GameStop
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I like the stock to $42

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Good afternoon traders,

I like the stock and the price action with confluence of other variables.
I am long.

syot kilat


Weekly line chart
syot kilat

Price action basics I learned.
New low/same range as sent it up holds
try again

Monthly Line chart.
syot kilat

GME to $42 blaze it
Nota
target hit.

syot kilat
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
syot kilat
$87 looks preprogrammed
Nota
the close over $42 sends this to $54
closing $54 sends to $78 and $87 range


not financial advice.
don't be dumb.
at ones own risk:reward.
Nota
GME $54 almost here
syot kilat

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.
Nota
syot kilat
Nota
rejection of the $54 level, I'd look for similar price action as highlighted here
syot kilat
a loss then regain of the level, then try again for a new high.

same thing highlighted here
syot kilat
the premise described and highlighted above

is why GME is currently retesting the $54 level marked.
Failed, held a level gained, try again.
syot kilat
Nota
GME gaining $54 level
$78 next.
Nota
syot kilat
hedgies provide the tendies
Nota
in before gill is a billionare at $69
Nota
syot kilat
Nota
update on initial chart
syot kilat
Nota
inverted
syot kilat
syot kilat
on inverted, gain yellow line to try for new local high.
regular chart.
syot kilat
if lose levels continually to $42
then local range high/lows and red lines marked below $42 to be tested
Nota
syot kilat
Nota
Update
syot kilat
Nota
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 gained
Nota
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 GME later today if it turns around or we see a bottoming, but not expected currently at this point in time.

unfortunately, the chart looks bullish on inverted.
syot kilat

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 pump
Nota
syot kilat
catch a bid here or it dies for now
Nota
the big boys are here and in full control.
syot kilat
Nota
looking for rejection around $44 and continuation down
Nota
42 high probability
syot kilat
Nota
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.
syot kilat

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 stream

manage your risk like your fighting for your life with a lion.
it might not feel that way, but thats how it is.
Nota
syot kilat
GME closing over $38.7 sends to $42.7
Nota
would not surprise me to see some troll number like $42.69 or $42.0 being the high on GME prior to start of the Roaring Kitty stream.
The sophisticated actors within this market enjoy memes.
syot kilat
Nota
GME trades under $28 today
Nota
GME to 17 - New Idea
$GME to 17
Nota
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/
Nota
syot kilat

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