GME is certainly a no brainer from the current level. The daily data is suggesting a very significant accumulation and net buying. Daily higher lows has been registered. Target Prices will be 30, then 40. Spotted at 20.0 TAYOR. safeguard capital, always. -------- Here is some fundamental data for reference: (mostly outperforming, 3 digit percent...
Good Morning Traders, Not financial advise, at ones own risk:reward GME failure to hold levels gained and losing level sends this back to the origin. NYSE:GME to 17 Too many believers without continuation turns the believers stop loss to close orders as fuel for down. Will be back with an update around target price with an update and possibly a long. Have...
Trying to shed some light on the potential path for both stocks and what levels im watching!
NYSE:GME - Thesis - Management is Ryan Cohen; the buffet approach - With over $4 billion in cash, Game Stop has a better Price-to-Cash valuation than plenty of companies inside NQ. - RK comes back after a three year hiatus, with transparency of his portfolio. - Market structure is forming a moon landing to $120+ per share. - And with a cultist group of...
Key resistance support levels set up and will be trimming position heading into the $40 level. MACD Cross + RSI Cross/Uptick + Broke above 7D SMA. Bye bye.
Roaring Kitty sold his calls for a lovely profit. Rolling those profits directly into common shares. He has no amaased over 9 million shares. Matching the exact amount of Ryan Cohen in 2020 This deep value trader is certainly not done with this stock.
BB on the 15 minute chart has earnings in three weeks. Price has been meandering sideways for two weeks after some significant volatility in mid-May. I believe it is now due for a change of phase/cycle as the earnings approach. I will place a long trade here targeting initially 3.10 just below a significant level to the left being the consolidations before and...
Good afternoon traders, I like the stock and the price action with confluence of other variables. I am long. Weekly line chart Price action basics I learned. New low/same range as sent it up holds try again Monthly Line chart. NYSE:GME to $42 blaze it
Our strategy is to wait for the large green dot to enter a long position. Today at 12:30, we got our large green dot buy alert. We never trade with emotion. By eliminating emotion, we can trade successfully and make huge profits that will pay for the software 10 times over. NYSE:GME #gamestop
NYSE:GME AlgoTradeAlert Momentum Algorithm Indicator We never short growth stocks or stocks with a lot of volatility. If we were short, we would have covered our short position and gone long. Instead, our strategy is to wait for the large green dot to enter a long position. On June 10, we got that large green dot and we entered into a long position. Yesterday at...
Remember when Elon used to tweet about Dogecoin, causing the entire market to react wildly? Market cycles repeat, and this one is no different. What we've learned is that driving up prices through tweets, Saturday Night Live appearances, or YouTube livestreams is unsustainable, and the positive effects are diminishing. Yesterday, expectations for the livestreams...
GME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below...
GME is the most talked about name in the market at the moment with the roaring kitty saga. We have it on high watch. Our premium indicator nailed the initial move and gave two blue continuation bars which captured the last move. Although we believe the "squeeze" is likely through, we will be watching for another continuation setup to punt over the next week.
Waiting on Indicator to flip long. Will probably be dependent on the FED tomorrow but willing to take a chance here. Stop Loss set at 19.75 NYSE:GME
Entry , stop and target are shown on chart. Check my previews trades !
This is being posted in addition to my weekly chart so its easier to see. Original weekly chart can be found in "related ideas" underneath this description. Expect the next 2 weeks to be extremely volatile due to several upcoming events: Earnings Release: June 11th Annual General Meeting: June 13th Contract Expiry: Over 140,000 call contracts expiring on June...
In a recent video, I covered a trade idea prior to the Gamestop (GME) bull rally. Since then, we’ve observed a significant bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, provided that price action aligns with my analysis from the video. The market is currently moving sideways, and if we wait for increased...
In our recent video, we conducted a concise technical analysis of GameStop (GME). After a bullish rally, GME became overextended, hitting resistance levels and subsequently retracing significantly. Currently, we’re closely monitoring key support levels. Our primary objective is to pinpoint an optimal buy entry point within this critical support zone, provided that...