GameStop (GME) • Gravity steps in soonI think GameSpot is done. We are going to see significant pullback from here.
Volumes are looking exhausted and there is no more steam to prop this up. All depends on the short interest and institutional interest to squeeze shorts up.
Overall there are several good reasons why this should go down (hard) while only one for this to move up.
GME
HOLD ON TO YOUR ALT COINS...(BULLISH)FOR THE RECORD IM NOT A BULL.. I SHORTED ETH FROM 4350 ONLY 20 DOLLARS FROM THE TOP..
A SHORT LIQUIDATION EVENT IS IN THE WORKS..
IMPORTANT!!!: TARGETS ARE JUST AN ESTIMATE.. MY POINT IS I BELIVE WE ARE STARTING A 3RD ELLIOT WAVE UP ( 3RD WAVES CANNOT BE THE SHORTEST WAVE )
AAPL - BULLISH ASCENDING TRI?Looking to follow APPL closer here 3 outcome all bullish (without some crazy market crash). Looks to be a large bullish ascending triangle overall.
Buy the uptrend sell the top until we can break out would be my suggest. If SPY hits where I think it might around 230s maybe less (there is a rising wedge still on SPY despite bullish outlook today).
Will update later.
KIRK - KIRKLANDS LONG TERM UPTRENDAll,
I think we see a big bounce here on Kirklands. Long term up trend support + horizontal support and brokend downtrend with just one more to go. Even a short term option play should pan out to $26 range. Looking for 30+ just have to see. Market as always needs to be on the same side.
"FORGET GAMESTOP"... I set my share price. I decide when to sell my shares.
Buyers at those crazy levels? yes.
DTCC computers burning hot trying to buy every single share available in the market.
When shorts start to cover the ticker will move up and up and up... and those are the levels that i am looking for:
1250 - GME surpasses Wolkswagen short squeeze.
3141.45 - GME surpasses Amazon all time high.
6969.69 - SEC will finally pay attention to GME as we hit a porn number.
42069.69 - GME hit a meme number and become the meme king stock.
208571.00 - You can sell 1 share of GME to buy the cheapest Lambo in USA.
420420.69 - GME hit another meme number and surpasses BRK, become the most expensive stock class A in the world.
20000000 - Infinite Pool ...
Guess that if we follow MSM advice and forget about Gamestop the infinite pool is a certain thing.
The power of HOLDING.
GME MOASS SHORT SQUEEZE INCOMINGPlease note i am not a licensed advisor. I study charts with my free time. Im sorry but there is no other way to say it except GME ROCKET INCOMING.
This may be the last couple weeks give or take to get GME at a significantly low price. I myself will be buying.
I hope you all have a blessed weekend!
AMC - DUAL PATTERN IDENTIFIED NOW - DIAMOND TOP AND SYM TRIANGLEAll,
I think we now know the correct AMC pattern part of the thing is trying to figure out what exactly is the supply and demand on these or really any stocks over time. I think we are leaving a diamond top into the larger sym triangle which I guess overall people can call a pennant etc.
GME accumulation, ready for a move up- GME is accumulating and ready for a move up, short term target of 434$.
- Bollinger Bands are contracting, signaling a trend reversal and possible explosive move, similar to the 40$ range GME traded at in February.
- Bullish Double Bottom at 200$.
- MACD turned green on the 4H Chart.
- Gap at 300$. GME likes to fill gaps in a relative short time.
- Possible bullish NFT news this month.
GME Bullish pennant breakout?It looks like it's getting out of bullish pennant.
Waiting for the confirmation here.
It can break the trend on MACD and Divergence Indicators. RSI + MF are looking quite good. If it breaks over the resistance it's going to fly again.
After the last drop I've predicted in the linked idea I think this is the moment to look for an empty seat on the train.
Good luck guys!
Close Above June 10th downtrend = Ready for Next LegWe finally closed above the June 10th Downtrend on 2 days of the lowest volume in the last 12 months.
No one is selling.
Last time we closed below 200 was May 24th, a full month of 200+ price action.
NFT news release soon? Some people seem to think so.
$AMC Priming for a Boom or Bust? AMC forming a nice bull flag on the 1D chart that I have been watching for a while. RSI on a 1D chart looking bullish IMO with an upward trend in RSI since January of this year. MACD Divergence and consolidation occurring on a 4HR chart, also giving me confidence of a significant move incoming. ADX & DI contractions are healthy signs especially considering we have respected the range of the bull flag with healthy consolidation. Assuming the bottom trendline of the pennant holds, as well as staying in bound with respective moving averages, looks like a pop or drop scenario, but I am definitely leaning towards the pop side, given the technicals. Reminds me of the GME consolidation phase after the pop to 485.
Few ways to play this depending on your risk tolerance, strangles would be nice plays if youre just looking for the volatility. Maybe vertical spreads if you want to take a conservative call option position. I am personally taking the bull side with near the money calls with the most gamma exposure which would be $60 strike calls. GLTA
AMC - PART 4 - LOL 62-65 PT EOW All,
I think AMC is just bouncing around for now in a rectangle, that being said it actually appears this next test up at 64-65 in theory should break. Regardless we broke out of the wedge so I think we see 62-65 end of week. Obviously this can change given the mindblowing "shorts"