GME trade ideas
BEHOLD!!! GAINS FOR APES!!Hello everyone, I go by the name of Trexarch, or Chem..
Today I am here to display my newly drafted chart analysis for my all time favorite stock.
The analysis;
UP
That is all. Thank you.
Please check out all of my other posts related to GME to understand my full thesis.
Let’s wreck some teachers pensions, am I right boys? ;)
DRS DRS DRS DRS DRS DRS
GME Earnings approach.Nice little motive wave forming in leadup to earnings.
UNDOUBTEDLY, this will hit $145-150 just so the hedgefucks can attack it at earnings.
GME long Done fairly well with longs on this with trailing stops. Back down into a major support. Long again here.
GME Model thru EarningsWhat is IMPORTANT is the confluence taking place at the ORANGE CIRCLE.
1. Large purple triangle is the ABCDE Triangle begun at the VERY START.
05/11 saw the final move of E-leg hit and rebound (05/12 Green).
2. Small, inside purple triangle is the ABCDE Triangle that is the E-leg of the larger TF triangle. Watch for the retest by Friday with an expected bounce away. Probs to $125 going into earnings.
3. Pitchfork Median Line identifies the upward sloping support.
4. Previous C-leg low (ORANGE Dashed line) was $77.58. E-leg only reached to $77.77 ... so far. There is still room to expand below C-leg to avoid truncated formation.
My modeling SUGGESTS a price peak ~$110. History suggest a SHORT ATTACK for earnings, I expect price to at least hit 66-ish (if not 46-ish). I DO NOT see price falling below the initial retracement set at $38.50.
From that point, on they've exhausted their long-term manipulation plays.
GMEMID-TERM: 4hr classic bullish divergence, daily hidden bullish divergence, double bottom, downsloping channel. (not financial advice)
$GME ♡ GAMESTOP CORPORATION ♡ +93.08%My trading plan consists of collecting 5 confirmations MINIMUM on one singular timeframe, across 4 different timeframes (20 total minimum) before I even propose a trading idea to my community.
♡
Disclaimer: Though I take banger trades, you MUST understand the following DISCLAIMER: I am NOT your financial advisor, a financial advisor, NOR do I give financial advice. If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks, financial resources, and trading system you utilize. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. This material is my market perspective and intended solely for educational & entertainment purposes.
GME End in Sight.This is the final level we've been waiting for.
Countries and Pension funds are buying up our favs.
Do they know something?
$76.61 and bounce.
GMEYo apes there's good news and bad news...
The good news... 1k incoming
The bad news... 35 bucks first
GRI 2022
NOT TRADING ADVICE
GME quick analysisI'm just experimenting with different technical indicators so lmk your thoughts on this chart. It seems that although the market is in and still headed for a down trend, GME apparently doesn't care what the market does and has a mind of its own. Long maybe?
GME - Longs - Its just a small war Two long trades
Plan
Its one positon. Where 80% will be closed at the first target and 20% on the second target.
Scenario (Green arrows)
Target
Next resistance level (level 1).
Requirments
- Close above level 2
- Close above 50% Fib level
- Break of the generated swing (generated swing 1) after break of level 2
Invalidation / SL
- Fall under level 2 AND loss of monthly open
Time duration
Days, weeks, months, years... ;)
Good luck
mOOn time for GME?!Assumptions:
1- Wave 5 of Green Wave 3 Failed (Truncated)
2- Wave 4 Green is a Triangle
Target: 1,270 / 9th Feb 2022
Invalidation of Triangle: 116.90
Time Analysis:
1- Wave E of the Triangle = 2.382 Green Wave 2
2- Wave E of the Triangle = Green Wave 3
Summary: Time analysis supports the end of Green Wave 4 and hence, Bullish.
Possible Bearish Scenarios:
1- Wave A up instead of of Green Wave 3 top, B Triangle and now C Wave up to 400 and from there go down to 60
2- Wave 4 in progress and heading down to 60 and from there to 1.2k
To sum up, I personally do not see them happening and I am giving the bullish scenario the highest possibility.
GOODLUCK!
GameStop - Mother of All Short Squeezes!Assumption: Yellow Wave 5 of White Wave 3 Failed (Truncated)
TP1: $900
TP2: $1,600
Invalidation: $77.58
GOODLUCK!
GameStop - Mother of All Short Squeezes!Assumption: Yellow Wave 5 of White Wave 3 Failed (Truncated)
TP1: $900
TP2: $1,600
Invalidation: $77.58
GOODLUCK!
IT IS NOW OR NEVER!!!GME must reject and start going up or it will go deeeep down!!!
TP: 1600
SL: 77.58
goodluck!
