| Author | Source |
|---|---|
| u/gherkinit |
Happy Canada Day Apes!
Today might be an interesting one yesterday I think we saw some liquidity tests on the stock these are generally done to see how much a given set of capital will move the price so 40k shares to go up $4 and 160k to go back down again. Lends a little credibility to that short inflation theory I had way back except it’s much worse now than it was.
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 a long rough day but we picked up at the end a bit and the closing stats were pretty bullish. Thank you all for tuning in and I’ll see you tomorrow!
Edit 5 3:00
Hard power hour no volume bounce
Edit 4 12:53
Sorry guys my reddit has been down. Slight dip but the volume is still super low looks like they might be trying to bring it down.
Edit 3
Sagged below VWAP after that spike trading sideways on no volume. Oh and then GameStop stole my tweet from yesterday….https://twitter.com/gherkinit
Edit 2 10:22
Bounce off 210 lead into some bullish momentum buy pressure seems to be dying off let’s see if it picks up again
Edit 1 9:46
Stand morning short into a cross above VWAP looks pretty decent honestly we might see a bit of a move
Pre-Market Analysis
Absolutely dead this is the lowest pre-market volume I have ever seen on GME we will see if it picks up before opening bell. $400k Shares available to borrow.
TTM and BBKC are back on the menu here are the Bollinger Bands doing their thing with GMEs Keltner Channel and a nice series of fire signals
3 fire signals on TTM 4hr timescale
Cup & Handle
Current position on our C&P breakout trend 1D timescale
Disclaimer
** 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.*
*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.
*This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.
 No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* Learn more