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Gamestopstock

Game Stop [GME] - 7/15/21 - It's going DOWN. Here's my analysis on GME. It's been weakening for a month and we just got a death cross. Not a good look. Headed down for the foreseeable future. Must hold at Support #1. If it can hold, that's a good sign. If it breaks below that, it's gonna be a LONG summer. If you're still holding at that point, I'd probably just HODL and move on to other stocks and wait until the next time it pumps. In my opinion, this is a very RISKY asset. It's a pump and dump. My approach to trading this would be to enter when it creates a floor... and then sell for profit when it gets pumped. Rinse and repeat until this stock no longer is being pumped and dumped and they move onto the next one. Not financial advice, but just my thoughts after observing GME over this past year and hearing all the rumors and theories out there. The idea of a MOASS is keeping investors from selling when it gets pumped and even has investors buying HIGH. This can be a recipe for disaster. From my observation of these meme stocks, this is a risky game here, especially for new investors/traders. Don't worry about facing off with the "hedgies". That's likely to be a losing battle and that's not worth the headaches. The way I'd approach it is to get in at a low price when it drops... then sell after it pumps and take my money to the bank. Rinse and repeat until it's no longer being pumped and dumped. The reason we trade/invest is to make money. Gains are not guaranteed. We can't fall in love with a stock and we can't fall in love with an idea. We have to take profits when we see profits. In the end I could be wrong and the MOASS could be coming but I wouldn't bet my life savings on it. Maybe grab a couple of lottery tickets at the most. Just my 2 cents.
CAPITALCOM:GMEShort
by TraderFromTheNorth
GME reached important support levels. Is the bottom in?GME reached the 200 MA on the 8h + extended hours, it hit the S3 weekly, the diagonal support, a VP HVN and it managed to get into an area that was previously resistance (currently turned into support). So to me this either is the bottom, or GME is in trouble. This is a massive combo and the structure of GME in the long term is still bullish. In my opinion the double top at 340 has a change to break and is what has me quite bullish. Of course there are several issues in the global economy, meme stocks haven't been doing well and so on... but this doesn't mean that we can't see another big rally. That requires that things don't crash right now and that we stay in a bullish environment for stocks... which over the last few weeks/months has been turning bearish and mostly favoring large caps. Going long here isn't a bad choice imho with stops below 160, otherwise wait for the market to close above 220 to start looking for longs.
NYSE:GME
by BitcoinMacro
9
GME may continue the climb, but is the risk worth the candle?The advisor Market Miracle generated an input signal for the title GAMESTOP $GME at the price of 237 USD with a target of 315 USD. The company is known by all for its capillarity on the territory but also for the recent events that have seen the value of the action literally skyrocket and not because it is a particularly healthy company. In fact, its balance sheets are certainly not the most rosy but the value of the stock has risen and climbed again on strategic plans of the company that provides an online reconversion of their business and thanks to groups of traders who have recognized in GAMESTOP a possibility of Speculation actually managing to bring the title to unimaginable levels. But the risk is worth the candle ? This is what every trader should assess at the time you operate on the market, the risk of getting stuck in a stock for years without seeing any profit but only losses is not in my humble opinion properly evaluated. Then surely the title will go up again and maybe even the forecast given by Marketmiracle will prove effective giving rise to profits but I personally prefer not to betray situations like these. According to the graph the situation is compatible with the one reported Marketmiracle for which I expect in the short a movement of the prices like those designed by me on the chart, but I will definitely not take positions. This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
NYSE:GMELong
by MarketMiracleAdvisor
1
A big move for GameStop is awaiting Its exponential moving averages are completely congested, it will soon be looking for a way out in some direction. It has a descending volume, which can make it more sensitive to any sudden movement. Anything can happen with this stock. If it goes up, I think it would go to at least $350 and if it goes down, it may drop to $100. In the last 2 occasions the stock maintained a strong correlation with the VIX (that is, it rises when there is high volatility), currently this indicator rebounded slightly after touching 16 points, if the rise continues and there is a significant rebound (at 30 points or so) may GameStop do its thing again as a backup asset. The deadline for something like this to happen is late this month or early May, so it won't be long. NYSE:GME
NYSE:GME
by amateur_trad3r
22
GME Gamestop Bullish once again???If you missed my last GME Gamestop post that perfectly touched the target: Then you should know that you can find $315 option calls for GME Gamestop for March 26. Do you think GME still has the fuel for another bull run?? I`m looking forward for your opinion. Meanwhile, if you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NYSE:GMELong
by TopgOptions
42
A possibility...So, the red key there I put next to a segment of red line. When it comes to these pennant continuation patterns, my understanding is that when they complete they go up by roughly the measurement of the left side (flat side) of the pennant. That segment of red line is the same length as the green arrow over on the right. What I'm thinking is that the pattern might complete at some point along the horizontal green line above the pink arrow, and from there go up roughly as high as the length of the back of the previous pennant. Just thinking out loud here, folks. Happy to hear your thoughts!
NYSE:GMELong
by Incogniteaux