Gme looking good

31 בינו׳ 2023

Some people have been worried about GME and if the cycles were dead. Good news gme looks to still be on the cycle. Bad news Nov opex was in November. Shocked Pickachu face. After falling from the August run up gme stayed flat (1) while other meme stocks like AMC and TSLA fell (2). Because gme didn't get shorted it had a weak barely noticeable Nov Opex. however, as you can see other meme stocks did have a Nov opex (and you can even see gme did too albeit a small one). No shorting no opex. This may be disappointing for people still waiting for it. Good news however is after Nov opex all the meme stocks got shorted (3) and we seem to in the middle of bouncing from that (4). In short gme was dead sept 7th -dec 7th but now appears to be back on track.


Gamestop correlates strongly with inverse VIX. Correlation broke on Oct 31st 2022 for some reason and restored Jan 6th 2023.I believe we may be playing out the Vix movement from Oct 31st onwards delayed. VIX has gone down since then so we should go up.Vix has kept its trend and should go lower today and Gme should pop today. I believe we may be playing out delayed price action from when correlation broke (labeled with a 4) Would like to see a 10% up day and to break 24 today. Other meme stocks have rebounded to the price level they were at before they got shorted down. I expect gme to eventually get back to $25-$27. Depending on optiion interest that could cause a large run up past that. Also, ftd's have started on gme again stocksera.pythonanywhere.com/ticker/failure_to_deliver/?quote=gme and are due in febuary further helping gme. all in all, it's been a rough several months, but everything is looking really good for a run on gme soon.

1 בפבר׳ 2023

הערה

noticed on the gme monthly that our recent peaks have been 3 trading days apart. so I hope to go up today and to make a new peak ($24) by eod tomorrow.

3 בפבר׳ 2023

הערה

Well yesterday we did indeed make a new peak in the $24 range. I am very excited. GME and VIX are still following the same pattern, so I expect vix to make a new low and gme to go down today and early monday and make a new high in the $25 range Tuesday. I hope that at that price hedging of the option chain will cause gme to rip. Will do more research over the weekend but I think gme has a big run next week and I think it will start Tuesday.

3 בפבר׳ 2023

הערה

I will be posting a new idea during the weekend after some research but gme and vix are still doing what I want them to. If crypto moons this weekend that's a good sign.