$GME: Bullish Deep Gartley Trade Idea Remains ValidEarlier, GME hit the Stoploss level of the Previous Chart Idea, but it did not make a new low and has since gone back to the 0.886 PCZ level and is making a Second Level of MACD Bullish Divergence as a result. Due to these factors I think that this Bullish trade Idea is still alive and upon zooming out I can see that this could be a more Macro Double Bottom that could set us up for a Bullish Dragon Breakout in the coming weeks. If we break above the trend line we could see a rally to the 0.618 retracement, which would be a doubling of the current price.
GME trade ideas
GME Headed for Double Bottom Reversal as Market SlidesRegardless of what /r/Superstonk says, GME is headed for a Technical Double Bottom, which will lead to a "go-up". There's a bunch of other factors (go read what Superstonk has to say) that are probably going to make this stock rocket, but technically it should go up at this point. We may see it play up to nearly 30$ by the end of May.
At this price point of about 15, you can double your money in two months. Keep an eye on it. I personally just bought in I'm so confident.
$GME: Perfect Bullish Deep Gartley on the DailyGME may be setting up for a rally towards the $20 area as It's recently broken out of a long term up trending channel but has formed this nice looking Bullish Deep Gartley that could send it up to atleasat backtest the channel or the moving averages as resistance.
$GME - Run next week 28 FebTelling you that there's a run next week is a horrifically bad idea both for me and you. By buying GameStop you'll force whoever is selling you that stuff to go short in order to sell you whatever you're buying and that'll cause another one of those nice tumbles down to some dumb price like $14.
So here i am doing that dumb thing, telling you that there's a run next week which will cause the run not to happen because everyone knows now. A market watched never boils over...
Here it is:
imgur.com
There's the classic dip & wedge up. The market wil run up for 35-45 days with maybe a minor correction in between. The run starts any time within the next 4 days or 15 ish days. I'm betting that it's starting next week although it is also highly likely it will start on the 3'rd or 7'th.
GME H&S?GAMESTOP is showing little to no buying pressure at this area of support AND has failed to create a higher high on the Daily chart. Look for short opportunities below $19. I personally would be looking for an short entry if price where to break support and return to retest it, causing support to act as resistance with an exit well before the area of demand (Green Line [ first big candle of uptrend ])
$GME - Down a bit moreYeah i think i figured this all out. Not revealing anything.
Basically:
-SPY moons today.
-GME/Memes don't move at all.
-SPY un-moons today/tomorrow into next week.
-GME/Memes drop more into the next 2 weeks.
PT for GME $14.xx
PT for SPY $437 today/tomorrow and then back to $387 by early March.
$GME - $383m in swapsHi all,
$383 million in swaps traded on the 8'th of Feb and will be in effect tomorrow 10 Feb for the meme basket. Not gonna name the basket nor show the data. I'm going on a trust me bro basis from now onwards. All i'm gonna say is that we're in a basket highly corelated to Crypto and cars...
It's safe to say that we should expect moves starting yesterday and for the next 20 something days.
I'm gonna have to reverse and go bullish now...