GME STARTED TO TEST NEW LOWS: STRATEGY SHORT Sue. This Market seems to be volatile and very difficult to trade. Scalping?Trend? Range Trading?.... Well ... I just look for volume areas, where the market is testing the forme false breakouts... The minor short term has just started. Overall Average Signal calculated from all 13 indicators. Signal Strength is a...
Pull back before earnings then I think it’ll crash suiiiiiii
lets see what happens :) i think this will, however it could not
feel like theres still some upside before a lower drop lets see what happens
They will moon together as both are largely owned by institutions and retail and nobody is selling. That combined with 66 billion worth of shares that are shorted by citadel but not yet bought will launch the rocket.
* NFA * GME meeting local uptrend support. Hedges are trying hard. I personally will add a small amount to my holding at this pint. #apestogetherstrong * NFA *
GME is in NFT and will be in Metaverse where they will have virtual shops where people can buy games and play virtually. If that happens then get ready to see 700-800 range.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. We're either finishing C wave to 22.22 or moving on up to new 5th wave to 769.
GameStop saw a $60 jump today in price. However, it is still below the 200 Day MMA, so I am not sold that it is the beginning of another pump yet. It could have been just a pump fake to shake out the retail traders. If so, we will likely see a Bull Trap tomorrow and then a dump. But if it is the beginning of another pump run, then tomorrow it will continue...
My chart showing possibility of crazy bounce near $160 tomorrow. Monthly blue lines still never touched and last day to touch is Friday. I see it as a possibility , let’s see
hits the support good entry for a buy. but if broken it's going down to the 90/100$ area imo I would just trade it and not hold this reason, to risky right now
Here's my analysis on GME. It's been weakening for a month and we just got a death cross. Not a good look. Headed down for the foreseeable future. Must hold at Support #1. If it can hold, that's a good sign. If it breaks below that, it's gonna be a LONG summer. If you're still holding at that point, I'd probably just HODL and move on to other stocks and wait until...
If 170 does hold, I wouldn't put it past GME to follow this upwards formation.
Could be today? Share your opinion in the comments. * This is not financial advice.
Looking at the 30 minute chart, we can see that $GME is forming an inverse head and shoulders pattern. However please note that prices are yet to break above the confirmation line which is right around the 220.00 area. An important factor to note here is that the right shoulder is forming above the 5DMA and the slope of the MA is positive. I therefore expect...
TECHNICALS Elliot Wave Theory Fractals look consistent so far Volume is rising since mid-January, meaning continuation (better seen on the 1D chart) Stochastic + MACD indicators showing BEARISH on 1hr chart, but BULLISH on 2hr/3hr/4hr timeframes. SUPPORT LEVELS 176 157 (lowest level I expect it to go down to) 116 85 FUNDAMENTALS Quadruple...