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GameStop: Massive Moves Incoming???
GME Price Predictions
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What's going on moon gang, i hope that you're having a good one, here's your friendly reminder to not sleep on gamestop jimmy had a pretty good day closed out the day at 254, which was a gain of 4.77 and in this video i kind of want to Give you a quick rundown of what happened today and what to look for to close out the month of may so, let's hop right into it. So first thing, like i said, a gain of almost five percent, but i i want to share this just because it makes me feel some sort of way. Over the past week, gme is up almost 50 of 49 and also according to ortex shout out to ortex. So far this week, short sellers have lost 1 billion over 1 billion betting against gamestop.

You know what they say: can't stop won't stop gamestop. Also quick reminder here: don't forget uh, we do have an upcoming fundamental catalyst right here june, 8th according to the nasdaq website. Will be their next earnings announcement so potentially what comes out of there right now? Gamestop talking a lot more about nfts. If there's some interesting developments with that, i think that these shorts could be in even more trouble.

So, like i said, do not sleep on gamestop. In terms of the exact numbers, so today the borrow change in the shares on loan was a return of almost a quarter million, which means that the shares on loan - probably around 14.5 million. The utilization started off around 69, it's probably around 68, and when you put all that together, that means that the estimated short interest of gme is just above 20 in terms of the days to cover of how quickly all the shorts could get out of the position. If they all did it simultaneously, it would still take almost two entire trading days.

Please please remember that this equation is computed by the amount of estimated shorts divided by some average volume. I like to use a smaller time frame such as the two week, but on days like today, gamestop had a volume of 15.4 million, which was bigger than we've recently seen. So don't be surprised tomorrow. When i update you on twitter that the dtc is actually going to go down just because you're dividing by a bigger number, please please expect that, in terms of the technicals awesome day, we for quite a while we're following this trendline, and then we had an awesome Day on may 25th, from there we were at this resistance, where it was previously rejected around 220, but nice gap up and from now we have this region of resistance between 220 and 230.

That has now turned into support. That's very, very common in the world of trading support becomes resistance. Resistance becomes support, vice versa, so anyway, we now have this region of resistance and we tracked all the way up to 262, which was previous support, and it's now clearly acting as resistance. We rejected around 264 today so roughly in that same region tomorrow, i'm looking for some follow through, and i want to see how it reacts to 283 and past that, just that key psychological level of 300..


I'm telling you, i feel very, very strong that if we get above 300 easy sailing up to this february, first high around 325 and from there i'm going to watch this high on march 10th of roughly 3 50. overall. Look at this jimmy has been on an incredible rally ever since may 11th. Until this very moment at today's high we were up 92.7 percent and at close we were up 85.5.

So for whoever is potentially telling you that gme is done and forget about it. I mean look at this rally. I don't think it's done at all with that being said, though, i would love to get your thoughts on gme in a comment below if you enjoyed this video i'd appreciate it. If you could help me out with that youtube algorithm.

All you got to do is drop a like hit that subscribe button. That type of engagement really does help get this video in front of other people, but if not whatever, until i catch you next time. For me and chair best of luck in the markets, you.

27 thoughts on “Gamestop: massive moves incoming??? gme price predictions”
  1. Avataaar/Circle Created with python_avatars Paul Scherz says:

    iโ€™m not invested in GME matt but ur vids helped me get my first 10k in AMC. Ahahahaha this is rlly lookin good for us thanks man for all that youโ€™ve done for the community.

  2. Avataaar/Circle Created with python_avatars Trew Papuga says:

    You're a clown bro. You have no clue what you're talking about.. if you guys want to learn something go watch Lou's videos

  3. Avataaar/Circle Created with python_avatars Trew Papuga says:

    You're a clown bro. You have no clue what you're talking about.. if you guys want to learn something go watch Lou's videos

  4. Avataaar/Circle Created with python_avatars Joel Brown says:

    is it just me or does matt sound different here then he does during the live streams? pirates? Matt's strats?

  5. Avataaar/Circle Created with python_avatars yong xiang says:

    I have unrealized profit of $500, it might seem small to me is alot :X Thanks apes

  6. Avataaar/Circle Created with python_avatars Dhondup Dolma says:

    Where is today's live stream? I'm so used to it, not seeing it on his page is giving me anxiety ๐Ÿ˜ซ

  7. Avataaar/Circle Created with python_avatars Marijn Janssen says:

    I got a strong feeling that the hedgies are gonna give a terrible weekend to trigger a lot of selling on thuesday

  8. Avataaar/Circle Created with python_avatars Jeff G says:

    $AMC repeat everyone hold buy hold buy. We got this. Plus donโ€™t listen to the media that the squeeze is over it never started. Media are best friends with hedge funds. Good luck

  9. Avataaar/Circle Created with python_avatars Oliver Preisz says:

    Webull not available in Norway. Cant buy options through my bank only stocks. I heard bad about e-toro.. which broker is recommended in Norway/Europe? Thx apes

  10. Avataaar/Circle Created with python_avatars Mathias Clinton says:

    Despite the crypto currencies over deflation of price it's still a good time to invest in gold and crypto

  11. Avataaar/Circle Created with python_avatars Pรญnnรฉd by Dรจjan Mรคฤ‡ says:

    Big week in the market this week, loads of fundamentals from all over the world that will have a high impact on the market. โฃ

  12. Avataaar/Circle Created with python_avatars Musing wanderer says:

    I ignore the advice donโ€™t sleep on gme and sell below the peak price yesterday ๐Ÿ˜ฃ got a shock when it rallied 30 mins before closing

  13. Avataaar/Circle Created with python_avatars michael bezzina says:

    Would say that gme and AMC will close at a dip because everyone will buy and sell

  14. Avataaar/Circle Created with python_avatars the bulldoggg says:

    Cant stop wont stop GAMESTOP! Power to the players! ๐Ÿฆ๐Ÿฆง๐Ÿฆ๐Ÿฆง๐Ÿฆ๐Ÿฆง๐Ÿฆ๐Ÿฆง๐Ÿฆ๐Ÿฆง๐Ÿ’Ž๐Ÿ™Œ๐Ÿ’Ž๐Ÿ™Œ๐Ÿ’Ž๐Ÿ™Œ๐Ÿ’Ž๐Ÿ™Œ๐Ÿ’Ž๐Ÿ™Œ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐ŸŒ•๐ŸŒ‘๐ŸŒ•๐ŸŒ‘๐ŸŒ•๐ŸŒ‘๐ŸŒ•๐ŸŒ‘

  15. Avataaar/Circle Created with python_avatars Kira Saw says:

    Gme vs amc, who has bigger potential? What do yโ€™all think, my votes with amc.

  16. Avataaar/Circle Created with python_avatars Fabian says:

    @Matt when you say it's shorted 20% is that including all the shorts hidden in ETFs etc in March?

  17. Avataaar/Circle Created with python_avatars Carlos Gerardo Urias says:

    ETC. Ethereum Classic at 75 dlls today. CRYPTO. WILL RIP 190 DLLS. BY SEPTEMBER๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

  18. Avataaar/Circle Created with python_avatars Carlos Gerardo Urias says:

    Big. Window dressing for Gme tomorrow friday. 300 dlls level๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

  19. Avataaar/Circle Created with python_avatars T!PpSy says:

    someone asked โ€œhow much do should I hold?โ€ I say โ€œHow much is the moon worth to you?โ€ lol Launch Pad set and ready!!!

    Meow
    ~T!PpSy

  20. Avataaar/Circle Created with python_avatars bo fiona says:

    rsi is overextended and a little bit overbought, do you think it will spike up or going back down and fill the gap?

  21. Avataaar/Circle Created with python_avatars R J says:

    AMC community Don't sleep on GME.
    Only GME community(not whole GME community)- AMC is just distraction, all FUD, you guys don't know.
    hah what now? I own both but I have hated that talk.

  22. Avataaar/Circle Created with python_avatars Lello D says:

    All I need to know is, will we see another dip after this sudden rise? I badly need a discount to buy more GME and become xxx owner!

  23. Avataaar/Circle Created with python_avatars High Priority Media says:

    Okay guys heres what I've gathered so far! Matt will live stream tomorrow @8-9am. We will see AMC take a hit tomorrow (meaning the price will go down to make people panic sell). When it dips down ,BUY!๐Ÿ˜ Cause from what I get, its going to take off this Weeknd. June 2nd they will count all shares. as of right now there's a ton of shares that aren't accounted for. Which will create 'the squeeze" everyone is referring too! DONT SELL TOMORROW IS THE MAIN THING!!!!!!! When everyone says 100k is on the floor. That means when the shares are all accounted for, the price of AMC willl rise like never seen before. AT LEAST OWN A COUPLE SHARES TO MAKE SURE YOU GO TO THE MOON WITH US!!! Sure its gone up the last couple days but if this really goes up to 100k. You'll regret not buckling up for the ride๐Ÿ˜Ž๐Ÿ˜Ž APE FAMILY TOGETHER WE ARE STRONG๐Ÿ’ช๐Ÿป๐Ÿ’ช๐Ÿป๐Ÿ’๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€!! ALSO WATCH OUT FOR FAKE MATT KHORS!!! THEY COMMENT ON EVERY COMMENT SAYING TO CONTACT THEM THROUGH WHATS APP! DO NOT FALL FOR THE SCAM!! Im really hoping It reaches new levels. Also this could be people saying it'll reach 100k just to sell early but idk I'm in it for the long run๐Ÿ˜๐Ÿ˜ What do y'all think? I can't sleep๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚ I'm gonna be a millionaire!!!!I JUST WANT TO NOT HAVE TO WORK FOR ANYONE EVER AGAINNN!!!!! LOVE YOU MATT !โค๏ธ๐Ÿ’•

  24. Avataaar/Circle Created with python_avatars Lesco, Brandon says:

    Remember January only company that got margin called was Robinhood according to testimony. So anything lower is a complete joke.

  25. Avataaar/Circle Created with python_avatars Flow State Media says:

    Also weren't there like 3 million shares worth of $250 calls expiring tomorrow? Could see some gamma action

  26. Avataaar/Circle Created with python_avatars Turner Phillips says:

    Great context.everyone needs more than there salary to be financially stable.the best thing to do with your money is to invest it rightly….Crypto is the future, Investing in it now will be the wisest thing to do especially with the current situation

  27. Avataaar/Circle Created with python_avatars mason appalachiantrail says:

    AMC money will plow in if GME stalls out. Iโ€™m totally looking at that play.

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