| Author | Source |
|---|---|
| u/gherkinit |
Good Morning You Diamond Fisted F*cks !
Well congrats on not being a paper-handed bitch and welcome to another day of smashing the blunt end of your crayon into charts.
We got absolutely smashed down yesterday arguably some of the most concentrated effort I have ever seen to drive the price of a stock down.
Now we can bounce…
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…
A nice bounce from our after hours low of $151 closing the day solidly up $16 dollars even though MSM will only note the -.024%. Thank you all for tuning in. I will see you bright and early tomorrow for more gains.
-Gherkinit
Another $50 million…
Edit 8 2:40
Broke through resistance. Upgraded rocket for more thrust = bullish
Edit 7 2:16
Nice trend reversal looking to the test at 162.5 this is a good signal moving towards power hour
Edit 6 1:20
Break up from this intraday descending wedge?
Edit 5 11:49
Head and shoulders fell off expect a drop to ~161. Volume drying up as well.
Edit 4 11:39
Fell down below VWAP on that sloppy head and shoulders but looks like we are bounce back before bottoming out
Edit 3 11:13
Nice double bottom bounce into an ascending channel hopefully this will see us another test @ $170
Edit 2 10:28
Still buying itm puts $2m worth in the last 28 minutes. But they are running out of open contracts…lol. As soon as the pressure let’s up we go REEEE again.
Edit 1 9:46
Straight up consolidation at 170 almost 1m volume
Pre-Market Analysis
Sitting around 70k volume with 150k shares to borrow. Our pre-market volume is actually pretty high so far . I expect 157 to be a strong support yet again. Between GME’s and ETF option chains, it looks like they have dropped near $0.5B on tanking the price this week. Expect more fuckery today.
Another thing to not, due to the big price drop yesterday and massive European market volume this morning we are seeing a spike in CV_VWAP. I will monitor this for a jump to the signal line.
The rest of the technical indicators have broken down currently due to adverse market conditions, If we bounce and return to the expected price movement I will let you guys know.
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