recently I was extremely bearish on GME because of a reversal butterfly harmonic pattern with the target of $9. today I noticed a big shark or cypher on the chart and changed my mind. AB=0.61 XA BC=1.13 AB tp1=0.78 BC=$32 tp2=0.88 BC=$44 tp3=0.78 XA=$132 tp4=1.27 BC=$154 tp5=0.88 XA=$207 tp6=1.6 BC=470 tp7=1.13 XA=$626 tp8=2 BC=$1607 tp9=2.24 BC=$3482
targets have obtained using the Fibonacci levels of the shark harmonic pattern mentioned in the previous post.
video update on $GME as we near earnings. alot of things will pump before earnings just to dump so i am curious on how that call will play out.
This chart is basically saying that the price of the GameStop stock is still accumulating with decreasing volume on the NYSE. We see the price reacting to either the Support ($140.00) or the Resistance ($190.00). From a technical perspective, there is no advantage in trading within the pattern. You will have a great Risk/Reward ratio after the price breaking out...
Will this current wave be enough to finally break out of the triangle or will we bounce and trade side ways to the very tip... With all the hype around the earnings call. I would say that would be the day for something interesting to happen.
Buyer Beware..... Go look at long term $GPRO chart. #stonks & #crypto #pogs #houseofcards #currencywars #poof
Run the other way.
Consolidating with low volume (Good sign) and OBV rounding up, send it WSB!
Further analysis on the Wyckoff Accumulation today. Moving like a textbook. Monday and Tuesday should signify breakout in Phase E.
Can look for a long trade on Gamestop on a breakout of this triangle consolidation pattern
Idea for AMC: - AMC's price action is nothing extraordinary, and the narrative surrounding it is quite literally BS to deter a natural and obvious short squeeze. - The price action tells it all... Analysis: - The crux of this short squeeze trade setup is that the Whales got greedy by shorting the bottom, and doubled down on shorts when they should have...
Look like $GME is ready to visit $200 again.
Hi all, None of this is financial advice. I'm not a financial advisor. Looks like my last prediction based on GME's FTD reset Cycles was correct give or take 1 day (I called May 14, but we actually saw the movements on May 13). Because of this, i'm taking a second stab at calling the next FTD reset cycle/s. I've highlighted the previous cycles, how they've...
HELLO GUYS I HAVE MADE A TA REGARDING THE GAMESTOP SITUATION, PLEASE SEE VISUALIZED MELVIN BOYS ON THE START OF THE JOURNEY TO BRING US PERSONALLY THEM TENDIES. THE FINAL PRICE OF THE SQUEEZE IS DETERMINED BY THE SIZE OF YOUR MONITOR. YOU PICK WHAT YOUR GAINS ARE. APES STRONG HOLD WE MUST !!!!