$GME is approaching a nice bounceHealthy bounce in the forecast, don't know anything about the company but I like the chart!Longby SHOOZCOIN4411
GME: Jan 2022 vs. Feb and May 2021 (revision)This is just a revision of a previous idea. Same concept. There are certain similarities in chart patterns and behavior leading up to a runup in price. If you don't know what happened on 2/24/21, you should go look. Meaningless thoughts: One could say that these patterns also exist in other portions of the cycle - if you squint real hard, you can see this actually happens multiple times in a row each cycle, starting steeply down overall, and eventually leveling out into something like a double-bottom. That's the one thing that is not in a hodlers favor this cycle: no double bottom, yet. but....(pun intended) this is qualitatively the worst down cycle since January 2021. Depending on your perspective, one could argue no double bottom in February, either....... I wouldn't be surprised if GME dropped to $40, at some point. I wouldn't be surprised if it made a detour to $150 first. I also wouldn't be surprised if it didn't. I WOULD be surprised if it hit $40, and never came back. (not counting for splits, apocalypse, etc.) Keep your finger on the trigger. PEACE Longby BadCadaverUpdated 7
GME: Last 2 bottoms before run-up vs. nowNothing special here, just chart similarities. Tradingview wants me to word more language, so I will now verb: Mairzy Dotes and Dozey Dotes and little lambsey divey, a kittlee divey too, wouldn't you? I mean, mares eat oats and does eat oats and little lambs eat ivy, a kid will eat ivy too, wouldn't you? Longby BadCadaver336
GME - OH YEAH I LIKE HOW THAT LOOKS !!!Ik i have been posting a lot of bottoms lately and its bec there have been a lot! GME has had this weird daily price action where it closes red on the day with a green daily candle but does not really make any new lows. Breaking above this gets my nips ready for another rocket ship moon landing. I got NO2 and turbos in my rocket ship. My rocket ship goes fast!!! My moon tickets were bought, did you forget to buy yours anon?Longby FibTriangleWavesForDayz6617
$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.Longby leenixusu303054
GME: THE PRICE IS WRONG / CYCLE THEORY, WHY WE WILL MAKE A RUN First and foremost, credit to u/PWNWTFBBQ Not financial or sexual advice. GameStop runs on 90-day cycles, 17 day run-up, and is followed by a big red candle. If this cycle theory proves itself correct, the following dates we should expect a run-up would be: Jan 26 - Feb 22 April 25 - May 16 July 22 - Aug 10 Oct 20 - Nov 10 Longby SierrasTrades117
GME: Feb 2021 vs. May 2021 vs. Jan 2022Well, this is interesting, in a purely speculative sort of way. There seems to be a trend in patterns when GME bottoms out before the next runup. When will it start? Who knows. These things never play out like one expects. I'm expecting Thursday, so it definitely won't be Thursday. What occurred to me just now is that it's been roughly a year since the big squeeze, or whatever you want to call it. A few days from now will mark the anniversary of the last time it dropped below 100, and stayed there for a few weeks. I wonder if there were some folks who shorted GME hard back then, and have hodled ever since. And I imagine there were a few folks since then who shorted hard and hodled their short positions, because it never dropped enough to make them money... I bet there is a subset of folks who shorted, who are just now beginning to see green. And I bet that green is looking mighty fine, what with the rest of the market bleeding red. I bet there are some folks out there who are mighty anxious to start closing their short positions. Anyway, that's just me daydreaming. Feel free to make your own crazy theories. This is not financial advice. Just a bunch of hot air. Good hunting. Longby BadCadaver116
GME: Jan '22 vs. May '21 (more crop circles)just some interesting correlations with last May. Or not. I know nothing. IGNORE ME!!!!!Longby BadCadaver113
GME: Short term speculationJust an idea - pure speculation. I feel like I've been seeing this pattern a lot with the meme stonks. spike down, recover, spike up, return. Not financial advice, I don't have a finance degree, though I do have 98.6 Fahrenheit degrees. Don't listen to me. Feel free to point and laugh when I am wrong. by BadCadaver334
summary of $GME´s future path IMO, GME has lots of bagholders (see the chart! Lots of selling at every pop). I will wait for a rise near the trendline, then will short it to the downside. It might even go all the way to $20ish in the futureby kimnamas332
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. Longby SPYvsGME2211
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.Longby UnknownUnicorn1043646Updated 101072
GME possible wave countLooking to re enter when the opportunity presents, labelling as show in the charts all the best. by rattle82Updated 220
support is farthe support zone is bit more far yet so it ll go more down. unless company got better plans. happy trading.....Shortby tara07860336
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 GEXLongby SPYvsGME118
GME BOTTOM FOUND! HEDGIES R FUARKED!Get excited GME CHADS!!! 0.5 puts expire today... push below 100 to make paper hands scared lol. I have never been more bullish! My call option position has been tripled today! BUY GME !!! GET YOUR MOON TICKETS NOW & I'LL SEE YOU ON THE MOON !!!Longby FibTriangleWavesForDayz3312
THE GME DOGE CONNECTIONNOTICE ANYTHING? Am expecting history to rhyme T- couple of months i'd say not trading advice GRI 2022by Great_Reset_Investing6
$GME - Trade at your own riskAfter $GME fell back to 40 in Feb21, I really believed that the hype was over (and felt sorry for the poor soul that bought above 400). But, amazingly, price rebounded, and now we have some sort of a triangle in place. If I was tied up and forced to trade $GME, I´d wait for price to reach the yellow buy zone, so that at least the r/R ratio would be pretty good.by Stoic-TraderUpdated 14143
Gamestop Resurrected ! OMG !!!!Read this article regardless you are vested in Gamestop Corporation or not !!!! Now, who's to blame for all this frenzy ? The regulators that approve the brokers' license , the dirty brokers or the greedy retail traders ? Well, I leave that to you to ponder over it but seriously, someone or a group of people is going to get hurt , real bad. It is unhealthy and create a culture of gambling according to the wise old Charlie Munger whom is widely regarded in the investment world. Yes, I know, we live in a world of instant gratification and judging at the type of products and services launched year after year, we human beings especially those who lived in big cities are guilty of it, wanting things faster and faster. Think big TV screen, think internet speed download, think fast food, think GM modified food, think liposuction surgery, pills of all sort to get you slimmer, prettier, etc. Oh, this world is crazy enough and now the world of trading has recently joined in the bandwagon. With zero commission, literally no knowledge of investment and with a small capital base, ANYONE can open an account and starts trading .Add in gamification element and referrals start pouring in , earning reward points for the early adopters. Influencers start to brag about their profits within minutes or hours and naive followers like bees swarm to partake this "honey-like" stock , chasing it sky high and crashing it down and resurrect it once more. Wow, sounds like roller coaster ride ! It gets these people HIGH, as if they are on caffeine or something and the boasting community that somehow catches it at bottom and shorted at peak amassed even bigger crowds to join them. Who cares about fundamentals and what this company is doing? All I want is for the game not to STOP ! Like the cruel Covid-19 pandemic that brought many entertainment outlets like bars, whisky joint to its knees, stocks like GME and AMC Entertainment and some more - would they be able to survive any longer in this crazy world or would they seek repentance and be banished from this earth ? by dchua1969Updated 336
Let's play the GaME!GameStop broke this triangle 📐 up, and I think there is chance for run to 605 USD and even higher. Just bought the pullback to the BUY level, which is previous local high now acting as support. Let the game begin! 🎮 ENTRY : previous local high @ 189.33 SL : local low @ 136.5 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 605 RRR : 8 INVALIDATION : when SL level hit Like👍 & Enjoy🍿! #GAMESTOP #GME #STOCKS #WALLSTREETBETS #WSB #SHORTSQUEEZELongby bizmarkUpdated 161644
You are all looking at the chart wrong.A description is worthless at this point. We all know why we’re here. Buy, hold, DRS. You can all believe what you want, but in the end, everyone who truly believes in the stock is already DRSed and holding. We are just waiting for the fun to begin :) Thanks for the discount hedge funds. Time to load more. GameStop could visit 50. It probably will. But that is when I will load the absolute most I can into this stock. The ultimate discount. We know where this stocks price will be in a year. Thanks for making me a billionaire off of chump change and Diamond hands Mr. Griffin. Btw you lied under oath. Enjoy H-E-double hockey sticksLongby Trexarch121225
GME to finally rise?Nice set up here for GME here which I believe will result in a FOMOLongby SkyTreesUpdated 5513
GME SHORT hype is overI´m very sorry for pessimistic prediction but according to current economic situation and missing new "reddedit fundamentals" it looks GME hype is over. Actual problem is, that during the hype fly we have missed to form any solid support (resistance) so I can see a big empty area between 108 (actual price level) and 41. For GME holders I would wish to be wrong with this idea. But I think, this investment is in danger. This is not a financial advice.Shortby Rendon118183