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GME

Massive Falling wedge on GME weekly!!!!!!!!!!!!!Just wanted to point out that GME has now reached the end of this massive falling wedge on the WEEKLY. A breakout of this wedge could be absolutely massive to the upside. Also, the last time the Ultimate RSI was this low, shortly after we seen a 155%, $19 to $50 spike in just 14 days. With new legislation for reporting short positions and the pressure on the Hedgies to finally close out, this could be the move everyone has been anticipating. Not to mention the massive amount of DRS'd shares we have been seeing. Grab your fav snack and bev because the extravaganza is about to begin. GLTYA, and happy trading ✌️
NYSE:GMELong
by impossiblebull
12
$GME - MehHad multiple false positives over the past several months that showed this stock might've done something. This includes the latest false positive showing something happening this week. imgur.com Although it appears to be strong, it's still very likely a false positive. I had some money on this but i've exited my calls and gone for puts instead as i see it possible that this thing goes to $10.30 in the next 12 weeks. As i previously said, i won't be mentioning future GME runs. Only mentioning this one and the last few failed ones since they're done/failed. Too few people interested in this ticker, too many people holding stock and silently overtrading it for it to ever do anything significant at this point imo.
NYSE:GME
by leenixusu
5
Potential Inverted Head & Shoulders - GMEHere I have GameStop stock on the 4Hr Chart exhibiting signs of a potential Head & Shoulders pattern! GME hit its 52-Week Low last Monday so I believe this could be a great area for a potential reversal in the Bullish direction! www.tradingview.com The Neckline @ 14.30 has been tested twice now, once after the creation of the "Left Shoulder" and again after the creation of the "Head". Now what I expect for GME is for price to come down for the creation of the "Right Shoulder" with Pattern Invalidation at 12.90! -Pattern Prediction- *If price Breaks Down and Closes Below 12.90, pattern INVALIDATED! *If price Breaks Up and Closes Above 14.30, price action initiates my Trade Action Plan!
NYSE:GMELong
by Novi_Fibonacci
4
GME | Buy scenario | Wars and suchTLI 1 is based on a recent Swinghigh that served as a strong resistance level aswell as support in the past. In related ideas i linked to my last GME idea - sadly price didnt fullfill the requirements mentioned to take trade. So lets see if i get this time a trade. Requirements: - Price breaks above TLI 1 - Open and close of a candle above S/R Level 1 - Buy on retest of TL 1 Stop- Loss: None (Longterm play) Target: Next big resistance level Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
NYSE:GMELong
by a_tale_of_bulls_and_bears
2
GameStop: Remains In A Position to Break Bullishly From Its ZoneGME has been getting sold off with the macro for quite some time and it continues to push deeper and deeper into dangerous territory. At this point in time, it has pushed slightly below the 0.382/0.886 Confluence Zone and is now at the 200 SMA, but with that, we can see that the Local Bullish Shark can extend into a 1.618 Extension, so the Breakout watch is far from over on GME though we are getting towards levels where one may leave it alone. I would say that if GME breaks below $11.50, there would be a very distinct chance of it dumping down to $9.5, but if it instead holds above $11.5 and pushes back above $14.00, then we could instead see GME make a rapid move up to $18.00, which would be just high enough to test the supply line of our Channel/Falling Wedge. From there we could possibly break out of it and go for the measured move, but for now, I'd say one would probably want to have a short-term position to take profits on at $18.00 and a separate longer-term position to hold strong until GME gets the big measured move breakout to $74 - $134
NYSE:GMELong
by RizeSenpai
4
$GME - Pretty bad for longsNo fundamentals, no macro, none of that. My data has been showing for a while that GME would dip even lower than 19 and it did. I didn't expect it to show signals that it wanted to drop even lower... Basically according to muh data, GME wants to drop EVEN lower than this and it will in my opinion. I think we'll see $15 again and even high $14.80's kind of prices. I don't want to give any lower or higher PT's for the moment until i see a few more data prints. This is a short term prediction. Basically within 7 days, we are to see $15.00 average with lows somewhere within the $14.xx's. In the meanwhile a few segments of the market like AAPL e.g the big stocks are going to go higher and higher. All this whilst GME dips to new 2-3 year lows. The data: imgur.com As you see here, we had a little misfire a week or two ago. Thankfully i caught it in time before it could do me and others any big damage and as you see it did indeed predict a drop which already happened. Now it's predicting a further drop even lower and mind you it's predicting a low we haven't seen in 3 years. Reminder CC's and other shorts should do well on this trade. As a reminder, i'm not going to be notifying anyone here about a GME run anymore. (Or will i? I don't know) I might wanna capture this next one for myself and not let the hordes of CC vultures (Hordes of GME share holders) sell CC's into the high IV and kill any runs. Also this will be your only notification on the GME drop. I'm not going to be updating this post daily. It's straightforward. Mind you i'm considering making the run indicator a paid service as to allow people to make money (including myself). Doing so will limit the amount of people who are able to to know the CC sell/buyback and Calls Buying timing to a minimum and will affect these runs minimally. You make money, i make money, everyone's happy. Toodaloo fellow transfer agents.
NYSE:GMEShort
by leenixusu
9
GameStop: If it can hold above the PCZ, still targets up to $417The GameStop Trade is not over yet, as the Falling Wedge is still in play, the price is still above the PCZ, and it is still trading above the Log scale All Time 38.2% retrace. If we hold here, we can eventually get a rally up to $156.72, and if it wants to go for a symmetrical move, it would go for the full 1.618 Fibonacci extension all the way up to $417.05. We have PPO Confirmation at the PCZ of the Bullish Shark and the 38.2% retrace, so this would be the perfect spot as ever to begin a big move up, if it was ever going to do it.
NYSE:GMELong
by RizeSenpai
2
$GME - Bottom in 4 days then UPHi all. This is it. Take good not of the events about to occur and the culmination of 3 years worth of research. --------------- I finally get to show you this thing. Watch closely at the events about to follow and how madly accurate they are (unless ya'll short this into oblivion again): 1) Today/Tomorrow Ryan Cohen will tweet something (Guessing it'll be "Hello" or something about China. But we'll see a tweet. 2) The bottom will be established around this Friday (Monday at most). There is not a lot of time left for the price to drop, so if any price drops are to happen, they have to happen quick. 3) Next week Tuesday onwards (5 September), GME has to begin to moon. 4) Moon ends around the 13'th of September and the usual multi-month decline begins due to everyone selling CC's into a run again. --------------- ======== In short: 0) Today/Tomorrow = Ryan Cohen (CEO) tweets out something. 1) Sept 1 = GME Bottom 2) Sept 4 = Slow uptrend begins 3) Sept 5-6 = BIG utprend begins 4) Sept 5-12 = Uptrend tops out 5) Sept 13 = Utprend dies out Of course i will be playing this accordingly. ======== Other Notes // Read Me I suggest following/reading the daily updates on this since this is a critical period. We're about to run soon, but should dump a little more just before it happens. What absoluitely baffles me about this is the timing of these events and my theory about how my posts are in a way causing these reactions. - "Oh he said it'll go down, better make it go up then" - "Oh he said it'll go up, better make it go down then" Since my data acts as a leading indicator, i will always have a heads up of what is going to happen and enough time to react to changes like the ones above. Again, i truly think the only one out there causing these effects are the hordes of retail investors selling CC's and closing them off at around the same netting times. I think in all this, i act as the "He said the thing, let's react" thus causing said effect. We're going to find out how true this is with this run. I am 100% sure that we're going to run according to this chart. imgur.com If somehow the data breaks down again like it did on my last prediction, i'll believe that i'm the cause of these effects, but the data looks extremely strong, too strong to be wrong which is why i'm 100% convinced of a run within the timeframe i mentioned. Last time i was able to time this perfectly down to the day in March using this new method (Different than all the other failed methods over the last 2-3 years). This will be the second "perfect" prediction for GME. I'm posting about this on tradingview so that people can see these events happen and play out live perfectly as i've posted about them. My hopes are that if anyone does follow and play this prediction will have made money which is the whole point of trading anything including this damn stock. I'm a proponent of making money, not meming on an internet forum for 2-3 years. I really hope 8+ hours per day worth of research for the past 2 years at my mid 30's has proven fruitful for something. I'm not even hopeful, i know it's fruitful and i just can't wait for you all to see this too.
NYSE:GMELong
by leenixusu
36
BETR Better Home & Finance Holding potential SHORT SQUEEZEOn August 24th, the shares of Better Home & Finance Holding (BETR), a company backed by SoftBank, experienced a drastic decline of over 94%. This downturn came as investors showed reluctance toward the online mortgage lender. The company had recently gone public through a merger with a blank-check company (Aurora Acquisition Corp SPAC) precisely when mortgage rates had surged to the highest levels seen in two decades. In the case of Better Home & Finance Holding, an overwhelming 95% of Aurora shareholders chose to redeem their shares. This decision left the trust account of the SPAC with approximately $24 million by the end of June, marking a significant decrease from the roughly $283 million it held at the conclusion of the previous year. These details are revealed in filings. Typically, when a stock has only a small number of publicly available shares, it becomes susceptible to high levels of volatility. Despite trading at $0.77 intraday, it's worth noting that on August 2nd, the SPAC associated with BETR was trading significantly higher, at over $60. The situation with BETR brings to mind past posts of mine regarding the potential short squeeze scenarios witnessed with AMC Entertainment and GME Gamestop: Given the limited liquidity in play, I am inclined to believe that a short squeeze might be on the horizon for BETR. Looking forward to read your opinion about it!
NASDAQ:BETRLong
by TopgOptions
6
TUP the newest meme fundamentally dead LONGTUP on the 30-minute chart has some decent technicals. Based on anchored VWAPs one set for 8/1 and another 8/3, TUP has pulled back into solid support at the two mean VWAP lines. Volume has been steady. It is in the middle of the fair value zone and under the POC line of the volume profile. Analysis of that profile is that price should seek the POC as if a magnet. there is could be pushed up or repelled down depending of the relativity of the dynamic of buying and selling pressures interplay in that zone. I see TUP as having 20% upside for sure on the retracement of the trend down. An additional leg up and over the POC line is possible or even probable but not a certainty.
TLong
by AwesomeAvani
4
GME fell. Can it get back up? GME on the one hour chart fell over a week from July 27 until earlier today. The fall has heavy selling volume this morning followed by a flip at the lunch session into buying solume above the running mean. Similar findings are on the volatility indicator. The MACD has a cross under the the histogram as price momentum shifted from bearish to bullish. Price has crossed over one of the lower VWAPs in early vWAP uptrending. Overall, I see this as a long setup. With the market drop today, the volatility gryration tomorrow is a likely reversion to the mean. This should lend support to the reversal on GME. My target is the green POC line of the volume profile at 21.18 with a stop loss of 20.25. Once underway with the stock trade if good movement is seen I will take an options contract or two with one day to expiration.
NYSE:GMELong
by AwesomeAvani
GME buy the dip LONGI see GME on the 15-minute chart as being setup for an opportunistic speculative dip buy. Details and targets are on the chart. The plan is to get about 5% out of an anticipated rebound off the near-term pivot low. My analysis is the GME will revert to the mean being the high volume area of the volume profile which is 4% upside with the POC line before that where trading will ever be buyer dominate for a continuation or seller dominate for a bounce down. If any shorts bought in the downtrend they will either hold through the recovery or buy to cover to minimize losses. If the latter, the early beginnings of a short squeeze could be a foundation of a move higher.
NYSE:GMELong
by AwesomeAvani
1
Can AMC continue the bullish momentum?AMC popped over 50% on the last trading day. So questions arise could include whether there is an juice left in the move? Are there short sellers now buying to cover to cut their losses? On the 15 minute chart, the parabolic move is obvious. The volume profile shows the highest volume of trading at 7.42. A typical end of the trading day and week fade is seen with volume falling as well. Price is now getting support at the first VWAP band above the mean line somewhat confluent with the POC. A reasonable target is the high of Friday's trading session at 8.75 but bullish momentum could push price above that resistance. The is a major VWAP band breakout. a parabolic move that potentially could continue. Accordingly, I will take a risky trade with a limit order at 7.45 where AMC will be above its POC line as an sign of a potential resurgence of bullish momentum. I will watch for a volume spike showing that new buyers like myself and short sellers liquidating are combining in selling pressure. I anticipate great price action and a quick profit. The trick is knows when to sell to realize profits I will sell one-tenth of the position for every 3% in profit unrealized and could find an overall profit of 15-25% which would be a great way to start the trading week. Some might call this chasing and I understand that. I see it has high risk with higher potential reward especially if a short squeeze kicks into the higher gears.
NYSE:AMCLong
by AwesomeAvani
19
IWM Russel 2000 - No Love For Small CapsI hadn't really looked at IWM until a follower asked me about it on Twitter, and after thinking about it for a few hours and comparing it against SPY and QQQ, I realized that it's not that IWM is lagging, it's that it's not going to follow the recent mania. Some wisdom I heard recently is that breadth is important in markets because it indicates a large amount of liquidity has entered or left, indicating the emergence of new bull and bear markets. Unfortunately, with the exception of Friday alone, breadth has been terrible in this debt ceiling crisis pump, which means even though Nasdaq is flirting with 15,000 and SPX with 4,300, it's a bullish impulse within bearish macro conditions. There's a lot of trouble on the horizon with the 2024 Presidential Election close enough that the game has to played and the trouble brewing in mainland China with the Communist Party being about to fall and the globalist bloc struggling to either cuckold or depose Xi Jinping. What a bullish impulse in a bearish macro framework means for small caps is that although Microsoft, Nvidia, Google, Tesla, Amazon, Apple might pump, liquidity is not going to be going "risk on" on small caps and zombie corporations. Instead, prices will be driven lower because as they sell the cycle highs in the blue chips, they'll be bidding a portion of their profits with lowball asks on small caps for the purposes of pumping them, and then dumping them, on retail's head after interest in the big names has become exhausted. Those very large lowball asks will lead the algorithms to drive price towards them because the algo is designed to generate volume. But on small caps, unless the company has significantly exceptional fundamentals, your expectations on how high it can go and how long it can go for during a reversal will have to be quite reserved. In other words, if you missed the July '20 to October '22 pump on IWM then you missed the train and it's never coming back. It is what it is. Just accept it. You can make a lot of money trading puts on this thing on the way down. It just means that if it really does bounce around $125, your expectation for where it can bounce to shouldn't be a new ATH, but probably back to $170. Again, you can make a lot of money trading calls from $125 to $170. But if you want to bUy tEh bOtToM fOr thE mOaSS and think you're going to get a 50 bagger instead of a "tiny little" 5 bagger, you're going to blow your account. And if that's who you are, it's probably better you blow your account and go back to working a real job and learn the value of money again. So here's the trade. This recent breakout looks like it's just a consolidation squeeze. It's going down. But it might screw around for a while and could be as annoying as trading over $200 again. It's really hard to say. Areas you'd really like to short and/or buy puts are called $188 or $190. You'll need 4-6 months or so to get to the $127 level. But either way, the R/R on a $188 short with a $212 stop and a $130 target is almost 7 to 1. Go do sports betting for a while and enlighten to how hard it is to hit a +700 if you don't think that's a worthwhile trade. You need to quit wanting to get rich quick. Getting rich isn't important and it isn't even valuable. What you need is to wake up to what's important in life and what you're really here to do. And that question is answered in mankind's traditions and that 5,000 year old culture sitting in Mainland China after the CCP is utterly annihilated.
AMEX:IWMShort
by LordWrymouth
4