| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Superstonk
Another day another pickle related crayon session
We are kind of in a lull right now the TA for this week is still in bullish trend. As far as other catalysts not a lot I can think of in the near term. I heard -005 goes in to effect today but am having some difficulty find a source that is reliable.
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)
(this post will read from top to bottom)
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
That was an odd day with sort of an interesting end. I’m gonna be keeping an eye on after market i think we maybe entering our uptrend on the Cup & handle. Thank you all so much for tuning in I will see you bright and early tomorrow morning!
edit 9 3:08
🚀🚀🚀🚀?
Edit 8 3:07
very odd
Edit 7 3:03
These liquidity test would be to see how much a given amount of capital moves the price but these are usually done in a simulation. This is odd to say the least
Edit 6 1:58
Another one…?
Edit 5 1:46
And just like all consolidation on GME a nice break to the upside
Edit 4 11:46
Someone is doing a short thing bear spread @ 250 strike
Edit 3 11:20
Baby bulltrap possibly a liquidity test for a bigger move…hard to say as only a much larger following move could confirm it
Edit 2 11:00
Bounce on VWAP possible wedge on the intraday these are usually a bit unreliable as this one has very little supporting volume. Additionally vole is still <650k so probably not enough top move through resistance unless something comes in.
Edit 1 10:00
Down and then back up to resistance at 210 looks like a dull day based on volume so far although we inverted the SPY run up at open so that probably means some of those 300k shorts got dumped
Pre-Market
Pre-Market is pretty flat since close, 12k volume right now with 300k shares available to borrow. OI on calls is picking up a bit as we get closer to Friday and IV dips. Max pain this week is 212.50.
The SPY is still struggling to cross back into it’s long term trend.
Spy 1D timescale
Lastly still looking good on that cup & handle actually looks like we may see a small bit of upside today
GME Cup and Handle 1D timescale
Disclaimer
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