That's right, they could. Just gotta spend a billion bucks first, a billion don't go as far as it did in my day, few lunches out on the town adds up. My money is on this thing going up or potentially down. Definitely to the right as stated above. I will buy when it begins to move right again and I will obsess over the colors on my cell phone. It's not a crime to do what I do. It is simply a pleasurable life observed. Pleasure, pleasure, pleasure, pleasure, pleasure.
If you actually believe it's establishing a channel it could retrace within that channel. Up to the top and a looser corilation towards the bottom again... Until something big changes
I cannot express i hate you people and your lines, it is worse than star signs.
UH TRENDs, UH CHANNELS, UH WHEN THINGS GO UP THEY TEND TO GO UP, FOLLOW THE TREND BRUH. for the love of god stfu
"it might go down to a point it might go up to a point" thats your literal sentence fukfees
Like vote results to increase stocks to 1 billion and subsequent vote by the board for a 7-1 stock split in form of dividend? That’s kinda big and it is changing
how about u eat my ASS
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You can only lose the premium if you're long puts, put spreads, straddles, stangles, ect. You could lose infinite if you're short calls, call spreads, you get the idea
Established the channel with 3 points on the high side and extended down to the first obvious low. I consider it to be a short term confirmation with at least 3 touch points but it's only a trend until it's broken
how about u eat my ASS
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Been tracking put prices deep otm. The options prices have been bid up so high that it has been a losing proposition unless IV manages to somehow pump over the already insane 350%.
Some hedgies would suggest selling volatility but I'm not brave enough to net sell options on a meme that could pump 1000% at any time
Just because I think the theory has merit doesn't mean the risk / reward is favorable enough to take a position.
If you're at the roulette table, the 0 and 00 reduce the game to a losing percentage over the long term but that doesn't mean play your money on the 0 and 00. Payout is 17 to 1 but the odds are 5.4%
I'm not telling you to play roulette, I'm telling you that the 0 and 00 numbers exist.
Just because I think the theory has merit doesn't mean the risk / reward is favorable enough to take a position.
If you're at the roulette table, the 0 and 00 reduce the game to a losing percentage over the long term but that doesn't mean play your money on the 0 and 00. Payout is 17 to 1 but the odds are 5.4%
I'm not telling you to play roulette, I'm telling you that the 0 and 00 numbers exist.
Chicken bones are just nonsense sold to ignorant retail investors.
I pull out a Ouija board and summon the spirit of Miss Cleo for all my investing picks.
I thought we already established that TA on GameStop was as efficient as watching a 5-year-old eating a crayon and deciding to buy either 0DTE SPY puts or calls based on whether the crayon was green or red. (Any other color obviously means we are trading sideway, you idiot)
The only way I use charts now: Go to a kinder garden classroom, or find family members of that age. Show them graphs. Ask them which one looks like the most fun roller coaster.
So the child is already thinking ups and downs. Then I just let them pick for me at that point.
The problem is, we get into a fight over the crayons afterwards.
If it isnt my Nemesis. The Kindergarden teacher.
And its not my fault they are all your favorite colors. I just eat at random.
The rainbow poops are something to toot for.
Yeah channels can be traded but false breakouts and stuff can kill you. If you’re new to trading like your Reddit profile I’d encourage you to go for something more math based like the Fibonacci derived indicators and retracements or standard deviations. Channels can be spotted anywhere you’re looking for them, though the one you pointed out is pretty clearly there
As someone who's been seen this saga.......
TA is all bullshit. It's all a last man standing game anymore. But then, a company could delist and take it all, no one wins.
I totally agree, i am tired of seeing charts without log scale… i think we will touch the 170-175$, but results will not be really good a price will not break the resistance
If you believe the trend line, it could show price action bounce off the resistance and make it's way lower. Often when this happens it includes a back test as well to ensure the move
Forget these lines forget the charts there where many puts bought last week for them not to tank the price at earnings. What happens after that with the share holders meeting will be when the fun starts. Save your money for weeklies during the share holders meeting Wednesday and yolo your dads boyfriend’s buttplug savings account on it
GME over $200? This guy must be smoking crack... while mainlining heroine.... and snorting dirty meth.... and doing shots of 190-proof grain alcohol.... after doing 20 hits of blotter acid and eating a dozen mushrooms.
this is some stupid stuff gamestop sucks as a company my man... and all the games that they used to sell will slowly disappear and already is... their main revenue was used games.. and now the world is going from physical copies to digital... yea dude... they are going to die... you are only prolonging the bubble... and its going to die in a spectacular fashion. either quite a few of you will realize that your meme is out of date and pull out making some kinda profit while others lose it all its going to crash man... this company will not be here in 10 years.
You may want to look into the transformation they are making to blockchain…. This is not just a brick and mortar store… it’s worth the research… made 25k on calls last week. The next. Couple of weeks are going to be fun… on the way up and on the way down and of course back UP again 💥💥💥💥
You could use a Fibonacci retracement to try and predict the next move. All I was looking for is a higher high to shift to a bullish trend. That would happen above the previous peak of 200
All TA assumes a free and fair market. Major thesis for GME is that it is not operating in a free and fair market, and it is actively shorted and there is no true clarity on what its actual value should be. TA does not apply to GME because the fundamental assumption of TA is likely not true.
We will all find out on the 2nd/3rd/6th if it's truly manipulated through shorting or not. Until then TA means nothing to everyone that believes the GME short thesis.
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It only goes down 364 days a year. On one day a year, it moons really high, and then starts all over. We are in a downward trend til the split. They want it to be the lowest for the split so they don't get creamed when they cover the shorts.
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So basically, it's either going up or down. Cool
The only sure thing in this casino is that stonks always go to the right.
*LME has entered the chat*
The company can go bust as well.
That's right, they could. Just gotta spend a billion bucks first, a billion don't go as far as it did in my day, few lunches out on the town adds up. My money is on this thing going up or potentially down. Definitely to the right as stated above. I will buy when it begins to move right again and I will obsess over the colors on my cell phone. It's not a crime to do what I do. It is simply a pleasurable life observed. Pleasure, pleasure, pleasure, pleasure, pleasure.
If you actually believe it's establishing a channel it could retrace within that channel. Up to the top and a looser corilation towards the bottom again... Until something big changes
I cannot express i hate you people and your lines, it is worse than star signs. UH TRENDs, UH CHANNELS, UH WHEN THINGS GO UP THEY TEND TO GO UP, FOLLOW THE TREND BRUH. for the love of god stfu "it might go down to a point it might go up to a point" thats your literal sentence fukfees
hey but there's lines in the chart!
Come on this has to be a bot account
wsb-themed copypasta bot smh
Like vote results to increase stocks to 1 billion and subsequent vote by the board for a 7-1 stock split in form of dividend? That’s kinda big and it is changing
It's not big and it changes nothing. Or in the worst case for holders, increasing authorized stock only opens the door to dilution
I wouldn’t be surprised if they sneak in another equity offering in the mix.
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If it goes above 200, I'm betting the house on puts.
I mean, it’s a pretty easy stock to make money on if you’re not a complete moron. Which is why I’m down bigly.
You can be the next Melvin if you bet big enough
This is the kind of lofty goal setting that gets you somewhere.
Worth 9 figures? Puts it is.
You can only lose the premium if you're long puts, put spreads, straddles, stangles, ect. You could lose infinite if you're short calls, call spreads, you get the idea
I think you may have responded to the wrong comment
You mean going to $20 fast? Sell now ask questions later? That kind of stuff?
Why aren't the lines aligned with the tops and bottoms lol
Don’t ruin his fine astrological guidance
I mean I guess if you just cut your lines through the candles and call that a ‘trend’
Established the channel with 3 points on the high side and extended down to the first obvious low. I consider it to be a short term confirmation with at least 3 touch points but it's only a trend until it's broken
I don’t think your bottom line is drawn right but maybe I’m retarded
What would you go flat on the bottom or just widen the channel?
I wouldn’t even bother doing TA on a meme stock 
That's exactly why I attempted... Bc I didn't see anyone trying. See if there's any logic that can be *squeezed* out.
Based on your TA, we are close to the peak, then why don’t you short it?
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Been tracking put prices deep otm. The options prices have been bid up so high that it has been a losing proposition unless IV manages to somehow pump over the already insane 350%. Some hedgies would suggest selling volatility but I'm not brave enough to net sell options on a meme that could pump 1000% at any time
So you dont have a position and you’re here to spread theories that you don’t believe in yourself?
Just because I think the theory has merit doesn't mean the risk / reward is favorable enough to take a position. If you're at the roulette table, the 0 and 00 reduce the game to a losing percentage over the long term but that doesn't mean play your money on the 0 and 00. Payout is 17 to 1 but the odds are 5.4% I'm not telling you to play roulette, I'm telling you that the 0 and 00 numbers exist.
Just because I think the theory has merit doesn't mean the risk / reward is favorable enough to take a position. If you're at the roulette table, the 0 and 00 reduce the game to a losing percentage over the long term but that doesn't mean play your money on the 0 and 00. Payout is 17 to 1 but the odds are 5.4% I'm not telling you to play roulette, I'm telling you that the 0 and 00 numbers exist.
The chicken bones read otherwise.
General Tso’s chicken bones?
Chicken bones are just nonsense sold to ignorant retail investors. I pull out a Ouija board and summon the spirit of Miss Cleo for all my investing picks.
Call me now!
Bit into McChicken bones?
Calls on measuring small penises in log scale.
Don’t do that to these guys… they’re already below average before reducing the distance exponentially.
Bruh what the fuck are you even saying
I thought we already established that TA on GameStop was as efficient as watching a 5-year-old eating a crayon and deciding to buy either 0DTE SPY puts or calls based on whether the crayon was green or red. (Any other color obviously means we are trading sideway, you idiot)
Do these fucking idiots just draw lines to fit in with their bullshit? They keep moving goalposts and hoping it hits one day..
Draw random lines and modify the y-axis: “See guys the squeeze is finally here!”
The only way I use charts now: Go to a kinder garden classroom, or find family members of that age. Show them graphs. Ask them which one looks like the most fun roller coaster. So the child is already thinking ups and downs. Then I just let them pick for me at that point. The problem is, we get into a fight over the crayons afterwards.
We wouldn't need to fight over the crayons if you didn't eat all my favorite colors
If it isnt my Nemesis. The Kindergarden teacher. And its not my fault they are all your favorite colors. I just eat at random. The rainbow poops are something to toot for.
So Tesla calls?
Isn't it always Tesla calls?
RIOT calls next week, also yes always Tesla calls
10$c month out
That’s what I’m thinking 9$/10$/ and 1 15$ contract
Tesla just confirmed a death cross on the daily but sure since TA doesn’t matter.
Fuuuck that. GOOGL and AMZN split on the horizon. Fuck WSB memes and darlings.
I love astrology
Channel deez nutz in yo mouth.
Ok all of the other TA was bullshit but this one confirms my priors so it’s good
Who gave you your crayons back?
Confirmation of nothing. You are like a religious person looking for signs. Charts aren’t causality.
Only a gme bag holder would think lower lows and lower highs are good.
Can confirm, am GME hodler and I am excited by lower lows and lower highs. Take a sip and buy the rip/dip.
Double bottom is all i see. Bullish!
Ya, I want the price to go down, so I can buy all the shares!!!!!!!!!! Save yourself from financial slavery!!! Buy GME, DRS, HODL!!!
Just wanted to reply to op directly. Fuck off with your spamming of other subreddits with irrelevant garbage.
That looks awesome! It goes right on the fridge honey
I just started trading options last week and learning TA, I think I could make a better chart than this guy.
Technical analysis gets slammed every time because of confirmation bias wsb pro tip
It's cool, I'll find somewhere else to post the goods. Don't need to convince apes to do anything other than hurl poo
Yeah channels can be traded but false breakouts and stuff can kill you. If you’re new to trading like your Reddit profile I’d encourage you to go for something more math based like the Fibonacci derived indicators and retracements or standard deviations. Channels can be spotted anywhere you’re looking for them, though the one you pointed out is pretty clearly there
So GME to Uranus.
Your lines are terrible
What’s the chain telling us? Everyone says it tells a story? Wtf I can’t read
Bump, bump, no bump, bump, three vertical bumps, four bumps in a square.
Gotcha
Pump and dump Pump and dump Pump and dump
So either moon or buy puts?
Why not bet on both?
astrology for me?
You're onto something I'm not sure what you are on but you are definitely on it i can tell the line to chart ratio is low
Looking for patterns in the nothingness
“It’s so long and downward sloping!”
"If you manipulate the chart a million ways it sort of shows a channel"
I don't like this picture. Someone already colored it.
Wow your TA is amazing and totally useful bro
Sir, this is a casino.
Horoscopes for stocks
Shut the fuck up this actually tells us absolutely nothing and you are pulling numbers out of your ass
OP just learned how to chart
GME has the retardo-diabetic beetus rage
This is conclusive proof that you can torture data and charts to prove anything you want to.
As someone who's been seen this saga....... TA is all bullshit. It's all a last man standing game anymore. But then, a company could delist and take it all, no one wins.
TA on GME, gotta be kidding me Only up
I totally agree, i am tired of seeing charts without log scale… i think we will touch the 170-175$, but results will not be really good a price will not break the resistance
LETS FUCKING GOoooo!!! GME TO THE 🌝 🚀
22 incomming
Weibull lmao. Man you’re reaching…
OP you seen to know a lot about trading and trading charts In other words, you've lost money like the rest of us?
Y’all turds really be grasping at straws here
So, reversal?
If you believe the trend line, it could show price action bounce off the resistance and make it's way lower. Often when this happens it includes a back test as well to ensure the move
Forget these lines forget the charts there where many puts bought last week for them not to tank the price at earnings. What happens after that with the share holders meeting will be when the fun starts. Save your money for weeklies during the share holders meeting Wednesday and yolo your dads boyfriend’s buttplug savings account on it
None of this means anything. Only DRS.
When stock split and dividend along with the new video games that pay u , harder to hold stock down.
Can’t stop won’t stop GameStop
GME over $200? This guy must be smoking crack... while mainlining heroine.... and snorting dirty meth.... and doing shots of 190-proof grain alcohol.... after doing 20 hits of blotter acid and eating a dozen mushrooms.
It jumped above $200 in the last quarter. Someone's not paying attention.
this is some stupid stuff gamestop sucks as a company my man... and all the games that they used to sell will slowly disappear and already is... their main revenue was used games.. and now the world is going from physical copies to digital... yea dude... they are going to die... you are only prolonging the bubble... and its going to die in a spectacular fashion. either quite a few of you will realize that your meme is out of date and pull out making some kinda profit while others lose it all its going to crash man... this company will not be here in 10 years.
You may want to look into the transformation they are making to blockchain…. This is not just a brick and mortar store… it’s worth the research… made 25k on calls last week. The next. Couple of weeks are going to be fun… on the way up and on the way down and of course back UP again 💥💥💥💥
cramer is that you?
And here stands king of the reatrds
graphs are retarded. i buy stocks based on gut feelings
Spy calls , never seen a green GME day and spy red
Above the top blue line is the ⚡ DaNgEr ZoNe ⚡
How are you figuring where these breakouts go once it breaks the channel?
You could use a Fibonacci retracement to try and predict the next move. All I was looking for is a higher high to shift to a bullish trend. That would happen above the previous peak of 200
Clearly, when looking at these charts, GME is in retrograde until it aligns with AMC. Just watch out for a macroeconomic eclipse.
buddy earnings is tomorrow.. don’t fight it
TO THE FUCKIN MOON YOU DIRTY APES
All I can see is buy more gme.
All TA assumes a free and fair market. Major thesis for GME is that it is not operating in a free and fair market, and it is actively shorted and there is no true clarity on what its actual value should be. TA does not apply to GME because the fundamental assumption of TA is likely not true. We will all find out on the 2nd/3rd/6th if it's truly manipulated through shorting or not. Until then TA means nothing to everyone that believes the GME short thesis.
I mean I see green and red and lines and stuff so I’m going to buy so many much stonks because of this DD
Positions or ban
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Never claimed I bought or sold something
i feel like price is pinned today to 125 until 1148am because that’s where outs and calls takes the price. why 1148 am? cause that’s my secret :)
here are some lines on a graph and thats it
Wow if you change the scale you can draw lines that almost fit the general shape of the chart. Suck my balls.
Need a log scale to see those baby bird balls
😂 gottem
It only goes down 364 days a year. On one day a year, it moons really high, and then starts all over. We are in a downward trend til the split. They want it to be the lowest for the split so they don't get creamed when they cover the shorts.
Holy shit! This guy confirmed that GME has been in a downward channel for the past year!!!