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.

GME to $42 blaze it
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.
Nota
In markets where bulls and bears collide,Short sellers face a turbulent ride.
Their obligations, a weight they bear,
As prices soar into the air.
With each tick higher, they feel the squeeze,
Their positions strained, caught in the breeze.
Forced to cover, at prices high,
As buyers cheer and shorts ask why.
In the frenzy of the trading floor,
Shorts scramble, seeking an open door.
But the price keeps climbing, ever higher,
Fuelled by bulls with burning fire.
So here we watch the market dance,
As shorts contend with circumstance.
Their obligations, a costly plight,
In the theater of the trading night.
Nota
the close over $42 sends this to $54closing $54 sends to $78 and $87 range
not financial advice.
don't be dumb.
at ones own risk:reward.
Nota
can have a gain and loss of this level below the local low that sent price up to the 54 level.
closing over that sends to the next.
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rejection of the $54 level, I'd look for similar price action as highlighted here a loss then regain of the level, then try again for a new high.
same thing highlighted here
the premise described and highlighted above
is why
Failed, held a level gained, try again.
Nota
$78 next.
Nota
in before gill is a billionare at $69Nota
the sophisticated financial actors have made their moves in the dark of the night, and it's not looking good.Dagangan ditutup: hentian tercapai
losing levels gainedNota
generally I would be quick to rebuy on a retest of level that sent it up, or new low lower than the low that sent it up.however another 75 million shares is up for offer
I may be back with a reload on
unfortunately, the chart looks bullish on inverted.
All the actual traders of GME that understand price action and risk management will have sell to close orders at the range highs and lows that will be fuel pushing the price down with each range failure towards $23
Nota
looking for a cheeky scalp long prior to roaring kitty stream start.Nota
looking for a reaction around here to $33 for a quick pumpNota
looking for rejection around $44 and continuation downNota
this is not a buy or long term hold unless you have single digit cost basis, the squeeze is being bypassed with a direct share offering undoing the DRS work of apes.looking for a rejection around $42-44 and down during the stream.
The people trading this would steal your kids lunch in front of a room full of people even if they are not hungry, remember that when considering risk managment.
Nota
big boy shorts taking profits, buying to close driving price up so they can sell during the streammanage your risk like your fighting for your life with a lion.
it might not feel that way, but thats how it is.
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already traded under $28. any highs are potential good shorts.Nota
if you like the stock.I have good news
You'll get what you like at a lower price than now.
Looking for $17 incoming.
new updates on that idea. tradingview.com/chart/GME/9SOBFQwT-GME-to-17/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.