Analyst Projections:
CoinPriceForecast: Predicts GME reaching $45 by the end of 2025, suggesting a potential increase from its current price.
Longforecast.com: Estimates GME's price in June 2025 to range between $27.67 and $32.49, indicating modest growth.
ExlaResources.com: Projects GME starting at approximately $25 in January 2025 and potentially reaching between $36 and $60 by year's end.
Considerations:
Market Sentiment: GME's stock has experienced volatility, often influenced by social media and retail investor activity. For instance, a recent tweet by Keith Gill, known as "Roaring Kitty," led to a notable surge in GME's stock price.
Business Fundamentals: Analysts express concerns about GameStop's core business profitability. Wedbush analyst Michael Pachter notes the company lacks a viable strategy to leverage its cash reserves for new ventures, especially after unsuccessful attempts like the NFT business.
Conclusion:
While some forecasts suggest potential growth for GME by 2025, the company's future performance is uncertain due to market volatility and challenges in its core business operations. Investors should conduct thorough research and consider their risk tolerance before making investment decisions regarding GameStop.
CoinPriceForecast: Predicts GME reaching $45 by the end of 2025, suggesting a potential increase from its current price.
Longforecast.com: Estimates GME's price in June 2025 to range between $27.67 and $32.49, indicating modest growth.
ExlaResources.com: Projects GME starting at approximately $25 in January 2025 and potentially reaching between $36 and $60 by year's end.
Considerations:
Market Sentiment: GME's stock has experienced volatility, often influenced by social media and retail investor activity. For instance, a recent tweet by Keith Gill, known as "Roaring Kitty," led to a notable surge in GME's stock price.
Business Fundamentals: Analysts express concerns about GameStop's core business profitability. Wedbush analyst Michael Pachter notes the company lacks a viable strategy to leverage its cash reserves for new ventures, especially after unsuccessful attempts like the NFT business.
Conclusion:
While some forecasts suggest potential growth for GME by 2025, the company's future performance is uncertain due to market volatility and challenges in its core business operations. Investors should conduct thorough research and consider their risk tolerance before making investment decisions regarding GameStop.
Note
As you can see we have major divergence on the 5-day on the squeeze momentum. ADX just turned red but I do not think we will confirm this. RSI is oversold on pretty much all time frames. They are manipulating the crap out of this stock. They have had years to prepare but so have we. It is time this week or next the move up is IMMINENT. Note
No retailer is selling this dip lol. Market makers are something else VOLUME VOLUME VOLUME. The candle down was not nearly enough volume to sink the price that much. Note
last time we saw this level on the RSI we had a move of nearly 20% up right before we started the uptrend. I am not saying this will happen this time but I believe it might just play out that way. Note
Another thing last night I was creating stop losses for all of my current positions. The thing is I accidently set my stop at 27.42 and my limit and 24. I messed up. But a little insight for all of you people scared to put money in. I just loaded 71 shares at 27.94. We will see higher in the coming week. Note
looking to average down around 25.70Note
I think this area is the area we see some green.Note
Looking for further upside Note
bottom should be in soon :0Note
REALLLLLLLLY hope this doesn't play out.Note
Strange closes. All whole numbers except 27.99 but its technically a whole number. Regardless I do not know what this means but its almost if it is a countdown for the melt up. Will we close at 21 and moon. What numbers under 24.00 are significant hmmmm. Note
Bought another 100 shares today on the dip. My average cost is around 26.50. I also loaded up on options expiring 4/25 and a strike price of 31. These contracts have seen increased volume today. I bought this morning and they are going up despite price sinking.Note
Lots of option plays in the market for Note
Well Well Well. $29.00 soonNote
just something to think about....Note
BTW that is just my Webull 50-500 challenge account. I got like 1 share on it. Looking for next week to have some nice movement........Note
Your market value$5,461.01
Today's return +$351.04 (+6.87%)
Total return +$1,317.03 (+31.78%)
Your average cost
$25.03
Shares 165.58536
Portfolio diversity 71.48%
Note
I am transparent in my trades :).Note
Looking HIGHERNote
Nice movement today. Catching some good volume. I like $GME. If and I mean if the algos push us back to 29 I will be buying much much more. Currently sitting on this I will share my position. Your market value
$5,822.11
Today's return +$352.83 (+6.45%)
Total return +$1,678.13 (+40.50%)
Your average cost
$25.03
Shares 165.58536
Portfolio diversity 72.22%
Note
Fully transparent around here.Note
possible pull back to 30 before true price has a melt upNote
Although I would like to see a intra-day test of the 38 region before that happens.Note
Wick down to grab liquidity this morning. I think we go up from here.Note
Your market value$6,017.58
Today's return +$88.08 (+1.49%)
Total return +$803.28 (+15.41%)
Your average cost
$26.00
Shares 200.58536
Portfolio diversity 83.08%
Note
Another 20 Shares on my Webull account for an average of 32.97Note
Also we came down right on the ALL-TIME-HIGH VWAP. As expected tbh. If you have not I would load up on calls. Not Advice!Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.