| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Superstonk!
I wanted to make sure everyone knew, before anything else
“I might be early, but I’m not wrong”
Now that my ego is assuaged “let’s get down to business, to defeat some funds”
Good mine too, I’m on hold with a doctor it says no more than four hours…
If you guys haven’t had a chance to Check out this weeks forward looking TA
Check out 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, 232.5, 235, 242.5, 250, 255, 262.5, 275, 285, 300, 302.50, 310, 317.50, 325, 332.5, 345, 350, moon base…
This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.
After Hour Wrap Up
Closed the day slightly above 300 keeping the 300c ITM for now. I expect some volatility post earnings but nothing too dramatic let’s see how after hours play out. I’ll post my synopsis here on tomorrow morning’s post. Thank you all again for tuning in and Happy 6/9.
-Gherkinit
P.S. 4:11
New CEO and CFO
Edit 9 3:02
Nice little run to start off power hour, looks like we might see more now that we are trading in the upper range I showed earlier
Edit 8 1:52
I’d say wait for a dip but there isn’t enough volume for one
Edit 7 1:41
Breakdown from the daily trend the volume is super low since about 12:30 so that could have a lot to do with it
Edit 6 12:56
Baseline trend for the day
Edit 5 12:28
Thesis still the same, no news = good news, titz are still jacked! Double bottom to a test of 310 let’s see if some volume comes in
Edit 4 11:36
Chopping above 313 right now. No verifiable news from the shareholder meeting about vote count as far as I have heard so far.
Edit 3 10:32
Bounced off 300 testing 310
Edit 2 10:02
Double bottom re-test at 300
Edit 1 9:53
Dip at open they will want to keep this under 300. I do not expect any price action till after the SH meeting.
Pre-Market Analysis
GME looking good for a Gap fill back up to retest 320. Volume is a touch higher than yesterday at this time 200k traded so far. Available shares to borrow 369,000 (iborrow/fidelity)
Over here on the 4h timescale you can see the expect price action for the week based on this weeks DD. This is day 21 of this pattern playing out. If we break 350 resistance today I’m looking for another one of those deviations from the week before last to occur. Last time it was when we broke 242.50. Possible high 371 and a possible low of 246.50
*My YouTube channel is “monetized” if that is something you are uncomfortable with, I understand, while I wouldn’t say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled. My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.
** Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
*This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.
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