GameStopLong
MOASS: WC: 32.31 Target: 1800-2400 MOASS: 47k-100K
Zaktualizowano
TLDR
It's all about PRESSURE & TIME
:)
MOASS Peak: 06/09
It's all about PRESSURE & TIME
:)
MOASS Peak: 06/09
Zlecenie aktywne
As mentioned in the video this first move up we get after we "BOOM" will coincide with another build up of pressure and when that releases we will "BOOM" again
And this is going to keep happening until the final release which will coincide with what will end up being MOASS
#HighLevelTA
Transakcja zamknięta: osiągnięto wyznaczony cel
The really astute folks are probably asking themselves how did I know in advance that pressure would begin to decline and bottom around that time?
Thats the other part of the puzzle
:)
Uwaga
Time for another edition of Heartbeat Trading deciphers The Cats tweets.
Ok so you remember the now infamous "Dog Days of Summer" tweet that everyone assumes was just about Chewy?
Well it wasn't JUST about Chewy
It in fact told you what The Cat's next play was.
The last line in the clip goes, "Can you hear the horses because here they come".
Four days ago I told you that the Narco tweet was tied to the Wildcard and the Kansas Shuffle
Ok now what I want you to do is go look at the Narco tweet again then look at the chart below..
:)
Uwaga
Here is an awesome chart that I will be using to track and show pressure building and releasing
Watch how price and the OBV react to the zones on the charts
Those zones are where will see explosions in price
In between the zones is where price runs
The OBV will build and releast almost exactly in the line with the zones
FYI- the two red lines coincide with MOASS peak and the last run that will mark the true end of the squeeze
Uwaga
Morning!
Casino will be open later
It's time to watch what Pressure & Time look like in realtime
MOASS 06/09
Uwaga
Uwaga
Uwaga
Public Service Announcement
Upon further review there is a slight tweak needed for the timing of our MOASS call
MOASS: Begins 06/09 - Ends 07-09 (FLIP MODE)
And on the day of the MOASS peak price will most likely top by 10am (still confirming this part)
MOASS:
Begins- 06/09
Ends- 07-09
Uwaga
On a MICRO level
Uwaga
Ok now lets see how price reacts to this build up and release of pressure
Uwaga
And thats a wrap!
One of our resident shills in the comments telegraphed the down day today so this was expected lol
Again notice how like clockwork they pop their head out the dumpster to spread FUD lol
Broader market weakness is what held us down today ultimately...shorts just piggybacked on the broader bearish
BUT ITS ALL ABOUT PRESSURE & TIME FOLKS!
Bears had fun today...lets see if they are still having fun tomorrow...
See the OBV starting to turn up? :)
MOASS: 06/09 - 07/09
Uwaga
Time for another episode of Heartbeat Trading interprets The Cats tweets
You know the Brittany Spears tweet?
She sings, "Give me a sign, hit me baby one more time" at the end
You probably already figured out that its connected to the SIGNS movie tweets, right?
You know those crop circles in the tweets that are overlaid with the GME logo?
Those aren't randomly arranged...those are dates :)
Uwaga
Uwaga
We BOOM when the pressure gets released
Uwaga
Or simply said the BOOM will coincide with a rise in the OBVUwaga
Morning!
Casino will be open later
The upward movement in price and the OBV should continue today so we are going to keep it simple and focus on the Wave count today
In near term looking to see if we hold the 01/02 low
If we break it then the count would change slightly
Its countdown to glory people :)
MOASS: 06/09 - 07/09
Uwaga
Uwaga
Uwaga
SYNERGY TIME
When SPX turns higher GME will too
:)
Uwaga
And...here...we...go (I think lol)
Uwaga
We are headed higher folks..
But why did I say, "Here we go"?
VWAPS are magnetic right now but the Chart explains
Uwaga
Im sorta play-by-playing right now because the market is showing some really clear clues about its intention
As I said VWAPS are magnetic right now...why did I say that?
Notice SPX reaction to the VWAP...you should see it oscillate around the VWAP for a bit then we should move rapidly higher
Like I said the price is talking folks...
Why?
Because 90%+ of trading in markets is executed by algos and around or below VWAP is WHERE THEY ARE DESIGNED TO BUY/SELL
You will see the same thing with GME
This is why I said when SPX turns up..GME will move higher as well as GME needs broader market strength at key times to faciliate its moves higher
Uwaga
Ok look at GME
Uwaga
ALGOS are literally LOADING UP right now as price sits below VWAP :)
Watch
Uwaga
Ok now look at the OBV in relation to what I just said about the ALGOs loading up :)
Uwaga
Notice how the DVDI is bearish while the OBV continues to rise on this dip
That divergence is a HUGE sign that this dip is being bought up big time
:)
BTW- you do realize this is Hedgies/Market Makers taking advantage of market weakness as they try to position themselves to deal with the fallout from the 01/17 Op Ex right?
Uwaga
Before I zoom back in, the sheer depth of this pullback leaves open the door to WAVE 5 of the ending diagonal having completed (shout out to the person in the comments who pointed on the possibility..you guys are learning :)
But as I told them price needs to prove itself before I shift to that position
With that said there is still some more proving to do...
I still expect SPX to head back up to near 6050-6099 and then see a MAJOR decline
So what we need to see is where is GME price when that decline in SPX happens
So for now im still running with the assumption that we still need to complete wave 5 up..
What would cause me to shift from that opinion?
If we explode THROUGH the 35-40 area BEFORE the SPX declines then ill definitely see things differently
Uwaga
Uwaga
GAMETIME
Notice the VPOC moved again this time and it moved down to near where we are now
Notice after that the DVDI turned bullish
ANYTIME the VPOC moves it because there is a lot of activity at a level
The question is it Buying or Selling activity
The DVDI is what I use to clue me in again notice it turned bullish after the VPOC moved
As I said the ALGOs have been LOADING UP
We should start making our way higher after 1:30
Oh and notice the OBV :)
Uwaga
Prepare for one more drop lower as we get closer to 1:30
Uwaga
I noticed some on Reddit have made an interesting observation about price action on certain days around 1:45
I wonder if there is anything to that...?
Uwaga
WOW look at that move in SPX
Like I told you the ALGOS were LOADING UP under the VWAP
FYI- from an Elliott Wave standpoint that is an absolutely beautiful bullish impulse wave..man i love this stuff
With that said SPX about to pullback and GME will as well and when that completes: HIGHER
Uwaga
Pay attention to what happens to GME when SPX reaches the orange box overhead.
You are about to see the results off all of that time spent near VWAP
Uwaga
Ok got the pullback in SPX that we were looking for..
Now we can make our way higher
Uwaga
PUBLIC SERVICE ANNOUNCEMENT
I'm going to be live streaming on YOUTUBE after market close at 7pm EST
Based on the price action we are at a CRITICAL POINT in this saga
The rest of this week is shaping up to be EXPLOSIVE so we need to talk about what this push down means
Uwaga
And thats a wrap!
Wow now that was a day
We have been expecting a move down to the "BOOM" area for weeks now but it came earlier than we anticipated
Does that mean now we BOOM?
It depends....ill talk about it more in the live stream but either way im expecting EXPLOSIVE movement up off this low
Uwaga
The OBV is getting ready to tell the story on this
Uwaga
Oh forgot to mention. You want to see something funny :)
Notice when the typical shills/trolls pop up out the dumpster slinging fud, then look at chartexchange.com and look at the shares being borrowed to short.
It is not an accident that around the times they start slinging fud SHARES ARE BORROWED and then price is immediately shorted down.
Like I said, they are predictable :)
Uwaga
PUBLIC SERVICE ANNOUNCEMENT
I'm going to be live streaming on YOUTUBE after market close at 7pm EST
Based on the price action we are at a CRITICAL POINT in this saga
The rest of this week is shaping up to be EXPLOSIVE so we need to talk about what this push down means
Uwaga
GOING LIVE ON YOUTUBE @ 7 estUwaga
THANKS TO ALL WHO JOINED THE LIVE!!
We will do that again strategically at critical points in this journey
See you when the Casino opens in the morning
:)
Uwaga
One last post for tonight as I remembered something I read about Diagonals
Going to give one alternative way to count this diagonal..it ends with a BOOM too
Here is what we have been tracking
Here is the alternative we talked about on the call
And here is the last one that may actually end up being the most accurate and this count most definitely leaves the door open for some weakness tomorrow..ALL 3 show an explosive move is near..like within the next 2-5 trading days near
Uwaga
Morning!
Casino will be open later
PUBLIC SERVICE ANNOUNCEMENT:
BE ON HIGH ALERT AS AN EXPLOSIVE REVERSAL BACK TO THE UPSIDE IS IMMINENT
After a night of little sleep I am changing the count to consider Wave 5 COMPLETE on this diagonal
WHY? From an Elliott Wave perspective its more of an "Occam's Razor" thing
SO I AM PERSONALLY ON HIGH ALERT FOR PRICE TO SQUEEZE OVER THE NEXT FEW DAYS
MOASS: 06/09 - 07/09
Uwaga
As we said weeks ago..70ish is next
Uwaga
Two things:
1- we told you that GME would most likely develop into another diagonal after it turns higher and it has
2- At this point anytime you see GME pulling back you should know to go look and see what SPX is doing :)
Uwaga
First target for this Diagonal
Uwaga
Take a quick note at the purple and blue dotted vertical lines
Just a quick callout on where I think we will see some volatility
Lets see if anything changes when we get to those lines
Uwaga
BTW- these are intra day points of interest..just have a feeling we see price move significantly around those times..lets seeUwaga
I should have pointed this out in the live stream but notice how price bounced right off the VPOC that I drew from where this latest diagonal started
That is SUPER TYPICAL!
Part of the reason Diagonals have such huge retracements is because as you see the VPOC on diagonals tends to make a home near the start of the first move in the diagonal structure...and price typical finds its way back to the VPOC during the lifecycle of the diagonal structure
So there you go..thats why diagonals come with deep retracements
Uwaga
Add another purple line..
Lets see if they give us anything significant as far as movement
Uwaga
And thats a wrap!
Had some good movement earlier and then in typical diagonal fashion, price retraced deeply..but you should be expecting that at this point
Couple of things I'm watching:
GME and SPX both gapped up this morning but only GME has filled that gap
What I'm watching is where is GME price when SPX decides to fill that gap
If SPX doesnt fill that gap pretty soon then that gap will act as an accelerator lower for SPX if/when it declines
BUT WITH THAT SAID
I'm expecting FIREWORKS END OF WEEK
MOASS: 06/09 - 07/09
Uwaga
Why am I expecting IMMINENT fireworks?
Notice upward movement of this MAJOR VPOC
Thats an ABSOLUTELY HUGE sign that we are about to see some significant volatility
Mark my words...FIREWORKS END OF WEEK
What about next week?
BIGGER FIREWORKS :)
Uwaga
Just thought I would revisit the call I made on Robinhood from back in the beginning of Nov
Elliott Waves on point lol
They are infamously connected to Gamestop so watching this playout is going to be glorious
Uwaga
Morning!
Casino will be open later
PSA: WE ARE ON HIGH ALERT AT THIS POINT FOR A SQUEEZE
Simple as that
Take note of the blue vertical intraday lines
Thats when we expect a DISTINCT change in the price action
Get ready folks because the end of this week should give you a preview of whats coming next week
MOASS: 06/09 - 07/09
Uwaga
Ok GME and the broader market are finding their footing
Note the continued divergence on the DVDI
We are setting up to move
Uwaga
SYNERGY back on the menu
This on the surface looks like a bullish move incoming soon.
Expecting these lows to hold
Lets see how this plays out..im watching to see which Fibs we see a retracement as that will define structure and additional near term targets
Uwaga
Ok price went down into the 1:30 timeframe and has now made it back to the VWAP
That VWAP should spring us higher when price finally breaks it
Uwaga
Ok take a look at this view
Price will be attracted to each FIB above with some getting more attention that others
We may not get it but might as well expect a retracement at each one...we will see though
Either way these are all SUPER important levels for the next few weeks
Uwaga
SUPER IMPORTANT CHART ALERT
So for those that watched the Livestream I told you that the dotted VPOC around 6050 is super important because its a line in the sand of sorts for where SPX is headed
As we have continually said we expect SPX to turn lower somewhere between 6050-6099
From there we see SPX experiencing a significant move lower which should see price break the Jan low
Pay close attention to where GME is if/when we get that decline
I will talk about it more in the weekend update
Uwaga
think we are about to go up
Uwaga
SPX final getting some legs
Keep telling you that until we officially squeeze we need strength in SPX to help us move higher
Uwaga
Look at the volume delta
Massive short attack came in at 3:40
Uwaga
Upon further review that was targeted selling more than shorting (there is a difference)
I say that because I don't see that any shares were borrowed around that time
Again that most likely is someone dumping their shares
Uwaga
And thats a wrap!
Ok lets talk about today
The market and GME both showed strength early and then as is typical of the SYNERGY I preach about the market showed weakness and GME followed...for now :)
After GME made a new weekly low it moved and consolidated around the VWAP and VPOC from the low
That consolidation is a continued loading up by ALGO's (and any retail who is buying/selling)
After 1:30 did show significant volatility but we have see the change in trend...yet :)
So here is what I expect:
I expect tomorrow to give us a gap off the open and then we should see whipsawing until after lunch
I HAVE NO DOUBT THAT THE FLAG EMOJI POINTS TO INAUGURATION
Jan 17th OpEx ramifications is what will give us the VOLUME (thats whats missing and why we havent ran btw) that we need...and I expect us to see that manifest after lunch tomorrow
Uwaga
VWAPS still have our back like I have been saying for months
Uwaga
Oh btw that horizontal vwap in the middle of the screen that price is sitting on is the VWAP off the April 16th Low!
Dont know how I forgot to mention it but THAT VWAP is what's truly attracting price right now
THAT VWAP we wont see truly break until AFTER MOASS is done...you will see how important that VWAP is around probably 04/20.
Uwaga
BE WARNED
Dont be surprised if we dont see them aggressively try to push this down to max pain
If you see a ton of shares being borrowed tomorrow then thats your sign
Do I think they will be successful?
NO..But...
From a structure perspective, after you see a wave 5 complete its totally normal to see a corrective move back to near or slightly below Wave 4...I covered this in the Live stream btw
Its no accident that the lower VWAPS sit right at the Wave 4 low...
So get ready..the next week starting tomorrow is going to be CRAZY
Uwaga
FYI- I talk about the above general scenario at around the 31ish min mark on the Live stream from the other dayUwaga
Morning!
Casino will be open later
WATCH OUT!
A suspicious amount of new shares to borrow became available overnight and now 500k have been borrowed!
They are telegraphing that they are getting ready to try to push price down
You also know to expect the trolls/shills to pop up out the dumpster and sling FUD
DO NOT WORRY!
VWAPS GOT OUR BACK
Will they be able to push it to Max Pain?
We will all find out real soon
BUT.......
WHATEVER they do will be completely reversed in its entirety most likely next week
Uwaga
They still have 400K shares out on borrow
Question is when are they going to use them
When SPX moves more that should cause them to show their hand
Uwaga
Ok SPX is slowing making it up to that 6050-6099 level where I anticipate we see a significant pullback
Lets see if we get it
Uwaga
:)
I dont get it right all the time but Im not going to steer you wrong
Uwaga
Absolutely beautiful Bullish impulse wave
Should still head higher
Uwaga
Ok this is about to get potentially SPICY
The micro target in this move up is over 30
30 call wall was specifically targeted earlier in the week by market makers to limit their potential exposure
Now I see why they are still holding onto those 400K borrowed shares :)
Uwaga
Typical size pullback for GME considering the size of the bullish move
Time to go higher though
Slight tweak to account for the push lower
You know whats funny:
With the way this price structure and the market chain is setup right now, a simple tweet from The Cat would send this into the sky right now ala 12/05 lol
Uwaga
And thats a wrap!
Get ready folks..
Step back and look at what we have been predicting here:
We have been saying for weeks and weeks that we would make it to the BOOM region around inauguration...and here we are
I thought we would see the drop we got this week during the week of inauguration....we got to it a week early
Now think about this..I said that the week after inauguration we would BOOM, right?
Well if the drop came early...that means the BOOM comes early too :)
So yes, BOOM NEXT WEEK and we will talk about it in the weekend video
MOASS: 06/09 - 07/09
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.