Huat99
2022-09-17

$AMTD Digital Inc.(HKD)$$GameStop(GME)$AMTD vs GME, they have similar moves

GME Initial Meme stage that breaks All Time High after High

1. crazy UP move in two weeks (Jan 2021)

2. collapse > 90% thereafter (Feb 2021)

3. another UP thrust that follows (late Feb 2021) and gradually ended in Mar 2021 (though it remained volatile throughout the rest of the year)

Back to AMTD (and YES! only if you think the moves very similar)

1. GOD move in two weeks (Jul 2022 initial IPO trading)

2. collapse > 90% thereafter (Aug-Sep 2022)

3. another UP thrust that follows (currently in progress)

The ONLY significant difference between them - Volume

AMTD is thinly traded as opposed to GME

Resist - $800 ~ $1000 (multi-bagger!)

Support - $46 (or perhaps, stop-loss)

If you find this analysis useful, please like and comment[Heart] [Allin] 

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Comments

  • boardy
    2022-09-18
    boardy

    Great article I would like to share 

  • Huat99
    2022-09-17
    Huat99
    @TigerStars @Venus_M @BTS once awhile add you [Miser]
    • Huat99Reply___ _: 
      yes, seems getting active recently [Like]
    • ___ _: 
      ah i didn't notice BTS until now.   he seems to be good with TA too  [Happy]
    • ___ _: 
      good post 👍  keep it up 👏
  • 88wlam88
    2022-09-17
    88wlam88
    Games of Thrones…
  • LalaLand
    2022-09-18
    LalaLand
    But it's not a Meme stock right?
  • marico
    2022-09-19
    marico
    always remember that it is a cleaner in northern beaches area
  • LINLIN
    2022-09-20
    LINLIN
    Good
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