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Another 100% increase for the GameStop Stock?Hello everyone, while i was going though my previous analysis, i've made a very interesting discovery on the GMEUSD Chart. We are looking at the previous month on the 15m chart with a momentum indicator (MACD), Moving Averages (50 & 100), Volume and the relative strength index (RSI). Every price tends to move in patterns, even if the market behaves irrationally (like in this case). We see heavy spikes and high volatility in between the trading session - nontheless we can see an uptrend playing out. Please keep in mind that this stock was worth ~$5 during 2020. The current price level is supported by media coverage, reddit and many other "retail investor" plattforms. From a technical point of view, the price is currently moving above the Moving Averages with a Golden Cross playing out. The last time we saw this scenario was one month ago. Please have a look at the similiarities in the price action. Buyers and sellers are pushing the price within a symmetrical triangle (lower highs, higher lows). The accumulation previously took an end at the end of the month and on a friday. We finally saw the price breaking out of this patterns on a monday, with the price opening ~$15 above the closing price on friday. That's where buyers join the market and the volume is increasing. We saw the price peaking at ~$350, followed by the sideways movement we are currently in. While the price is moving below the resistance, we can see another accumulation happening with exactly the same patterns as in march. According to my trading idea, we will see an open price above the ~$190 level at the beginning of the upcoming trading week. I will definitely have an eye on this. Please let me know what you think about this idea and feel free to check out my previous GME analysis below
NYSE:GMELong
by Anton_XBT
9
Gamestop, is a New rally coming?Gamestop has been at the center of attention for months now. The company that seemed on the verge of bankruptcy has recovered strongly, with prices going from $15 to $400 in just a few months. Now we are only at $180, but is the stock still interesting? The company that, as you probably know, sells videogames is rapidly digitalizing, starting a transition that involves closing many brick and mortar retail stores, to focus on online sales. Even if the videogames physical sector is in a crisis, with consumers who are now downloading videogames from the internet, we remember that the demand for consoles is on the rise and sets new records every month. Let’s keep in mind that Gamestop is the leader in console sales. Current prices are a bit high to buy right now, but there may soon be an opportunity at a certain price level. I'll trade GME, as usual, with my platform which allows my operate with a 10% initial margin. This means that if i want to buy $10.000 worth of GME shares i can do it investing only $1.000. For more information on how to follow me, click on the links below.
NYSE:GMELong
by UnknownUnicorn8050589
6
AMC to the Moooon. Apes stonk together!For the first time in history, the average Joe can make a real fist against the financial system. In 2008 there where a lot of financial companies who were bailed out and lots of average Joe's had to pay the bill. The wound is still open, the debts were real, the houses they had to left, were real, the cars they had to live in, were real. Their PAIN is REAL. It's never bin more obvious as it is right now, you can feel it, the time for revenge is NOW. They are united in achieving their goal. This is not only for the possible gains, it is about showing the world the financial system is corrupt and our governments have to do something about it. Trading via Dark Pools was created to protect the market, now it's mostly used to move the price in the direction they want. Shorting a company was created to get too much air out of the price of a stock, now it is used to demolish companies only for their gains. It's time the wealth get more equally distributed over the people. No financial advise, but I love this movement and this stonk. Diamond Handed Apes stay strong!
NYSE:AMCLong
by JohanRD
7
$GME - Support TimeAnd again the shorter whale has used 1 million XRT shares and 100k to dump on GME longs. Doesn't matter. Trend: -Check out the trendlines and see the obvious support at the red line. -Check the resistance at the top blue line. Where are we going next? That's right, $350 is the new bottom, ~$600 could be the new range. New Range: Going into the new $350-600 range has implications of it's own though, this is the area the hedgies will feel the most pain. We've seen this from their attempt to unpin the price from $350 last week (close to getting margin called) and their further attempt this week with the attack today on the 15'th to further unpin the price from $260. The first unpinning must have been a 100% attack. The second unpinning may have been a friendly whale (or not) putting us in the oversold RSI area and giving reddit apes their much wanted juicy dip (Not that they'd need a dip to buy GME) especially with their stimmy check arriving in 2 days. It's estimated that ~3 billion worth of stimulus money will be going into GME and you can bet the other side of the trade is doing their damn best in both legal and illegal ways to make people think that their stimulus has no effect. HODL Don't be fooled by cheap HF tactics. If you're buying GME, you're not buying a normal stock. Adding a stop loss is a guaranteed way to get burned with the wild "volatility" swings (really just HF doing very illegal stuff because retail doesn't just all dump 10 mil shares on the exact same 1 minute on the 10'th of March) GME will swing wildly up and down. Don't buy it if you expect only ups and can't handle 50% loss or can't buy the dips. Don't try and swing trade GME, you'll get burned. If you're ready to make big bucks with GME, the only strat is to buy, hold and buy the dips. Get ready to be shaken by the insane HF tactics, Fear Uncertainty and Doubt (FUD) being spready by all media like Yahoo Finance, Barrons, Market Watch, CNBC, E-Toro Social and tons of other places. Don't ingest media regarding GME from normal news outlets as they're all blatantly lying and misreporting on the truth. I suggest visiting: www.reddit.com This is where real research is being done.
NYSE:GMELong
by leenixusu
6
[STOCKS] The Technicals Behind GameStop (GME) #3Hello everyone, this is an update of my previous trading plans for GameStop. I discovered this stock back in November 2020 with the help of r/wallstreetbets. I've tried to apply the technicals almost at every point, even though this market acts insanely irrational. It's very important, especially for beginner traders, to enter a trade at the lowest point possible and not during a pump. You won't have a trading plan and you won't know where to take profit. So you will end up holding bags. Luckily, the price of the GameStop stock made a return with an inital movement. I've entered another trade with a buy-in at $42 with a take-profit order at $150 (and another one at $420,69). We had a great risk/reward ratio here, but this one wasn't easy to spot. I personally did not expect the price to move past the $200 mark but it did. This is a good sign for those who like the risk. We can see that the price is moving towards previous highs, where sellers appear on the market. Most of them try to sell their bags to break even or they take profit in an obvious risky trade. I personally don't trade this stock anymore. There are many more other opportunities in the market. Please always consider to got to a casino an take the 50/50 - red/black chance. You might be more successful :-) cheers, Ares
NYSE:GME
by Anton_XBT
2
AMCI won’t bore y’all with the fundamentals that are the foundation of my bullish case, but, as you know, I’ve been cheering these social media stocks on. I have multiple positions in AMC. I added more at the predictable dip at 11am today. My question to y’all. What do we close at today? My personal opinion is that it is going to be a very exciting PH (power hour). My guess. 14$ eod :). -for the sake of all my contracts expiring Friday. No worries. I got plenty o’ shares.
NYSE:AMCLong
by SwissVegaPhyle
4
$GME - Ramblings of a madman 3000% - 6000% gainsNot financial advice. I'm all in for 300k on GME at a not great but not terrible price in the triple digits. According to my calculations (i made none), the floor for GME is 3000% from the current $200 price and a max could be beyond %6000 realistic targets. That's just my opinion though based on nothing other than me trying to find chart patterns based on nothing other than retarded technical analysis. Would be fun if i was right though. Also we should be touching those prices within the next 30 days unless a split is announced which will take +2-3 months to happen. Hoping we get a mega dividend to force the shorts to cover.
NYSE:GMELong
by leenixusu
5
BITCOIN Possibility is ___ % BITCOIN Possibilities is ___ % What in the world is this, well basically this is getting the hell out of BTC and maybe going short, on the B.T.C. That's right. Bold predictions for you elegant trolls. I firmly believe Tradingview has one of the if not the best troll community on the internet. But that's not stating a lot. BTW why does Tradingview have better trolls than Twitter, YouTube and Reddit? Twitter trolls, not so witty YouTube trolls, depraved and vulgar Reddit has it's moments I've answered my own question neglect that last question, thank you. If your still reading this GREAT lets keep going! Regarding my TA this is my prediction. I've hidden all Indicators and most tools, I've only left Elliott wave ABC countdown and ABCDE. These waves might play out accordingly. If this happens correctly I guess I won't be a noob. OK I'll still be a noob but not as much. I don't want to be too different from you elegant trolls. BTW, Have I mention how beautiful all of you are? Let me tell you, you are beautiful! I mean it! I believe BTC is coming down to my price targets and dates. I think the price targets are realistic and most are modest. Sometimes I can be shy and some days I tell death NOT TODAY! Maybe it's time to embarrass myself though we'll have to wait and see. I think the dates might be on point or maybe I'll be wrong by a week later or sooner. Time is precious and BTC is becoming more valuable. Valuable as in BTC is worth a great deal of money? NO Valuable as in overbought. BTC is on a level above its intrinsic or fair value. If you don't agree than just smash that like bottom. As Joey B would say, "anything is possibilities, I mean anything is awww common man!"
BITSTAMP:BTCUSDShort
by zman777
7
SLGG - the new gaming platform, we are scalping it for 3 daysSLGG : Love this stock! it’s a sneak attack! Fundamentals : Gaming platform that will monetize on the amateur to pro gamers by ads, tournaments, and eventually with subscription base. The gamers world is valued at 15B at the moment and if they will get 10% of that sector to pay as little as 5$ per month that could be massive -but that is very far of where they are at this point of time. They have collaboration with big names such as Fortnite, Clash Royale, battleground. They have media partners like Nick, twitch, Netflix, Instagram and sony. They have 5M monthly hours of viewers engagements, 2.4M members on social media and 3M subscribers. There is a lot of potential in this company and can be the next DraftKings of gaming world or the next Netflix of paid streaming. Let's talk technicals : 1. first we have a steady strong trend up for 90 days with 77% rise, that took place between 3rd of Dec till 25th of Feb. that showed stability growth on catalyst! 2. Massive jump-started on the 1st of march – hate seeing that cause that took our stability away and put us in hype mode – prob the Reddit pump… 3. RSI overbought but has bit more left in it 4. VWAP at 5.6 – not good pullback to that area probably today! 5. Needless to say ADX is trending strong 6. Notice POC level is exactly on the 50% line (if you put only the relevant price action in the chart after the jump) What now? So now we have a jump of another 108% in 1.5 days of trading – not great! that means the drop will be just as massive – we will need to have a pullback to 5.3 (50%) in order to enter again and trade it stable.. Meantime we will just scalp it with a tight S/L and wait for the drop Once drop happens we will see a 5.3 support level and we need to watch closely to see if it breaks that level down – if it does it cannot go below 4.6! if 4.6 is crossed we will see a gap fill all the way to 4.00 Which then I plan to buy the dip and go big! (not a recommendation!) If we don’t see a break on the 50% line (5.3) we will converge on that level and start seeing an uptrend with stability towards the 7$ again – WE NEED TO conquer the 7$ stable for this stock to rally on. The union is long on this stock because of catalyst and not because of a pump or anything else I think this stock can be worth over 30$ in less then a years time. Volume analysis : 3 months avg : 2.56M Gap up jump : 27M !!! Yesterday trading session: 9M The last 3 days of trading : 3.7M Meaning volume is way higher and showing stability of hype in the stock in the last 3 days and if volume stays around 3M and above stock will keep trending (can be a massive trend down also -volume is not a bul or bear its just showing interest don’t forget that !) FREE FLOAT: 18M Not too small, not big ! Short interest -21% (460,000 from 584,900) Short lowered since catalyst is big so bears pulled back – a good sign for more upside room till they will enter again An important point to look at : So Jung Mark a director in the company has bought over 9 times in 2019 and currently holding over 50k shares. Trade safe and be safe! see you on the other side of the bear market, and stay strong!
SLong
by FDGT_academy
4
SILVER ON THE GLOBAL RISE - LONG Dear viewers, followers, silver lovers, reddit traders, all in one (we are together) Thank you for taking your time to read the information, that i am sharing with you all for free and backed by available research on internet. Firstly, i will take the credit of being the early retailer that get into SLV last year in april when prices were hovering around $14, you can go back on my tradingview profile to read that idea. I understand i will be questioned for this, but i simply am just using publicly available information, my countless hours of study and reading history to back up my idea on SILVER LONG. Here we go! Silver has been manipulated both ends, that being said Silver has been manipulated when it was "short" and as well when it was "long". But why? The answer to that made me dig deep in to silver history from 1980's to 2021. Silver is globally used in industrial sectors, recently in the last 10 years it became an important element in Automotive and Technology. Jewellery market consumption for silver is relevantly low as Gold is highly consumed in jewellery market, apart then that Gold just sit under a tight vault in banks. From 1994 (the year i was born), silver reserve metric (q) was around 420,000 MT, in which after 2 years it raised to 1,570,000 MT, a staggering rise in mining sector around mexico, peru, bolivia, china and the rest of total 59 countries that produces silver around the world. America has by far being the biggest importer for silver since 1990's ever since gold standards were lift off by President Nixon. During the early rise of computer and dot com boom, Silver met a giant rise in year 2000 to 1,860,000 MT and right after 2 years it dropped down to 430,000 MT. Since year 2002, Silver never went back up in reserve above 600,000 MT, which means the last time we ever had a lot of Silver available for consumption was year "2000". Fast forward today in 2021, Silver reserve has shrunk down to between 570,000 MT to the lowest 400,000 MT. (WHAT DOES THAT MEAN) take a guess! We have been running short on Silver since year 2004, price remained super cheap for Silver as low we saw $12 per oz in 2020 to the higher of $48 per oz in 2011 during Obama tenure. Why recently Reddit Community have been pulling strings on going Long on Silver? Because historically it doesn't make any sense for the 15-1 ratio btw SLV & GOLD. Meanwhile Gold remains all time high at $2075 in 2020 and Silver at $30 (2021) Why is SILVER CHEAP? when other commodities are expensive? Take a good guess? From technical point of view, we have seen strong price manipulation since 1st of february 2021 when reddit pumped in over $230 million of contracts and hit new highs, and right after that it was dumped in the same direction by big banks, it could be JP Morgan or Someone out there leasing silver to private institutions for dumping (aka short squeeze). I HATE THIS GREEDY MOVE but theres nothing we can do about it, they are scared that we are all notbaly understanding the undervalued precious metal. This will EXPOSE everything about everything! CURRENTLY ONLY 500,000 MILLION OF SILVER IN RESERVE IS AVAILABLE! (SUPPLY CHAIN) was over since 2004, but banks purposely kept the value for silver low (idk) for what BS reason. The law of supply/demand that was stamped by Buffet in early 90's, Buffet was super big on SLV but until he found timid pressure, he had to sell off his positions. BUFFET WAS BIG SINCE 90'S. "NUMBERS DON'T LIE" BUT THE BANKS CAN LIE There's so much i can share about Silver, but i guess for that we will have to keep the conversation private. Feel free to reach out to me, if you believe in Silver and it has been manipulated! SILVER LONG Entry: $25-$26 SL: $23.5-$24 TP1: $30 TP2: $32 TP3: TO THE MOON! ($100-$300) per oz TP4: WEALTH FORVER (IM SURE YOU KNOW WHAT I MEAN)
OANDA:XAGUSDLong
by kevinbilalfx
7
$GME CFO is resigning, effective next month.GameStop’s Board Pushed CFO Out to Speed Up Strategic Shift GameStop said Chief Financial Officer Jim Bell is resigning, effective next month. The board and management pushed Bell out to make way for a new finance chief who shares their vision of transforming GameStop from a brick-and-mortar retailer into an e-commerce company, according to a person with knowledge of the situation who asked not to be identified. Bell didn’t respond to a request for comment. An executive search firm has been engaged to find a finance chief with “the capabilities and qualifications to help accelerate GameStop’s transformation,” the company said Tuesday. The Grapevine, Texas-based retailer is undertaking a strategic review, largely the result of pressure from board member Ryan Cohen, who bought about 13% of the shares and became the company’s largest individual investor. The former head of pet-supply provider Chewy has pushed GameStop to become a more direct competitor to Amazon.com Inc. He won three seats on the company’s board earlier this year. “Mr. Bell’s resignation was not because of any disagreement with the company on any matter relating to the company’s operations, policies or practices, including accounting principles and practices,” the company said in a filing. The company declined to comment.
NYSE:GME
by AlenCiken
2
$AMC can reopen theaters at limited capacity (25%) next monthjumped Monday after Gov. Andrew Cuomo said cinemas in New York City can reopen at limited capacity (25%) next month. Masks and assigned seating will be required, Cuomo said, and movie theaters will need to follow the state ventilation standards. New York is reporting a 13% decline in new COVID-19 cases with a weekly average of 7,400, CNBC reported. Movie theaters were among the many businesses forced to close their doors at the outset of the pandemic in an effort to curb the spread of the coronavirus As of November, AMC said it had resumed operations at 530 of its 600 U.S. theaters, with limited seating capacities of between 20% and 40%. AMC is still one of the volume leaders in the stock market, as retail investors continue to reiterate "they like the stock" as it was a top-five volume leader Monday. In October, AMC had warned that it could run out of cash by year's end or early next year as it struggles through the coronavirus pandemic. But in late January, the company raised $917 million in debt and equity and its CEO said that bankruptcy is “off the table.” www.thestreet.com
NYSE:AMC
by AlenCiken
2
$BTC Short 4hr TF Fibonacci, Supports & ResistancesQuick Bitcoin short after a failed backtest of ~$54,000 support turned resistance. MACD divergence and declining W%R from overbought were confirming indicators to take the trade. A break of support of the ascending channel led me to believe that continuation of to the next support level was impending. That level was the ~$46,000 3.618 fibonacci extension from ~$10,000. A bounce off of that support led me to take profit and ladder my exit at ~46,500. >16% ROI without leverage. Check out my other published ideas and trades I took.
BITFINEX:BTCUSDShort
by UnknownUnicorn3327901