GME: Buy ideaBuy idea on GME as you see on the chart because we have the breakout with force the vwap indicator by a big green candle with a large green volume.Thanks!
GME trade ideas
this makes senseThis is a common sense trade, buy about 12-13$ and sell in 23$. December will be gigant sales in gaming
GME Weekly Death CrossThe weekly death cross on GameStop is nothing to play around with.
A death cross is when the 200 moving average (red) crosses below the 50 ma (green)
The first 2 times the death cross occurred (yellow circles) GME witnessed a 43% drop and 90% drop respectively.
In the week of August 7, 2023, GME had its third death cross.
Will the death cross play out and GME see more downside or is this a bull flag?
With time, price movement will reveal itself.
Currently GME has been in a downtrend since 2021. And for one full year the 50 ma has been acting as resistance and pushing price down.
On another observation, if this downward channel, after a parabolic rise of 8,200% is a bull flag, then we need to carefully monitor which way price beaks out of this channel.
Will it break below the channel and invalidate the bull flag, or will it break above the channel and possibly head higher?
GME - When Will it Recovery I just watched the movie about Gamestop called 'Dumb Money', it was great and made me make this chart.
Using an inverted H&S we can plot a recovery along a middle trend line at about $8
GME | Buy scenario | Wars and suchTLI 1 is based on a recent Swinghigh that served as a strong resistance level aswell as support in the past.
In related ideas i linked to my last GME idea - sadly price didnt fullfill the requirements mentioned to take trade. So lets see if i get this time a trade.
Requirements:
- Price breaks above TLI 1
- Open and close of a candle above S/R Level 1
- Buy on retest of TL 1
Stop- Loss: None (Longterm play)
Target: Next big resistance level
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
GameStop: Remains In A Position to Break Bullishly From Its ZoneGME has been getting sold off with the macro for quite some time and it continues to push deeper and deeper into dangerous territory. At this point in time, it has pushed slightly below the 0.382/0.886 Confluence Zone and is now at the 200 SMA, but with that, we can see that the Local Bullish Shark can extend into a 1.618 Extension, so the Breakout watch is far from over on GME though we are getting towards levels where one may leave it alone. I would say that if GME breaks below $11.50, there would be a very distinct chance of it dumping down to $9.5, but if it instead holds above $11.5 and pushes back above $14.00, then we could instead see GME make a rapid move up to $18.00, which would be just high enough to test the supply line of our Channel/Falling Wedge. From there we could possibly break out of it and go for the measured move, but for now, I'd say one would probably want to have a short-term position to take profits on at $18.00 and a separate longer-term position to hold strong until GME gets the big measured move breakout to $74 - $134
GMEFirst target hit at weekly demand. Might look for a long in this shit stock if the weekly RSI can close above 30. Not holding my breath.
GME: Minuette cHave been watching this one. Thinking this is a good entry, not too big, so holdable, for now, if wrong, or it it moves up, stop at break-even.
Looking for equities to strike a short-term bottom and pullback, then continue down. In the meantime, I think GME will catch the progressive retrace and rally, but when equities sour for the next many months, I think GME could thrive. Should be choppy, but over the correct horizon, I think there is long profit, here.
gme inverse head and shoulders..the head can change.. but the target is $21. im in calls, not financial advice.
BULLISH DIVERGENCE ON WEEKLY:DOUBLE BOTTOM:MANIPULATIONAgain, more indicators of a bullish trend coming up soon.
I'm not even going into explaining why I see this as one of the most undervalued stocks.
The Retail interest remain high, and that is the main factor for a stock price, supply and demand dictates the price, well or it should be if market makers wouldn't cancel all the price discovery with their "providing liquidity" roles.
ON the weekly we had double Bottom formation around Jan/Feb/March 2023, plus a small bullish divergence, price breaks out and them from 27 March 2023 we see a clear artificial push down .
Again in June when price MACD on the Monthly was just about to turn we see another push down, this time coming to 14$..
I feel confidence on saying that this Bullish Divergence on the Weekly is the biggest confirmation (for trader, swing trades and everyone else out there trading and not investing) they should jump in on the buy side.
Again, next earning early December could possibly turn this ridiculous price suppression around and we can finally see a clear and beautiful break out , Possible the Biggest ever seen.
I don't expect MOASS, I expect company to keep showing good number and improvements, like they have been doing , and I expect great price swings with each news, a Tesla Effect all over again. (Remember Tesla? Enough people believed and even tho was the most shorted stock ever, that explain the 1000 NYSE:S a share , not on 1 week, with time aligned with each good news coming from them)
Excited to keep following this and every week pay check buy a couple more.
GMERRR 1:14,
EMA 200 MONTH,
DEMAND
entry near ema, stop loss below demand, best to enter after shadow candle, after they eat liquidity
Massive Falling Wedge on the daily! Can't believe this is the first time I'm seeing this massive falling wedge on GME. If we take a look at the RSI as well as the Fib extension, this breakout could bring GME back into the 80s, and the second golden pocket sitting pretty at 201.00. I would keep a close eye on this one. Could be an easy 5 bagger from here.
Triple bottom on the DailyWe can see a very prominent triple bottom on the Daily. Also when looking at the Ultimate RSI we can see that GME is ready to run. We could easily see a 50 percent gap up if and when this does melt up.
GME future price outlook with the investor relations at GME, and the fact that they have not done anything new, have no future outlook, continue to lose money..etc. And also the decreasing bagholder sentiment other than a short squeeze hype, I think this stock is on a very very long downward path to extinction.
GME FORECASTPick you own target of the 3 and take time to just look at the financials i have added definitions for my too technical friends to gist
This is a neater chart compared to the last that said all stocks are underperforming poor but growing
OVERBOUGHT THEY ARE NOT MAKING MONEY BUT PEOPLE INSIST ON LENDING IT same goes for $AAPL lol
Revenue
1.38B 7.96%
Operating expense
418.50M 13.02%
Net income
The company's earnings for a period net of operating costs, taxes and interest
-157.90M. -136.38%
Net profit margin
Measures how much net income or profit is generated as a percentage of revenue.
-11.46 -119.12%
Earnings per share
Represents the company's profit divided by the outstanding shares of its common stock.
-0.5 -362.22%
EBITDA
Earnings before interest, taxes, depreciation and amortisation is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances
-102.90M -378.60%
Effective tax rate
The percentage of their income that a corporation pays in taxes -2.27%
that earnings per share proves that hedgies dont need to keep holding trash like this buffet sama dropped some underperformers
and others are to follow suit
SENNA SEASON
GME: It's moon time 🚀Hey everyone,
After successfully predicting earnings, we have yet another prediction.
Bull: GME will head to $21; if we break $21, we'll be looking at $25.
Bear: Fill the gaps below at $17.08 first.
Good luck!
GMEThis thing just looks horrible. Hopefully people are still diamond handing this as it will make the unavoidable collapse that much greater. I have puts into 2024, looking for sub $5s.
$GME - Here we go againSorry for sounding like a bipolar bear. I'm posting based on the data prints i'm seeing which keeps changing every few days.
imgur.com
It's started doing the thing.
TLDR: Basically there's 2-3 more days of cooking left. As long as the blue line continues moving up today and tomorrow, next week we're guaranteed to run 100%.
Waiting for today's and tomorrow's confirmation. Hopefully we won't have ANOTHER breakdown of this trend because i'm tired of making posts that make me sound like a lunatic...
Will be posting updates in this post/thread, keep your eyes open.
$GME - Pretty bad for longsNo fundamentals, no macro, none of that.
My data has been showing for a while that GME would dip even lower than 19 and it did. I didn't expect it to show signals that it wanted to drop even lower...
Basically according to muh data, GME wants to drop EVEN lower than this and it will in my opinion. I think we'll see $15 again and even high $14.80's kind of prices. I don't want to give any lower or higher PT's for the moment until i see a few more data prints.
This is a short term prediction.
Basically within 7 days, we are to see $15.00 average with lows somewhere within the $14.xx's.
In the meanwhile a few segments of the market like AAPL e.g the big stocks are going to go higher and higher. All this whilst GME dips to new 2-3 year lows.
The data:
imgur.com
As you see here, we had a little misfire a week or two ago. Thankfully i caught it in time before it could do me and others any big damage and as you see it did indeed predict a drop which already happened.
Now it's predicting a further drop even lower and mind you it's predicting a low we haven't seen in 3 years.
Reminder
CC's and other shorts should do well on this trade. As a reminder, i'm not going to be notifying anyone here about a GME run anymore. (Or will i? I don't know) I might wanna capture this next one for myself and not let the hordes of CC vultures (Hordes of GME share holders) sell CC's into the high IV and kill any runs.
Also this will be your only notification on the GME drop. I'm not going to be updating this post daily. It's straightforward.
Mind you i'm considering making the run indicator a paid service as to allow people to make money (including myself). Doing so will limit the amount of people who are able to to know the CC sell/buyback and Calls Buying timing to a minimum and will affect these runs minimally.
You make money, i make money, everyone's happy.
Toodaloo fellow transfer agents.
$GME - $12Yikes
My data shows GME going to new lows. If i had to set a PT, it'd have to be $12 and it'll be happening over a very short period of time too.
That's all.
GME: Sell ideaOn GME we will have a big probability to have a downtrend as you see on the chart because sellers want to break with force the vwap indicator.
Insider Buying Frenzy: Ryan Cohen Leads the WayOver the last 80 days, Ryan Cohen and several insiders have capitalized on the triple bottom pattern by acquiring shares. If you've also participated in this opportunity by purchasing shares in the past 80 days, kindly show your support by liking this post.
GME: Buy ideaOn GME as you see on the chart we have a buy idea because we have the breakout with force the vwap indicator by a big green candle.Thanks.
