That Time We Shorted (GPS) Gap, Inc. - Technical Analysis, Trade Recap!!

Gap Inc. has three main brand/divisions, Banana Republic, Gap, and Old Navy. In 1983, Gap bought Banana Republic, which was then a unique chain of jungle-themed stores that sold safari clothing. In 1994, The Old Navy Clothing Co. was launched, named after a bar the then CEO Drexler saw in Paris. The three divisions have a presence in Japan, United Kingdom, France, Canada and Germany and majority of the stores are in the United States leaving aside the franchisees which are spread all over.

A Brief History of Gap, Inc.

Gap Inc. is an American multinational clothing and accessories retailer, with operations in over 90 countries. The company was founded in 1969, and is known for its high-quality and fashionable products, as well as its commitment to social and environmental responsibility.

The history of Gap Inc. can be traced back to 1969, when Donald and Doris Fisher, a young couple from San Francisco, opened the first Gap store in the city’s Haight-Ashbury neighborhood. The store was a success, and the Fishers quickly expanded the business, opening new stores and introducing new products.

In the 1980s and 1990s, Gap Inc. experienced rapid growth and expansion, and became one of the largest and most successful clothing retailers in the United States. The company introduced new brands, such as Old Navy and Banana Republic, and also expanded internationally, opening stores in Europe, Asia, and Latin America.

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In the 2000s, Gap Inc. faced increased competition from other clothing retailers, and the company underwent a period of restructuring and transformation. The company closed some of its stores and introduced new products and marketing campaigns, and also continued to invest in social and environmental responsibility initiatives.

Today, Gap Inc. is a global leader in the clothing and accessories industry, with over 3,700 stores around the world. The company is known for its high-quality and fashionable products, as well as its commitment to social and environmental responsibility. Despite challenges in the retail industry, Gap Inc. continues to innovate and adapt to changing customer needs and preferences.

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pretty good this one’s also pretty good

we’ll go through this one quickly though

this is Gap us derivative GPS pretty

good dividend

have they raised the dividend since then

they might have raised their dividend

I think they did

spoilers I know I know look at that in

the video it was two

now it’s 5.5 guys look at that

interesting

I’ll let the visual speak for itself

listen to the man listen to the man

we were in this I’ll let the visuals

speak there’s no vibe for it you gotta

follow on Twitter and the Discord look

at that average

cost twelve dollars 85 cents a share

right up in this pocket buying here

buying here buying here

[ __ ] skyrocketed made damn near 300

percent playing Gap what happened around

this time what caused all this to happen

it was right in this pocket right after

the 2020 sell-off Kanye announces his

collaboration with gap which

the year down the line we didn’t get any

actual products released out of that

collaboration until basically 2021

mid-21-21 and I have one wait a minute

wait a minute do I have a picture to

show you guys

I actually have it I purchased it like

250 dollars hoodie here

um it took like four months to come in

the mail kind of ridiculous kind of

ridiculous

it’s pretty cool though it’s pretty cool

though right

yeah

so we were buying into that dip average

share price twelve dollars boom all the

way up to 30. like damn near 300 percent

and that’s in the Discord as well

oh no I placed in the video

price 32.

20

so I’m just explaining a bit of our

history with this company remember

things go both ways everything has its

up and downs

but this

when I posted this in the description

will speak for it so yeah 31.51 right up

here we bought way down here

I alerted you in the Discord we’re

getting out of this

position we’re done here we’re done here

um we sold out again made damn near 300

but what happened after that thing

started the tank things started to tank

right down right down

2 13 20 21 2021 boom boom

we were right there in that candle

and again it took before it even started

to turn around it took one month two

months three months but then

nothing but down foreign

[Music]

average cost per share 12 dollars

current price 32.

directly underneath that

same day sold has not been edited sold

has not been edited there there is no

edited thing in either of those

we were in you rode up with us boom we

got our money I do the dash I’m out

foreign

what am I doing bro what what am I doing

stop dude stop dude that’s not me I I

don’t know this guy I don’t know this

guy

um

again you can go watch this highlight it

was uploaded October

2021 October 21st 2021 21.

let’s just give you the final round up

here where do I start

Ethan for those of you who may be new

visit my website make sure to follow

those guys thank you friend links to all

my various socials right now we are live

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live make sure you’re following on

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stay up to date with all the latest

information

also we have a Discord I am in the

Discord 24 7 7 days a week if you ever

have any questions about a specific

Stock Exchange order type I’m there

readily available to help

um right now we are looking at gaap um

ticker GPS this is the monthly chart

always make sure you are looking at

these time frames so you can get an idea

of

how much time it might take to uh

boom right here look at this okay so we

showed you how we played the way up made

near 300 we told you we showed you

exactly where we sold

exactly noted in Discord not touched 100

percent

it started to sell off boom we make this

video we make this video here

displaying the chart displaying our work

we showed our projection you can tell by

this white square right here it starts

at the top moves down it says negative

27 because we measure that what’s the

price point ten dollars and sixty cents

we’re saying boom you know we don’t want

to be in unless our average is less than

10 10 60 to be exact in this how do you

think it looks today guys how do you

think it looks today well

spoiler

boom

ten dollars

ten dollars in the video 1060.

1007. it couldn’t have been more close I

couldn’t have been more spot on

it could not have been more accurate

more perfectly projected

played the Way Up played the way up and

the way down guys you see how that works

so

I’m really trying to show you guys like

what we were focusing on six months ago

and how it’s performed now over over the

extended period of time I haven’t even

up like streamed in the past two months

except for maybe once

you don’t need to you could have slept

in you literally could have just been

shorting and sleeping in all day and you

would have performed better than people

out here every day really struggling on

some really shady stuff

it’s just amazing how how it could not

be more accurate

to the exact Penny here we are here we

are so where do we go from here

the exact

Penny bro

played up and down it’s amazing

I also just showed with screenshots

playing the way up

projection on the way down

current price point that’s what the

chart looks like right now amazing isn’t

it truly amazing

you can tell RSI

this is where we bought RSI at the

bottom is where we sold RSI at the top

went right back down this is where we

projected the 10 price point RSI at the

bottom where does it go from here Chet

where does it go where’s it go up down

up down

is not rocket science

um again macd

oversold you buy over but you sell you

stick to the plan if things get a little

I don’t even know what what you want to

call it mid mid plan if things are

getting a little shaky you don’t quit

you don’t quit you keep going you stick

to your plan you don’t put in a

stop-loss that kicks you out kicks kicks

the main homie out like stop losses are

for quitters no shot bro no shot

we’re not the same we’re playing a

different game no shot

you go when you hit the point that your

original plan was to sell you don’t sit

there and be like oh man this is one of

my best physicians it’s been so strong

over over the past six months you know I

think it could just go to the Moon you

know I’m not gonna sell I originally

planned to sell here I told everyone I

was gonna sell here but I you know I

might sell it no you stick to your plan

if you get it when it gets all the way

up to that point

you get out

that’s how that’s literally how it works

it’s you stick to your plans guys your

convictions

determination some of the other d words

here dedication

to insert those here

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That Time We Shorted (GPS) Gap, Inc. - Technical Analysis, Trade Recap!!

Gap Inc. has three main brand/divisions, Banana Republic, Gap, and Old Navy. In 1983, Gap bought Banana Republic, which was then a unique chain of jungle-themed stores that sold safari clothing. In 1994, The Old Navy Clothing Co. was launched, named after a bar the then CEO Drexler saw in Paris. The three divisions have a presence in Japan, United Kingdom, France, Canada and Germany and majority of the stores are in the United States leaving aside the franchisees which are spread all over.

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