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Heartbeattrading

WC: 22.14 Target: 1800-2400 MOASS: 47k-100K: What Now?As I said in the end of day update yesterday the WEEK OF 06/09 was a doozy. As part of my #GME20WeekCycle theory that week is significant as it is one of the few dates The Cat specifically "gave us" in his tweets...and serves as significant "line in the sand" from which we should look for significant price improvement (covered in the last 3 video updates) (at least thats my theory) I expected positive price improvement of course this week...but we got the opposite because of the Convertible offering Along with that we also got TONS OF VOLATILITY AND VOLUME..which I also expected So what does the mean as far as the cycle theory goes? This doesnt change anything for me because I never thought or said that we HAVE to get price improvement during that week..its just what I expected because I anticipated BUY VOLUME to come in I also was CLEAR in the videos that its not just about the day or week of...its about the WHOLE CYCLE I specifically talked in last video and in the LIVE on 06/09 about adjusting my expectations and to stop "looking for it all" to happen at one time or any given time.. So again I got 2 out the 3 things I was looking for this week: I got Volume and Volatility..just no Positive Price improvement...YET :) Looking forward I expect the same thing to transpire as the last Convertible offering: Significant Positive Price Improvement Last time we saw a 72% run from April low to May high This time I expect 100% move before we see a significant retracement BUT we do need to watch the 38 LEVEL carefully as its a PRIME AREA for retracement due to the presence of overlapping 1.00 extensions....yeah definitely need to watch that area And yes we are still in a MASSIVE diagonal pattern so look for the ABCs and continue to expect DEEP RETRACEMENTS of ANY significant moves up GME DECODED Expanded View of Cycles Fib Focused Chart. Yellow Vertical lines are FUTURE POTENTIAL PRICE PIVOTS (I absolutely believe these to be powerful) Above EACH horizontal white line is a Zone of Low Liquidity. There is nothing above 32 but there is also NOW NOTHING ABOVE 22. Once price gets going higher this becomes a VERY REAL PROBLEM FOR SHORTS i.e. why we are getting EPIC SHORTING between 32-34 Next Week. Short Term levels im watching GOOD TRADING TO YOU ALL!!!
NYSE:GMELong
by Heartbeat_Trading
13
WC: 29.58 Target: 1800-2400 MOASS: 47k-100K: Week Of 06/09Ok this is my last video on Gamestop You will see less frequent posts going forward and they will be at the MACRO level and focused almost exclusively on the daily charts Its been a ride covering this over the past year or so True to my posting intention (I'm only here to help people trade better) this video is educational in nature Its not hopium fueled at all...this is me, one last time...TEACHING YOU HOW TO FISH First half of the video is setting your charts up for the squeeze Second half of the video is showing you some new stuff around the 20 Week Cycle that you havent seen before But yeah..no hype...just TA and some rambling..because as my Tagline on my X profile says i'm: "Just a guy who likes to draw Elliott Waves on stock charts and ramble on about markets." GOOD TRADING TO YOU ALL...SEE YOU ON THE OTHER SIDE!
NYSE:GMELong
by Heartbeat_Trading
84
WC: 29.80 Target: 1800-2400 MOASS: 47k-100K: Time to FOCUSAs I reminded everyone in the youtube video earlier this week we are dealing with a large Diagonal structure in GME There is nothing unusual AT ALL about the decline we saw this week That is the nature of diagonals Now we seem to be bottoming again around 30 which if that continues should see price rise to the 38 level then ultimately the 45 region I also gave you 2 days to watch leading up to and during the week of 06/09: 06/05 and 06/11 Expecting to again see strong volume after those dates I have no idea obviously but I would also expect The Cat to make an appearance around 06/09..probably on 06/08 if his Sunday posting pattern continues..but who really knows At the end of the day im just watching FIBS, VOLUME and Indicator Confluence/Divergence I'll leave the hopium to someone else...i'm strictly business from here out GOOD TRADING TO YOU ALL
NYSE:GMELong
by Heartbeat_Trading
30
WC: 33.03 Target: 1800-2400 MOASS: 47k-100K: TICK TOCKIt would be easy to be really hyperbolic with my tone and words right based on the latest price action...but I'm NOT going to be I am a TRADER and in order to extract profit consistently over time its important to manage the PSYCHOLOGICAL aspect of trading well i.e. your emotions That's why I going to focus on only the TECHNICALS because THAT, for me, is what's going to ensure that I see as much PROFIT as possible from this trade:
NYSE:GMELong
by Heartbeat_Trading
68
TESLA: A Good Trade for Bulls AND BearsTesla has an Elon problem aka a SENTIMENT problem I am a 100% Technical Trader I am an avid believer in Elliott Wave Theory and Socionomics From those perspectives its clear to me that Tesla is in trouble...long term Tesla went from essentially a meme like stock to a media and Institutional darling The meteoric rise in the stock was largely because of belief in Elon..the person Yes his companies have done some pretty amazing things..but if we are honest there are tons of failed promises in their past and now we are seeing competitors start to really make ground This is showing up in vehicle pricing and units delivered..both trending down The problem Tesla stock truly has though is that soooooo much of the company sentiment is tied into a belief in Elon- the person..versus the fundamentals of the company and their actual products (cmon we all know LIDAR is better smh) As his popularity wains... so will Tesla So with that said the charts are setup to provide opportunities for BOTH BULLS and BEARS over the next few years. The chart show really clean places to take and hedge positions... but long term BULLS need to be keely aware of the "Trouble" line because if and when it breaks Tesla will be in serious trouble
NASDAQ:TSLA
by Heartbeat_Trading
2
TLT Is Yelling at UsYou typically see a migration to TLT when people are looking for a safe haven from troubled markets I posted about TLT previously and thought we were about to see a rush to the trade because of potential market weakness Well as we know this Bull market continued to show legs and subsequently TLT has been grounded on the launching pad The market is yet again showing classic signs of topping Are we saying that the market is about to crash? NO..not yet What we are saying is that liquidity is leaving the equities markets in droves and TLT will most likely be a place where that liquidity finds a home So pay close attention to TLT over the next 6 months because its going to tell you everything you need to know about this bull market
NASDAQ:TLTLong
by Heartbeat_Trading
3
BITCOIN: $150k by Oct 2025...then PAINThe rise of Bitcoin and the crypto space as a whole has been one of the most fascinating parts of this last Bull Market run. From a socioeconomic perspective the rise of speculative assets, including Bitcoin, often coincides with bull markets and economic cycles. These speculative booms tend to cluster near periods of excessive liquidity, investor euphoria, or the final stages of economic expansion. Below are comparisons highlighting how Bitcoin's behavior aligns with previous speculative asset bubbles and economic cycles: 1. Bitcoin and the Dot-Com Bubble (1995-2000) Similarities: Speculation Driven by Innovation: The internet in the 1990s and blockchain technology in the 2010s both promised transformative potential. Parabolic Price Action: Many dot-com stocks exhibited exponential price growth, similar to Bitcoin during its 2017 and 2021 bull runs. Euphoria at the Peak: Both saw significant retail and institutional participation near the top. Collapse: The NASDAQ dropped ~78% after 2000; Bitcoin saw >80% declines after 2017 and 2021 peaks. Economic Context: The dot-com bubble coincided with a strong economy, low unemployment, and expansive monetary policies before the Fed began raising rates in 1999. 2. Bitcoin and the Housing Bubble (2002-2007) Similarities: Access to Cheap Credit: Just as low-interest rates fueled the housing market, easy liquidity and ultra-low interest rates from 2008 onwards helped Bitcoin's rise. Speculative Investments: Both periods saw retail investors flock to perceived high-return assets—real estate in the 2000s and cryptocurrencies in the 2010s/2020s. FOMO and Leverage: Use of leverage amplified returns and risks in both markets. Economic Context: The housing bubble inflated during a period of economic growth and low rates, culminating in the 2008 financial crisis. 3. Bitcoin and Gold During the 1970s Similarities: Hedge Against Inflation: Bitcoin is often called "digital gold," much like gold was a refuge during the stagflation of the 1970s. Speculative Mania: Gold's rise in the late 1970s was driven by fear of inflation and geopolitical instability, paralleling Bitcoin's role as a hedge during monetary expansion. Economic Context: Rising inflation, energy crises, and global uncertainty contributed to gold's rise, peaking in 1980. Bitcoin's 2021 peak coincided with fears of monetary debasement and high inflation. 4. Bitcoin and the Roaring Twenties Speculation (1920s) Similarities: Technological Innovation: The 1920s saw the rise of automobiles, radios, and electrification, much like blockchain innovations in the 2010s and 2020s. Excessive Leverage: Margin trading drove speculative stock purchases in the 1920s, akin to the leverage seen in crypto markets during Bitcoin bull runs. Economic Context: An economic boom and loose monetary policies fueled the 1920s stock market until the 1929 crash. 5. Bitcoin and Oil During the Early 2000s Similarities: Scarcity Narrative: Oil's rise during the 2000s due to geopolitical concerns and growing demand mirrors Bitcoin's scarcity-driven valuation. Speculative Price Movements: Both experienced rapid growth as speculative capital piled in. Economic Context: Oil's rise coincided with economic growth, peaking before the 2008 financial crisis. Bitcoin has also seen peaks before macroeconomic downturns. Common Themes of Speculative Peaks: Liquidity Abundance: Speculative asset bubbles often form during periods of loose monetary policy or fiscal stimulus. Retail Participation: Peaks are marked by significant retail involvement, media hype, and euphoric sentiment. Late-Cycle Phenomenon: The speculative peak often aligns with the late stages of economic expansion, just before a contraction. Leverage and Risk: High leverage amplifies price volatility and magnifies both gains and losses.
INDEX:BTCUSDLong
by Heartbeat_Trading
2
WC: 27.54 Target: 1800-2400 MOASS: 47k-100K: #GME20WeekCycleLast weeks post, Gamestop Decoded, laid bare everything that I'm fully confident on related to the timing of settlement cycles and The Cats plays To summarize, GME moves on a 20 week settlement cycle that in its current iteration kicked off the week of Nov 27, 2023 The Cat seems to be amplifying price improvement thru strategic options/ share buying during Low IV periods within the settlement periods I'll talk about some other interesting aspects of this in my next video on, 05/17 Whats Next? As explained in the Gamestop Decoded video, from the WEEK ( not day ) of 05/12 thru the WEEK of 06/02 I anticipate volume to pick up significantly due to The Cat starting to receive his ORIGINALS which are WHATS IN THE BOX That will lead to the WEEK of 06/09 which equates to the EXPLOSION EMOJI in the EMOJI Timeline P.S. I will be GOING LIVE on my YT channel on 06/09 if you care to hear me ramble about whatever price action we see lol GOOD TRADING TO YOU ALL!!!
NYSE:GMELong
by Heartbeat_Trading
30
MPW- About TImeMPW has been taking its swwwweeeetttt time overlapping and making lower lows This is absolutely related to that insane borrow fee and the shorting taking place But as with everything else, all things must come to an end :) Shorts are about to get wrecked for the next couple months most likely This should fly right along with the other stuff that squeezes from now throughout the summer I'll most likely end up making this part of my "Squeeze Me" series
NYSE:MPWLong
by Heartbeat_Trading
3