Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21
================================================================

| Author      | Source | 
|  :----:     |    :----:   |        
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/p2yq6m/jerkin_it_with_gherkinit_s6_e7_live_charting_and/) |

---


[Discussion 🦍](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&restrict_sr=1)

Good Morning Apes!

I wanna say thank you all so much for the support and compliments on the latest collaboration I did with Tradespotting. It was really fun I never get to talk to people in real life that way about GME and so I definitely had a blast.

If you guys haven't had a chance to [check it out here is a link](https://www.youtube.com/watch?v=kT-8XqqQcug)*.

Today looks promising if we can hold above that 162.5 trendline and confirm that bounce I will expect the next run up to begin. As we know every run-up could be our last. With bid/ask spread peaking at $24 yesterday I am still convinced of that violent upside potential.

If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/p0koqe/jerkin_it_with_gherkinit_forward_looking_ta_for/)

Join us in the Daily Livestream <https://www.youtube.com/c/PickleFinancial>

Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)

also [Whale Teeth for MOASS](https://www.reddit.com/r/Superstonk/comments/p1ft0f/moass_hype_video/?utm_source=share&utm_medium=web2x&context=3) if you haven't seen it you should.

(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, 172.5, 174, 176.5, 180.5, 182.5, 185, 187.5, 190, 192.5, 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

Nice to have an actual green day looking very good on this continued uptrend since the bounce last week. A little more volume coming in today but the bid/ask is still wide and the stock remains illiquid. We are on a decent trajectory to end this week above max pain. Thank you all for tuning in and I'll see you tomorrow morning.

- Gherkinit

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/b9c768logzg71.png?width=565&format=png&auto=webp&s=875b10652146c997a02873769110aca85e03568d)](https://preview.redd.it/b9c768logzg71.png?width=565&format=png&auto=webp&s=875b10652146c997a02873769110aca85e03568d)

Edit 6 2:13

GME broke through that 162.50 resistance looks like some consolidation and then more up

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/mtscq0jhxyg71.png?width=1779&format=png&auto=webp&s=7c9cd7c9b3dc65c98ec57046563d31f0a6fa3e11)](https://preview.redd.it/mtscq0jhxyg71.png?width=1779&format=png&auto=webp&s=7c9cd7c9b3dc65c98ec57046563d31f0a6fa3e11)

Edit 5 1:52

Descending wedge breakout testing 162 again

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/xpc36mnrtyg71.png?width=1756&format=png&auto=webp&s=e50687a76ed9a344509401493e56a83e7a2f6ba3)](https://preview.redd.it/xpc36mnrtyg71.png?width=1756&format=png&auto=webp&s=e50687a76ed9a344509401493e56a83e7a2f6ba3)

Edit 4 1:00

Failed another test of 162 looks like we are bouncing off VWAP the trend is good but the volume is still garbage

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/xcnhxdywjyg71.png?width=1770&format=png&auto=webp&s=1beea2ac9a39c6ccf1a4065d9293dedb0c3a62a2)](https://preview.redd.it/xcnhxdywjyg71.png?width=1770&format=png&auto=webp&s=1beea2ac9a39c6ccf1a4065d9293dedb0c3a62a2)

Edit 3 11:00

Double bottom? maybe initial bounce failed on low volume I suspect this will too

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/sexak58uyxg71.png?width=1776&format=png&auto=webp&s=79253860eddf0059b8e4ec76399f659a496cf397)](https://preview.redd.it/sexak58uyxg71.png?width=1776&format=png&auto=webp&s=79253860eddf0059b8e4ec76399f659a496cf397)

Edit 2 10:42

Dropped off a really misshapen head and shoulders let see if we can get a confirmed bounce off 158 here to retest that 162 resistance

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/kgy9pz4tvxg71.png?width=1772&format=png&auto=webp&s=7c29087ca9cb7593e776a161145344fe3325046f)](https://preview.redd.it/kgy9pz4tvxg71.png?width=1772&format=png&auto=webp&s=7c29087ca9cb7593e776a161145344fe3325046f)

Edit 1 9:45

Nice opening bullflag looks like we might bounce on VWAP but that initial volume died off pretty quickly

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/4csh51hflxg71.png?width=1769&format=png&auto=webp&s=49d406575e4c068c96ef88acefeff34e50115f58)](https://preview.redd.it/4csh51hflxg71.png?width=1769&format=png&auto=webp&s=49d406575e4c068c96ef88acefeff34e50115f58)

Pre-Market Analysis

Holy shit pre-market volume at the time of writing this (8:10) is sub 2k shares traded. If this keeps we might be in for a sub 750k volume day. 200k shares left to borrow. Even with all that we are up about .61% in pre-market already having tested 162.

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/rhk2b2375xg71.png?width=1757&format=png&auto=webp&s=40c3eea4208a7aef4bc4f6a79f768c50ef8dee8d)](https://preview.redd.it/rhk2b2375xg71.png?width=1757&format=png&auto=webp&s=40c3eea4208a7aef4bc4f6a79f768c50ef8dee8d)

MACD is holding the crossover so far and looking like we are moving into higher volume and volatility

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/p0f62juk5xg71.png?width=1761&format=png&auto=webp&s=bfef300b61f24123d43da733d34dfc7cba550eb5)](https://preview.redd.it/p0f62juk5xg71.png?width=1761&format=png&auto=webp&s=bfef300b61f24123d43da733d34dfc7cba550eb5)

Lastly TTM Squeeze is showing 6 fire signals and BB KC is ready to explode.

[![r/Superstonk - Jerkin' it with Gherkinit S6 E7 Live Charting and TA for 8/12/21](https://preview.redd.it/hs9wbgxw5xg71.png?width=1451&format=png&auto=webp&s=ccd7e5fbcd42cc3d7a3ccbd7d18ca4d08ab8ac87)](https://preview.redd.it/hs9wbgxw5xg71.png?width=1451&format=png&auto=webp&s=ccd7e5fbcd42cc3d7a3ccbd7d18ca4d08ab8ac87)

This weeks expected price action overlaid on BBKC squeeze 1D timescale

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*](https://suicidepreventionlifeline.org/)
