Taylor Jones

[Taylor Jones @taylorjonesdc]

Should hit at least $22.30 on Monday, which would be a breakout of the downtrend. And since $AMC looks on the verge of squeezing, that’s intriguing. If $GME doesn’t get up to $22.30 or have a sustained breakout from there, that’s a very bad sign. The $GME chart looks bad but $AMC gave a similar look before squeezing out of the blue in May of 2024.

[Taylor Jones @taylorjonesdc]

@rnewton7777 It is certainly at a place where everything looks like it has been abnormally pulled down, so you wonder if a rebound is coming.

[Taylor Jones @taylorjonesdc]

My guess is that he wanted something like the reported 3 years / $120 million but the Wizards said that’s not what the market will pay you. They don’t want to bid against themselves, so Young is taking a risk trying to drive up the price. I bet the Wizards get him cheaper in the end, at what is more likely a lower market value.

[Taylor Jones @taylorjonesdc]

@ShaunFitzzzy @EchoChamber741 @ib35y45 @diamondape69 It was a cover-up for settlement of large $XRT fails

[Taylor Jones @taylorjonesdc]

@rnewton7777 @zebular0 What do you make of the huge $XRT fails… brief pop into next week and then back on down?

[Taylor Jones @taylorjonesdc]

@rnewton7777 Not convinced by the insane amount of $XRT FTDs due in the next few days? Everything I see says $AMC will squeeze here shortly (unless it’s just a slow run up for once), so the question is if so, is $GME likely to go with it?

[Taylor Jones @taylorjonesdc]

@rnewton7777 Just *barely* dodging all of the moving average crosses that would send price ripping, only by the thinnest of margins with the sharp pull-down in price toward the end of the week. It’s pretty incredible actually.

[Taylor Jones @taylorjonesdc]

$AMC has a very high chance of squeezing next week and the moving averages show $GME in a very similar setup to May of 2024 when it squeezed alongside it. I have one indicator for $AMC positioned like (roughly) January 14, 2021. The only other time it has gotten a similar cross was May of 2024, but looking at chart technicals, that explosion was out of the blue. My curiosity is piqued to say the least. I wonder if we’ll get another 1:30pm announcement tomorrow to explain a violent market move up. Very coincidental timing with that announcement…

[Taylor Jones @taylorjonesdc]

@rnewton7777 The interesting thing is that I’ve looked at a lot of charts. I’m pretty sure $AMC is about to have its big liftoff, finally. And when it spikes, $GME spikes. Depending on how you draw the fibs, $GME breaks out between today and Monday. Fingers crossed. The charts look good.

[Taylor Jones @taylorjonesdc]

@rnewton7777 Seems like they may hold it until Monday. Hopefully not.

[Taylor Jones @taylorjonesdc]

@JoseGom75457788 @rnewton7777 But their shares will be worth more if they buy back, so it should at least offset

[Taylor Jones @taylorjonesdc]

@kshot91 No max pain for market makers to be concerned about tomorrow

[Taylor Jones @taylorjonesdc]

I still believe RC is likely operating in coordination with the market participant(s) who are on the other side of this. There have just been too many filings or announcements timed with major swings, and in many cases, the move was not justified by the news. But it was there from the company as an excuse.

[Taylor Jones @taylorjonesdc]

@ChrisCSports On topic but slightly different angle: if draft picks were assigned an approximate cash value, what would teams be outright willing to pay for some of those slots?

[Taylor Jones @taylorjonesdc]

@SleeperWizards @Ary_Report Exactly right. And the 17th pick is a borderline lottery pick in a deep draft, so it would be great value.

[Taylor Jones @taylorjonesdc]

@bombzonyy @MrCongee It’s tough to find a role for winning players who hustle when you’re trying to lose. But it was definitely frustrating not to see a great player like him out there.

[Taylor Jones @taylorjonesdc]

Note that $XRT had SIGNIFICANT fails on 4/28 and 4/29, with the close-out dates being 6/2 and 6/3. I mapped significant $XRT fails to the $GME chart, and $GME spikes don’t always match the close-out dates, but I observed spikes both before and after, in the vicinity. I’m not talking about moon shots, but definite pops in price. That could speak to what you’ve been thinking about a $GME bottom and potentially also explain this $XRT options activity you’re seeing.

[Taylor Jones @taylorjonesdc]

@TheUltimator5 @MichaelTLoPiano My guess is also that a potential spike would come along with a (potentially coordinated) announcement from the company or Cohen, as usual.

[Taylor Jones @taylorjonesdc]

@BrysonAkinsNBA I seriously doubt the Wizards are trading three or four first rounders plus players for Giannis at this stage of his career.