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Create 2021-06-30-Anatomy-of-Parabolic-Movement.md
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Anatomy of parabolic moves and how GME is heading to 1000$ a share.
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| Author | Source |
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| :-------------: |:-------------:|
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| [u/eoneqeip](https://www.reddit.com/user/eoneqeip/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oaqqry/anatomy_of_parabolic_moves_and_how_gme_is_heading/) |
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---
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[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
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Good day apes ~~and apettes~~ (thanks [u/kibblepigeon](https://www.reddit.com/u/kibblepigeon/) for teaching me that "ape" is already a gender inclusive term), just wanted to jacque your tettitas a lil more if I can.
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Here's the dissection of a parabolic move on an x security, movement to 1 is parabolic but is also a little parabolic move inside a bigger parabolic move (5). What is interesting is price behaviour: after first big move up (1), usually there's a circa 50% retracement of that move (2) then sellers come back until price close above 2 (3), then at (4) the last small dip before (5) meaning the sellers capitulated.
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Small dip move from (3) to (4) is KEY because here happens the shift of power from sellers, which were in control of price since (1) finished, to buyers.
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Move (5) as now went to about 3X the price of move (1).
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[](https://preview.redd.it/95jyxija8c871.jpg?width=1035&format=pjpg&auto=webp&s=870ec16616f570db7a4b9868e549539569919d3c)
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a common graph of a common parabolic move
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Now let's get straight to the jacque part of my kindergarten analysis
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[](https://preview.redd.it/snfq6cue8c871.jpg?width=1035&format=pjpg&auto=webp&s=12b0f550b2f3d169e548710ea24135c74ad4719a)
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a graph of a well known idiosyncratic stock
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To me the situation seem pretty darn parabolic and I see the same behaviour described above...
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Only differences are related to time scales (first case was weekly, second was daily) and move 1 retracement (2) which in 1st case was 50% while on GME is >50% (meaning buying was more aggressive in this case).
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I don't want to hype dates or anything but I think we are in (4) now, that small but very important dip where power shift happens and up up up the parabolic flight begins.
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So buckle up and enjoy the flight.
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EDIT1: more evidence of this pattern in a fairly known movie theaters stock which recently exihibited a parabolic move (here as well as now price in (5) has tripled maximum price of move (1)).
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[](https://preview.redd.it/nxqb21ej8c871.jpg?width=1034&format=pjpg&auto=webp&s=6d59e58c01981a10312b3c3361ad1724241a5220)
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EDIT2: another one, this is interesting because move (5) almost 3X move (1) but had a more bumpy development (lower timeframe here with more noise maybe?)
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[](https://preview.redd.it/8w3i4a5m8c871.jpg?width=1037&format=pjpg&auto=webp&s=215999c3c075d3417c64dba5ab72e06906c964cf)
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EDIT3: another one in which move (5) max price triples parabolic move (1) max price.
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[](https://preview.redd.it/dnw5eg2p8c871.jpg?width=1039&format=pjpg&auto=webp&s=d311db539deca12a117e584c0ea8d766bd649385)
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EDIT4: a famous e-commerce giant which GME is going to replace, here move 5 did 33X the max price of move 1 (obviously fundamentals here helped)
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[](https://preview.redd.it/hcp8j0ur8c871.jpg?width=1040&format=pjpg&auto=webp&s=fe3b05a176aeedff20023e0a3d93b3dcf8e7b377)
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EDIT5: another big weekly case on a big tech, from max price of 1 (37$) to price to date in 5 (799$) it 23X. Notice how sometimes these parabolic moves requires years (move 5 started in the end of 2012).
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[](https://preview.redd.it/sr4lt1su8c871.jpg?width=1037&format=pjpg&auto=webp&s=a1edf81b6795e1d8b4ec5248f294fffe3f31c667)
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Based on these examples I think we are set on GME for a move 5 which will at least triple the max price of move 1 of january (345x3=1035$), notice I'm using the price of line graph and not candlestick price of january pick (482,55$), this doesn't mean GME won't go past 1000$, we saw before that with strong fundamentals and time move 5 can easily go 20X and beyond move 1.
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I don't know about other securities but GME is a unique case for short interest and for retail interest in it so it is very possible that it will set an unprecendent, idiosynchratic, to the moon move 5.
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Prepare to see your most liked stock at least at 1000$, I'm preparing for this and zenfully reminding myself that at 1k we still trading sideways. I just want you to be prepared as well for what is coming (I predict future fud at 1k stating HF have covered and so on...(yeah like they covered in january! - we own the float x times bitch! - when in doubt bath yourself with the DDs)).
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Buckle up.
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