GME - I took my profitsClosing under 47.50 will be a nice short.... the stock made a new monthly high so a movement until august, with a 2 weeks reaction #gmeShort01:52by dpopovici6
GME new bullish momentum LONGGME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below the POC line will be the initial stop loss to be moved to break even upon a price rise of 10% from the entry and then changed to a trailing loss of 10% upon another 10% price rise. I believe that GME is heavily shorted; Accordingly, a short squeeze could add to the push higher.by AwesomeAvaniUpdated 161630
GME Gamestop - Diamond bottom forming - mega cat ear? GameStop may be forming a "diamond bottom" pattern, signaling a potential bullish reversal. Traders are also buzzing about a possible "mega cat ear" pattern. Keep an eye on those charts!Longby Diamond-hunterUpdated 1117
GME Bullish Setup Jun 6-7th Update#GME had a very strong close today, hitting my Main Target box to the penny! #TTR was long #GME (again) from $24.54, we are 50% out today, near the highs, holding the rest for Friday. #TTR was also long GME from $13.01 and we exited the most at 64.54, 57 and 51 on the main gap up day! #TTR is also long #AMC, all the targets were posted Longby TheTradersRoom5
Bull pennant into next weekWe were able to get back into the pennant today and it just bounced off the bottom line. Up we go!Longby kbra94
$GME 4Hour Chart Bearish case: NYSE:GME 4Hour Chart Bearish case: - 9/21 EMA cross down(9EMA-green, 21EMA-red) -Price made new lower low -Price below Anchored VWAP (Black Color) *If price stay below resistance level market in RED then there is a high probability of price going to $20 nextShortby CryptBo885
$GME GAMESTOP... HAS THE GAME STOPPED?NYSE:GME Gamestop broke out of it's falling wedge after 3 years of a downtrend from an all time high of $120 - Weekly Timeframe. At the breakout of this falling wedge, #GME distorted it's downtrend to start an uptrend! Currently! Prices have retraced to supports around 24. To maintain this uptrend, price action has to remain supported btw $18 - $24 Else next support around 10 could be retested. Maintaining key support around $24 will allow for much higher prices in the future. NYSE:GME Up resistances: 39, 58, 79, 99, 120by Ifiok-2sydes3
GME - A local Higher High is LikelyHello all, just a man following those pennies. The structure I am seeing on GME hints at a likely higher low to form Thursday (6/13/24). I do believe that there's a significant likelihood we see a bullish sweep, and looking at this overall structure I do believe a higher local high (above $34) will be made. However, the long-term picture of this, suggests a likely fall in price after this next move. Will be watching to see how this pans out, but I plan on taking a low risk trade in the Morning given pre-market isn't a slaughter below $22.85 range. Who knows, sometimes GME moves so fast and with such volatility we could gap up with insane momentum within the first few trading hours leaving me unable to take this trade. Even if I were to go short via puts/stock on the rise, the risk and gamma squeeze would leave me disinterested. Let's see how tomorrow opens. The pennies suggest a higher low. have a good one :)by ThePennyManUpdated 224
GME idea So this dude has 120,000 $20 call options expiring June 21 and 5 million shares he purchase at $22 average or around there. he has not sold a single share or option , the company announced earning earlier than expected and said they will offer and issue 75 million more shares. So on Friday the price went as high as 48 and ended the day at $ 28 . The dude saw millions of paper loses on his position and didn’t even thought about selling a thing . So that brings me speculative conclusion. In order for both GME CEO and Roaring Kitty to screw up the shorts they need to be together on these play . Next week GME CEO needs to make an announcement about part of the 75 million offering being finish and that they will not sell more shares until later that could bring the speculators back in the game . with roaring kitty still holding he can say he is waiting until expiration date to exercise his calls and buys 12 million shares off the market that would be crazy and speculators will want to buy shares before he exercise his options . Ryan is a smart Man and this is a big oportunity to raise billions for the company and putting himself on a good position as a great CEO . That’s the first scenario . The second one is . Ryan and the shorts are working together on screwing up the company. If that’s the case roaring kitty will have no options but to sell his calls and sell his 5 million shares , that would be devastating for the stock since all the holders will lose faith on the stock and could potentially fall down to $10 or lower. There is more money to make to the upside if GME ceo plays his cards right either he sells at $ 120-150 par share or rides with the shorts down to sub-$10 . That’s a possible 4-5x on the upside if the short squeeze happens . This is not a financial advice, this is just my personal opinion .by Todopoderoso3
GME MovementGME tested resistance then found support and quickly back up to test resistance again. It seems as if this could potentially break through resistance and find support on the Gann fan for further movement upwards. The other plausible explanation is trending between the two current Gann Fans which is the second outlookLongby Dale_G4
About to find A New Moonwe started the accumulation phase. As they continue to hold the float actually gets smaller. THIS COULD BE HUGE!Longby DonFronShow3
Trade Like A Sniper - Episode 27 - GME - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing Gamestop (GME), starting from the 4-Month chart. If you want to learn more, check out my other videos on TradingView or on YT. If you are interested in private coaching, feel free to get in touch via one of my socials.Education07:31by Road_2_Funded4
$GME Healthy Gap up then 50% pullbackThis is the real deal. So nice they're running it up twice... impossiblebull chart is 2 months old and his "equilibrium" is my current target around $50. Shares>Calls for myself as I'm late imo. But room to run is there, and hype is back. VIX is up in other news... Longby Prophecies_R_UsUpdated 4412
GME (Gamestop) - The Markets Most Underestimated CompanyGamestop is NOT a brick & mortar store. Gamestop is a Tech company. Throughout history it has always been Gaming & Arts that have driven the adoption of new technologies and inspired new communities by pushing the boundaries of imagination. GameStop has cemented itself as a pioneer by becoming the first household name to embrace blockchain technology and explore the realms of Web3 Gaming, NFT's & Crypto. Web3, NFT's & Crypto empower creators & gamers allowing them to participate in the development of the metaverse where they can share & exchange their in-game assets. NFT's allow for verifiable ownership of in-game assets which opens doors for gamers to monetize the time they put into gaming and create markets for their in-game assets. ---- Lets use Call of Duty as an example. A game filled with all kinds of weapons & different levels of power & accuracy. Imagine if there was a gun that had 100% accuracy & 100% power from any distance. Now imagine if there was only 10 verifiable copies of this gun in the game. How much is this gun worth? Now lets assume a viral streamer like Ninja were to own a copy of this gun. How much is this gun worth now? Answer : A lot. --- GameStop is positioned at the front line of this movement and has sparked a massive wave of innovation encouraging companies & gamers to explore new possibilities that will transform the gaming industry and force other companies to adapt or be left behind. I repeat Gamestop is a Tech Company.Longby xx1337Updated 171768
GME Gameplan for tomorrow June 7th, 2024.GME has a long term BAT pattern from ATH, which should lead it to 108.12 eventually for pattern completion at .886 fib. However, there is also a short term BAT pattern on GME, which started on May 14th 2024 (80), and takes it to 72.90 for BAT pattern completion. Tomorrow I think we will hit that 72.90 in early morning, and then retrace 38% down to 54.68. This 54 is the level that GME has to hold for it to take it up to 108.12Longby Lucky4Trading2
GME CRAZE ! YOU IN OR OUT ???Traders! People! Home Gamers! What ever you want to call yourself, let's have a little excitement with trading and talk a little about YES, GME. You can't be a trader of any kind and ignore this craze. Meaning, you can't help but have some kind of interest in watching all this unfold. Whether you believe any of it or feel it's all a put up hoax in the world of Wall St, let's just enjoy the entertainment for what it is. Let's pull up some charts and look this thing straight in the eye and decide if you are willing to take on a possible money opp or not. We broke out of a resistance area on the 15min chart. There is a big supply area starting from 41.67 to 56.75. With that said, is it not a long trade here? Sure looks like it. Ok, where should a trader get nervous after being long? I would start to really watch my 15min chart for any kind of selling pressure starting around 41.67 area. Big zone stretch up to 56.75. If price were to break out past that then that's a story for another day. Let's first get to these areas and we can have another talk at that point, in the meantime please trade with caution if you choose to venture into this stonk and remember June 24 is earnings report. Best of luck in all your trades and remember to trail a stop with the sar or 10ma or both. Cheers to: "I just like the stock". Meow.Longby Trade-FarmerUpdated 444
GME buy at 42 sell at 85 - easy 100% - pure technical playGME is going up on a very high momentum and volatility, very emotional market with very clear Eliott Wave patterns It seems that possible pullback today is a great buying opportunity around 42 USD. Area of 85-90 USD is a good place for a local top. Longby rafbie2
Gamestop WatchGME is the most talked about name in the market at the moment with the roaring kitty saga. We have it on high watch. Our premium indicator nailed the initial move and gave two blue continuation bars which captured the last move. Although we believe the "squeeze" is likely through, we will be watching for another continuation setup to punt over the next week. by Algo_Edge2
gme long Hey, I've been watching the chat but don't yet have the karma to get into chat yet. so Here I'm publishing an idea. looks like we've been in the upper bound of vwap. i don't really know what that means but I think gme is going to touch 30 today and bounce back down. Longby spethoscope2
Let him cook. Let him cook. Who wouldn't lend a hand to humble the billionaires who screw retail traders. Longby McllroyCharleeUpdated 1
GME - BULLFirst shot on this Bull has arrived Here is a prediction for you all given the fact that the movie #Dumb #Money is out. This has 3 targets and yes it has officially just started. I would expect a drop to 10 with confirmed lower structure for the hold and switch. All relevant structure is applied and you will see what it does at each of the points so feel free to follow along as a demo of my plugin (#UBS). #GME #BULL I will add to this as the idea develops... The targets are Time-frame specific likewise the stops...Longby elitetechfx-dailyUpdated 111128
GMEIf NYSE:GME can continue closing above 33, has Monday's open capitulation area to reexplore as well as 48.75 gap from MayLongby jhonnybrah9
Is GME repeating the January-February 2021 Sneeze?This is not financial advice. It's actually smooth brain AF and I don't believe in trading bar patterns but hear me out, this shit looks mighty familiar. #GME #DFVLongby HotsauceShoTYME3310