| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Everyone!
It’s good to be back! Thank you everyone for the well wishes, It really meant a lot to me. Your support and friendship has been tremendous these last few weeks. All is well, and I am ready to get back to stonk watching with you guys.
I am currently getting myself hyped up for another Monday. Based on the continuing crypto crash over the weekend I expect some of that liquidity to flow into GME today. I am looking forward to another strong Monday this week.
I think this warning remains valid this week so I will reiterate it *
As price action picks up today, I may walk away from the reddit post while managing positions, if this is the case you can find me on the stream and discord for a while longer at the links below.
If you want to watch along with the daily livestream https://www.youtube.com/c/PickleFinancial
Or listen along with our live audio feed on Discord
(save these links in case reddit goes down)
Historical Resistance/Support:
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 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.
Edit 9 4:01
Closed up for the day, overall a win. I think some of that downward action was some stop-losses probably not apes but there was also some S&P consolidation there as well. I think we look pretty good going into tomorrow. Let’s see what happens in after hours but I would love to just test 190 right out of the gate. Thank you all for tuning in and all the support. I will be jumping on questions for about an hour then going to bed. See you all tomorrow.
Edit 8 3:47
Pushing 180 again a close above 182.5 would be a huge win
Edit 7 3:18
Did a little dippy-poo but looks like we are bouncing back to test 180 again. What a pathetic short attack.
Edit 6 2:48
Dip ! 100k shares sold and more coming looks like they are trying to push us under 180
Edit 5 2:27
Flat as the desert our volume was harvested in. But still holding that support.
Edit 4 12:56
Still trading sideways along the 185 resistance Plenty of consolidation I’d like to see another attempt at 190 before EOD
Edit 3 11:32
Consolidating on 185 right now 180 looking like confirmed support so at least 1 step closer to getting our hands on some of that nice warm mayo. Bull flag I predicted should be a little above 190 so I’m still looking for that test.
Edit 2 10:37
Breaking to the upside of this pennant on 1.12M volume. At least we are holding strong at 180 for now,
Edit 1 9:47
Failed that test of 180 trending back down to VWAP volume is at 485k
Pre-Market Analysis
We got a pretty hard spike on the open of the EU markets this morning jumping up and testing that 180 resistance right out of the gate we are looking pretty volatile and I am expecting to test that resistance again near open as we gap up.
Check out yesterday’s DD for the price action I am looking for this week as I expect GME is continuing an upward trending pattern.
*This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.
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