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 615615343
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 Todopoderoso777
Buy now, you may get paid later Affirm is coming after PayPal’s BNPL market, Apple Pay integration later this year should start to translate to higher revenue in 2025. This stock was crushed when interest rates increased aggressively. As we approach the end of that cycle, Affirm will probably sky rocker in value. Now to the charts, massive cup and handle pattern forming on the weekly. Failed breakout from the downwards parallel channel. Whilst we are in the golden pocket, we could retest the weekly level just below. I’ll be laddering in from here down to those levels. A lot of patience required with this stock. This is not financial advice, just a trade idea. Longby NoFOMO_883
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GameStop, facing declining brick-and-mortar sales, became a target for short sellers who saw its business model as outdated.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 187187717
$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 525223
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-Conduct660
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 6611
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 Bixley8
IEX WEEKLY CHART / LONG TERMI kindly request your valuable feedback on the accuracy and validity of my learning and research. Furthermore, I would greatly appreciate any suggestions on areas where I can enhance my skills and knowledge. DISCLAIMER: The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events. I am not a SEBI registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions. Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions. Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions. Longby tradinglifeline114
COINBASE Short-term Channel Up targeting $284Coinbase (COIN) has been trading within a short-term Channel Up (blue) ever since the bottom on the 4H MA200 (orange trend-line) and later turned the 4H MA50 (blue trend-line) into a Support too. Yesterday the first 4H MA50/ 1D MA50 Bullish Cross was formed since February 29. As you can see this is approximately the same pattern that was followed after the February 09 bottom on the 4H MA200 and its first Target was the Resistance coming of the previous High. This short-term Channel Up leads straight to that Resistance as part of its next Higher High, so our short-term Target is $284.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot3314
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 6
SAIL - Reversal pattern in action!Monthly Time Frame: Overview & Observation: 1. CHange in price structure from LL-LH to HH-HL 2. Good volume support 3. Bouncing from weekly demand and fib support zone. 4. Expected to continue to move higher. 5. Earnings are weak though! Trade Plan: 1. Entry = cmp 154 2. Stop Loss = 10-12% 3. Target = 40% - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova3961114
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
AvantelWonderful breakout from consolidation price range + Good order book + Good results last year + Tailwinds in sectorby puneetch316
NOW channelThis is the channel that I drew for NOW. I am publishing as an example to my friend of how I draw channelsEducationby John_Schoolfield111
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 JpDizzle4Shizzle7
NVIDIA Corporation _ Under _ Trading _ Venue _ NASDAQ.NVIDIA Corporation _ Under _ Trading _ Venue _ NASDAQ. So many wrong moves! We move slow as lots of lower data are missing! $141.97 $152.18 Distribution price: $162.17by Skill-Knowledge-Conduct775
some even anticipating a $10 trillion market valuation by 2030Continuously monitor Nvidia's financial performance, market news, and analyst reports. Be prepared to adjust your holdings based on new information, such as quarterly earnings reports and industry developments.Longby Super_B_XinR114
EXIDE LEVELSEXIDE Industries has been trending since April and is currently in the final phase of its uptrend. It reached a high of 549.90 on June 13 but did not surpass that level. However, it's important to note that it touched the trendline and resistance level of 549.50, which is why it fell back to 542. Nevertheless, the stock's volume and strength have been well maintained. I anticipate it will break the trendline and resistance once more to reach its uptrend target levels of 630-680, as indicated in the chart.by k3103delhi4
Indus Tower Ltd.*Indus Towers Ltd* *W* Formation on Yearly Basis. P&F on Monthly Basis. Price BreakOut Needed & to be Sustained. Multiple Resistance Marked. Strong Vol Consolidation in past few months. Continued Traction required. To be Watched. RSI: 1H <D<W=M. However, all in Bullish Zone but Hourly TF. EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Weekly TF. Telecom Sector Picking Up. Rollout of 5G gaining pace. Vodafone dues payoff will be a huge trigger for re-rating. *Trail SL with Upside* *Book Profit as per Risk Appetite* *Do Your Own Research as well. This is an Opinion* *_Happy Investing_* 🤓Longby IdeasNeosagi3
#juva Kamanwala @ 18.31 Big breakout of very strong resistance Expecting big move very small mcap stock is risk is very high HERO ZEROKLongby mehulsan77220
ICICI BOTo provide a comprehensive CANSLIM analysis for ICICI Lombard General Insurance Company (ICICIGI), I will need to evaluate the company against each of the CANSLIM criteria. Given that I don't have real-time data access, I'll illustrate the process using hypothetical data. You can replace the placeholders with actual figures from recent financial reports and market analysis. ### 1. Current Earnings (C) **Criteria:** Quarterly earnings per share (EPS) should show at least a 25% increase. **Analysis:** - Suppose ICICIGI’s latest quarterly EPS is ₹10 compared to ₹8 in the same quarter last year. - EPS growth = ((10 - 8) / 8) * 100 = 25% - **Conclusion:** Meets the criterion with a 25% increase in quarterly EPS. ### 2. Annual Earnings (A) **Criteria:** Significant annual earnings increases over the past five years. **Analysis:** - Suppose ICICIGI’s EPS for the last five years were ₹5, ₹6, ₹7, ₹8, and ₹10. - Annual growth rates: 20%, 16.7%, 14.3%, 25%. - **Conclusion:** Demonstrates consistent annual earnings growth, meeting the criterion. ### 3. New Product, Service, or Management (N) **Criteria:** Presence of new products, services, or management changes driving future growth. **Analysis:** - Suppose ICICIGI recently launched a new insurance product tailored for SMEs and appointed a new CEO with a strong track record. - **Conclusion:** Meets the criterion with significant new initiatives and leadership. ### 4. Supply and Demand (S) **Criteria:** Strong supply and demand dynamics, often indicated by trading volume. **Analysis:** - Suppose ICICIGI’s stock has shown increased trading volume in the last quarter, accompanied by a rising stock price. - **Conclusion:** Meets the criterion, indicating strong demand for the stock. ### 5. Leader or Laggard (L) **Criteria:** The stock should be a leader in its industry, often reflected by high relative strength. **Analysis:** - Suppose ICICIGI is one of the top performers in the insurance sector with a relative strength index (RSI) of 80. - **Conclusion:** Meets the criterion as a leading stock in its industry. ### 6. Institutional Sponsorship (I) **Criteria:** Presence of and increasing institutional ownership. **Analysis:** - Suppose institutional ownership in ICICIGI has increased from 20% to 35% over the past year. - **Conclusion:** Meets the criterion with strong and increasing institutional sponsorship. ### 7. Market Direction (M) **Criteria:** The overall market should be in an uptrend. **Analysis:** - Suppose the Nifty 50 index has been in a bullish trend over the past six months. - **Conclusion:** Meets the criterion as the overall market is in an uptrend. ### Summary Based on the hypothetical data provided: - **C (Current Earnings):** ✅ Met (25% increase in EPS) - **A (Annual Earnings):** ✅ Met (consistent annual growth) - **N (New Product, Service, or Management):** ✅ Met (new product and management) - **S (Supply and Demand):** ✅ Met (increased trading volume) - **L (Leader or Laggard):** ✅ Met (leading industry position) - **I (Institutional Sponsorship):** ✅ Met (increasing institutional ownership) - **M (Market Direction):** ✅ Met (overall market uptrend) ICICIGI meets all the CANSLIM criteria, indicating it could be a strong candidate for investment based on this strategy. To finalize this analysis, please replace the hypothetical figures with actual recent data from financial statements and market analysis reports.by IITIAN_TRADER2
EMIL Chart analysisEMIL is showing ascending triangle formation. It is at the verge of breakout.Longby mystery_indian_Trader2