That epic move from GameStop Q1 Earnings followed by Annual Meeting | Chainreaction TA
TLDR:
In my previous post I talked about swaps and how they would line up to my theory every 70 trading days after a friday.
So according to that theory the stock should run next week. Im confident in that, yet I dont know what really is going to happen. Because its kinda tricky. Crossing certain price targets could create a chainreactions which will increase buypressure and lead us mooning.
Hedgies have to stop it beforehand.
But lets have an incredible bullish thesis first. [All of the post is Not financial advice]
Earnings were always about dipping the shit out of GameStop, doesnt matter whatever they have reported. As soon as the earningscall was on, the stock dumped 10%.
But now, investors who have bought in... Institutions and some rich guys, they cannot dump it before the anual meeting. They have to hold their shares for the votes to count, that they have given until after the anual meeting, am I right?
It wouldnt make sense for me, to buy a stock and vote, then sell it before the meeting. Not logical for me. And those who have bought in would expect the dividend in shares. So, no reason to sell again.
So they literally fucked them with this move.
Not really sure what is going to happen on earnings, but my guess is that they will try to push it in AH.
Then use the excuse for "bullish annual meeting rumours" in the news to justify it. As they always do.
I guess they will try to dump GameStop after the anual meeting, since votes are casted.
The current golden pocket (an important fibbonacci area) lies at around 145$.
In my opinon, Hedgies have calculated this move already beforehand. They planned to return it to around 145 then dump it. As it is a critical point that GME moves to the next fibbonacci zone.
The market moves with algorithms, fibonaccis are their home. The computer does all of it.
But what would it mean if GME crosses 145?
Hold onto your buttcheeks.
At 205 we have the next golden pocket, but from the Top of June Runup to the bottom of now.
We are at this point if this crosses we are heading to the 300+ again. Even 800+.
We have to fill a gap at 290$ anyway since June. Would be nice to finally do so.
I predicted 170$ to hit 95$ from last time and people didnt like what I was talking about. But I just try to help. Thats my mission on this sub. To be helpful. As many here helped me learn a lot aswell during all this time. And its my passion to talk about my favorite stonk and meme with it all day.
Looking at this chart, and this TA that I try to provide logically. It is kinda scary.
Hedgies have 1 bad move and they are done for.
They will try with everything they can to not surpass 145. If they let it slide, they are dead.
It will lead to a chainreaction of these important zones that I marked. And why it can move like that is, because they have made themselves this scenario. Its just logarithmic numbers and computers. The stronger you dump it or push something up, the bigger the fibonacci zones.
So whatever they wanna do, the algos will just push it and they cant stop it.
GME can in this scenario create another all time high.
Ill show you another one from the very beginning of the sneeze.
Busting through 200 here and this fibbonacci zone, we are heading to 2,3K.
Its all algos. And I think this is where the stockmarket will crash. As they all will get liquidated. Through all the golden pockets I showed you before.
Imagine this jump to 2,3K and then trying to retest the 480$ area. I know its sounds crazy af. But its legit.
This is where you will get tested wether you paperhand or not. Incredible pressure, understandable.
But I dont care, its just numbers for me, and I aint sellin shit before I see what I wanna see.
During this time I would expect the biggest FUD ever, the "SQUEEZE FINALLY SQUOZE" yea, at 2,3K.
Kinda believable for the normies. But not for diamondhanded apes.
Lets say, we are heading to paperhand area, 480. Retest.
Retesting successfully 480 and bouncing off of it, would lead to retest the goldenpocket. If that succeeds, which probably will in a liquidation scenario, we are heading to 6K.
And it will be an ongoing scenario of price moves that will blow your mind.
You dont wanna fuck with a fibonacci and logarithmic numbers.
And not really if you have no power shorting power anymore.
If the other half of shareholders are diamond hands.
Hope you like to get a bit of the taste what mathematics are. And how it little cares about feelings.
And with this I wanna remind you, since it has been a while since the sneeze, that MOASS is a cute word, but its acutally a real monster. But not created by retail, but created by them.
Blaming people for holding a stock, that they manipulated themselves because they were greedy, is wrong. This is going to change the whole world.
This is the reason you have experienced all the fud, all the nonsense sell sell sell articles, bad news, bad mouthing. Because they know what Im talking about here.
I dont know what else they do to the stock, that it has zero volume all the time in PM/AH.
It looks kinda like they pull a cable from the network/server or whatever, god knows what they are doing. Incredible manipulating stuff and we see it all the time when we notice these "glitches".
This thesis is all about the current 75M outstanding shares.
This might play differently in smaller numbers if the shares will get increased and we get the extra shares as divis. It could very possibly be either during or before the market crashes. I dont know.
Maybe the split happens at 2K, maybe at 480. Who knows. Only Ryan knows that.
We might be really in the end times now. This sub has made me feel so alive all this time and it has been so incredible. Thank you for the education, for the memes, for everything.
Well enough talk, I'm boarding the rocket. Infact, I never left it. ð
And just in case if MOASS is not at that day, its always tomorrow.
ððððððððððððððððððððððððððððððððððð