Blast Off. Rest stop at 180

7 thg 6, 2022

This is the thought process of GME and its pretty cool.

It's time.

7 thg 6, 2022

Ghi chú

"I don't know where to go from here... oh wait... MOOOON"

~GME (quote of the day)

7 thg 6, 2022

Ghi chú

Here are the precise levels I am looking for:

162
187
205

8 thg 6, 2022

Ghi chú

Quick recap, moral of the story GME responds to "come here boy" apparently and needs a bone thrown toward 180. The options for this week are only priced for a move to 160s but I mentioned in a comment there are some indirect catalysts tomorrow that could send it a lot higher:

- NVAX FDA thing or whatever, highly shorted names pop in unison as if they have covid and the gains are highly contagious

- SPY target for tomorrow is 420, it completed wave 4 (triangle) of its impulse off the lows and I'm seeing wave 5 extending to 424-426 lvl, possibly 430 over next week or 2 (tomorrow it should move to 420, then retest the 415ish breakout, and then complete wave 5 before pulling back with some retarded ABC dance... expect GME to juice this on remaining impulse wave on tilt

- the whole SEC thing should make everyone want to load the boat with shares before they auction our soul or whatever (I don't really know much about this whole ordeal but its giving GME some near-term press indirectly?

- I use a time series model to estimate expected ranges for the near term horizon and GME could trade up to 187 tomorrow without becoming a statistical outlier, 205 by Friday (these are upper limits, not point targets)

8 thg 6, 2022

Ghi chú

Oh last thing, notice how this Gann Fan has been money for the intermittent levels... Gann was the man, SNOSAM EERF represent.