Author | Source |
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u/gherkinit |
Happy Bastille Day to all the Cornichons !
and Good Morning SuperStonk!
I was fucking around with my crayons last night trying to sharpen my Magic MintTM. While try to jam it into the back of the box I noticed something while staring intently at ADX all of these things are like the other.
Historical ADX on GME’s 1D Timescale
Does this mean anything, IDK…But, I’ve been doing this stuff for a long time and I know patterns like to repeat themselves. Anyway it doesn’t take a lot to get my titz jacckked to the moon!
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…
After Hours
Holy shit that was a rough ride, finally got some blood pumping in my pickle after all these days down .xx - 2.00% I thought the shorts just didn’t care anymore. I guess their $31M in Puts today would say they do care quite a lot.
We didn’t close at 169.69 but I’ll take what I can get. I’ve never been more proud of you 💎🤚 Motherfuckers!!!
Edit 5 3:50
Bullish Reversal
Edit 4 3:47
The final short ? 25M in ITM puts bought today. Hodl.
Edit 3 11:49
ITM puts keep racking up they are trying very hard and spending lots of money to push the price down today upcoming FED meeting and overall market downtrend aren’t a huge help here either
Edit 2 10:48
Market’s on a downtrend looks like a red day but we had an ok bounce at 175 that pattern I found earlier on the ADX looks like we could have another down day or 2 before moving up.
Edit 1 9:45
Little opening dip in the first 15 volume looks better today though
Pre-Market Analysis
Significantly more volume this morning at 26k with 150k shares available to borrow. While we haven’t see a lot go on with the stock today there has been an all out whale war going on on the options chain this week as low IV has incentivized long whale to play leveraged positions, I expect this to really pick up today as we get buffeted about MM’s attempting to remain delta-neutral.
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