Author | Source |
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u/gherkinit |
Happy Friday Apes!
Woke up to a packed inbox this morning.
Yes, I know he-who-must-not-be-named has crossed over to the meltdown side, it happens when you lose $1000s betting options on tweets…
We spent 2 hours yesterday talking about Tropic Thunder on stream and Elon Tweeted about it.
I got my own fucking trading card! Huge shoutout to u/ClearEye2428
Oh and now people are drawing stocks charts on walls with pickles
This is the way
Some days I’m really reminded how much I love this community thank you all for the continued support, it’s a hell of a ride.
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, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base…
After Market
1.5m volume for a new YTD low. still only down 0.16% for the day. The effort to keep the price suppressed is pretty astonishing this week. Thank you all for tuning in I will see you bright and early Monday morning.
Edit 8 3:02
Power hour is upon us at historically low volume levels we’ve actually had a lot of price action
Edit 7 2:14
Lower trend bounce
Edit 6 1:47
Bounce off the lower trend after H&S breakdown
Edit 5
Moon escalator?
Edit 4 12:14
No volume and away we go!
Edit 3 11:50
Back above the trend for the day that dip represents this mornings short attempt
Edit 2 10:31
Nice bounce probably covering the 200k shares borrowed this morning. Short hedge fund circle jerk right?… GME bounced nicely off VWAP hopefully continuing the uptrend
Edit 1 9:51
Looks like the borrowed shares got spent without a lot of price action but the volume remains pretty low right now. If it stays this way I expect sideways and down.
Pre-Market Analysis
Today looks interesting. Solid uptrend throughout pre-market, I would love to see an open test of 200. Volume currently sitting at about 10k so kind of low but when have we ever needed volume to go up? Looks like about 200k shares borrowed so possibly a small dip if volume stays low maybe a drop of $5.
GME pre-market 1m
We dropped from the cup and handle a little bit yesterday but since we’ve traded so little volume out of the formation it’s very possible that the expected bounce is still likely. Also we got our first BBKC fire signal on the daily yesterday.
Cup & Handle on the 1D
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