Showing posts with the label GME

GME. Navigating a Bearish Trend: Maintaining 'Sell and Wait' Strategy for GME Stock.

  Jan 24, 2024       GME stock closing price 14.0 -1.62%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in t

GME (GameStop) Daily Price Analysis.

Summary: The daily price of GameStop has been in the Bearish zone for 29 consecutive days, with a cumulative decline of -15.7% since entering the Bearish zone based on the closing price at the entry point. Within the Bearish zone, the stock trend can be divided into 'downward trend' and 'rebound trend,' with a noticeable presence of potential selling sentiment. As of November 27th, a shift from the recent rebound trend to a stronger downward trend has been observed, and it is anticipated that this downward trend will continue for the next 2-3 days. Future Outlook: Following this period of increased selling intensity, a rebound trend is expected to resume once selling pressure subsides. However, it is anticipated that the overall bearish trend will persist as buying strength weakens again, and selling intensity strengthens. Given its 68% correlation with the broader U.S. market, fluctuations in the predicted trend may occur based on the overall market sentiment. Despite

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TSLA. On May 15, 2024, TSLA stock closed at 174.0, marking a decrease of 2.01%. The current trend zone is Bearish, suggesting a suitable investment position of Sell and Observe.

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SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.

GME Daily Trend Analysis: Navigating Volatility Amidst Reversal Patterns.

NASDAQ. The current analysis suggests that the NASDAQ index is currently in a bearish trend, with a recommendation to sell and observe..

S&P500. The S&P 500 is currently in an uptrend within the Bullish zone, but weakening buying momentum indicates a potential shift to a correction phase. Over the next 1-2 weeks, increased selling pressure is expected to deepen this downward movement.

DowJones. The current analysis suggests that the Dow Jones index is in a bearish trend, recommending a strategy of selling and observing for long-term investment.

NASDAQ. The document provides a detailed market analysis suggesting a bullish trend for the NASDAQ index, recommending a 'Buy and Hold' strategy for both long-term and short-term investments.