Net sales $2.254 billion VS $2.122 billion in Q4 of 2020 VS $2.194 billion same Q 2019. Net loss of $147.5 million, or $1.94 per share VS a profit of $80.5 million, or $1.19 per share las year. My buy area is $48 - $69. I expect a bounce from that strong support.
After GME went even lower than the exacted support line: Now we need to keep in mind that $90 is a great entry price in case of a selloff due to market condition and increasing of interest rates. GME is now in a high volume consolidation area, slightly bullish in my opinion.
Set alerts for these 2 trend lines . Breaking these resistance trend lines usually results in strong momentum moves.
GameStop - Short Term - We look to Sell a break of 118.66 (stop at 132.19) Rallies continue to attract sellers. Daily signals are bearish. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. We look to set shorts in the early trade. Our profit targets will be 62.74 and 42.00 Resistance: 160.00 / 200.00...
GME - Short Term - We look to Buy a break of 162.00 (stop at 134.00) A move through bespoke resistance at 160.00 and we look for extended gains. Posted a Triple Bottom formation. 140.00 continues to hold back the bears. Previous resistance located at 250.00. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be...
GME Gamestop had 4.8K Puts and 1.6K Calls for the past 7 days, most of them being short term and leading to a price close to the $110 support. Considering the chart and the options for GME i would say it has the chance to touch that support line before being bullish once again. Looking forward to read your opinion about it.
GME Gamestop is launching a marketplace for NFTs, reported the wall street journal. GameStop is also reportedly creating partnerships with two crypto companies to “share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects”. The stock bounced from a strong support and is heading to the...
First, you must fall, then you can rise. This old saying also holds true for the GME stock. We expect the price to drop to around $54.58 and then go on to reach new highs above $500. So, there is a lot of potential still with this stock. However, the current correction needs to fully unfold, before the potential can be realised. Any new year's resolution already?
Welcome to my in-depth and detailed analysis on Gamestop GME. This analysis was first published on 11/22/2021 at 12:35 by me Highrisk221. Date and time information is based on Berlin time zone. We look at Gamestop in the 1 hour chart As we can see in the chart, the price trend wärend the last high phase on 08.06.2021 at 17:00 put a correction phase which...
After this beautiful play from support to resistance: Now GME Gamestop formed an upside trend with a price target in my opinion of $260 Looking forward to read your opinion about it.
Just a follow up to November's outlook. It is interesting to see the price playing out as anticipated. I could say "predicted", but don't want to sound like a D_ck! 😁 So let's see if price gives some clues as mentioned going forward. Dam! If I am right for a third time in a row I may just have to write a price action book or something 😅 Be well and happy and safe...
On the volume indicator, I can see distribution on the shares the bulls have collected their profits, letting the bears enter the rally, In January 2020 the GME stock has got a huge pump coming from social media like Reddit and Twitter, which prompted the platforms to limit the number of shares purchased as a maximum, and prevented some platforms from trading the...
If you haven`t bought at the support: Then you should know that today GME Gamestop had some of the most extreme out of the money short term calls expiring Nov 26 with a strike price of $500! I see a short term upside potential of $280 (the next resistance) Looking forward to read your opinion about it!
I believe for the next month or so, GME has the ability to get to my TP at $242.05. My entry however will be based on: 1. if price closes above the yellow trend line in the near future and, 2. if my my red horizontal line is broken on RSI If those conditions are met, I will likely place an entry, a month out, to see if GME can hit my TP. If I am triggered in...
Left text from last Sunday above. Pretty simple, over $232 sees $250 quick. Then onto $262. Quick trip to $300 possible by next week.
I'd like very much to be wrong about this as a close family member is practically betting the farm on this thing going on for an epic rally. I'd very much like it to because there is a promise of a trust fund in my name if it does - LOL!
After breaking the downward trend line and closing way above it. It is to be expected the GME start a massive rally similar to the one it made earlier and make new highs. Key levels are mentioned in the chart. PS. such stocks shouldn't be invested without proper risk management. Don't forget to put stop losses near resistance area.
Everything you need to know is written directly inside the chart :) Tadingview /chart/Y8nobi0m/ to navigate it fully