Hello everyone, Welcome back to another NYSE:GME analysis. Last time, I mentioned that NYSE:GME will bounce between $13-16 before earnings. If there is a daily close above $14.27, price will head to the first PT at $15.76. Above this, NYSE:GME should test $21.72. As always, not financial or sexual advice 🚀 Good luck!
Ok, this one is for the ones willing to take risks, but the chart is worth a look given the meme/shitcoin frenzy that is going on right now. I wouldn't be surprised to see the price potentially double by the end of this week. The chart suggests we might see some significant activity soon.
Looking at the 4Hr GME chart, we can see the GME has broken out of the wedge and has formed a Cup & Handle as well and an Inverse Head & Shoulders. Also, the 15 min is showing a Bull Flag breakout. Bulls are out in full force. Quad witching is in 3 weeks also...
It's a bit early to celebrate, but i see decent signs of another GME run happening soon, at least within February. I i said, it's a bit early and the data needs several more days of prints to verify, if that's the case, i'd be setting this post to "Trade Cancelled" and i'd make a new one in it's place when its time. Now that warnings have been given, it looks...
Hi everyone, Looks like leenixus wrote yet another hype post. These are 3 targets and the third being the top max. Earnings will be a different story, but until then GME will likely bounce between 13-16. Good luck everyone.
If the previous chart that I posted regarding GME doesn't play out as I hypothesized, this is another likely outcome. Prize rises slightly out of the wedge pattern, which will trigger many buy orders as many trader's would see that as a bullish sign, then sharply reversing, and dropping down below the wedge to the bottom (dashed) support line, leaving many bulls...
This is a little bit of an update and reminder that GME is still holding above the 0.886 retrace and the 200-month Simple Moving Average with Hidden Bullish Divergence within a Falling Wedge. We've held this level for months and it still appears that it can Bullishly Breakout of the wedge at any time, which should lead to some extreme upside between $60, all the...
With the recent bankruptcy of Evergrande, forcing the liquidation of its many short positions, rumored to include equities like GME, AMC, etc., many traders are expecting another brief 'short squeeze' as a result. The charts seem to indicate that GME could make a nice move from current levels ($14.75), possibly even dropping to the bottom of the wedge to the...
The grandpa of stonks is getting interesting here. It's broken above the trendline, and it has retested it once. I am going to pull the trigger on averaging down my "underwater" position when we test the trendline again and stay above it for more than 2 days .
If you've been following GME with me, you bought at 12.5 and below last month. Sell target 1 was 16.9, we came close but lost a tiny bit on the first topside pump. We bought the dip around 14.02 and below, and we were looking for 18, 21, and 25 with small retracements in between. I'm not sure, but per indicators, it seems we might see the higher targets of 21...
GameStop ( NYSE:GME ), the once-famed video game retailer that captured the financial world's attention during the WallStreet Bets saga, has decided to shut down its NFT marketplace. After a year and a half of foraying into the crypto space, GameStop ( NYSE:GME ) cites persistent regulatory uncertainties as the primary reason for discontinuing its NFT platform...
Looking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more...
I have 7 variations of these showing the same spike for GME and many other names in the market whilst only 1 other chart (the one i typically use to detect runs) shows that this is going back to 11-12. imgur.com Based on the above screenshot being so nicely parabolic looking, i think we're looking at a price in the early or mid $20's for now. Will keep you...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Short Squeeze is unlikely to happen again NYSE:GME GameStop's Split Will Be a Stock Dividend Dividend stock split isn't likely to affect short sellers. While shorts would be required to pay a cash dividend if GameStop issued one, a stock dividend works pretty much the same for all investors regardless of whether you're short or long. The effect is to increase...
I'm not even going to comment. We'll find out later!
What a lovely market cycle for gamestop . since we have dipped inside the previous structure on a monthly look for the reversal coming up soon. Time to "I like this stock" again. Personal short term target is 40$+
If you haven`t sold GME before the previous earnings: Then analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week, I would consider purchasing the 15usd strike price at the money Calls with an expiration date of 2024-1-19, for a premium of approximately $2.63. If these options prove to be profitable prior to the...