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GME

meme stocks showing pairity (HOOD, GME, AMC)the grouping of retail longs and its mothership, Robinhood are showing bullish divergence from oscillators and oversold conditions in rsi. the relative strenght based qqe signals strategy has put in nothing but shorts and faile long entries. the chances of the strategy continuing to make money short is low. elliott wave sage of youtube has released a video detailing why this wave 5 leg down could lead to reversal. a cross above the VWMA 12, close, 9 in HOOD would be bullish for this group. if we fail the 1.618 and hold or fakeout bear the 0, or continue above 13.89 immediately, not breaking 12.39, a trip over 16 could be in the cards. this stock is a great buy under $10, and shows there is attractive value around these internal and fundamental levels to do with proportions of debt to earnings with the credit they have and p/e compared to cash on hand. ask yourself would robinhood buy itself at these prices. if the answer is yes then its a good time to invest. they are a brokerage like any other. they make money when people change their outlook. prices can go up or down, but they profit from volatility and uncertainty.
NASDAQ:HOODLong
by cerealtrades
$GME - February Runup Update #2 & Possibility of an extra earlyHere's some non standard TA otherwise known as: "This isn't TA, your resistance/supports are wrong m8" The stock is going to start running around the 17'th - 23'rd of Feb. The run may last only until the 23'rd or may continue until the 02'nd of March where the OPEX/Option Clearing cycle ends. I've found indications of the possibility of an early run just like in November on Nov 3. The indications are based on GME swaps expiring 9 of Feb which also coincide with Ryan Cohen's standstill agreement ending. Looking in the past, there were similar swaps expiring for Nov 12 ish. No swaps were found for the previous runs of Feb 2021, May 2021 and August 2021. This leads me to believe there's a possibility we might run around the 2'nd or 3'rd of February 2022 with a duration until the 9'th of Feb Max. After this we'll experience the regular quarterly opex run down from 14-17 of Feb and then a run up on Feb 17-23 maybe up to 04 March. The chart i've posted here describes all scenarios i've mentioned above. TLDR: Basically this is the bottom, so get March 04 near the money calls at around +5-15% from the current underlying spot price, or if you're a bit smooth, basically if the price of GME is anywhere between $95-$100, then get $110-$120 strike calls expiring March 04 as these are the optimal to let you reap the max benefit whether the price runs early or later around Feb 22. I don't like those Feb 25's because the theta on those is too steep. Additionally the March 04's near the money as i've mentioned are almost always slightly mis-priced / on sale by around 15-23% off their theoretical correct price as long as volatility isn't going nuts when you buy them during the day. The trade: If you're a regular trader, basically buy GME at the current price & set a PT of $175-$185 as a safety place. Anything more is a bonus. If you're an ape, just buy shares, hodl, drs or whatever. If you're a degenerate who loves options, $110-$120 March 04 calls are great. If you're a proper degenerate who wants max profit & risk, then consider $175 Feb 04 or Feb 11 expiries for the possible initial run and or & $175 strikes expiring Feb 25. I don't post on Reddit anymore because people there are crazy. There is money to be made in GME regardless of what longs and shorts want and they are in the form of the OPEX ineficiencies mentioned above & previously in my reddit posts.
NYSE:GMELong
by leenixusu
30
Bullish Gartley With Bullish Divergence on $AMCAfter a Huge Bearish 5-0 Decline, AMC is looking like it's ready to attempt a recovery of some of the losses as we have large amounts of 4hour Bullish Divergence on both the MACD and RSI. We are at a Weekly Support/Resistance level and we are at the PCZ of a Bullish Gartley visible on all Timeframes; Assuming we can get a couple more Bullish Days from here we will see an eventual Bullish Crossing of the Daily MACD which could lead to a decent rally.
NYSE:AMCLong
by RizeSenpai
3
Some Loopring Hopium: $11-$15 peak of this cycleIn the past year, LRC has gone through 2 peaks and dips. - Fib retracement puts top between 1.6 and 2 on the next peak - Each dip crashes pretty extensively - If pattern continues, next peak could be between $11 and $15 then crashing hard. Caveats - Different market conditions (very volatile, crypto is suffering a major correction) - Price is hard to push up in higher Market caps (could only top at around $10). - No GME, doubtful it has any momentum to reach there
BINANCE:LRCUSDLong
by euphoricSeahor60640
1
Storm Over?I updated the GEX indicator this morning to include puts & calls so you can visualize the changes in gamma exposure. If you want to see other tickers, head on over to www.spyvsgme.com . Once I’m happy with the indicator I will publish the source code. What I keep seeing is the puts building up lower (80 strike) bringing down the gamma zero strike which is now dropped to 100. With prices creeping up back over 100 yesterday, it could mean less volatile price movement as positive gamma exposure is typically less volatile. Keep in mind, the overall SPX & NDX are still in very negative gamma so it's likely there will be more choppy waters ahead. This leads to great opportunities for traders with their head & shoulders upside down. Yesterday the intraday on SPY presented an inverse head and shoulders that paid out exactly to the 161.8% fib extension. Futures are all over the place this morning. GME seems to be weathering the storm. It's kind of poetic, that nearly 1yr ago, I was mocked for telling everyone on WSB that I thought the fair value for GME was $100 given everything that happened. One interesting development I noticed yesterday was CHWY was positive and ran 13.7%. Curious what the sentiment shift is in relation to GME anniversary. Is it possible shorts were covering to balance losses in other tech like NFLX and AMZN? It is an interesting correlation to say the least. Not financial Advice.
NYSE:GMELong
by SPYvsGME
2
Gamestop - MOASSIdea for GME: - The MOASS is here. - There is a global shortage of both US dollars and high quality collateral for debt (10-year US Treasury bonds). Why would the dollar be rising despite the high CPI prints? It's simple. To borrow, one must have collateral. - CS's Zoltan Pozsar explained in Nov. 19th Global Money Dispatch that currently, this demand is caused by Europe. "the ECB bough too much , reducing net supply via QE, and it topped it up with TLTROs... This week, the collateral shortage in Europe spilled over into the FX swap market: on Tuesday it became cheaper for a euro deposit holder to pay a premium and swap euros for dollars and buy Treasury bills with those dollars than to buy German bills." - While I won't go into it, it is speculated that Citadel has a great short exposure to 10-year US Treasury bonds, through their repo market arm, Palafox. May or may not be true, but it is evident that someone (probably every hedge fund) is short USTs and they are also short GME. GME by extension is a bond market volatility proxy. As long as the correlations hold, it can be traded. - What is also true is that Large and Small speculators are record short 10 Year T Note futures, while commercials are record long. Bond market volatility is reached a level where VIX was trading at 50+ previously and is higher now than what it spiked to during GME's first squeeze to 500. Somebody is about to get to get blown up. Bond Market Options Volatility (MOVE) leads GME by 15 days. Timing of MOASS, Dec.3: GME losing correlation with IWM and gaining correlation with VIX and USTs (new regime): You might get one more smash down (I expect a smash in bonds in a risk parity event before a squeeze), but I am confident this is about to happen. I'm not even going to give a price target, but it's over 4 digits for certain. When I did analysis for my AMC trade, I correctly read the psychology of the large market participants, after reading into it more and connecting the dots, turns out they were BlackRock and Citadel: If you are short GME, do you even know who is on the other side of your trade? Retail "apes"? No no no! BlackRock, who manages the US assets of foreign sovereigns, and ICBC China, with a 100% correlation to GME. China is about to enter an easing phase: GLHF - DPT Causation always produces a correlation. Liquidity takes time to flow through the economic machine.
NYSE:GMELong
by UnknownUnicorn1043646
10
GAMMA GAMMA GAMMA GAMMELEONBoy George this week has been nuts. I haven't had as much time to work on the GEX tool as I had hoped but I did get some work done on testing it. Check it out at www.spyvsgme.com A lot of gamma exposure rolled off this week and brought the gamma zero strike from 140 down to 125 and a 2.3M GEX. Price target of 125 this week seems reasonable as total GEX has rolled positive. Could see some relief rallies next week in the indexes as a metric ton of negative gamma exposure rolled off indexes and big names like Tesla. Gamma Zero targets for next week look this GME 104 -> 125 TSLA 936 -> 1045 AAPL 161 -> 165 SPY 437 -> 465 FOMC next week, if JPow remains hawkish we could see even deeper sell offs on indexes. In that case I would be looking for lower targets. SPX still has nearly -1B GEX GME 104 -> 100 TSLA 936 -> 900 AAPL 161 -> 160 SPY 437 -> 425 Not financial Advice. Just GEX
NYSE:GMELong
by SPYvsGME
1