Get started
GAMESTOP CORP. AGAMESTOP CORP. AGAMESTOP CORP. A

GAMESTOP CORP. A

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

GS2C trade ideas

Back in the GameGameStop Short Term We look to Buy at 118.26 (stop at 110.74) Preferred trade is to buy on dips. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 115.39 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 120.00, resulting in improved risk/reward. Our profit targets will be 147.26 and 180.00 Resistance: 150.00 / 190.00 / 200.00 Support: 120.00 / 90.00 / 77.00 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
Short Insomnia, Long Caffeine Idea for competition: short insomnia inducing all night gaming by selling short GME and buy long the czar of caffeine concoctions KDP. Rationale: As the economy enters recession, discretionary money for buying video games will decrease. Meanwhile, pressure from significant others to go make more money will result in an increase of caffeine consumption by the otherwise insomniac gamers. The result will be a very short recession, improvement in the labor shortage, and breathing room to fix the broken supply chains. Win-Win!
NYSE:GME
by TheOracleOfDelphi
5
GME Summer (Daily Candles Analysis)This is my first attempt at making a future prediction using chart analysis. I would love opinions and feedback. I am not a professional, I have only been doing this for a year or so and I have no education in finance. I think you will see GME continue on its new uptrend through the summer with a huge breakout towards September/October. I think you may see it hit near $111 in the near future. If it fails to bounce off of the $110 range then I would expect it to drop back down to test its main level of support around $80. If it finishes the other half of the cup and handle, the I would think it would reach $250 before you see a retracement to begin the handle of the cup. GME looks strong and I am excited.
NYSE:GMELong
by Adventure_Joe
1
GME yet show signs for Double in Price on Long term After Covid-19 Pandemic GME had e bubble no one expected from a single digit Stock to $486 and since then made a long correction down to this current price $145,i expect no further New low for this stock ,below $85 my analyses would be wrong ,which by other means it could be at all ,cuz we always talk from Propability based assessment ,as long as price is showing Upside potential and making Higher highs ,price could double in this Stock and reach at our honest opinion $760 ,it could happen this year ,or the new year to come . For me GME is a stock to keep an eye on ,as we are talking about Risk to reward ratio of minimum 10.to Maximum 21+.Happy Trading and Investing for All Guys .
NYSE:GMELong
by ArberHoxha
GME - BK 2023 / Extend / Pretend / DefendLeap Puts a real Value Proposition. We're adding 102/20s to Jan 19 2024s as this Junk gets shoved back up. Bankruptcy is dead ahead. ______________________________________________________________ GME has $42.2m of debt in April 2022, down from $48.1m, one year before. The balance sheet shows it holds $1.04b in cash, so it actually has US$992.8m net cash. In reality - $1.13b falling due within a year, and liabilities of $547.9m due in addition. All they are left with is to keep the Game afoot, share buybacks to prop until the June 2023 Debt default as they hold less in Fungibles to prop after Bond Payment #1 is due, #2, they simply cannot afford it. Buy a Gold Mine I suppose.
NYSE:GME
by HK_L61
15
GME doritohere is some lines! this is a chart! grene line - seems most logical as it ignores the wick of 1/28/2021 but does value the next trading day after the rug was pulled. actually there are only 3 times we cross the green line and it only happens on a daily wick. over time the wedge has shifted a bit (note the other teal/light blue colored lines) but I attribute this to inaccurate assessments made previously due to less time/price data. teal line - this one ignores all wicks from jan 2021 events and is drawn to the march 2022 peak, but also ignores the wick. i'm unsure if we should consider the wicks or not when taking this wedge into account. if we don't we find ourselves in a very tight wedge where we almost broke out in the 2022 march run (where the lower teal line intersects the green line) light blue - i have updated this one many times in the past but overall consider it a relatively weak wedge indicator, however when drawn from the peak of jan 2021 (counting wick) to any other peak (counting wick) there is usually a breakout when price exceeds this line (see march 2022). I stopped updating this line in march 2022. so this to me is that the events of 1/28/2021 should not really have the wick considered.
NYSE:GME
by spearmintys
GME (GameStop) - June 23hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (GME 1W chart) Resistance: 189.82-214.14 Support: 101.74-121.53 If the 121.53-189.82 section moves sideways, it is expected to rise further. As it rose above 121.53, it is expected to continue the upward trend from a mid- to long-term perspective. Below 90.37 is the demarcation point between an uptrend and a downtrend in the long term. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
NYSE:GME
by readCrypto
$GME - Not sure about this one, but i'm all in.Hi everyone, Even though i wrote DD on this June run, it actually happening also caught me off guard as well as OCC lending data and Swap data for GME, XRT, BBBY, AMC didn't show any strong indications of a run this month. What seems to have happened that caused today's pump is XRT Put Selling on Friday which is an event that happens the Friday before a week where a stock like GME/BBBY and etc run up. I honestly wasn't expecting this Put Selling to amount to much for June and that's why i didn't make a post update about June's run, but here i am in the end... To be clear, i am not sure what's about to happen. All my data points to nothing, whilst other people's data and DD points to a run and this makes me extremely confused. Because of my confusion, i did what anyone in my position would do and that's to put my entire portfolio on several of the stocks that could runup a lot tomorrow. The majority of it is on GME. The rest is on BBBY, NIO, RBLX. This isn't DD nor is it financial advice. I honestly have no idea what's going to happen this cycle. I was expecting nothing out of June, but it seems that there might be something. We'll find out tomorrow. I've marked the total duration of this run IF there will be one. Also i've marked the possible price targets for both tomorrow and next week Tuesday. -------------- To remind you of the cycle DD, basically every 3'rd Friday of the month (OPEX) that month's options or quarterly options are netted and the net result is pumped into the market the next Tuesday. If Monday is a Holiday, the effect is that that net amount hits the market +1 day later, or in our case tomorrow (Wednesday). Today was basically Friday's Put Selling Fart as i understand it. If there is going to be a run, it's to be seen tomorrow. If there is a run, i expect the top to be in by Tuesday next week, but regardless, if there is a run, tomorrow will show this. I expect around 12% upside on tomorrow June 22 and a total of around 40% upside by next Tuesday IF there is truly a run here an to be clear, my data shows there isn't but other people's data shows that there is... so... i have no idea what to do. I'm in until tomorrow with everything i have. Again, this is not investing, this is not DD, and this is not financial advice. Do your thing whatever that is responsibly. The actual run i've discovered is on August 2 and August 8. Not the days in between, but those specific days. I'll be making DD on reddit about this eventually. It has to do with AMC, GME, BBBY, XRT swaps as well as their OCC lending volume data and how AMC and XRT are being used as hedging collateral in the OCC. Where XRT cannot be used anymore, AMC is used and where AMC cannot be used anymore, XRT is used. For this run, it's AMC's turn to be the hedge which is why i'm not very bullish about things as in the past when AMC was used as the hedge, GME was prevented from running (See March, June 2021). Again, not DD, NFA. Be careful out there. I'm not too confident about this one (yet i'm all in, go figure).
NYSE:GMELong
by leenixusu
37