GME
Can you smell the MOASS?Gamestop has been bull flagging for over a YEAR now. No meaningful volume for months and months but never returning to single digits where it began back in August of 2020. A squeeze years in the making. Tons of FOMO Gamestop is a household name with bleeding edge NFT marketplace confirmed to be dropping soon. Insiders buying shares heavily only means one thing. I am bullish.
AMC 1W IC&BOLL crossAMC Is starting to test on every time scale for the BOLL and IC. What I am looking at next are those 27,30,40 price ranges. If it takes multiple days for that then it could change obviously. But the 1W Bollinger and ICHIMOKU cloud crosses are ones to look out for breakthrough and or rejection
$DWAC Looking For Break Out $DWAC has been hot relative to the market. After seeing $AMC & $GME move this week, it's very possible $DWAC could catch momentum.
Right now the key level is $73 and a decisive break above will potentially lead to a continuation to $85.
If Markets open green it could be a rocket🚀
Target #1 ~ $85
Target #2 ~ $95
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
GME - Holy Moly!!! GME - Strap on the moon boots boyz - here is the rip!! GME over $140 in AH action tonight!! Finding a little resistance in this area from past intermediate lows.
However with volume coming back in mass today, the OBV oscillator uptick is highest reading since last true bull run back in June 2021.
Over 15 mil shares traded today (5x normal daily) and nearly half of it was still trapped in Dark Pools chartexchange.com
Bullish RSI indicator flashing well above neutral line on the daily but plenty of room to run to the upside from here. On the 4 hr chart (shown) the RSI is engorged beyond any previous print ever! - and appears ready to ROCK even higher. MACD leader indicator about to go straight up vertical = bullish price action RIGHT NOW! Borrow rates are sky rocketing tonight and shorts are toasted.
With RC adding 100K shares per recent filings that were released after market close today = Expecting a gap up tomorrow morning pre-market on FOMO energy.
HOW DO YOU SPELL MOASS? = HODL!
Not financial advice.
AMC TESTING UPPER BOLLINGER BAND Today was a very impressive day in terms of price actions. 20% in a 24 hour time is a lot to take in. With AMC being on a lot of eyes. It’s more likely to see higher and higher price action over a corse of a few days at people see the price movements. Even though people will be taking profits. The FOMO of retail wanting a piece of AMC could send price action to the next test points
AMC testing on the BOLLINGER The BOLL seems to be a super good way of finding potential areas of where price is and can go too. Right now it’s testing the Middle BOLL on the 1D and could get rejected or make its way to that upper band. With multiple green candles trickling up on the daily. It’s likely to see that move to that upper band level before coming back down to the lower on the 1D.
GME GameStop quarterly loss on supply concernsNet sales $2.254 billion VS $2.122 billion in Q4 of 2020 VS $2.194 billion same Q 2019.
Net loss of $147.5 million, or $1.94 per share VS a profit of $80.5 million, or $1.19 per share las year.
My buy area is $48 - $69.
I expect a bounce from that strong support.
Game Stop TANKING! Earnings FAIL! RUN!Don't be a fool. I would be running for cover if I haven't already ( I shorted this thing). Their earnings just got spanked and the stock is going to open way lower tomorrow morning. Don't listen to people telling you to buy as they are likely unloading on you and you will be the one holding the bag. This thing is going back to the $10-$20 range before possibly going out of business. They will try to live on the capital raised when they issued new stock into the market. So much for the SEC protecting people right?
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Gamestop, GME, Stocks, Market, AMC
GME: Short Term Bullish in a Long Ranging MarketHello Apes, GME has seen a persistent decline since Nov 2021, breaking key lows on the way down into a discount market. Jan 2021 put an end to the slide with price finding support at 86.00 price level. The recent move higher took out the short term high with a pullback setting up toward support at around 110.00 price level. I see GME recover some of it's value with a target of 160.00-170.00 as a reasonable objective.
This will likely happen in my opinionRead how I feel about this in my other posts. I’d say we’ve got about 1-2 years left of the fight, if not longer. Don’t gamble on weeklies, however I am not saying don’t buy contracts. Huge misconception, calls can gamma ramp, but also drop the stock heavy when they expire worthless.
We need another gamma ramp for the next huge moon, that’s my full opinion after everything I know. I seriously don’t think the next “squeeze” will even happen unless we have a gamma ramp. We’ve gotta ramp into the squeeze on this.
Everyone keep thinking it’ll come out of no where. No tf it wont? Did the first one ever “come out of no where” no.. no it absolutely did not. Leading up to the first squeeze we were having green weeks for months. Then for DAYSSSS GameStop get getting squeezy in after hours and premarket trading.
Again.. this isn’t financial advice for anyone. This is what I’m observing and the decisions I would personally game.
CantStop. WontStop. GameStop
LRC I stepped away for a bit and came back to my chart with some slightly different outlooks and ideas.
Still think we will touch trend once more, and I dont think we will repeat history and drop below trend before resuming an uptrend. Some people are calling for 50 cents, we cant see that, but we do think the next month will be red-ish/sideways.
Seems to me like august will be the area to resume a bull trend and until then we slowly creep upwards under 2 dollars..