GME About To WaterfallGME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH! Shortby RealMacroUpdated 615615348
Nvda idea long term Assuming it does a correction as big as apple amazon or tesla corrections when the top is reached we can assume it could fall to the ranges of 80-100 . That’s where am buying sometime in the following months . This AI bubble will pop soon just like the Tesla bubble popped and dropped 70% . Am being conservative and maybe Nvda drops 30% -40%. There is nearly any profits to be made after a 1800% rally with no major corrections. not shorting but ready to buy at those ranges Shortby Todopoderoso8810
Meta _ Platforms, Inc _ Distribution _ Price _ 2024 _ Under _ TrMeta _ Platforms, Inc _ Distribution _ Price _ 2024 _ Under _ Trading _ Venue _ NASDAQ. Distribution prices for Quarter 2, 3 & 4, 2024: 1st Distribution prices: $573.18 $590.82 $602.38 $627.55 $668.62 $724.54 2nd Distribution prices $755.64 $812.74 $816.63 $822.98 $832.56 $851.38 $857.27 $858.61 Longby Skill-Knowledge-Conduct661
Where's GameStop Headed? Is there a future?Will the future revolution be tokenized? Is this a dying retail company headed for certain doom? Seems Ryan Cohen has managed to turn around this company and the launch of GameStop NFT Marketplace trademarked under: "GMerica" The company is also now debt free and C is finding ways to take care of employees as well as bring value to GME How does the market feel about NFT? NFT - "Non-Fungible Token" which are unique digital identifier that cannot be copied, substituted or subdivided. Everything is recorded on blockchain used to certify ownership and authenticity. - Transferable proof of ownership. Potential Applications: - Art -Games -Music -Apps -Movies -Books -Tickets -Stocks - Potential to fix problems with Wallstreet. Can future trading be done on blockchain? -Authentication -Counterfeit protection -Asset titles - Loans/Mortgages - 100% verified ballot voting Let's take a look at the Elliott Wave Analysis: Have you DRS'd? by AzzzzUpdated 6612
SNOW nice 3 to 1 RR trade ideaSigns of downward push has been slowed and time to correction: 1. Oversold 2. Daily time frame have first green candle formed 3. Formed falling wedge (bullish) pattern 4. Bullish divergence: oscillator formed higher highs while price action shows lower low 5. Filled gap at $126 area Go long $126-$130 area and potential targets are: $132 $135 $138 $140Longby MoneyJumper220
BITF 7/21 2.5C/3C - $3.78 TPShort term options trade idea 1. HTF Bullish Chart Structure - 3D and 1W bullish engulfing bars, 1M bullish reversal bar - Higher-High, Higher-Low bullish structure from January to March - Textbook bottoming/reversal pattern during April/May suggesting a continuation instead of a breakdown of the H/h, H/l trend - Since the low at $1.53, price action has broke through resistance at $2.11, confirmed the subsequent R/s flip and started a new H/h ($2.58), H/l ($2.14) trend - With price action closing the week at $2.87 (new H/h), a bullish continuation is warranted 2. Open Price Targets Above - EBs at $3.08 and $3.38 3. Clear Support/Resistance Levels - 4H support at $2.33-$2.58, 4H resistance at $3.78-$3.90 Longby EMCtoken1929110
GME - Week of June 17, 2024NYSE:GME - Thesis - Management is Ryan Cohen; the buffet approach - With over $4 billion in cash, Game Stop has a better Price-to-Cash valuation than plenty of companies inside NQ. - RK comes back after a three year hiatus, with transparency of his portfolio. - Market structure is forming a moon landing to $120+ per share. - And with a cultist group of degenerates (like myself); Hedgies Getting Wedgies - Dumb Money 2 will be made. Despite all of this.... I can be totally wrong & management could rug pull everyone and it goes straight down to zero. Nothing I post is financial advice nor investment advice.... I simply like this stock!Longby AnthonyGarciaEthUpdated 8
NOW channelThis is the channel that I drew for NOW. I am publishing as an example to my friend of how I draw channelsby John_Schoolfield112
AMC - Week of June 17, 2024Its been a while since I published anything. I have been working on getting better at my skills and TA, just to be honest. Two years later and AMC looks attractive again. Why?... Well it derives from a bunch of degenerate cultist (like myself) who believe in the stock / company, the evolution of what we know as the theater industry, and same fractal patterns reoccurring. Oh yeah, and the correlation of GME and AMC being exact. So I will approach this PROJECTION (because thats all this is & NOT FINANCIAL ADVICE!) as a sympathy play to GME. See GME analysis on the next post. I begin doing a top down analysis. Here is the Monthly view on AMC. Currently price closed at 4.99 on June 14, 2024. lol Cant make this up! I simply see a Dumb Money sequel - Hedgies Getting Wedgies - Coming to an AMC theater near you. When we squeeze I see it AMC going to 174 - 154 per share price before it is met with great resistance and pulls back. Here is where the real test comes, we will see if with enough force AMC breaks this wall of Hedgies. Shall it have a blow the top off moment, it needs to stay above 195 to get to All Time Highs! I could be completely wrong and it goes to zero.... NYSE:AMC Longby AnthonyGarciaEthUpdated 114
TSLA - Weekly Symmetrical TriangleA symmetrical triangle is forming on this TSLA chart These tend to break to the upside. The white lines are strong trend lines if the triangle ends up breaking down Bullish stock choice. by Bixley9
Gamestop- Idiosynchratic Systemic RiskThe rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven Squeeze GameStop, facing declining brick-and-mortar sales, became a target for short sellers who saw its business model as outdated. However, a surge of online optimism, primarily on platforms like Reddit and Twitter, ignited a buying frenzy among retail investors. This sentiment-driven buying pressure triggered a dramatic short squeeze, propelling the stock price to dizzying heights in January 2021. The Fallout: Buy Buttons and Direct Registration While the price eventually corrected, the social media fervor persisted. Concerns about trading restrictions implemented by certain brokers during the squeeze further fueled the fire. This led retail investors to embrace Direct Registration of Shares (DRS), a process that removes shares from the clutches of brokers and places them directly with the company. The goal: to limit the availability of shares for shorting and potentially trigger another squeeze. DRS: A Unique Market Phenomenon With over 74 million shares DRS'd as of the last earnings report, GameStop represents a unique case in market history. No other non-penny stock has witnessed such a large-scale withdrawal of shares from the open market by retail investors. This unprecedented scenario has created a volatile market dynamic with the potential for significant price movements. Technical Analysis: Signs of a Potential Breakout GameStop's price chart exhibits classic characteristics of a stock primed for a short squeeze breakout. Price consolidation since the 2021 squeeze, falling volume and volatility, and rising short interest are all potential indicators of pent-up pressure. The Socioeconomic and Elliott Wave Perspective Analyzing market movements through a socioeconomic and Elliott Wave lens, we recognize the crucial role of collective sentiment and mood in driving stock prices. GameStop's price trajectory aligns with a clear 5-wave Elliott Wave pattern, suggesting a potential return to all-time highs and beyond. Potential for Government Intervention The exponential counterparty risks associated with a potential GameStop squeeze raise concerns about systemic market instability. Government intervention, in some form, cannot be ruled out to mitigate the potential fallout of unrecoverable margin calls on significant market players. The Sequel Awaits: A Story Unfolding As time unfolds, the GameStop saga continues to evolve, captivating both financial experts and retail investors alike. Whether a sequel to the "Dumb Money" film materializes remains to be seen, but one thing is certain: the story of GameStop is far from over, with its potential consequences for the market attracting keen attention worldwideLongby Heartbeat_TradingUpdated 187187718
$AMZN I believe Amazon's stock will retrace to $175 or below for several reasons. Firstly, we've touched the top of the consolidating range at $188 for the third time, suggesting strong resistance at this level. Additionally, there's a bear flag forming on the hourly chart, indicating potential downward momentum. This presents a great buying opportunity when the stock hits the $175 area. Furthermore, with Prime Day coming up next month, I anticipate it will act as a catalyst to drive the stock back up to $200. by bdijondev221
PFIZER, targeting $50! Upside Prospect ON!PFE weekly data is conveying significant accumulation at the current price range. Net positive volume has been increasing on a daily basis for the past few days -- in anticipation of the company's incoming price growth, long term. The stock is currently sitting at 78.6 FIB level -- a discounted level where buyers converge. Expect some significant bounce from the current range with initial target to $50. Weekly higher lows on histogram has been registered. Trend shift is about to commence. First Bubble up volume appearance in almost 2 months. Spotted at 38.0 TAYOR Safeguard capital always.Longby JSALUpdated 778
Upcoming Move on $GME Before July 2nd, We can anticipate a HUGE move upwards on $GME. RSI looking bullish and MACD is about to turn green. Breakout is imminent. The first target should be $81 Longby JpDizzle4Shizzle8
$GME to 17Good Morning Traders, Not financial advise, at ones own risk:reward GME failure to hold levels gained and losing level sends this back to the origin. NYSE:GME to 17 Too many believers without continuation turns the believers stop loss to close orders as fuel for down. Will be back with an update around target price with an update and possibly a long. Have a nice weekend traders Check the previous idea from $29 to $42 with $58 targets. Shortby vregrdedtrdrUpdated 535323
TSLA : Trend and PatternIn the chart NASDAQ:TSLA Sideways trend. Flag pattern is estimated. 160- may act as a strong support. by ustrader262
TSLA GETTING READY FOR WAVE 3 BULL RUNThe weekly volume downtrend has started to show signs of a shift on the last low, which found confluence with the .786 retracement, which is a common wave two target. That said, if the shift continues, I would expect TSLA to start a aggressive move to the upside.Longby BlueLineTradingLLC2
TSL4 1s skyn3t w1th 0pt1mus?H3ll0.TSLA h4s f4ll3n 6O p3rc3nt s1nc3 1ts 4TH. 1t 1s th3r3f0r3 cl0s3 t0 4chieving 1mpuls1v3 w4v3 tw0.by Le-tradeur-de-fortune-and-co2
RIO update in H1 chartHello We have discussed about this instrument in the last publish and I just want to give you some ideas about its waves counting. The important point is that it corrective patten has become more reliable and we can expect a rally after this correction. It might be waiting for BTC movement. Thanks Longby AMA_FXUpdated 6
LONG TERM OUTLOOK ON DIVIDNED LEGENDBased on the current structure off the bottom of the Covid 19 correction, it appears we have a clean wave 1 and 2, and we are possibly in the beginning stages of wave three, with weekly RSI and MACD supporting the theory. That said, looks like price is currently in wave 1 of 3, which we would like to see target the .618 extension, but with the greater market in a tight spot, momentum doesn't support it, hence the current wave 3 target being the 1.382 extension. Once we have more information regarding wave 1 of 3, we can clean up the forecast. That said, this looks like a viable option for dividend investors and leaps contracts.Longby BlueLineTradingLLC2
Union Pacific - Confirmation of Support LossThe approach and alignment of Fiboclouds below the support line should be interpreted, in the current chart context, as a strong indication of an increased probability of value loss. If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened. This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far. Follow us to receive notifications of new trades as well as frequent updates on ongoing trades. Finally, if you agree with the idea or found it useful, please give it a BOOST so that it can reach a larger number of people! Thank you! Shortby ethostrader1
COIN - Time To Short This Great Crypto Stock I've been waiting a while for this one and now it is time to make a first short entry. The elephant in the living room is the big bad bearish divergence on the week chart. Apparently not many can see these divergences that stick out like a sore thumb but they have been very useful in knowing when to take profit. The coloured bands are of Golden Window Fibonacci extensions using the 3 trend based pivots at the start of the 2023 trend and also a reverse 2 point extension taking the accumulative summer '22 high and the bottom. Notice that the top is hitting exactly within these coloured bands. And so if that is a top then it is perfectly balanced in terms of ratio. I only took profit there as I suggested I might in the previous thread linked below. I didn't go short. But now it has printed a choppy ascending channel that can be a sign of upside weakness and the potential distribution shifting from bullish to bearish. Notice also that it may have topped within the retracement Golden Window; peaking at the 0.786 overshoot ratio. If the retracement has topped then that is more perfecto ratio. This whole bull trend has been the process of an ascending wedge with the top being that of a blow off phase. Due to this I think this should at some point capitulate through the lower trendline. In the end I think this will capitulate down to Accumulation support @ $116 and may even get back to the retracement Golden Window with the 0.618 @ $72. This may yet wobble around and could even print a slightly higher high, but it looks cooked I think and worth a short. If this plays out then buy-late-HODL-dreamers are going to get smashed. Client call: Not advice Shortby dRends35Updated 668
TESLA STOCK: WHEN WILL WE RALLY? (JUNE 14, 2024 Update)An update to my last Tesla video I made on May 21. Following the shareholder meeting, sentiment has improved substantially BUT Tesla must clear this hurdle before entering a multi year rallyLong19:13by Jonalius10