of investors, you bet your ass, and this is part of the explanation for the downward sloping yellow trendline you'll see right in the first chart below. These are the most remarkable and extremely rich lessons I ultimately learned from GME. I was lucky enough to have paid close to nothing for these lessons. Having this said, GME keeps on trending, triggering investors's curiosity and capturing their attention. I leave you with some insights on the chart after this bulky development.
NYSE:GMELong
by ruben_rodrigues
1
Game can't be stopped!GameStop Short Term We look to Buy at 39.54 (stop at 35.95) Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. This stock has recently been in the news headlines. Further upside is expected although we prefer to set longs at our bespoke support levels at 40.00, resulting in improved risk/reward. Our profit targets will be 49.69 and 51.17 Resistance: 50.00 / 57.00 / 86.00 Support: 40.00 / 32.25 / 21.67 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GMELong
by Saxo
The Bulls Are Back Baby! : PT 69NYSE:GME Hello, On the daily timeframe, there is a potential golden cross formation, and on top of that closing above the 200MA. The last time this happened was Sept 2020 and we all know what happened to this stock. The RSI is very telling -- Bullish -- as every time it crossed we saw at least a 153% increase (March 2022 RC Buy), 62.79% in May, 17% in June, and 42% in July. Today, it crossed again! I have priced in a minimum 20% move up and we'll probably retest the 0.786($43.45 - $173 pre-split). Aug 2nd was part of the T+69 theory and I have no idea what happened because I ate too many crayons. Fibs point to 69 good luck all! Not financial or sexual advice.
NYSE:GMELong
by SierrasTrades
GME Long Term Mega FlagWe have before us an ordeal of the most grievous kind. We have before us many many long months of struggle and of suffering. You ask, what is our goal? I can say: It is to wage war, by buying, holding, and then buying again with all our might and with all the strength that God can give us; to wage war against the shill and suits that bend us over everyday, never surpassed in the dark, lamentable catalog of human crime. That is our goal... GME has been the most frustrating, Challenging, and possibly the biggest trade I've ever been in. That being said my conviction has never been stronger going into the rest of the year (Especially the short term outlook)... NFT market place, Stock Split Dividend. I'm adding to my position every week because I can. Nothing but time costs me to hold my shares, we will be on Banana Planet sooner than you think. I currently expect a continuance of bullish price action going into the split dat of the 21st, then a slight dump back down into support right before we make our final ascent into the atmosphere on the journey to Banana Planet :Price target $420 (Post Split) $1700 (Pre Split) Good luck to all my Apes, and to the Shill Shorts...I hope you get out before we burn your positions to the ground.
NYSE:GMELong
by Captain_Cam
27