Author: u/WardenElite
This is not financial nor investment advice. These are ideas and opinions for information purposes only.
This post will read bottom to top. It’s easier for people to refresh the page and see edits at the top
Historical supports and resistances:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.
Edit 13 4:00PM:
Ending around 154.49, down 1.25%. Overall the 2nd lowest volume day since Jan.
Have a great weekend everyone!
Edit 12 3:29PM:
We’re on track for being the lowest volume day (less than 4.7 million) since before the Jan spike.
Edit 11 2:43PM:
2 hours of low volume lmao. ZZzzzzz. Hopefully we actually get some “power” during power hour.
Power hour: https://www.youtube.com/watch?v=F6XoLaWv-Js&ab_channel=WardenElite
Edit 10 11:55AM:
Price is staying above the resistance for the wedge.
Edit 9 11:50AM:
———–>
Perhaps midday and power hour, we’ll see the fireworks.
Edit 8 11:19AM:
Head and shoulders.
Edit 7 11:05AM:
New resistance added at 158.5.
Edit 6 10:47AM:
Moving up on low volume. Nothing significant happening yet.
Edit 5 10:26AM:
Nothing really happening so far. A couple 160 and 200 strike Calls sold. Probably sold to close or covered calls.
Edit 4 9:51AM:
Bit of a wedge forming.
Edit 3 9:38AM:
Stream: https://www.youtube.com/watch?v=TBaCp_5NNXw&ab_channel=WardenElite
Edit 2 9:37AM:
Bouncing between the 152.5 and 157 channel.
Edit 1 9:31AM:
First minute candle 192k volume. Pretty low. Perhaps a quiet market open followed by a bang later in the day.
Begin Reading Here
Gooooooood morning my fellow apes!
Well the day has finally come. The great exercise day. By exercise, I mean stand up in your room and stretch your arms. Do some jumping jacks and prepare for whatever the heck GME has in store for us today.
We saw a bit of a pullback on Thursday, and I’m expecting Friday to be a continuation of Wednesday’s mad rally. Seems DFV has been on a bit of a tweeting spree recently. Maybe he knows something is up? Getting a bit pumped for what will happen very soon? Who knows. All I know that he knows, is that he really likes the stock. So do I.
Premarket Analysis
Shorts really do love hammering it in the premarket. Broader market gapping up in the premarket but GME hammered down.