when volatility increases like that, don't use dynamic channels but just statics. 64 is strong static support and is an entry point and after 485 there isn't any dynamic resistance to 11691
Looking again at the 30 minute chart of $GME, after a lackluster session... while the RSI appears to be slowly bottoming out, i would like to see it get much higher and gain momentum in the next few sessions, near or above 70. I would like to see the VI lines cross and stay above the moving average. My best speculation at this point is that 65-75 may serve as a...
A simple TA starting from the low in April 2020 up to today. The peak represents Wave 3. If this analysis is accurate, then it would suggest that we are currently still at the Wave 4 level waiting for an impulse wave up to Wave 5.
GREEN HEART WAS A SIGNAL TO GO LONG BUT THE RED HEARTS ARE SIGNALS TO SHORT. VOLUME IS VERY LOW. SELL BEFORE IT CRASHES!
Yes, I actually presented the possibility of a massive short squeeze to all-time high levels for GME stock back in October. Here is the original analysis: There were clearly some opportunistic investors who bought the lows on this one and made out like bandits. Unfortunately I wasn't one of them (I made the initial post by request). Even those who bought below...
We all know this. I don't short because I like this movement, and would not bet against it for a few dollars.
if u are a gamestop holder this post is for you. i, the great coinholio, shorted gamestonk last year, buying puts at $1.5 June 2021 for $0.40. i recently sold these puts for the same price, due to hedge fund retards broken IV algos lol. turns out a $300 dropping to $150 makes bots do some crazy options buys... my other position has been a long on the gamecock...
I wrote this post today to share my thoughts on what I think is a really interesting mental framework to use when thinking about trading or investing. I hope this post helps people make better decisions and I personally have made all of these mistakes. Yes, like many, I have lost on bad trades or investments, too. It's a reality of markets. Okay let's get...
My original post: reddit.com/r/wallstreetbets/comments/lbds1e/final_boss_fight_its_happening_tomorrow_with/ Guys, it's happening. They know they are screwed. Yellen is having an emergency meeting tomorrow or the day after with the SEC heads, Federal Reserve, Federal Bank, Bank of New York and the CFTC and the meeting is about Gamestop...
Let's take a look at the 30 minute chart of GME, since this is a volatile and fast moving stock of late. While many of the redditors are putting in more money, only to see the price go down in large percentages, they need to be looking at the charts and past patterns, with volume and RSI, instead of being in a tunnel of the WSB sub and only following the cries...
I SUPPORT THE WSB CAUSE, BUT this will end badly. Can you not see the amount of BS being posted on the WSB subreddit? People who have no experience trading (and admit it) are being upvoted to top comment. This is like the sheep leading the sheep, the same way the bitcoin subreddit was at 20k, all the while miners were dumping on their faces. (Source: CQ...
The price tanks hard, but the volume doesn't cover this. This underpins the theory, that price at GameStop NYSE:GME stock is currently primarily driven down by short ladder attacks. Retailers or not selling big. They are holding the line! You can easily see this today on daily and hourly chart. So I think the price will recover to much higher levels, if retail...
Chart reviews of the 4 stocks I'm watching. Also going over my trades for today.
Do not be deceived by the loss of the uptrend channel floor
diamond hands or diamond heads? ^^
The GameStop isn’t the only company where greedy short-sellers got punished by WallStreetBets redditors. Sundial Growers Inc. (SNDL) and Nokia Corporation (NOK) are two other companies where traders with short positions got overexposed. Currently, their short interest (i.e. shorts / all shares) are 29% for SNDL and 14% for NOK. That’s not some crazy levels...