| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Superstonk,
GME has been smashing records the last couple days with how little volume it’s been trading. Even on it’s worst days it’s winning…
The bullish sentiment leading into yesterday hasn’t faded for me yet. All the indicators are the same, mostly because they really don’t move much on zero volume. So get your titz jacckked we’re going in again.
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)
(feel free to ask me questions below, but if you can google it yourself please use common sense)
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…
2.35 million down 5% super slow day interestingly though a shitload of call/put volume coming in all day looks like the whales are fighting their war of the delta hedge while we stare at the ticker. Very nice setup up coming in for Friday above $200 this week and we are gonna actually take off. So expect a protracted fight. Tomorrow could be interesting. Thank you all for tuning in.
Edit 4 2:17
Bullish bounce on 180 call volume flooding in but nothing on the stock today.
Edit 3 12:16
Looking like we are finally seeing some bullish movement with a little volume flowing in
Edit 2 10:24
$300k worth of ITM 200p came in to push the price down. but it looks like we are bouncing on 181.
Edit 1 9:45
Nice bullish bounce some other “meme” stocks are moving this morning usually a sign GME will move but usually it moves last. Nice bullish bounce into VWAP test.
Pre-Market Analysis
Could be heading into another pretty flat day or a possible climb on zero volume 190 has been holding really well as a low support there are about 150k shares currently available to borrow, normally this would be insignificant but with the volume around 10k, it could move the price more than we would like. Although, it does look a bit volatile this morning even with the low volume.
A little sideways yesterday after the bounce of the long-term trendline but still within range a little sideways and up would be an acceptable outcome for today to continue the trend. BBKC squeeze still looking ready to explode outward.
Cup & Handle on the 4hr
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.
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