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GME

GME and the MediaGME tested strong high-volume support from March and earlier in 2021 and bounced up sharply off the ~$122 level rising to ~$174 in the AH yesterday. The AH spike occurred at a time when most retail was not in the market, likely to avoid FOMO and more specifically to effect the IV in a manner to curtail potential options trading by retail and other players in this equity. Smells of desperation. And the OBV for GME is amazing and continues to show that nobody is selling even during significant price drops. GME bulls will just not let go of their shares. Further, the Woodies CCI indicator had a fairly extreme reading this week and with the sharp bounce up off support, it appears that the near-term bottom may finally be in... In terms of the recent media coverage I heard it was "bad" for GME. I don't watch the media much if at all, but trading wisdom has always dictated that traders should 'SELL THE NEWS' - meaning smart traders will often buy/hold on bad news and sell on good news. Based on the OBV it looks like the smart money is adding and holding through this recent bad news...so am I. Not financial advice.
NYSE:GMELong
by Akksujean
2
$GME JAN PUMP starts next Monday!oh hello hello hello there my fellow GME CHADS! I expected price action to be flat (-/+5%) the past two weeks, and i still think that is possible if we have another up day tomorrow. I originally anticipated the start of the Jan Bull Cycle to begin on 1/10 and nothing has changed that! If anything, the aggressive shorting made me even more bullish for the PUMP!!! Remember buying fear is the way to go and right now the bears and MM are tryna install a lot of fear in us GME CHADS but as GME Diamond Hands CHADS we dont sell or get fearful, we buy the dips!!! This was a wonderful dip for me as i loaded up on some $160 calls that are gonna turn into lambos after this GME JAN PUMP!!! Buy your moon tickets now CHADS and remember the shorts never closed!!! NFT MARKETPLACE, 0.5$ puts exp soon, DRS!!! Lots to be excited for this coming year my friends.
NYSE:GMELong
by FibTriangleWavesForDayz
2
GME - FOMO vs. Accumulation GME daily chart showing confluence of trend lines going back to and beyond the pop that occurred early last year. The price appears to be holding/reversing at these levels. Volume indicator (VAPL-CM*) showing significant accumulation of shares recently. This bullish volume is occurring after the drop in price and isn't FOMO buying as occurred back in June and July 2021 when GME bulls chased higher prices. Indicates 'smart money' or at least long hedges are accumulating this equity in anticipation of a price surge. And the price has held up well despite what appears to be new massive shorting that occurred in late November/early December 2021. Direct registration of the GME shares may be playing a role in this more recent volume dynamic, and overall daily volume remains very low, however the OBV (not shown) is still pegged to the ceiling. The BBs are getting tight again but have a little further to go IMO before a blast off will occur. With many put options expiring OTM later this month - expect some significant price movements to the upside... ~1 to 3 weeks. Not financial advice.
NYSE:GMELong
by Akksujean
3
GME to $100K is no joke (not financial advice)(i like the stock)Even with the price tag GME has now it has been holding consistent volume vs. its past average for 2 decades. With the recent run up to 500, GameStops volume soon plummeted after it failed to continue its parabolic action upwards. As fear ran rampant through retail due to absurd actions made by HFs and the United States Government in direct result to GME's price action, volume fled. Regardless of the high price and clear manipulation, apes have stayed confident. Confidence is what will lead these apes to their victory. The APE mentality is truly something unprecedented. -10% day? OOh buy MoRe. -25% day?? HUGE DISCOUNTTTTT!!! Apes are no longer saving money. Apes no longer desire millions of dollars. Apes have become obsessed with acquiring GAMESTOP SHARES! The price isnt real they say.. We knows its true worth!!! (noThing shy oF 57 million per shARe) Jokes aside the accumulation at these levels is extremely impressive. Considering the DD on this stock and that GME has traded at over $50.00 in the past, I say PT of $100,000 SIR WHY IS YOUR PRICE TARGET SO LOW IF YOU TRULY EXPECT THE SQUEEZE TO CONTINUE TO URANUS!!!????? WEll ladies and Gentlemen, I expect the FeDs to certainly crash this party early, in fact i think 100k may be too greedy. I think we can expect weekly or evenly monthly halts on GME as soon as the real money starts being made. If the feds dont step in.. brokers will.. They will remove the buy button again as usual.. and thats fine. but who is to say they will even allow you to sell your shares? What if they dont actually own your shares (congrats to the folks who are DRS'ed) ANyways, goodluk apes. 100K by 2025 and Ken, if you see this, i hate you. merry christmass you Jack*** :D -Sincerely Your Personal Future Loan Shark
NYSE:GMELong
by Trexarch
8