Author: u/gherkinit
Good Morning!
Another day of testing 180 could be ahead of us. I guess we will have to see how badly the 7,188 open calls @ $200 strike want to get paid today. Could be interesting.
Again Your support has meant the world to me over this last week. I am so amazed at what we have accomplish not only on YouTube but yesterday these post almost made it to the front page. Hopefully we will have even more visibility today. You guys have been so amazing in upvoting and awarding these posts. Thank you so much.
Important: please remember that if you haven’t contact your broker about your proxy information, you should do so immediately! Not only, are you the owner of a business, but these actions could trigger a share recall by GameStop in order to verify the accuracy of their count. This is a major catalyst…
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Historical Resistance/Support:
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
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
Questions are always welcome I will reply down in the comments as often as I can
After Market Wrap PArty !
Well we didn’t close up it looks like some deep ITM puts tanked the price for the latter half of the day. Here are our closing stats.
Everybody take a breather enjoy your weekend the stock will still be here Monday. Thank you all again for the support on the stream and in here it’s been an amazing week and when in doubt on GME just zoom out we are trading several resistance levels above last week and still looking bullish as all hell.
Keep Calm and Stonk On!
See you all Monday for more exciting action!
Edit 17 3:28
Bounce on that descending support could see price action on volume. Still just sideways low volume looks like the week will end between 172-180. I’ll update any dramatic change.
Edit 16 3:05
Power Hour? Slow drift downward we could close as low as 172.5 at this rate
Edit 15 2:38
Nothing happening we broke out of that descending but just more chop above 175
Edit 14 1:55
Descending channel these usually break up. Still consolidating from that last test hitting resistance @ 175 is not out of the question.
Edit 13 1:37
Broke VWAP could head down to 175 again. Burned out the bull side on the 180 test.
Edit 12 1:23
Triple top/ weak head and shoulder. Looks like we’ve exhausted the attempted push of 180 I can see a dip to VWAP and consolidation before testing again.
Edit 11 12:56
The gravitational pull of 180 is strong
Edit 10 12:42
Looking like a failed breakthrough but we will see if the bulls want to hold the line or not could break back to VWAP
Edit 9 12:03
Still running towards that 180 this ascending channel looks strong but the volume is low I would expect it to spike if we hope to clear 180. I think bull side will push for 200 between now and 3pm in order to capture some of the $ from those $200 Calls
Edit 8 11:30
Bull flag. This can run on volume but without support they usually break to the downside
Edit 7 11:12
Moving up to test VWAP earlier than I expected if we get carried by volume we could even test 180 otherwise expect a rejection at VWAP and more chop
Edit 6 10:49
Weak bounce at 175 could take a while to retest 180
Edit 5 10:39
Volume backed downtrend could hit as low as 169-172
Edit 4 10:22
Weak breakout volume is low but way better than yesterday sitting around 1.5MM
Edit 3 10:11
Small descending wedge looking to break up and test again
Edit 2 9:43
Nice early test of 180. Looks like not enough momentum to push through but this is a region I like to be in. If we break the line will update immediately.
Edit 1 9:32
If stays steady we could see a AM test of 180, 66k on opening candle
Pre-market Analysis
Pre-Edit 1 8:45
There was a small gap down which it appears that we are in the process of filling. The volume is low but could pick up in pre-market after 9:00.
This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.