AwesomeAvani

GME - Is Gamestop ready for another run ?

AwesomeAvani Aktualisiert   
NYSE:GME   GameStop
GME this past week showed a nice reversal as seen on the 30 minute chart. Price hit a swing

low on May 2nd and then rose the rest of the week. Is it riding above the linear regression line

set to draw context and direction. On the anchored VWAP bands GME has crossed over the

first standard deviation VWAP line as well as the mean VWAP. Buying volume has replaced

selling volume in the past 3-4 sessions. GME crossed above the POC line of the intermediate

term volume profile suggesting buyers are taking control of the market

Please comment. What do you think? Is GME getting ready for another launch?
Trade ist aktiv:
Call options have launched well - they look good on the ascent. GME's price up 7% since the idea was uploaded. Awaiting shorts interested in covering to fuel the
rocket. Also looking at AMC / APE.
Trade ist aktiv:
GME up 4% today Call options gained 70% Are short sellers buying to cover ?
Trade wurde manuell geschlossen:
I believe that GME topped on Friday. I see a bear flag pattern on the one-hour chart.
AI trend indicator is now predicting a downtrend to $19.00. Trade closed and
switch to put options. Expect more volatility in the upcoming week as earnings are
reported.
Trade ist aktiv:
I have placed a buy-limit order for when the price drops to $19 with a target of $25.00 with a stop loss of 2% and a projected return of 30% making for a great ratio.
Trade ist aktiv:
obviously the AI algo gave a low estimate of the action therefore I believe that a short squeeze maybe underway the AI does not have squeeze concepts in the mathematics- I jumped in this early morning ( 1:30 AM Phoenix time) cashed out the profits and then jumped into call options at the regular open.
Trade geschlossen: Ziel wurde erreicht:
Positions closed at $24.00 will go long again at $19.45 which is new algo predicted bottom on Friday afternoon to set up for the upcoming earnings.
Trade ist aktiv:
Nice sympathy pop today for the general market rally will re-enter with a small position and watch for sustained momentum.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.