CryptoParadyme

Is Gamestop dead or just resting

شراء
CryptoParadyme تم تحديثه   
NYSE:GME   GameStop
January OI on $5 and $6 calls rising. Two gaps to fill.
تم فتح الصفقة:
Bought $6 strikes on GME for January. Goal is to fill the gap and take profits.

Also bought a modest spot position and will sell 50% at the first gap fill.

Stop $4.25
تعليق:
Insiders buying.
تعليق:
Weekly bull div playing out.

تعليق:
First gap fill could come as soon as next week.

2nd gap fill may take a year or longer.
تعليق:
Trendmaster, a script I use for long term trend following has printed a 3D buy candle.

تعليق:
Was looking over the insider trades lately and noticed that these insider purchases are the first since 2016.
تعليق:
Added January 2022 calls

$7 strike.

If GME goes to my second target these will pay off nicely.
تعليق:
GME monthly close showed us amazing volume and a monthly bullish divergence playing out.

تعليق:
I'm going to update this weekly to document my genius/idiocy.

GME's weekly chart came right up to the ATR/Gap. Which could be signs of a local top. But the weekly close over resistance heading into holiday season has me thinking this is prime for a short squeeze.

تعليق:
GME still closing above resistance on the weekly.

تعليق:
A violent rejection from the gap again. Beras being silly. This is going to happen eventually.
تعليق:

Tested and closed above another support.
تعليق:
Took some profits on my spot positions and letting my options run. Will look for a fresh entry on spot as I'm not enjoying the current potential lower high we're putting in. Also seeing more puts come in the higher we go.
تعليق:

Re-entered average 5.75. More $6 calls as well.

Earnings estimate has flipped from negative to positive.

Still above the cloud, we did get a bearish tk cross but GME seems to be fighting back.

Will be hedging earnings with $4 puts where there is 100k OI but shorting GME is a crowded trade and I think the bears will be disappointed.
تعليق:
Beautiful.
Breaking the prior high into earnings at the daily close. Bulls showed up in a big way at close.
تعليق:
Rough year so far for GME tumbling down hard. IMO GME corp is averaging down their buybacks here and not permitting the stock to go any lower. The holiday sales report was disappointing. But it wasn't the only company with rough holiday sales. See: target.

Continued adding more as we bled out. Sold a few puts for july.
finally we seem to have found a bottom.
تعليق:
I sold most of my GME holdings but I'm staying long in my deeply underwater 2021 calls.


We are now at a major daily pivot.

GME has released pricing for their beta stores event rooms (for birthday parties or when you want to get together with friends). Fulfilling my prediction that they will be generating new revenue streams.

GME is a big gamble at this point and you should be handling your risk. But I want to say we're close to the bottom.

GME will be at $10 with a hint of good news.

There is a lot of fud around them declaring bankruptcy and their credit rating being lowered. I'm ignoring it.

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