I've enjoyed watching the GME saga play out over the past 6 months.
TSLA and the wood gang must regret when elon tweeted Gamestonk that iconic evening.
Before that tweet I didn't know anything about the stock market. You could say it was a wakening for many people.
TSLA has been racing towards this death cross ever since that night.
Most recently rallying...
I don't believe GME is a coincidence, not with each arc of the story being revealed in such perfect symmetry.
See my last idea of an inner and outer symmetrical triangle breakouts .
Player 1: The Shorts . Hedge Funds, Mainstream Media and Wall Street Banks.
Player 2: The Longs . Michael Burry, Roaring Kitty, Ryan...
Based on Fibonacci levels expect a return to high 200s. Also expect some profit taking at that point. I am not expecting a return to low 100s, and although I wouldn't rule it out, R/R is favorable for long positions. Regardless of earnings details there will be volatility, and if a retracement occurs those who have been on the sidelines are likely...
GameStop’s chart is very interesting as of late. If we ignore the FUD, media machine spewing you know who’s rhetoric, etc, what are we left with?
Glowing fundamentals (in fact, the best case scenario is/has happened and IMO, is NOT priced in yet)
Bollinger bands highly compressed. This can indicate big volatility incoming.
Macd poised at...
For those of you who've been paying attention, 4/26 is the Great Conjunction. It's the point where this wedge completes and also the date when certain smug Wall St firms have to take it on the chin for their FTDs.
I wish everything didn't make so much sense right now. I almost don't trust it, but all signs are pointing toward the MOASS, ladies n gents.
Its exponential moving averages are completely congested, it will soon be looking for a way out in some direction.
It has a descending volume, which can make it more sensitive to any sudden movement.
Anything can happen with this stock. If it goes up, I think it would go to at least $350 and if it goes down, it may drop to $100.
In the last 2 occasions the...
Bagholders beware. I am going to short GME. Recent pinbar on the daily off its dynamic support after breaking through it. I expect this to continue cooling off for a bit. MACD cross about to happen on the daily chart as well.
SOON MAY THE TENDIEMAN COME,
TO SEND OUR ROCKET INTO THE SUN.
ONE DAY WHEN THE TRADING IS DONE,
WE'LL TAKE OUR GAINS AND GOOOOOOO!
I just wanted to keep my incredible TA up to date - in case you doubted me.
WE ARE THE MARKET!
Please see the 2nd squeeze price action illustrated in Elliot Wave
We do consider we are already at the beginning of 3d wave which should land us at 1.618 fib extension
2nd wave was confirmed by 0.618 fib retracement.
The previous Squeeze was confirmed by Elliot Wave where 3d wave was extended and 5 waves landed on 0.618 of 1+3 waves. Amazing price action