This adds to my previous post regarding pre-earnings buildup. MACD and sRSI indicators are showing copycat trends with the last 2 pre-earnings buildups. The white lines mark my best estimate at "equivalent" days in the cycle. This could get interesting. Or not. Heck if I know. Good luck. Don't listen to me. PEACE
Just saw this. look at that volume pattern..... Anyone remember what happened on 2/24? Definitely not gonna happen today. (would be fun though...)
Previously, many (including myself) have noted that GME has a curse regarding an inevitable crash after earnings. What no one seems to mention is that there seems to be a consistent buildup pre-earnings for several years now, even when GME was at it's all-time low. More recently, this seems to start roughly 2-3 weeks before the expected earnings date. Corporate...
Wanted to post this a while ago. There seems to be a loose correlation in price trends between DOGE and GME. Now, of course, this is nothing new - the thing that stands out to me is that the price movements for DOGE seem to predict price movements in GME. Obviously, the timing varies anywhere from one to several weeks, as does the magnitude - there are many...
At this point, I am skeptical that my last two trend comparisons will continue as they were. One thing I have seen, with some consistency, is a tendency towards a pre-earnings buildup. I think it's getting to be around that time. Of course, now that I've pointed it out, well, it will likely do the opposite now. Don't listen to me.
Heading for a little runup? Purely superstition, but so is everything else. No science in this industry. Anyone who tells you otherwise is selling something.
Provocative it has turned out to be. I am especially intrigued by the similarities in MACD and sRSI. *IF*, and I really mean >IF< (!!!!!) it continues to follow this trend, then tomorrow should be.... "interesting". But don't worry, it won't. Just look at my post history. These things never last. If I really was good at this, I'd be on a beach somewhere now, with...
This is for entertainment purposes only. Just some funky curve matching. Would be provocative if there was a big spike tomorrow, though.
Strong similarities here - Volume, day of week, price action. If it continues to follow: little bump in the next 30 min, approaching earlier high, then down for the day. likely boring monday. then up Tue-Thur. I do not think it will repeat like this so cut and dry - they never do. Only pointing out this repeat. Of more interest - this may start a trend with...
I closed my position before earnings, due to the well-known earnings curse. But.... now, I wonder...... I will admit I was surprised that the price held steady this morning, and even more surprised that it immediately began it's recovery. I was expecting a death spiral through close, at least. But no - just the opposite. Immediate recovery? What? Why?...
Looks like doge is about to blow up - the pattern that has been repeating seems to be reaching it's endpoint. Good luck. Not financial advice.
This might be old news to some of you, but there are definitely some underlying trends that are repeating compared to last summer. The timeframes seem to be roughly doubled... and possibly extending as we go.
This is just for the novelty of it. Price action and volume of the past month or so has been mimicking the chart back through 2019. Not really predictive, since they both end at pretty much the same place. But who knows? Maybe the next few weeks will map out the next few years.... Most assuredly not financial advice.
There are some interesting similarities between today, August 23, 2021, and May 24, 2021, that may be worth noting. Specifically, the MACD and sRSI patterns. Price action over the last few days is also similar. And..... if you are one of the folks who happens to subscribe to any of the T+ theories, or long term effects from major options days, well: both days...
So yes, the runup isn't as dramatic, but seriously - look at the sRSI, MACD, and volume patterns. geez.
Naturally, as always, this is conjecture/speculation. ("Anyone who ever says otherwise is selling something." - Dread Pirate Westley) I was looking for something in the past that matched our current sRSI pattern. Specifically, how the lines crossed going up, diverged, converged, then started diverging again at the overbought mark. Most recent time it did this was...
Good morning, traders. Todays date is 5/17/2021. Todays forecast is a slight bump in the morning, followed by sideways trading for the rest of the day. As always, please keep in mind that this is entirely speculation, and probably less accurate than a weather forecast. Remember what your mother told you - too much speculation will make you go blind. Save...
Didn't notice before, but when adjusting time scales to line up the patterns and zooming out, the crashes from previous big run-ups line up almost identically. Quite the insane coincidence.