Dang
129 posts
So...it never occurred to me till just recently to start using Gann Fans to chart the OBV, and was blown away from the things I was finding out. This is the Daily OBV of $GME, the Gann Fan is measured from GameStop's Aug 2019 Lows to it's 2021 Mega Squeeze Highs, and it shows Roaring Kitty came back in May 2024 right on the 3/1 Gann Fan angle 😮😮😮 That could NOT have been coincidence, he timed his return PERFECTLY!!!
Now follow the 4/1 Gann Fan angle, GameStop is due to cross by April 1st, right around the time Ryan Cohen is holding his Share Compensation Package Vote, Holy fucking shit.... If I'm right Ryan Cohen, will announce his Merger plans right on that 4/1 Gann Fan Angle, especially if his Share vote passes.
English
Please tell me $GME has finally cleared that Weekly Descending Trendline in the Quoted Tweet below.... 😵 Now, GameStop is once again trying to find support on this Daily Trendline that Shorts have been trying to reject, finished *just* under it, needs to stay above by EoW.
GhostofDan@DanRunner42
From $GME Weekly Chart, GameStop is fighting against that Downward Resistance Trendline, needs to hold onto around $23.15 to trade above, we've just had the first test....
English
The way Gann Fans work is, when one Angle gets rejected, it ultimately trades down to the next Angle, you can see how it works on $SPY OBV chart, the Blue 2/1 Angle got rejected on Oct'18 and by Sept'22 it traded under the 3/1 Angle where it has been trying to trade back into ever since. $SPY finally started topping near $700 when it came in contact with 3/1 Angle trying to breach it, but AI Mania started subsiding, and then the Iran War kicked off....
Amazingly $SPY is only -3.5% of ATHs... If the Non-Ceasefire is officially off the table, and the Iran War devolves into a Ground War Quagmire, and the Market no longer believes in the Trump TACO tweets for the Hundreth time, watch out.... $SPY could tank down to the 4/1 angle where my Finger Icon is pointing, if that happens, I predict $460.
Aylo@alpha_pls
The S&P 500 triggered a rare technical event today, gapping above both its 50D and 200D moving averages simultaneously. This looked weird to me, so I did some digging. Since 1950, this specific signal has occurred only four times. In every instance, the index faced significant pullbacks shortly after. The average three month drawdown following the signal is -9.51%, with the worst three month drawdown reaching -12.92% during 2018. Historically this has always been an exhaustion gap rather than a sustainable rally. Maybe this time is different.
English
@Dangster2k Well, $GME failed on that 2/1 Gann Fan Angle on the OBV *shrug* But the 2/1 Angle was too steep, and stocks tend to reject off of very steep angles, the 3/1 and 4/1 Angles on the OBV are more gradual, and likely to find support for volatile moves.
English
@Dangster2k That $GME 2/1 Gann Fan Angle is set from it's 2021 Highs to it's April'24 lows, and if GameStop is gonna trade flat from it's $22.50 to $24 trading range, it's actually due to hit that 2/1 Gann Fan angle by the June 8th Share Vote date.
English
Everything is lining up on the April 10th date for $GME, I don't like showing my chart blown up like this, but I temporarily removed a lot of trendlines to try and make it more legible, anyway, it's about to approach the Bold Blue Descending 2/1 Gann Fan Angle that has contained GameStop perfectly on the Roaring Kitty May'24 squeeze, and on it's May'25 Daily High.
It is set to Converge with the 4/1 Gann Fan Angle on the Daily OBV chart in the quoted tweets below, Ryan Cohen was very deliberate in setting his April Share Vote date, it can get *VERY* Volatile when his vote and Merger plans are revealed.
GhostofDan@DanRunner42
$GME update in two charts, first is the Gann Fan that has contained GameStop in since it's April'25 Earnings bottom, just managed to finish above it... 2nd is the Daily OBV chart, it's kinda uncanny how it managed to finish just a hair above the Bold Blue trendline detailed in the Quoted Tweet below.... Bulls are maintaining control until the Ryan Cohen vote and merger reveals.
English
@DanRunner42 Did the 2/1 angle date change on the chart? Or is that set ?
English
@Dangster2k Nope, just that vague late March/early April date, which, coincidently, aligns with that $GME descending Gann Fan 2/1 angle on the chart above....
English
@DanRunner42 Do you mind doing one on $Koss
I know you looked at a few others
English
$gme gettin tight 💣
Last time i said that was in red circle
English
@sneak_69420 @markt83101520 Sneak, which original cycle are you referring to?
This is interesting
English
@markt83101520 The fun part is this is not stretched timewise, the original cycle was 147 days as well
English
English
$GME timeline just got its plot twist 🍿
Turns out 10/22 wasn’t just another Tuesday...it was the hidden swap reset.
Models calling it the “Babe Ruth moment” actually nailed the liquidity burst while everyone else was still whining about 9/22.
Warrants mispriced, RRP drained, CTB creeping...all signs of a fresh synthetic short book rolling over right before the Halloween window.
The system didn’t break… it rebooted.
And the countdown’s already ticking. ⏳
#GME #MOASS
GIF
Reese Politics@ReesePolitics
Breaking: Richard Newton sheds light on his $GME model, notes that potentially large GameStop swap on Oct. 22 was 'unforeseen'
English
@HeartBeaTrading HB, we still tracking on the 20 weeks? The FUD is strong, it must be near
English
$GME back over the $26.14 Point of Control line......bloody hell, yesterday was having me crashing out. It was what I expected, shorting to cover for GameStop Swap expirations that are now being covered......still hard to sit through a death plunge like that.
GhostofDan@DanRunner42
I believe this is the most important Volume Profile Range Timeframe, because it explains the movements of $GME so well, with the dividing lines between each row of Volume Profile range acting as support/resistance. The Point of Control line for this VPR is at $26.14, watch that level carefully, probably won't break above or down till after FOMC...
English
Sharing this tweet again, there is a sizable chunk of $GME Swaps that are due to expire tomorrow, was today's jump an attempt to front run those swaps hitting the market?
GhostofDan@DanRunner42
So, considering $AMC and $GME is linked, wondering what the significance of the $AMC Daily OBV Wedge pattern crossing on Friday Sept 26th might mean, shown below on the Quoted Tweet, then it occurred to me that there's a sizable GameStop Swap expiration on 9/23 on the first chart, that roughly aligns with Richard Newton's @rnewton7777 Red Star Swap date on his chart... 👀
English
For $GME, watch for a possible retest of that Gann Fan Bottom, detailed in the Quoted Tweet below, at $25.40... Need the 15min MACD to recover for a move higher, and hopefully break the Gray Volume ceiling at $25.79, that I tweeted about yesterday.
GhostofDan@DanRunner42
@PfisterTime Just a HODL a bit more....... Once $GME clears this buzzsaw of resistance at $25.40 where my finger icon is pointing at, this ship is gonna rocket like crazy.....
English
@Han_Akamatsu GameStop $GME is now above it's Point of Control line from just before the 2021 Squeeze 😯. If that's maintain on Open, it could close the gap to $28 from the last Convertible Notes plunge!
x.com/DanRunner42/st…
GhostofDan@DanRunner42
Now that they've crashed Options IV to all time lows, and have driven out all the short term Call Options gamblers, they'll probably jack up $GME +10% or more on the Pre-Markets on "Green Leap" Monday, and make everyone chase Calls at inflated values leading up to ER... I want to see $26.13 by Tuesday's close before ER release AH, that's the Point of Control line for this Volume Profile Range Timeframe; if bulls control the price above that line, $30-$40s range will be put into play.
English
$GME Now +11% pre-market. 🚀
GameStop went on a double beat in Q2 earnings, beating both Revenue/EPS estimates.
English