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, 163, 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 19 4:02PM:
Ending around 164.48, up 6.33%. Pretty great day! See you all tomorrow.
Edit 18 3:27PM:
We can reasonable end at the upper half of this channel.
Edit 17 3:00PM:
Power hour:
https://www.youtube.com/watch?v=ZoL80H7BGFE&ab_channel=WardenElite
Edit 16 2:09PM:
Just verifying that I am indeed still here and not kidnapped by hedgies. Hello everyone! What another boring midday haha!
Edit 15 12:34PM:
Bit of a ———> midday. Hope power hour is a bit more fun!
Edit 14 11:46AM:
Increasing Call volume at the 170 strike causing a price bounce.
Edit 13 11:26AM:
Finally testing the 163 support I speculated on on stream. Patience my friends. We may not see any explosive power today, but that won’t make me any less bullish on this stock.
Edit 12 10:56AM:
Volume slowing down, we can bounce within the 165.5 - 169 channel.
Edit 11 10:45AM:
Volume hasn’t really picked up. Broader market dragging GME down a bit.
Edit 10 10:35AM:
If volume picks up, we can continue the ascending channel.
Edit 9 10:31AM:
Volume slowing down. We might consolidate around 171.5.
Edit 8 10:25AM:
The pickup in volume has resulted in GME favoring the upside. 174 resistance is next.
Edit 7 10:14AM:
GME inverted the SPY a bit. That negative beta eh ;)
Edit 6 10:10AM:
SPY tanking a bit.
Edit 5 10:00AM:
On low volume, we may move down a bit and then consolidate.
Edit 4 9:46AM:
Bouncing within the 165.5 - 169 channel.
Edit 3 9:37AM:
Slight gap fill, two possible Fib support levels for a bounce.
Edit 2 9:31AM:
823k volume 1st minute.
Edit 1 9:29AM:
Added 163 support.
Begin Reading Here
Gooooooood morning my fellow apes!
The destined Monday bounce has come. Market open is going to a be a bit crazy.
Tune in to stream here:
https://www.youtube.com/watch?v=s5weu1LzWTc&ab_channel=WardenElite
Premarket Analysis
Up 11% as of now. We sliced through a diagonal resistance and now we’ll be testing the 177 resistance above at market open.