GME- It is Time

It is time for GME to get moving

Elliott Wave has charted the path

B U C K L E U P...

Lets zoom in just a bit

Morning!

Casino is about to open

Nothing much to add from our weekend update other than we continue to look higher

Pay close attention to XRT over the next 2 weeks

L E T S G O

Charts above work for now

And thats a wrap!

All in all a decent day

Support held (held for XRT too which is important) and we saw the market in general maintain levels

Dont anticipate serious movement until all this FED stuff reaches fruition for the week

L E T S G O

Morning!

Casino will be open soon

Looking for continued strength in XRT today which should again help nudge GME along

Chart above works for now

B U C K L E U P

Should bottom soon

And thats a wrap!

You may not think so but today was good!

Pullbacks are healthy..especially when support holds

As we said yesterday, the sooner we can get past all this Fed stuff for the week, the sooner price gets moving

L E T S G O

Morning!

Casino will be open soon

XRT looking strong premarket which should again help nudge GME along

Chart above works for now

B U C K L E U P

And thats a wrap!

VERY GOOD DAY

Support held on GME and XRT and the market is setting up to respond positively to the FED shenanigans this week

Its about to get spicy

B U C K L E U P

Morning!

Casino will be open shortly

We continue to look higher as we anticipate continued strength in GME price

Chart above works for now

L E T S G O

Thinking we move higher from here

lets see

And thats a wrap!

Thought we would head higher after lunch but we ran into some broad market weakness which pushed us lower

As we have been saying we should really get moving after we get past the latest Fed convos (aka Hopefully J.Powell doesnt say anything crazy tomorrow lol)

Morning!

Almost time for the casino to open

All eyes are on J.Pow today

Market is positioned to react positively to his speech but we will see

Chart above works for now

L E T S G O

And thats a wrap!

J.Powell didnt let us down and did the right thing and put Sep cuts squarely on the table...now lets see how the market reacts on Monday

As for GME we ended green and above support

Saw some selling at end of day which is typical for a news filled day around the Fed

Price structure is still bullish therefore we are still looking UP

L E T S G O

Cleaned the chart up a bit to better show the next major Fib level we are targeting

Morning!

Casino will be open soon

Expecting support to hold and for price to continue higher

As usual keep an eye on XRT

L E T S G O

Get ready..almost time to look up

Time to look up

And thats a wrap!

Ran into some heavy selling at end of day so we have our eyes on the next support down

End of month and earnings on the horizon so selling is to be expected

BUT the overall structure continues to be BULLISH

L E T S G O

Morning!

Casino will be open soon

As we said yesterday, with end of month and earnings on the horizon some selling is to be expected as entities position themselves

As always watching for support to hold and the broader markets/ XRT to hold support as well

B U C K L E U P

Chart above works for now

FYI-selling isnt causing this drop...shorting is...there is a difference

Price has continued to push lower but nothing has changed in the big picture

FYI- in Elliott Wave key fib levels act as support so when support breaks we look to the next key levels

Thinking we see a bottom very very soon

And thats a wrap!

Decent amount of shorting has happened over the last couple days and has driven price down a bit

This is nothing abnormal from an Elliott Wave price structure standpoint

All signs point to us heading higher...just need to get past month end and earnings

L E T S G O

Morning!

Casino will be open soon

Not much to add from yesterday

Still watching support levels and overall market movement

Chart above works for now

B U C K L E U P

Overall market weakness dragging down GME

20 is strong level for many reason so expecting it to hold

And thats a wrap

Heavy sustained algo shorting capitalizing on overall market weakness has pushed price back down to 20

Really funny how they have been slamming the BID the last few days...but hey they always do this right before earnings

BUT even after all of the illegal shenanigans the price structure is STILL bullish

Doubt we get much lower from here with 20 being such an attractive price to retail and institutional buyers

L E T S G O

BTW- notice how every time before these algo fueled price drops, Bots/Shills start to come out of there caves lol...

Notice the user AbisonJoseph in the comments below..obvious shill working for a bot farm (notice the lack of comments, posts or otherwise useful engagement on the site)

These are the same trolls who the hedgies hire to sow discord and kill your sentiment.

They post here , reddit, twitter etc..

ANYTIME you see them start to come out the woodworks, know that a drop is imminent but also a RUNUP is as well...

MARK MY WORDS:

Price is going to runup heavy in Sep

Morning!

Casino will be open shortly

Still watching support levels and strength in the broader markets

B U C K L E U P

Looking good so far

Should see some minor resistance at 21.50 but after we make our way thru that level we should continue higher

G E T R E A D Y

Support and Resistance over the near term

And thats a wrap!

We said yesterday to MARK OUR WORDS that we were about to runup and here we are

The Shill/Troll/Bot (AbisonJoseph) in the comments below was a BIG SIGN that a runup was imminent lol...like we said ANYTIME they crawl out of their $2 dollar per hour hedgie funded caves price runs higher lol

This move up off the 20 level is taking form as a CLASSIC elliott wave impulse so get ready for a lot more of what we saw today

B U C K L E U P

Morning!

Casino will be open shortly

Looking for continued upward movement

Keeping it simple and just watching support and resistance

L E T S G O

Might see another push lower to micro support

Lets see if that holds

Price may be tracing out a leading diagonal

Lets see if this micro support holds

Ok that move lower invalidates the leading diagonal setup so we are back to watching general support

Ok thinking we head higher to the 26 level from here

Lets see

Ok running into some broad market weakness

Watching lower support levels

And thats a wrap!

In spite of the red this was a great day all around!

Support held and the price structure is EXTREMELY BULLISH

Expecting support to hold and price to head to the 26ish level