| Author | Source |
|---|---|
| u/gherkinit |
An excellent morning to you all!
Something about 002 this morning let’s find out who’s ass the DTCC is actually protecting
Highlight from the Federal Confessionals yesterday…
thx to u/JohnnyLarue2u for clipping this
If you guys haven’t had a chance to Check out this weeks forward looking TA
Join us in 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 (previous ATM offering), 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, 225.20 (new ATM offering) 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…
After Market
Another end of day run up closing down exactly 0.69%…I know bullish. Thanks for tuning in tomorrow might be a good one.
Edit 7 2:47
Reddit having some issues…I hope this loads. Nice little run up let’s see if we can stay above VWAP and continue into power hour
Edit 6 1:53
The pickles aren’t even capable of bring the stock up today, volume currently at 2.44M …
Edit 5 12:40
Getting pulled of VWAP from drop on the S&P volume is currently to low to resist market sway
Edit 4 11:19
Downward consolidating wedge on the 1-minute might break us back up through VWAP
Edit 3 10:46
Failed that test at 220 back down to VWAP volume may not be high enough to hold
Edit 2 10:33
Ah yes going up on no volume, always feels nice
Edit 1 9:49
Nice opening dip, dropped below VWAP volume dwindling
Pre-Market Analysis
53k Premarket volume, 35,000 shares to borrow looks like the stock is nicely moving towards that new support at 225.20. I hopefully today we can see some price improvement with everything going on, I’ll admit it’s getting hard to make sideways chop really POP! Today -002 supposedly goes into effect which should mean that capital requirements are going to be checked daily instead of monthly. If this is enforced we may see a rapid acceleration in the T+X cycles.
Also here is our Cup & Handle on the 1D timescale, remember that all cup and handles are not equal and to check with a registered financial advisor before committing to some of the fraudulent cup and handles you’ve seen popping up :)
Cup & Handle on the 1D timescale with supporting ascending triangle
** 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.*
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*This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.
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