| Author | Source |
|---|---|
| u/gherkinit |
Good Morning Superstonk,
First thing I want to make perfectly clear, I am in no way involved with any sort of ape meet-up event while I love all you fucking degenerates, I’m here to get rich and fuk hedgies. I leave that kind of bullshit for the popcorn jockey’s. Now where are my crayons?
After all the fuckery we need to close this week with a nice W on the scoreboard for Apes. It looks like we had a great bounce of that low at $151 in yesterday’s pre-market currently up $21. I expect this uptrend to continue into next week but with the current Gamma Ramp set-up we may see some bullish action today.
If you guys haven’t had a chance to Check out this weeks forward looking TA
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(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-Market
A very non epic close maybe I’ve been staring at charts to long and the lack of sleep is getting to me. Anyway closed about 4 bucks above max pain I will say that was a hell of a struggle this week to bring the close from Monday down $20 and it only cost a little over a billion dollars. Nice try Kenny ;).
Edit 6 3:39
Some uh distribution going on today … probable close at 166-168. Unless something goes down in the last 10 minutes to force a halt. The Wycoff accumulation and then distribution today indicate even more fuckery than the $1B in put they have used to short the stock this week
Edit 5 1:49
Volume dried right up for lunch time sideways chop before the next test. The bull is spent from all the mayo getting milked out of it. He should rally soon.
Edit 4 12:41
Rejected at 180 volume dropped off we had a nice bounce on VWAP hopefully coming in hot for a second test
Edit 3 11:41
Nice breakout rip to the upside we are now well within a very nice gamma ramp up to 200
Edit 2 10:31
Doing a rip off bullish reversal Call side parity starting to win out as SHFs run out of open contracts to buy up…
Edit 1 9:49
400k ITM puts purchased at opening bell. SPY also came down a bit. Lets see if we get a bounce off VWAP into a test of 180.
Pre-Market Analysis
Seem to have continued that ascending channel from yesterday through pre-market volume currently at about 30k but it should pick up towards open. 115k shares borrowed so we may see a small dip if we have a low volume open. However, If volume picks up we are well on the way to an opening test of 180.
ADX is no trending up from the dip and DI has shifted to + so we are definitely at the beginning of a strong uptrend
BBKC Broke out if we see significant upwards action today we could return to the technical trends we were looking at coming into this week
Options information this week with so far. Also significant put volume on every GME carrying ETF to the tune of about $0.6B.
We touched the first signal line on CV_VWAP yesterday due to a pretty hot European open. I will continue to monitor this for larger signals of arbitrage.
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