JerryManders

194 by June 24th 2022

Long
JerryManders Updated   
NYSE:GME   GameStop
I've liked this setup for the past couple weeks and have had an approximate initial target of ~170-180. Something happened last week that gave me enough information to calculate a point target for the end of next week. I believe these next 4 trading days will be the beginning of a monster run to 300+.

My point target for June 24th is 194.12. If it can hold around that level without giving it all back, my target range by end of 2022 (likely by October 2022) is 333-357. This company has shown it can hang in the sky since its ascension back in 2021. That was all just a preview tho to true MOASS. If she gets to 300 chances are she ain't coming back and will achieve levels us apes cant even count to. Wow. Proud of u gamestop. We Believe in U.

Best,
Millie Bobby Brown

P.S. take my word that the stochastic RSI setup on the weekly is as bullish as it gets.
Comment:
my personal theory, a lot of bears mistaking this as a head and shoulders and are likely adding short positions here in this environment... I'm not seeing H&S, rather, smaller degree wave 5 off the May 11 low. It needs to get above 150 and the squeeze will escalate fast to pump it to 194.

#Don't short this
Comment:
Upgrading from *all in* to **Balls Deep** its showtime
Comment:
were really doing this, could go any minute. It's been too quiet and I posted update of 30min chart which I love the setup in.. they have been creating the volatility needed for this intraday the past few session, while at the same time maintaining a narrow range on the daily. Lets go.
Comment:
expanded flat with yesterdays high = A, todays high =B, and todays low = C. This is legit.
Comment:
Hello gremlins, my bad I overestimated the targetand time to target (oops).. but not my bad because this is still about to pop. Here are the adjusted expectations based on the info given by recent trading action:

- bounce from here (~127), which was the 0.618 retractement oft he move from June 13 - June 24
- new initial target is 169 (1.618 extension)
- from 161 it should pullback to 149 to 153 - if it finds support at that level, and market willing, it will make one leg higher to 177-190s
- If doesn't hold the 149-153 after the pop to 169 (which is 101% certain), then it will go to 0 probably the next trading day; but if it holds and makes the final leg higher then it will likely begin a corrective wave to 100-114 starting around July 8
- after the corrective move to 100-114 following this near term upside, then it will make its way up into the 200s (possibly 2000s, duh) in August.
Comment:
today is the day
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