GME - RUMOR Confirmed!
Diupdate
GME - Stock Split & Dividend!
Company released an 8 K filing AH today stating plans to hold a vote for a stock split/dividend at the company's next annual shareholder meeting. Details linked below.
Link to 8-K filing: sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000038/gme-20220331.htm
AH price is up +$30 and FOMO is building with the Apes. Could easily push price above $200 on tomorrows' OP-EX putting a significant gamma squeeze back on the menu heading into next Tuesday.
And even before the news today the overall TA remains bullish despite the shenanigans of the 29th with a completely atypical limit down halt a few minutes after the open.
Long term breakout looking SOLID with significant volume pouring back into GME over the past few week. Volume accumulation % is building and is larger than pre-sneeze levels. Bulls appear to be in control of the stock at this point.
VFI (Volume Flow) is flashing a BUY signal on the 4 hour chart, daily will likely soon follow. Looking at the ATR (volatility %) looks like buyers have been busy adding to calls the entire month of March IMO = BULLISH.
HODL!
Outer Fib levels and beyond are...
NOT A MEME!
Not financial advice!
Company released an 8 K filing AH today stating plans to hold a vote for a stock split/dividend at the company's next annual shareholder meeting. Details linked below.
Link to 8-K filing: sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000038/gme-20220331.htm
AH price is up +$30 and FOMO is building with the Apes. Could easily push price above $200 on tomorrows' OP-EX putting a significant gamma squeeze back on the menu heading into next Tuesday.
And even before the news today the overall TA remains bullish despite the shenanigans of the 29th with a completely atypical limit down halt a few minutes after the open.
Long term breakout looking SOLID with significant volume pouring back into GME over the past few week. Volume accumulation % is building and is larger than pre-sneeze levels. Bulls appear to be in control of the stock at this point.
VFI (Volume Flow) is flashing a BUY signal on the 4 hour chart, daily will likely soon follow. Looking at the ATR (volatility %) looks like buyers have been busy adding to calls the entire month of March IMO = BULLISH.
HODL!
Outer Fib levels and beyond are...
NOT A MEME!
Not financial advice!
Catatan
MAX PAIN @ $155 TODAYCatatan
Rally fizzled before it got started with Premarket down $10 from yesterdays AH price. And we had downward pressure most of the day as they appeared to really want to get down to max pain - but failed with a $165 close. Price gap was filled. Looking forward to next week and even more so to the annual share holding meeting in June.
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