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GME

GME: RSI Update, Dip Before the RipGood morning, Last time we fell below the 30 mark on the RSI we saw a 90%+ move up and the other two times it fell to this level we saw 50-100%+ move up as well. I'm factoring in a 60%+ move up as this is like a spring that has been compressed and is ready to explode. I also overlayed November 2021 cycle and it looks like we're following that perfectly. Downside PT: 22.12 / 21.87 (support) Upside PT: Fill the gap at 27, 37 and 40. As always, NOT financial or sexual advice. Good luck!
NYSE:GMELong
by SierrasTrades
4
GME failed to inspire, but could be a technical bounce ahead...As the title suggests, GME earnings failed to inspire the response that so many wanted and hoped for, nearly all afterhours gained came ad went through he course of the day with a decent finish. However this was always going to happen, in my view, as it went into that earnings call with a very low RSI and multiple time frames looking vastly oversold. What i´m looking for here is a continuation of the technical recovery , especially on the 4hr chart as it looks to me the ichimoko cloud want to turn positive and start somewhat of a run again. The resistance levels will start at $30 psychological level then proceed up towards the channel it rudely fell out of to test whether it can settle within that area again, around the $40 area, it could be rejected and drop down to find lower support or divine intervention may join its cause and break into there, leading to an eventual retest of the $50 area.
NYSE:GMELong
by Diamondhandstoday
GME Earnings run up^^^Daily Triangle Play here. If close above 32.11 I'd look long. If break 30.38 or even daily close below 30.65 I'm looking short. The play will likely develop prior to earnings 7Sep22. Will trim most of the position before end of day 7th. May leave some runners for after earnings only if I'm green on the play. This could run hard either direction. I'll set stops at the apposing number from listed above. If it gaps out of the listed range I'm likely OUT.
NYSE:GME
by Beagle_Trades
1
GME is still going to the moonI am not an experienced trader nor an expert. So .... if someone can change my mind with a solid argument i am happy to change my mind. The price is wrong. If prices in a market are determined by supply and demand, and there are less and less shares of Gamestop available in the market (because of Direct registration and normal buys) Then how does a share price drop? On broker capital.com the buy to sell ratio of GME is 90%, meaning that 90% of the trades are buy trades On broker fidelity the ratio is 86% More people are drs-ing their shares, so that combined should push the price up, its very simple. Those ratio's have been so for months now. Todat after earnings we will see how many more shares are drs-ed. It should make you think..... smth is wrong, and its the price. The manipulation will be clear and resolved, nobody is selling, in fact we are buying.
NYSE:GMELong
by martexx
9
After we beat the Red line it's BBIG Party TimeWill resolve in less than a week. But this is an established down trending line in a wedge for BBIG. When we break the red line we are going up and we're going to break the red line very soon. Also there is an insane amount of FTD's next week. Their time is up. stocksera.pythonanywhere.com Also shares are coming out in the form of a dividend very soon to form a new company called TYDE where people will have to buy in no later than Dec 12th to be shareholders of record for the 15th. Full disclosure - I am long on this stock, and really believe there is a real opportunity next week for GAMMA
BLong
by jpactor
7
KMPH The Next GME Sleeping Giant?I brought up this idea on WSBN discord about a week ago and I think it's starting to line up. Just as GME was a heavily shorted stock so has been KMPH with a 71% short interest as of yesterday. The company has a major catalyst with an FDA approved ADHD drug that is better than anything else out there on the market. Having ADHD I have been very interested in this company. When I spoke about this on WSBN on discord, before I was suddenly banned, there was a volume spike two minutes after. Since then some major twitter hedge fund guys have taken my idea and I wanted to get it out here. With most of the shorting around 10.50 a share and such a big amount of the float available to short already shorted, if the stock stays above 11.00 this week you could see shorts starting to cover. Also compared to GME, KMPH has a significantly smaller float so it could really rip in the pre or post markets without a circuit breaker kicking in it could see 60.00 a share in a GME squeeze like scenario. Also at this price KMPH could be a take out target as the last ADHD drug company that got FDA approval was swallowed up by Johnson&Johnson. The company missed earnings, but they have the new ADHD drug, have zero debt, and have analysts rerating them to the upside. Full disclosure I'm Long 1500 shares and I intend to ride this company to 100.00 per share or more.
KLong
by jpactor
1
GME, KOSS, AMC, Silver, Pot Stocks, and now KMPH is a loaded canI'm very bullish on this and long in the position. The Reddit WSB are starting to get behind it and I'm seeing more buying on the tape in large volume than selling. Shorts are in a bad place. Could see 20.00, 60.00, 90.00, or 120.00 conservatively due to very small float compared to the floats of GME or AMC. Full disclosure I'm am long this stock and have been since I found the 71% short on a company with no debt and an FDA approved ADHD drug.
KLong
by jpactor
1
GEO: Shorts are showing weaknessLast weak Tuesday GEO was shorted, 8/22, then bounced back up on Thursday 8/25 the day before the need to cover positions, Friday. What appears to be happening is shorts opening new shorts early into the weak on Tuesday and then covering their old shorts on Thursday which results in the price raise. The issue with that is the fact that we are closing at higher price levels, and especially, where I place an arrow, we are going into Friday with way more momentum (as you can see from the MACD indicator) which tells me shorts are losing control on holding this stock down. There are more shares shorted than in free float. That indicates a squeeze. Days to cover increased from 9 to 9.5 which also indicates that shorts have only exposed themselves even more than actually covering and eating the small loss, now they will eat a HUGE loss for being greedy and stubborn. Institutional shorts are the dumbest beings I have ever seen. According to Barrons.com, on 8/15, which would underestimate the short exposure being these shorts have no brain and think shorting more will fix their problem. Short Interest 18.6M (08/15/22) Percent of Float 15.82% Shares Outstanding 124.09Million Float 116.51M 124.04-116.51 = 7.53 Million shares at a minimum created for the purpose solely created to dilute share prices. If the short interest is 15.82% of the float, this means 18.431882 Million (Barrons 18.6M) shares are shorted and these positions need to be covered. If shorts were to cover their entire position, they couldn't without a MAJOR spike in price levels, as even if they chose to cover, not only would price levels increase due to demand, but also SUPPLY of shares would be reduced, those 7.53 million extra shares would be gone, individually making every share that much more "rare" and additionally due to current price levels, a huge influx of forced buying will occur at these high prices. Minimum price target 16-18 THIS IS A FUNDAMENTAL PLAY. INTEREST RATES HAVE GONE UP. GEO GROUP HAS RESTRUCTURED ITS DEBT, CHEAP DEBT FROM PREVIOUS LOW-INTEREST RATE YEARS, AND SPREAD IT OUT OVER THE LONG RUN TO BETTER MATCH ITS NET INCOME CASH FLOW. IT IS BECOMING INCREASINGLY MORE EXPENSIVE TO SHORT (borrow naked) DUE TO THE INTEREST RATE SPIKE AND WE ARE IN FOR A SQUEEEEEEEZE. THIS COMPANY HOLDS PUBLIC CONTRACTS FROM THE GOV FOR HANDLING HIGH-LEVEL SECURITY FACILITIES, UNLIKE AMC WHICH HAS ACTUAL FUNDAMENTAL LONG-TERM VALUE, I WAS IN AMC AT 3$ AND SOLD AT 22 BECAUSE COME ON ITS A MOVIE THEATER COMPANY WITH ZERO FUNDAMENTALS, I JUST IMAGINE WHAT THIS COULD DO HONESTLY.
NYSE:GEOShort
by kibakilla33
GME Potential for Bearish Continuation| 1st Sept 2022On H4, with the price moving below the ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 28.47, where the swing lows anmd 78.6% fibonacci retracement are to the take profit at 22.29, where the swing low is. Alternatively, the price may rise to the stop loss at 32.51, where the overlap resistance and 23.6% fibonacci retracement are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:GMEShort
by Rockqet
Game Stop Buy to ShortWeekly- Range From 2021 to present consistent creation of lower highs between prices, 120.75-87.13, 67.20-64.50, and 41.25-49.85. Since the beginning of the year price has fail to break support at 19.40-24.50. In short price has failed to create new highs and lower lows, game stop is consolidated. Thesis- Potential for sell break out due to flat support and lower highs on the weekly. Consecutive lower highs provide strength to break the flat support. Daily- From May 2022 to Aug 2022 price correction provided buy opportunities to previous weekly highs between 41.25-49.85, clearing weekly liquidity, adding new life to the sell. Current price 30.71 is an area of structure and daily buy liquidity. would like to price go bull to 40.40 before continuing to go bearish. This will create another lower high on the daily, to add strength to the overall sell breakout on the weekly. Areas of Interest: Short - 40.40 to 45.53, 34.30-35.90,30.71, 25.60-26.86, 21.68-23.20 Long- 30.71, 25.60-26.86, 21.68-23.20 Confirmations: solid candle closure, preferably 8and daily candle closes within zone.
NYSE:GME
by THEFOREXDR
1
AMC Flat Bottom Triangle PatternNYSE:AMC AMC since the parabolic move May- June 2021 has been in a flat bottom triangle pattern with "touches" on both the support trendline and the upper resistance trendline. In the past several trading days, with the volatility of the APE special class dividend stock, AMC has gone up to the upper line and now is now again at the $10 range. The MACD and Relative Strength are weak. This is consistent with buying weakness and low then selling above that. While waiting for a true breakout of the triangle, I see a long swing setup as buying the bottom at $10 and observing for a rise to the upper trendline with a target of $19. I will set a stop loss below the triangle at $9.50 This would offer a reward on risk of 19X. I well realize that market catalysts can trump the pattern anytime and assume that risk. Go Apes !
NYSE:AMCLong
by AwesomeAvani
2
AMC APE They have No Liquidity We are Over Sold and about to BLOW. NO LIQUIDITY, SECURITY GOLD. BWahahahahaha DTCC Scrambling for Liquidity on the Open Market and doing an awful job at it, right in front of the peoples eyes. You can't do that bs in the dark no more, its 2022 and people are on social media like never before, this is the era of ape like it or not were here and we ain't going no where. Looking for a Large Move up, after breaking resistance (red line) crayons are an acquired taste. this not financial advice. See you on the moon.
NYSE:AMCLong
by FibonacciN
1
$GME - Intraday Gap Trade OpportunityIntro: I hope ya'll got out of the trades as i posted/said in my previous post. I knew this cycle was weird. The play: With the dump of BBBY, GME being in the same short basket has moved down 10% which is expected. What is not expected is the intra-day unfilled gap it's left. If you're unfamiliar with gap trading, just google "Trading Gap". The TLDR is that all gaps must be filled (except a few). GME has NEVER opened this far away from last day's closing price before in at least the past 2 years now. The fact that a super massive gap like this has formed at this kind of price as well is insane. The effects of this gap is that due to the sudden and unexpected drop, on opening tomorrow algos are going to buy this up just based on technicals like RSI oversold, or MACD oversold cross and whatnot. The reason why i say this with so much confidence is that if you just look at GME's chart on the 1YR (Caily Candles) chart, you will only find 3 unfilled gaps, 2 of which were formed in the last 2 days. There was one at $76 ish formed in May's run last year that was never filled and the 2 more due to the drops of the last 2 days. Most stocks will almost never let a gap unfilled whether it takes days or years to fill it. GME being the stock it is with large spreads and it's supposed illiquidity does not have any gaps beyond these 3 as everything gets filled within a day or a few days at most. The play TLDR: The idea here is super easy basic and simple. You buy the bottom, wait for the gap to fill and sell. That's it. Tomorrow may have a bit more downside due to dealer dumping hedges or buying more due to what might happen tomorrow, not sure. Unless this gap is corrected overnight/morning, they have a big problem on their hands either tomorrow or by Monday when tomorrow's buy volume settles. Positions: Here are my positions for this trade. imgur.com In fact i got these 20 minutes before the market closed for the first gap and never even expected the second one. I'm legitimately excited because that second large gap in my experience typicall gets bought up real quick just based on it's oversold technicals. I've thrown my entire portfolio on this trade because that's how much i believe the gaps will be filled now that the BBBY saga is over. At most we have 1 more dumping day before this fills in my opinion due to clearing and settlement. Downside: -The downside of this could be that we see a slow and sustained drop over the next 3-4 months for GME down to like $24 from the current price. Losses on this shouldn't be too bad if you're betting just on the gap fill unless it somehow takes 4 months for it to decide to fill this gap which i highly doubt. The gap is close and fresh and can't be ignored. The Upside: -The upside of this is that the gap is fresh and close. Stocks close gaps like these either the next day or within a few days. With GME being the way it is, you can expect the gap to not only be simply filled, but to be OVER-Filled. We could see a PT of $44 before it normalizes again. In the best case, BBBY gains and losses get rolled into GME tomorrow because what else are people gonna do?
NYSE:GMELong
by leenixusu
37
BBBY to the MOONBBBY was the 3rd most shorted stock as reported by marketwatch 1 month ago, I believe it may be the most shorted stock now when the totals get updated: www.marketwatch.com Also yes Ryan Cohen sold, but Jake Freeman also sold $100 Million: www.dailymail.co.uk this is money and profit that's now sitting on the sidelines. Freeman said : "'I certainly did not expect such a vicious rally upwards,' Freeman told The Financial Times in an interview on Wednesday. 'I thought this was going to be a six-months-plus play…I was really shocked that it went up so fast.' " You think this guys one and done, gone for good after this trade? He sold at $27, he now has another $100 million, and he was expecting to be in the stock for several months. looking at the chart first notice the increase in volume, this is the most volume this stock has EVER seen when I go on twitter, listen to the radio, watch the news, EVERYONE is talking about this stock when I look on the screeners for hot stock on tradingview, trendspider, marketwatch, robinhood, etc. THIS stock is on the top of the list. This is generating a lot of publicity and a lot of interest. looking at the chart, do you notice all the gaps? There's been 2 big gaps or tears in the charts in the last 3 days, that's huge! What are the chances that it fills those gaps? This last Friday was a doji at the bottom of a 3 day trend and may indicate a reversal. The amount of out of the money calls to out of the money puts out number puts by about 40% that should mean calls have more to lose at expiration. 90% of all volume all time in BBBY has been traded ABOVE where it closed on Friday at $10 When you look at the daily and weekly charts with this last 3 day downtrend the MACD still hasn't crossed the signal line yet which indicates the overall uptrend is still intact. On the hourly chart the MACD has just crossed the signal line to the upside. Look at the upward trendlines , they are still intact and the last close was above the trend line . BBBY has a ceiling at $30, the current upward trend may form an upward trend to $30 where if it breaks the top then I see it moving with the same potential as $GME or $AMC If it breaks the top at $30 I think you could see it going to $90 potentially. as Buzzlightyear once said: "To infinity, Bed, Bath, and Beyond!" follow me for more hopium
NASDAQ:BBBYLong
by wyttsndrs
2
GME Super Bullish For a Friday, that was one hell of a effort to push up, Even with the news of Ryan Cohens dump, GME pushed up and closed above resistance! Killing on the 4hr chart!!! Monday I’m All in on GME In anticipation of APE which will blow HKD out the water!!! Fintel data looks primed to squeeze Short Interest 59,908,446 shares Short Interest Ratio 5.74 Days to Cover Short Interest % Float 23.63% - source: NYSE (short interest), Capital IQ (float) Off-Exchange Short Volume 2,241,572 shares - source: FINRA (inc. Dark Pool volume) Off-Exchange Short Volume Ratio 67.61% - 900,000 shares available at 19% interest
NYSE:GMELong
by FibonacciN
1
AMC Could hit $14? Naw its AMC DayWe Fell Back below resistance before close, but IDC Tomorrow Who Ever is Holding AMC will receive an APE on the 22nd!!! This Will be Monumental! Even if they don't close? 1. The Buying and Holding Pressure tomorrow will be Extreme!! 2. We will have holders from baby and game piling into AMC 3.For the First Time Ever we could finally expose Synthetic Shares in the Market!!! 4. I would think the 90 million short shares, would at the least have to be covered!!! $33 with Ease Win Win Win Win!!! We are Making History & showing the whole world things can change!!!! See you on the Moon. This is not financial advice Short Interest 95,091,742 shares Short Interest Ratio 1.43 Days to Cover Short Interest % Float 18.45% Off-Exchange Short Volume 17,363,626 shares Off-Exchange Short Volume Ratio 59.90%
NYSE:AMCLong
by FibonacciN
2
GME RED DAY Bearish Short Term Pushed Back under resistance, very familiar move with #GME GME has been in a channel between $47.50 & $19.50 GME is still in a #Bearish Trend now that we have pushed back under resistance. My first price target is $33.66 hit in the after market Next $32 OPEN Next $30.99 Monday $28.99 Possible $26 by Monday Also Possible we tap $19.60 for the third time and totally break down around earnings, without any critical news Ryan Cohen 's attempt failed to make an effective dent with the 1 for 4 split. Shorts were still able to hide their position and continue to hold. There are currently no shares to short, but with the news of BBBY Ryan is feeling suspicious to a group of apes. Any how remember Stocks fall sharper then they rise! Ill Reposition Monday or Tuesday after the Storm! Short Interest 59,908,446 shares Short Interest Ratio 6.37 Days to Cover Short Interest % Float 23.63% Off-Exchange Short Volume 2,247,179 shares Off-Exchange Short Volume Ratio 47.94%
NYSE:GMEShort
by FibonacciN
4
Bed Bath and Beyond - Don't BTFD - Bye Bye, BBBYI heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders. I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike. I heard on Reddit that BBBY is due for a pump because 45%~ of the float is short sold. All of the above are true. However, what I would like to point out to you is a few key considerations: 1) The July - August bottom of ~$4.50 was both extended and precariously close to the 2020 COVID bottom. But they didn't break. 2) BBBY is already at this pump's top at sub $14. What comes after a pump? 3) If BBBY is going to spin a second stock in a few months, there's going to be proper accumulation. A proper accumulation requires you bag holders to capitulate. 4) Jan. '23 is four months away. That's a lot of time for you to hold $10 and $13 bags when this thing dumps to its 1993 low and you need to pay $12 a gallon for gas. Reddit is not a normal social media site. It's a social marketing and social influencing platform, and one with a heavy Marxist-Leninist influence, to boot. You think you are reading organic comments from other young people, but you are reading the written vomit of a combination of a botnet and a professional public relations firm that front runs the moves. The purpose is to drag you in and have you donate your life savings so that someone who looks like Sam Bankman-Fried can pay some creditors and then buy another apartment and a new car after you trade your money for their bags. Monday could go two ways. One is a gap up over $14 and then a dump and the other is just a gap down that doesn't bounce. Either way, you're now on the wrong side of history to be buying the dip. Don't buy the dip. Your risk is a ~70% wipeout from the nearest gap. If you bought at $13, well, cut your losses and stop gambling. Be patient and wait a month or two when everything is scary and the Reddit brigade is telling you that BBBY is a total piece of trash that nobody would ever want. And remember, Redditors are not your friend. They are Fabians.
NASDAQ:BBBY
by LordWrymouth
32