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MOASS: October= Light Fuse

We are continuing our call that MOASS is imminently on the horizon

Note the 0.618 and the 1 fib on the time axis of the chart

From a fib time perspective between those levels you tend to see explosive volatility ending in positive movement in the direction of the prevailing trend

We are predicting near term strength in the broad market as well which should help push GME along

We also think that by the end of the year the broad market will begin a massive trek lower which will put significant pressure on margin levels

This coupled with the fact that per recent reports Banks are carrying the largest levels EVER of unrealized losses on securities, should be the core ingredients that fuel shorts unwinding and MOASS commencing

Thats our story and we are sticking to it lol

Good Trading To All!

M O A S S

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I think most are aware that XRT includes GME in its basket of stocks

You know how the GME community likes to point out how XRT has been and is currently shorted many times its float?

Well those shorts having to pay up is a key piece of the MOASS picture

If and when GME explodes then XRT will go with it

BTW- you see how we are predicting a massive move up to complete Wave 3 and then a huge retracement for Wave 4 and then another massive move up for Wave 5 end of this decade?

Well we think the catalyst for that massive Wave 5 move end of decade will be due to GME squeezing AGAIN..but we will deal with that after we deal with this current GME MOASS

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Morning!

Casino will be open soon

Nothing much to add from the weekend update

Watching support/resistance/fibs and looking for volume to increase as we move towards the end of the week

M O A S S

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Moving as expected

P.S. almost done with the 20% move that we called for back the week of the 17th

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Should see this move back up to the 24 level

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And thats a wrap!

Nice day!

Support held and we saw price move higher

Nice way to end the month!

Now we are on to October and as you see from the weekend update we think the action is about to kick into high gear

M O A S S

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Morning!

Casino will be open shortly

Expecting another green day

Still expecting price to move up to the 24 area in the near term

Chart above works for now

M O A S S

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Should start to head up to 24 now

Broad market should be bottoming about now as well which will help

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Price got caught up it seems in the broader market weakness and retraced back down to micro support

Based on this new price action had to tweak a few things

Now targeting the 27-28 area next

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And thats a wrap!

Saw some selling today but that was a good thing as the movement really clarified the price structure even further

Two words: LOOK HIGHER

M O A S S

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Morning!

Casino will be open shortly

Not much to add other than price structure is definitely shaping up for this anticipated move higher

As usual volume, support, resistance are the keys

Chart above works for now

M O A S S

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And thats a wrap!

Broad market still lacking direction which is definitely weighing on GME

Once the broad market gets moving GME should as well

M O A S S

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Morning!

Casino will be open soon

Nothing new to add as we are still expecting price to bottom soon and get moving higher as the broad market finds direction

M O A S S

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And thats a wrap

Pretty quiet day but things are still in good shape

Price is just hanging out around support which makes sense because the broader market is meandering right now

We need 2 things right now to get moving: Volume and Volatility

Both are on the way though so just hodl tight

M O A S S

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Morning!

Casino will be open shortly

We said yesterday that we needed two things to get price moving: Volume and Volatility

Well looks like the Jobs report is going to bring volatility to the market..now lets see if we can get the volume

Chart above works for now

M O A S S

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And thats a wrap!

Saw volatility hit the market and the broad markets trying to find some direction

As we have been predicting the broader market is leaning bullish which should be the one of the catalyst that helps nudge GME higher

Still waiting for significant volume to flow back into GME...when it does: BOOM

M O A S S