GME YIKESWSB Moonboys are not going to like this one, its a long way down, good luck out there. will post this same chart as the daily so that we can watch it play out further
GS2C trade ideas
Game Stop TANKING! Earnings FAIL! RUN!Don't be a fool. I would be running for cover if I haven't already ( I shorted this thing). Their earnings just got spanked and the stock is going to open way lower tomorrow morning. Don't listen to people telling you to buy as they are likely unloading on you and you will be the one holding the bag. This thing is going back to the $10-$20 range before possibly going out of business. They will try to live on the capital raised when they issued new stock into the market. So much for the SEC protecting people right?
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Gamestop, GME, Stocks, Market, AMC
Adding to GME long GME hit my long-term swing target of 80 while I spoke of a lot in the 250 - 350 zone (After the first crash).
Now looks pretty good off support. Adding my position. This is now my second biggest stock position, second to NFLX.
Stop under the last low. My bet is the low's in.
amc and gme still marriedThey will moon together as both are largely owned by institutions and retail and nobody is selling.
That combined with 66 billion worth of shares that are shorted by citadel but not yet bought will launch the rocket.
3rd times a charm?Simply just here for the kicks, could the Earnings and revenue be in the green, or will we see another red Earnings and revenue. Stay tuned for tommorows EnR for Gamestop.
GME short exit and long entry Didn't quick get all the way to my target but I think we might have made a low in this now. Exiting my shorts and going long. In general the market looks more set for a reversal now IMO.
GME: Short Term Bullish in a Long Ranging MarketHello Apes, GME has seen a persistent decline since Nov 2021, breaking key lows on the way down into a discount market. Jan 2021 put an end to the slide with price finding support at 86.00 price level. The recent move higher took out the short term high with a pullback setting up toward support at around 110.00 price level. I see GME recover some of it's value with a target of 160.00-170.00 as a reasonable objective.
GME: The continuation of the downtrend was confirmedGME broke down the Renko Swing Pattern. Ichimoku analysis confirms the continuation of the downtrend
GME heading to $20 GME will have more first time traders turned bag holders than any other stock in 2021. It was fun, and entertaining, but valuation is valuation. Ryan Cohen will diamond hand his shares until he sells his company. The Roaring Kitty "DFV" will diamond hand his shares until Cohen sells.
I BELIEVE AMC/GME SQUEEZE IS COMINGI believe a crazy short squeezing is beging this week. I have been wrong plenty of times so it could be wrong again but I believe we are playing the opposite fractal as GME squeeze last year.
GME short meme stocks will not survive the great depressionVery simple ta here but the 800ema break is all you need to know, oscillators look like trash, etc.
Trade update - GME puts soldMy initial trade idea is linked in this post. On this 30m chart you can see the white boxes marking the candles that created a stochastic %K bear signal. I sold my puts today. Overall, I still think GME will price lower, but RSI needs a bounce (see green oval) and markets are oversold. If this stock bounces before FOMC on 16 March, I may take another swing put position if there is a good setup.
Gamestop is more Correlated with BTC than SPYI suspect there is some sort of correlation between bitcoin and GME prices
Can Gamestop survive the bear? Rawr!Okay, in celebration of today's huge up day I am selling GME. Well, I would never own this thing so I can't really sell my own inventory so I'll borrow someone else's! It's been a bad stock fundamentally for a while, but that didn't stop Reddit or whomever from pumping it up to astronomical levels. Obviously it's retreated significantly and I think it has considerably farther to go. Mr. Market has been brutal lately on stocks without solid footing and this fits the bill. Today it's up 5% and I think this is a good time to enter.
The MACD has been trending down since the day it short squeezed and I don't think this changes. It was a cute MEME stock when money was easy, but as the screws get tightened down I fully expect things like this to retrace whatever amount of paper money they made during Covid. There is a 20% short float in this thing and while it IS theoretically possible that it could get short squeezed again I seriously doubt that. Still, keep it in the back of your skull that it could happen and don't fall asleep at the wheel so if it jumps your stops you smash that "buy" button to cover.
Sorry GME faithful, this thing is STONKY!
This will likely happen in my opinionRead how I feel about this in my other posts. I’d say we’ve got about 1-2 years left of the fight, if not longer. Don’t gamble on weeklies, however I am not saying don’t buy contracts. Huge misconception, calls can gamma ramp, but also drop the stock heavy when they expire worthless.
We need another gamma ramp for the next huge moon, that’s my full opinion after everything I know. I seriously don’t think the next “squeeze” will even happen unless we have a gamma ramp. We’ve gotta ramp into the squeeze on this.
Everyone keep thinking it’ll come out of no where. No tf it wont? Did the first one ever “come out of no where” no.. no it absolutely did not. Leading up to the first squeeze we were having green weeks for months. Then for DAYSSSS GameStop get getting squeezy in after hours and premarket trading.
Again.. this isn’t financial advice for anyone. This is what I’m observing and the decisions I would personally game.
CantStop. WontStop. GameStop
$GME Gamestop. Another day, another bear flagI previously warned shareholders to run when it broke a bear flag at $129. It now broke another bear flag at $99, and I can just reiterate that warning to shareholders. Run.
