Yesterday GME ended the day at exactly $17.76... another interesting "coincidence" at the very least 🤔
(media.greatawakening.win)
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We are currently witnessing the Storm.
Bbby is popping up hard,pulling the whole basket of shorted stocks.
Hedgies are fuk.
Need to go to the speciality boards r/bbby and r/superstonk or r/ gme jungle.
Wallstreetbets is taken over by the hedgies
Turnaround signal I guess. But only runup in Jan, MOASS on May probably.
Now is a better time than when I bought most of my GME last year.
You have to choose your own level of acceptable risk fren
DRS and hold ‘em, you’ll be set for life if we get what superstonk thinks! Currently in iceberg conditions, see superstonk for details. We still have always to go b4 MOASS IMO.
You don´t have to be. https://greatawakening.win/p/142BTCB4Iz/march-madness-big-week-coming-qs/c/
It is. Many times I saw very good proof. Last one was yesterday Trump posting about Diamond and hearts day after Cohen´s tweet about diamond heart. Also Ken Griffin is controlled for long time. Trump mentioned him in his presidency. Ken also met with Musk and Jared Kushner in Qatar. The biggest thing is I somewhat deciphered Citadel´s algo. GME is still following it and it is almost like bitcoin before runup. Should be drop to $12.5 but I suspect they didn´t want to drop it so hard for us.
Few months ago I was thinking $10 for darnkess fun. $12.5 fills a nice gap, you made me look again today and $15 makes a lot of sense as we’ve touched base.
I’ve followed crypto for a while, what exactly do you mean “almost like bitcoin before runup?”
I’ve made a series of fun charts, they don’t necessarily mean anything in particular :
https://www.tradingview.com/chart/GME/dXzZU7Fb-Where-s-GameStop-Headed-Is-there-a-future/
Latest update is at the bottom
https://www.tradingview.com/x/E8BHBP7P
Thanks for the charts. The wave big 1 and 2(abc correction) are correct. Now is the time for 3rd in 3rd wave so it should be huge (I don´t do Elliot waves but it is my understanding sneeze was 1st+2nd wave in 3rd). I like pitchforks because they can wonderfully show the moves if you set them right. I think it can be done a couple of ways here. Yours is one. What do you think about this? I expect quite vertical movement. Could be used for confluence. (again I don´t use them just curious) https://imgur.com/a/ZDo94Pq
About bitcoin runup similarity. Basically this. It is more broader topic but whatever.. https://imgur.com/a/CrAosnU https://imgur.com/a/sIX5ZJy
Bonus for you, how I project waves, explanation in second pic: https://imgur.com/a/yZk4GUD https://imgur.com/a/6hImQZi
Awesome that you’re into E.W. Or at the very least understand the principles. Most people dismiss it but it’s easy to learn and hard to master. E.W. Is just a study of human emotions and reactions. In the same way Fibonacci is the precise measurement of these data points; the golden ratio or God’s ratio.
I’ve added some more details to this chart and explain:
https://www.tradingview.com/x/DLeK234E/
This is on 1W time frame. The black impulse waves represent the super cycle five waves. Within it are blue five impulse sub waves, with each measured in %. The time measurement is exactly 1777 days (there’s that 17 again, coincidence?)
You are correct we are in the black 3rd super cycle wave. The 1st blue sub wave is complete, correction in progress or complete. The 3rd blue sub wave is set to begin (which correlates to your January-may) runup.
While it can be true that any 3rd impulse wave can be the largest, EW rules dictates that 3rd waves can never be the smallest.
You can see two separate measurements of five impulse waves: 148%, 240%, and 247% and 143%, 490%, 2654%. Respectively, 5th waves were the largest each time and 3rd waves were never the smallest.
Next, wave projection was measured from 1st orange wave which extended us to Fib ratio calibrated prices of $94.74 and $170(17 again) with the actual being $120 due to them shutting off the buy button.
With the same fib measurement we would likely smash $556-$1000 (Fibonacci pitchfork zone ceiling) to settle in 3rd blue wave price zone. Should the 5th blue wave be largest yet again we should hit between $12,027-$21,648 (theoretically begin to break the financial system MoASS territory)
That being said, March 2020 + 1777 days brings us to February 17,2025. Which would be be the day of peak MOASS. Might sound like a bummer, at the same time we need to play out all 1st, 3rd 5th black super cycle waves. That would be ample time to get it done if not sooner.
Blue 1st wave is 18,000% so with a time factor of 2.5x we would get a minimum of 45,000% from $15 projected to $7,216, lining up with another Fibonacci ratio.
This assumes that $15 is the local bottom, but your citadel algos could still touch $12.5 or below.
The pitchfork I’ve used is because the large impulse and corrective waves are confirmed, so the pivot points are placed onto those datapoints. Yours may very well work on the local waves
This is a lot to take in, but I did a very similar analysis in 2018 with bitcoin, projecting its own 5th wave super cycle to be ~$63,000 (69k actual):
https://www.tradingview.com/x/Sl1nihkS
It’s a lot to take in. Charts aren’t perfect and as a human I could have missed something. Either way we could have fun analyzing. True MOASS could be in 2025 based on all this data, which would be extensively higher than what you see on this current chart. But that’s an analysis for another day. Hope you enjoy fellow patriot!
Nice. I like the thinking about fibs, EW and your precise couting. What is the logic behind 148%, 240%, and 247% and 143%, 490%, 2654%? I used 1,618*1,618 and again and again + some more. Look at the Tesla chart I posted. Quite catching the swings.
I hope for really big 3rd wave and really small 5th (not so important move in the end). You have two good price points to exit in that case. :)
I think correction after MOASS (3rd black super cycle wave I hope) is going to take some time. Peak in 2025 isn´t bad at all. With DWAC and LRC I don´t think you have to wait till 5th super cycle wave an endure all corrections with whole position.
Could you please explain me the time factor?
Both waves have its own extreme (inner has smaller here). Fibo projections are very good if you try them on bases. You can go to lower timeframe and se the whole market like this. Give it a couple of months and you know the future for future years.. :)
eg gold https://imgur.com/a/qUiMBNv
There are different types of time cycles/waves. Multiple extremes S&P throughout decades https://imgur.com/a/5TOgtMh Shorter one https://imgur.com/a/ZIcB1U4 Even shorter https://imgur.com/a/T64vbSp
And finally GME https://imgur.com/a/F2keID0 around 17K at least https://imgur.com/a/Cyvzrhx
Right in the range of what this 3rd wave can be $12k-21k, almost half way in between is $17k :)
Might not even be true MoASS. But of course doesn’t mean you have to keep holding and not sell any. At the same time keep some for the golden days when the great awakening is fully realized. At that point we may not even be on this financial system, dollar will be ded and the FED would be destroyed
I am xxxx holder. March madness was probably on March 2020. (initial low before runup). But it is going to run like crazy. My prediction for full MOASS is May. I bought around $17 on Monday.