testing new idearoaring kitty dresses up as a cat and meows for 30 minute straight
GME will go to the moon
GME trade ideas
Gamestop: May Vs Now UpdateI THINK the ABC wave has completed to match the May chart and we go up from here.
whats wrong with gamestop?nothing more than usual. the price will usually have major fallout from large distributive bull moves that fail to break through resistance when it double tops at monthly or weekly highs. this is still a beloved name for a lot of investors that will probably continue to be volatitle. i would long if we break through this daily cypher, and take profit at the Be-Ob level marked out here. i would stop out if we fall through this ChoCH level marked out below. this signals accumulation. not expecting much action out of this until we regain the weekly uptrend, or lose the monthly higher low.
GME - Gamestop Squeeze Imminent: History Repeats ItselfBelow are essentially identical paths I've been tracking from around $20. I think we are completing the cycle for the next large leg up.
things may get spicy soon 🌶️🚀boost and follow for more 🔥 GME had a trend resistance zone break, retest, short trap below local support zone as the retest happened as well.
I Like what I'm seeing, my moon senses are tingling ;) looking for a explosive rally to 30-40-58 once we can close above 19.74 long trigger 🎯
GME break out in 15 trading daysBased on DD going back to the last squeeze, when compared side by side with AMC/VIX we appear to be right on schedule. The vertical lines represent the lows and highs on RSI going through this pattern/cycle of events with a side by side comparison for visual reference W/ AMC of 2021. If we continue on mirroring the sequence of events that began the 2021 squeeze, we are apx 15 trading days away from MOASS.
My strategy is to ride these calls to past resistance levels (23/24/25/30) until we see the pull back, sell the top, buy again at support, then ride these puppy's into MOASS.
I wish you all good luck, NFA.
pretty straight forward.
APE OUT
GME MOTHER OF ALL SHORT SQUEEZES $85 4-HOUR CHART AND ELLIOT 4-5The target is all there on the chart.
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I am the stock wrangler.
GME SQUEEZE %100+GameStop is nearing the completion of its consolidation, approaching the daily 100 EMA. Should it surpass this threshold, the price may escalate rapidly, which often aligns with Bitcoin achieving new all-time highs. I anticipate it will not fall below $20
$GME about to blowThe last time the MA200 ascended from a golden cross was in September 2020 and it is currently ascending from a golden cross that started in May 2024.
Looking at the first volume spikes starting in September 2020, if we are repeating now and the shorts haven't closed we should see about 4 times the volume now because of the split. Looking at the volume in May, it seems about right.
Not advice, only my opinion, you must do your own DD and what is best for you. You only live once.
GME GameStop - Short Squeeze in the Making!If you haven`t bought GME before the previous breakout:
Now you need to know that GameStop (GME) is creating a buzz in the options market, especially as it gears up for an exciting week ahead!
After experiencing an astronomical increase of over 121X in less than four months in the past, GME has captured the attention of traders and investors alike.
This dramatic surge in price has raised speculation about the potential for another gamma squeeze, reminiscent of the impressive rallies seen in the past.
With calls at the $125 strike price set to expire on January 17, 2025, there's palpable optimism in the air!
The notable volume of these calls suggests that investors are positioning themselves for a significant move.
Traders are eager to capitalize on the momentum that GME has built, especially with historical patterns indicating that such surges often lead to increased volatility and price spikes.
The options chain for this Friday looks extremely bullish, with an uptick in activity signaling strong demand for GME calls.
The convergence of high open interest and the upcoming expiration date has the potential to ignite a new wave of buying pressure, further fueling the chances of a gamma squeeze.
As more traders enter the market, the cascading effects of rising call prices could push the underlying stock higher, benefiting those who are well-positioned in the options market!
Potential Diamond TopThis will allow GME to move down to wave 4 of the elliot wave before starting back up again to wave 5.
Bull Pennant on the 4hrTracking this monster Bull Pennant on the 4hr. Trend based Fib ext, is projecting a breakout to the $58-$60 range, with no current ceiling in place above the $28 mark on the 4hr. If GME breaks above $62 on the daily, the next stop will be $87... Stay tuned.
GME looking very goodGameStop probaly will start rising soon!
Im bullish on many of the risk-on assets.
MOASS: Fuse LitTLDR of the video:
-Price has likely bottomed
-Short Volume is increasing as predicted
-Price should rocket through VWAPS
-Next significant price levels: 22, 25, 28, 40
-Price should be in full squeeze mode once we get above 28 and definitely 40
-Manage your positions by watching short volume and price reactions to VWAP
M O A S S
GME Hit Perfect Diamond BottomI drew the purple Diamond and the blue extension out last night and did not adjust anything since.
This jump from the diamond bottom also crushed through the long term trend resistance. If it holds above, this could be the start of upward movement (I have no idea about squeeze requirments etc.). This is just plain old TA that worked on GME this time.
Upcoming C+35 Calendar Event from Volume on September 20thJust a simple visualization representing the C+35 date of the September 20th spike in volume. I'm not necessarily expecting anything to happen on that day, but I am testing to see if C+35 on large volume spikes affects the stock.
GMEWorth a shot...
Current position: Jan 25 22C **small position
This is a higher risk trade, so I'm trading small.
GME longEntry 20.86
Stop 17.5
Target 40
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
BuyToOpen Apr Call spread C25/40 ( Buy 2025_04_17 C25, sell 2025_04_17 C40 )
Limit 1.73 (C25 Delta=0.52)
GME Approaching Key Support: Will Buyers Step In?In my analysis of GME, I’ve identified a green support zone that could be crucial for the next price movement. If the price returns to this level, we might see a rebound as buyers could be attracted to this key area. This support has been significant in the past, and if it holds, it could trigger renewed bullish momentum. Keep an eye on this zone for a potential buying opportunity when the price revisits it.
MOASS: Match LightingOk lets recap our main targets and ideas for MOASS:
Target Price: 1800-2400 w/ major potential for pockets of trades to execute at much higher
levels
Duration: Oct 2024 - July 2025 w/ a major move to new all time highs taking place between Oct and Feb
Key Date: Oct 21st 2024 should see volume and short volume begin to increase
VWAPs are the key and price will be supported by VWAP all the way to MOASS conclusion
What now?
The main data point that we are watching like a hawk is SHORT VOLUME
Increasing short volume is the MAIN indicator that will signal both the START and END of MOASS
When you see short volume RAPIDLY INCREASING during MOASS it means that they have lost control of price and are desperately trying to short it down
You will see that DECREASING short volume will always signal a current or imminent decrease in buying pressure..although because of the nature of a squeeze that may not always translate into a decline in price
So now we wait....
M O A S S
10-19-24 GME Looking Very BullishBasic Fib, Elliot Wave and Channel looking nice, along with this swooping up pattern that I dont really understand.
Testing Some Elliot Wave TheoryLooking at Fib levels along with Elliot Wave has proven to be extremely useful as I'm learning to use these with GME.
Always open to any thoughts.
