Trailing GME long stops GME up close to 100% from initial entry. Trailing stops to lock in profits from this. Looks like it might keep running. Will re-assess trade plans if we rop to my trailing stop.
1GME trade ideas
Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha.
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Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it?
To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on...
Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed.
Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild!
Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon!
Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down.
Wherever the price goes from there idk yet! So we wait :)
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Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right.
Not financial advice as always.
Please feel free to donate some BTC or ETH as always.
BTC Address:
1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc
ETH Address: (ERC 20)
0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
GME watchafter a long periode of the price staying stable in general we notice a strong movement of the buyers . best move is to wait for a confirming green candle that an uptrend is about to start and go in as a buyer
GME with buy and sell indicatorBuy and sell indicator for GME
Please look at the other post for more information.
Monthly RSI is over sold
Daily chart shows bull reversal
GME playThere is pretty good support at 1-hour chart based on volume profile.
The candle is sitting on the resistance and support area in the daily chart.
there is a bull reversal and the monthly chart RSI is oversold so we can assume there will be some bull momentum over the next two weeks.
$GME Levels GME being classic GME and up over +25% , if you're in this trade congrats. I traded some calls for nice gains but sold most.
For those still in this trade here are the near term levels of resistance / pivot points I'd be watching for profit taking and re entry
Happy Trading
Can you smell the MOASS?Gamestop has been bull flagging for over a YEAR now. No meaningful volume for months and months but never returning to single digits where it began back in August of 2020. A squeeze years in the making. Tons of FOMO Gamestop is a household name with bleeding edge NFT marketplace confirmed to be dropping soon. Insiders buying shares heavily only means one thing. I am bullish.
REMEMBER GAMESTOPHello,
Herein is analysis on the Gamestop stock. I expect the stock to keep rising & rising. The stock is currently correcting for it to keep pushing higher.
Kindly remember to look at the company's financial statements to understand the fundamentals of the sector.
Please leave your comments & follow back
Best luck
Bull Flag on 15 Min? (GME)Anyone else see a bull flag forming on the 15 min, and a break to $170 after hours or by Friday?
Not Financial Advice, just sharing my ideas
TTT says “Hello!!”, RSI says “I’m back!!”This will be so interesting.
We’re about to see a large battle..
Get your calls.. get your shares..
Shorts timber’s be shivered..
GME IDEA 03.23.22News - Gamestop chairman Ryan Cohen purchased 100K additional shares of the company.
Levels -$143 is the next major resistance level.
The stock is gapping up to $133 (pre-market).
The idea is to go long at the open when it will try to test the 130.7 support level and fail.
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
GME - Holy Moly!!! GME - Strap on the moon boots boyz - here is the rip!! GME over $140 in AH action tonight!! Finding a little resistance in this area from past intermediate lows.
However with volume coming back in mass today, the OBV oscillator uptick is highest reading since last true bull run back in June 2021.
Over 15 mil shares traded today (5x normal daily) and nearly half of it was still trapped in Dark Pools chartexchange.com
Bullish RSI indicator flashing well above neutral line on the daily but plenty of room to run to the upside from here. On the 4 hr chart (shown) the RSI is engorged beyond any previous print ever! - and appears ready to ROCK even higher. MACD leader indicator about to go straight up vertical = bullish price action RIGHT NOW! Borrow rates are sky rocketing tonight and shorts are toasted.
With RC adding 100K shares per recent filings that were released after market close today = Expecting a gap up tomorrow morning pre-market on FOMO energy.
HOW DO YOU SPELL MOASS? = HODL!
Not financial advice.
Trailing stops on GME Trailing stops to lock in profits on GME. Might see a failure of the uptrend. Locking in profits.
GME possibly back to 105ish before continuing its descending chaLooks like GME has been falling down a descending channel. Let's see if I can catch this tiny reversal to 105!
GME HORRENDOUS ENRThe earnings and revunue were said to be a "third times a charm" situation, but no, we got horrendous news. A -300% DIFFERENCE FROM ESTIMATES. I don't reccomend buying this stock right now, it is on a very bad trend.
GME GameStop quarterly loss on supply concernsNet sales $2.254 billion VS $2.122 billion in Q4 of 2020 VS $2.194 billion same Q 2019.
Net loss of $147.5 million, or $1.94 per share VS a profit of $80.5 million, or $1.19 per share las year.
My buy area is $48 - $69.
I expect a bounce from that strong support.
