$GME - The Next Bull Run - May 24 2022

I'm not gonna write a lot, you know the drill by now. The quarterly SLD cycle is here and is about to happen. Some changes due to SR-NSCC-2021-002 may cause the cycle to move ahead +1 week into June 1 - June 6 ish.
Invest responsibly, this is not financial advice.

Note

We bout to drop like flies today until some point next week. Lots of retailers having earnings and are going to miss big dragging all the retail sector down with them.

Note

GME is partially primed.
-One of the signals i follow from Ortex indicates that a run should have started yesterday or today.
-Vix is still up as expected.
-The market is bleeding as expected to lower the mark to market cost of obligations for SLD until Friday.

Ideally the run should start Tuesday next week, but it's not unheard of the run to start a bit earlier and in the worst case 2 weeks later. I've done my initial buy-in yesterday. It's extremely risky so, NFA.

Note

Congrats, we have 3 out of 4 signals saying go for a run next week.
The only signal that's still iffy is Vix. The rest are go for a run next week.

Wouldn't be surprised if Monday was red before we run on Tuesday. The only thing that stops this cycle is another convenient market wide crash due to war, pandemic, or some other crazy perfectly timed even (AGAIN...).

Good luck.

Note

Market looking like it's reversing this week as i hoped for. Good signal for a run tomorrow. Vix is still high. Only thing that can screw us now is MonkeyPox scares.

Note

Yeah screw this, i'm out. 420 BBBY calls and 78 GME calls.
I'm burnt.

Never posting this again.

Note

Don't you hate it when they delay the run by +1 day? Anyway now that they pumped IV's, no one expects a run to $200, so we're going to $200...

Time to get hurt again and buy calls while others think this is the top and sell CC's here.

leenixusu

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

leenixusu