Gme looking good
Some people have been worried about NYSE:GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like NYSE:AMC and NASDAQ:TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track.
Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.
GME
$GME Meme Basket: No ideaEnjoy the new GME basket. One stock was removed and was replaced with MARA a couple of weeks ago. I would've added APE as -APE in the formula that makes this basket, but Tradingview only allows up to 10 symbols to be combined into 1 ticker and APE is the 11'th ticker in this so...
Down to business, i have literally no clue what's going to happen.
imgur.com
Data says big downs, looks legit in my opinion. I have some reservations on what's going to happen so i'm keeping my eyes peeled.
In other news, FINV and GRAB are no longer in the data i'm receiving as of yesterday. No reason at all. I contacted TheOCC to see what's up with that.
Funnily enough, GRAB is IN the GME meme basket whilst another ticker called FIVN (Five9) is also in the basket whereas they removed GRAB and FINV(Finvolution). All timed perfectly with this auction error on open yesterday, all also timed perfectly well with when all of Opex Friday's volume was supposed to hit the tape yesterday but instead we got multiple chained glitches instead.
That being said, i have no idea where the market wants to move. TQQQ and QQQ are making huge moves in one direction whilst SPY is making big moves in the opposite direction. This flip happened before in Oct - December 2022 and now seems to be happenining again. I don't know what it means yet. I have no idea the direction we'll be taking. I need more data and more time. There's too many scenarios that could happen and it's impossible to pick the right one right now. We could start seeing volume on Friday due to yesterday's big OPEX volume having been FTD'd, we could see volume today from Monday's T+2 share settlement from option settlement... We could see T+3 share settlement or T+6 settlement into next week's Tuesday. We could see a move in around 33 days from now... it could be anything... So for now, i have no idea.
Guesstimate: Don't trade based on this. I think we'll have a short period of neutral trading as the flip between going short on one pair of Indices (TQQQ,QQQ) happens and shorts cover on SPY. Then we'll have a decent move up and then another move down. No idea about timeframes yet. This one is difficult to quantify. Obviously sideways for the market means downwards for GME, so... yeah.
GME Potential for Bearish Drop | 27th January 2023Looking at the H4 chart, my overall bias for GME is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Looking for a sell entry at 18.85 to form the retail double top pattern. Stop loss will be at 22.47, where the recent high is. Take profit will be at 15.43, where the previous swing low is.
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She’s tight… any volume and she’s flyingSuper self explanatory.
Check out my other posts to view my feelings on the GME saga and where I have stood. I’ve discovered some very interesting coincidences in the market all thanks to a supportive community.
I think it’s officially officially close to end game. I don’t picture her holding down past summer.
Good game apes, we won.
35-59% near term upsydeLast I posted on GME was In October - I pointed out it was an **obvious and typical** NinTendo pattern and of course it worked out.
I didn't follow up or anything as it fell from grace because why would I? DYOR or whatever. Well now I'm back from a rave roadtrip and I see that its ready to pop again:
Initial target 23.88 by 1/24/2023
Target 28.08 by 2/3/2023
Play: Go all in rn
GME all smoke and glass and reddit hype This stock was pumped only to get slowly rug pulled. The CEO and the Board do not communicate with investors at all, not a word about what the company is doing to grow, just cryptic tweets. It deserves to be shorted into the ground. Its going to under $10 before ANY meaningful movement up.
$GME - The final yolo
Not trading off my data anymore. Here's my thesis.
-Large option OI expiring this week for GME and a lot of other stocks due to leaps bought in 2022/2021.
-Going back to my old ongoing theory about SLD Tuesday (Next Week's Tuesday) where the Opex week's options e.g this week's expiring options will settle on Monday and shares on Tuesday. The bigger the amount expiring on Friday, the more the net total that needs to hit next Monday/Tuesday.
-During Opex, Wednesday - Friday is the opening window for banks to post collateral to the NSCC and OCC/Option Clearing Corporation which handles all options netting, clearing, settlement. This window opened on the 18'th and ends on the 20'th of Jan.
-BOFA made money disappear from people's accounts this week just 1 day before this window. This tells me BOFA is posting a massive amount of money towards this big opex and option clearing. The amount post netting of all these positions should be big enough to move the market really hard next week.
-Another Canary in the mine is my data here imgur.com The TLDR is that IF i'm right and it's a big IF, we're in a March 2022 mode for GME where the price went parabolic around SLD Tuesday (Next Week Tuesday). I'm pushing it with this, in the data i have this is the most similar occurence to what's going on right that i found.
-For SPY's ranges, there's support at $383 imgur.com (Unless that breaks in which case bye bye) and that to-be bottom coincides perfectly with SLD Tuesday (Next Week) for a nice perfect reversal (again i'm pushing it).
-IEP (Icahn Enterprises) ticker's usually drops and immediately after that we have a GME run. This is a consistent pattern over the past 2 years. IEP is yet to drop. I'm keeping my eye for it.
-Wabbuffet's (Warren Buffet) KO is pumping in this market which is normal as it's dips are bought by clever investors. It could also simply signify what the rest of the market has to flip to (bullish) by the end of the day after what i think is one final dump.
-Yesterday the price touched $400.01... again and dumped, i managed to read this one and quickly reposition my puts whilst the underlying price of SPY was at $399.80 ish and rode that down to today's low. It's done this a few more times in the past and it usually ended with us being in the $370 range... but i think this time this dump is a quick dump to a price where we can pump from next week.
This is what non data based trading looks like. I'm all in on FD's for next week. I'm confident in this one jut like i was in all my previous losing trades which means you should inverse me and buy puts. Here's my portfolio right now: imgur.com
Yes it's all FD's and i don't plan on exiting with a loss early this time. I'm letting this ride until the end. I'm either going to make it, or i'm not. Tomorrow/Monday is the optimal day to buy calls, but i'm impatient and like to lose Theta. I wouldn't yolo into GME this hard unless i was really sure (of a string of conspiracies mixed with real regulations and other technical stuff). Anyway i think that i'm right so here i am yoloing it all until the end.
I think this is going to be the last Yolo and post here for a while if it fails. I have a dislike for forums where GME/BBBY is discussed as the tinfoil is deep reaching, but here i am creating my own and going with it putting my money where my mouth is. Do with that what you will.
GME (Gamestop) Price Analysis 30 Min ChartHello and good morning fellow traders! hope you are all feeling great about today.
So after watching the opening of the market this morning I came up with this idea.
GME just lost the 20.35 -21- support lvl and has dipped into the green lvl of support shown on the Ichimoku cloud.
It must hold the 17.17 -18.78 LVL of support or else GME will continue to the downside.
On the flip side ... if GME ends up pushing back and flipping the current zone of resistance back to support we could see GME go up and test the 22.84 -23.26 lvl.
Stay safe out there guys! keep your heads up ! Enjoy your day !!!
:)
GME, APE, AMC Trading Data 1-19-22 to 1-19-23$GME
284,152,540 - Shares Traded Short Reported
4,433,987 - Shares Traded Short Exempt
491,230,683 - Shares Traded
Chart shows 2.8 Billion shared traded on the Yearly for 2022
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$AMC
2,869,327,325 - Shares Traded Short Reported
73,070,781 - Shares Traded Short Exempt
5,292,793,100 - Shares Traded
Chart shows 10.4 Billion shared traded on the Yearly for 2022
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$APE 8-22-22 to 1-19-23
1,395,763,913 Shares Traded
28,236,308 Shares Traded Short Exempt
661,931,758 Shares Traded Short
Chart shows 2.27 Billion shared traded on the Yearly for 2022
--
Data is referenced from here.
www.finra.org
GME (GAMESTOP) Price Analysis
Good morning! GME needs to hold this area of resistance at around $20.35 -$21.23 if it wants to push to the upside.
If the support level is broken, we will most likely see GME fall down and test the $18.40 Lvl.
- If support holds then we will continue on up to the upside and test the $22.84 - $23.26 LVL.
- The next LVL after this will be the $24.22 LVL.
Thanks for viewing my idea! please comment and let me know what you think :)
GME GameStop is close to a Long Swing Starter"The basic idea is, 'we don't care what really goes on at GameStop, or if they have a certain new product or whatever.
We just want to show the market that success is not the reality of production but the enigmatic character of our act,'"
Slavoj Žižek said
GME 2023 $ Squeeze Target we bounced from our support above the 15$, now we need to clear the resistant around the 22.20$, to continue this bullish momentum till the 25.50$, then the critical area of profit taking + rejection if we didn't clear it, will going down to have a reversal from the 10$ bottom for this year .
if we clear that critical area (32$/35$) we going to have squeeze till 85$, which will make the mega squeeze for GME once again .
Bed Bath and Beyond - Unfinished BusinessThe Marxist-Leninist Reddit public relations firm/Wumao-backed brigade told you to buy BBBY at $24 and $30 because RYAN F'IN COHEN.
They really are aggressive, cool, and totally unscrupulous.
You know, because they have your best interests in mind and want you to get rich, and quick!
Then Ryan Cohen sold his 5 million shares at an average price of $18. On Monday, BBBY will probably be back to $6-8.
Prominent people tend to get out of the pump and dump scams early so that when the calamity strikes and the House Committees and the SEC go and do their probes, they have culpable deniability.
I've heard that BBBY has hired insolvency attorneys and that suppliers aren't delivering goods to the company anymore because they have bad credit and aren't paying.
All of the above is true. It's also true that this market cycle is a pump and dump. You're holding a hand grenade without a pin if you are holding this stock.
However. Is it time to capitulate if you're still diamond handsing the top?
Forget about Ryan Cohen. Ryan Cohen is a red herring.
Consider that Citadel, arguably one of the most prolific and dominant market makers, is still holding 2.25 million shares.
I'm wholly critical of this stock and this pump and dump. However, If you're still "hodling" bags, I think there's a good chance you see a chance to get out over $30 before September is over. Maybe put in some limit orders because you don't know how many seconds you'll have to get out.
So don't follow the Communist Party on Reddit into capitulating on Monday and Tuesday when this rag is single digits again and everything is down 10% and crypto is down 20%.
And even less should you follow the 50 Cent Brigade to buy back higher if BBBY runs to $45 and $60.
And if you're not bag holding, I really encourage you to keep your risk to a minimum . Really, don't go gambling. The worst thing that can happen to you if you do is that you'll win.
If you want to trade this then consider buying when it's down and don't chase it when it goes up . And get out quickly , because when Citadel dumps their bags, this really is going below 1993 levels and will probably be delisted in the end because bankrupt.
Even the entire Universe explodes and dies one day, let alone these corporations we have today. Even Apple will be gone one day, let alone this scam that only ever existed to import crap made under the Chinese Communist Party to keep the USD blood transfusions running so the Party could continue persecuting humanity for a few more years.
But the Party's day to vanish is right on your doorstep. And then what happens?
$GME - Load up Zones $19.5 and $17.xxBe sure to load up responsibly at the correct zones. $19.5 and $17.xx are decent prices to get in. Always save some cash to buy more later at lower prices. Don't go all in at current prices.
I've loaded up on March calls $20c for around 1/4 port value. I'm ready to get more if we dip more at $17.xx will probs get $18c for the same expiration.
Sorry for switching between long and short so erratically but i've got to follow events as they unfold.
gmeamc has broke down for me this looks textbook for a breakdown broke previous support which it bounced twice, just tryingg to amylase all market before the new year when I go guns blazing in the market learnt so much this year really cat beat time in the market and seeing set ups happen.On that note for me alot of stocks looks ready for a breakdown to me