GameStop: It's Alive!!!
GME Analysis & Predications ๐Ÿš€๐Ÿš€๐Ÿš€
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Video Topics:
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, gme stock explained, gme stock short squeeze, gme stock news, tesla, tesla stock prediction, tesla stock analysis, tesla stock today, matt kohrs, matt kors, stocks, stock market, investing, trey trades

What's going on moon gang, i hope you're having an awesome day in this video. Let's talk about what's going on with gamestop aka gme, because the stock is on a very nice six day: movement. In fact, it put in another green day and closed out the day at 180 and 67 cents in this video i'll be going over. The ortex update and on top of that i'll, be doing a quick technical breakdown, so we know what levels of support and resistance to pay attention to for the remainder of the week.

Just so you know this is a cool read. I would recommend checking it out i'll link it below uh. This was on marketwatch, a new short squeeze in gamestop in amc, one social media sentiment. Tracker says one is brewing for either today or very soon.

The company is hype equity. I thought this was a cool. Read i'll link it below, so you can check it out and don't forget. I covered this more in the amc update video of what's going on with this new rule 007.

Overall, it does seem to be a pretty reasonable and bullish uh sec ruling for us. Let's talk about gamestop, so gamestop had a bit of an interesting day to start today, off utilization dropped to 17. Why did it drop before? Is around 66? Basically, there's been a big return of shares. Utilization is the amount of shares on loan divided by total lendable shares, so when you're dividing x by y, if you decrease x and increase y, it makes sense that the ratio would drop.

That's how we started off today, but i think it. The number is about to track back upwards because we had a net borrow today. The shares on loan 14.18 million to start off the day. Now we could probably say it's around 14.25 million and then the estimated short interest, as of now is 21.75, the cost.

To borrow still pretty low on gme 1.65, but the days to cover uh based on the daily average trading volume over the past two weeks is 2.59 days. This means that if all the shorts wanted to cover their game, stop short, it would take them. The better part of almost three full training days to get out of the short position, so that's kind of your quick or text update. What's going on as we're heading into wednesday, tomorrow, quick note on the overall market: this is the s p 500, an etf that tracks 500 of the biggest companies in the us pretty clear rejection.

So it came off of 423 all the way down to 404. It bounced it got back up above this blue trend line rejected. It could not get back up into this channel clear rejection and then we broke back down tomorrow. I'm looking for that test of 4 10 50..

If it breaks from there, there is a 50-day moving average support around 407 408, but if it breaks that, i will then be paying attention to this most recent low at 404.. This is good to know just because if the market's going up - that's some nice tailwinds and then, if it's going down, that's some headwinds, but let's talk about gme. Here's a look at the daily chart of gme right here. This is why 188 was so exciting.
Today we traded a little bit, but once again it wasn't an official breakout because it wasn't much volume we didn't close above it, but we saw this high on april 27th and we were tapping it on top of that more recently i mean you could see this Six day movement here, it's just been up up and away we're back into this trend. We almost had that breakout and once that happens i'll, be watching that key psychological level at 200, followed by like whatever day it occurs. This is kind of that dynamic trend line. I want to see that break out from there if by any chance, we're rejected at these levels.

I'll look for support to be found around this bottom trend line and then from there i'll be paying attention to like 150, 155 ish and there's strong support in between 132 and 136. So these are all the price levels i will be paying attention to not only tomorrow wednesday, but really for the remainder of the week, and it's just gamestop has been having a very, very good run. Lately, i'm excited to see what it can become and honestly we're seeing kind of similar amazing bullet strength in amc as well. So with all that being said, i would love to get your thoughts on jimmy in a comment below.

Are you bullish, bearish neutral? What are your thoughts on it? Let me know in a comment: if you enjoyed this video, don't forget to drop a like, and if you haven't already don't forget, to join up with the moon gang by hitting that subscribe button until i catch you next time from me and share best of luck In the markets, you.

23 thoughts on “Gamestop: it’s alive!!! gme analysis predications”
  1. Avataaar/Circle Created with python_avatars royal sandman says:

    You guys should seriously look at Mesoblast. We just went through a short attack and are now ready to take off! To the Moon.

  2. Avataaar/Circle Created with python_avatars iKhmerReaper says:

    U know who owns market watch right?
    Shitadel wow.

  3. Avataaar/Circle Created with python_avatars adam zadam says:

    not selling but buying -:During crash just bought 10,000 CRO which is a CRYPTO COM own coin at $0.14 If this exchange platform goes well as predecessors i.e binance (BNB), Coinbase coin (USDC) – you could be looking at a good return and currently no fees if you buy from crypto com

  4. Avataaar/Circle Created with python_avatars Hamilton Bitcoin Beats.... says:

    I've always admired the contents and informative nature of this channel mate, you're doing well. All hell breaks loss after just a few days of the dip in the price level of major cryptocurrencies, a lot of us keep forgetting that crypto is obviously exposed to a volatile market setting, though am 100% sure that cryptos would go up in a long run (new investors keep turning to crypto as investment resort) though personally a seasoned trader would agree with me that a trader earns big regardless of the price of cryptocurrencies, plus a dip in price equally represents an opportunity towards acquiring equities towards gainful trading Robert Williams a firm trading expert has been for more than a trading mentor to me. I'll advise current investors and newbies to take advantage of Mr Robert Williams trading strategies. He has been the chief reason for the success I've been recording under my personal trading sessions. My trading experience with Mr Robert Williams is generally positive and smooth for me. His signal services remain unmatched when compared to other traders I've have worked with. I obtained 5.04BTC from 0.9BTC with the help of Robert Williams. He is an experienced trader with 90% accuracy in Bitcoin and Ethereum. For trading related concerns, Robert Williams can be reached on TELEGRAM @{Robert_Williams2} A trader is opportunistic, let's not sleep on the benefits these cryptocurrencies offer.

  5. Avataaar/Circle Created with python_avatars Luke & Da Leigh says:

    Love your videos, Matt! Very informative and interesting. Holding $AMC and $GME for the long run!

  6. Avataaar/Circle Created with python_avatars Brian Gentry says:

    Is it bad that I love all the FUD? Makes it easier for me to buy the dip but then at the same time Iโ€™m saying, โ€œOkay, you can quit with the FUD nowโ€ฆ I need to make moneyโ€ฆโ€ ๐Ÿ˜‚

  7. Avataaar/Circle Created with python_avatars Kylie Logan says:

    Despite the economic crisis it's still a good time to invest in Silver and Crypto.

  8. Avataaar/Circle Created with python_avatars gvilla79 says:

    is it better to have 5 shares of gme or 65 shares of amc? ๐Ÿค”

  9. Avataaar/Circle Created with python_avatars jason paul says:

    The market is moving well most especially bitcoin, I'm amazed at the raise of bitcoin the past few weeks bitcoin has raised to 50k today. 2021 is gonna be a great year for investors.

  10. Avataaar/Circle Created with python_avatars Hola! d wade says:

    Thank you for Gme dd…Iโ€™m holding for long with 30 shares…Bullish

  11. Avataaar/Circle Created with python_avatars Leto Monte says:

    bullish on AMC… SUPER bullish on GME. I Like the buy hype, social media push and squeezeability of AMC. I LOVE the smaller float and the squeeze setup of GME. Both stocks will squeeze, but not all squeezes will be equal. Based on my own DD.. the GME squeeze is going to be much more violent. Good luck to all apes. I wish us all health & wealth. Keep the awesome content coming, Matt!

  12. Avataaar/Circle Created with python_avatars J Ayala says:

    I Really appreciate all your fashion advice. Keep up the good work. ๐Ÿ‘

  13. Avataaar/Circle Created with python_avatars melissa06906 says:

    Iโ€™m invested in both amc and Gme! Bought more of both today ๐Ÿ™‚

  14. Avataaar/Circle Created with python_avatars Julio says:

    DO NOT BE FOOLED. Citadel gonna use the stocks they paid for to trick buyers to sell by making it look like your at the top. making it look like the dip at the start of the squeeze. HOLD YOUR GROUND APES. DO NOT PANIC!!!! spread the word

  15. Avataaar/Circle Created with python_avatars Rob Davis RedneckPiasano says:

    All of these short share numbers are crap. Without FTD and naked short info, we ๐Ÿฆ๐Ÿฆ are flying blind

  16. Avataaar/Circle Created with python_avatars Coorc5 says:

    I like watching Treyโ€™s videos for the energy and Mattโ€™s for the common sense.

  17. Avataaar/Circle Created with python_avatars Evelyn Madison says:

    The stock market is full of so many opportunities now were you can earn a lot of money, but the problem is recognizing them.

  18. Avataaar/Circle Created with python_avatars Limelight Capital says:

    Dude marketwatch is literally own by hedgefunds, they only report red days, I wouldn't use them in your videos broski

  19. Avataaar/Circle Created with python_avatars a Trip says:

    Do you think GME and AMC will moon together? ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿฟ๐Ÿฟ

  20. Avataaar/Circle Created with python_avatars jason paul says:

    The market is moving well most especially bitcoin, I'm amazed at the raise of bitcoin the past few weeks bitcoin has raised to 50k today. 2021 is gonna be a great year for investors.

  21. Avataaar/Circle Created with python_avatars Michael Jason says:

    Despite the economic crisis, this is still a good time to invest in Gold and crypto

  22. Avataaar/Circle Created with python_avatars Robert Brown says:

    After what has unfolded in 2020 I no longer view btc as speculation. more so an inevitability. Even if it takes 10 years to get $100k that would mean the average rate of return with a daily $100. Over a year is 100% what asset class out there today offer that type of opportunity?

  23. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    Can't Stop, Won't Stop, GameStop!

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