In a recent video, I covered a trade idea prior to the Gamestop (GME) bull rally. Since then, we’ve observed a significant bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, provided that price action aligns with my analysis from the video. The market is currently moving sideways, and if we wait for increased...
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Historically, GME (Gamestop) has been in a downtrend when we look at the monthly time frame. However, recent developments indicate a potential shift in the trend. As we zoom in on shorter time frames (weekly and daily), we observe signs of bullish momentum. Buyers may find opportunities in these time frames. In a video, we explore a potential trade idea. First,...
I am not here to entertain people for likes and followers. What does that mean? In other words, I will not sensationalize nothingness. That should clue you in that markets are pretty much dead. When I start posting, something is happening. it is that simple. ;)
GameStop's Falling Wedge Formation: A Swing Trade Analysis Introduction: In the ever-volatile realm of the stock market, GameStop (Ticker: GME) has caught the eye of traders once again with its intriguing chart pattern formation. A closer look reveals a falling wedge setup, a classic bullish pattern that suggests a potential reversal from the...
As I try to explain in the video, learn how to extract information from the data do not try to apply your vague hunches and feelings TO the data. Both in charting and in macro economic analysis. The proof is in the pudding. Don't forget to follow and get more great objective content.
In this video I go trough some very very generalised/simplified overview of GameStop financials and the stock chart. I'm taking note of things that look good and things that don't from my personal perspective (hey! everyone has their own opinion). As you have both going on but overall at this present moment while information doesn't change significantly I...
00:00 Intro 0:40 VIX 2:20 DXY ______________________ Quick Overview 10:48 NASDAQ 11:05 APPL 11:58 AMZN 13:06 GME 14:20 HOOD 14:40 META 16:36 MSFT 17:10 NVDA 18:40 TSLA 19:30 Final Thoughts
Video breakdown of what looks like a short trade in GameStop... Time will always tell. Control risk 1% and 2:1 RR
How is that for a title? Traders are going to win this play and all the people who are going to hold for the long term are going to get slapped worse than a host at the golden globes. What an opportunity to get out! If I was in GME around this range, I would be selling to recover whatever I could and move on to something else. This is basically a miracle on low...
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...
Buying vs "not selling as much" is defined by the chart making higher highs and higher lows. Not Selling as much is defined with lower highs and lower lows. Simple. Markets always give more and more supply of what the crowd wants causing the crowd not to want it as much anymore. Also simple. :) Hope this helped! :)
Video goes over it pretty quick. We start candles above support very nicely. Almost too perfect. Take care, stay safe and good luck on your trades yall. I am feeling a bit better then I have been recently. Here are streams if anyone is interested. www.tradingview.com www.tradingview.com
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
We managed to hold the weekly uptrend :) #ApesNotLeaving #ApesTogetherStrong
Caution in all markets is in order at this point. Don't be a hero!
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
Be careful! This is not the same market it was a year ago. Buy the dip may not be a good idea.