Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21
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| Author       | Source       | 
| :-------------: |:-------------:|
|  [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nf9f2v/jerkin_it_with_gherkinit_s1_e8_the_ascent_sus/) | 

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

Good Morning Superstonk!

Pickle dude here for another exciting day of live charting, streaming etc.

This morning I have a couple things to actually cover in the intro.

If our price action continues to improve throughout today and crosses the $200 resistance. I will begin considering that GME has entered Stage A of My predictions for MOASS.

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/zlkuydvravz61.png?width=1218&format=png&auto=webp&s=9ed502e6089d906bc997a2aa94705e3669359de6)](https://preview.redd.it/zlkuydvravz61.png?width=1218&format=png&auto=webp&s=9ed502e6089d906bc997a2aa94705e3669359de6)

3 Stages of MOASS

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/idxsnliuavz61.png?width=1225&format=png&auto=webp&s=c203ab7dbf53416516e588d57fe0fd64f9d00c73)](https://preview.redd.it/idxsnliuavz61.png?width=1225&format=png&auto=webp&s=c203ab7dbf53416516e588d57fe0fd64f9d00c73)

From my Exit DD

You can find out more about my [Exit DD Here](https://www.reddit.com/r/Superstonk/comments/n3izjq/another_technical_coloring_book_and_a_note_on/).

Secondly something I stumbled upon looking into Glacier Capitol. I was immediately suspect when an apartment in Luxembourg was considered verification that they didn't exist (there are lots of 1-2 man/woman hedge funds usually working under a larger fund, like in The Big Short) So I did a little digging and aside from several LLC's being registered under that name in London, Arkansas, and Pennsylvania. I found these 2 things that seemed interesting. As the seemed relevant to the discussion at hand. I'll leave further digging up to the people on this sub that do that best.

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/4c5cju94cvz61.png?width=1304&format=png&auto=webp&s=8dcd677885218a00d07b803cf04307016ac90841)](https://preview.redd.it/4c5cju94cvz61.png?width=1304&format=png&auto=webp&s=8dcd677885218a00d07b803cf04307016ac90841)

Interesting that they were Registered 14 days before the action on Jan.28 https://lu.lei.report/LEI/984500BB91F55397AC42

I also stumbled on this looking into the US LLC's. Seems like a similarly named LLC bought an Insurance Company with our good buddies over at Susquehanna...

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/yf6f0epucvz61.png?width=1024&format=png&auto=webp&s=6df3576bdfe00e1e52d342a938b701873f00c89c)](https://preview.redd.it/yf6f0epucvz61.png?width=1024&format=png&auto=webp&s=6df3576bdfe00e1e52d342a938b701873f00c89c)

https://www.insurance.pa.gov/Companies/IndustryActivity/BCBS%20Surplus/ID-RC-18-04.pdf

If that's any help to those digging for stuff on this I hope it helps. Maybe look into the panama stuff? Lastly on this subject, never be so dismissive of these things in the world of finance Luxembourg has off-shore money and laundering written all over it. Follow the money.

I think this warning remains valid this week so I will reiterate it *

*As price action picks up today, I may walk away from the reddit post while managing positions, if this is the case you can find me on the stream and discord for a while longer at the links below.*

If you want to watch along with the daily livestream <https://www.youtube.com/c/PickleFinancial>

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

(save these links in case reddit goes down)

Historical Resistance/Support:

116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157, 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, 226, 230, 234, 243, 250, 253, 256

*This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.*

After Market Wrap

Exciting day for us to close up only 0.12%, But up is better than down. Expect to read excellent articles tonight as "Gamestop underperforms compared to other meme stocks" "10 reasons GME isn't for long-term investors" etc...you all know what to expect at this point. Thank you all again fo the support and awesome time we have here and over on the stream. See you tomorrow!

- Gherkinit

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/449n6fmeqxz61.png?width=721&format=png&auto=webp&s=43ac5631e26ab15ecc5bf82cacd62d0830171506)](https://preview.redd.it/449n6fmeqxz61.png?width=721&format=png&auto=webp&s=43ac5631e26ab15ecc5bf82cacd62d0830171506)

Edit 13 3:52

Looks like a close between 182.5 and 185

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/92984lbmoxz61.png?width=918&format=png&auto=webp&s=ee3ddec03d308362aada4cce570fba0507e471b6)](https://preview.redd.it/92984lbmoxz61.png?width=918&format=png&auto=webp&s=ee3ddec03d308362aada4cce570fba0507e471b6)

Edit 12 3:31

Still sitting between 185-189 I hope we get a last 15 min breakout to actually test 190

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/g71eifuvkxz61.png?width=1141&format=png&auto=webp&s=646c8f1d452b2ff7843231d9cb8c60245f09c01b)](https://preview.redd.it/g71eifuvkxz61.png?width=1141&format=png&auto=webp&s=646c8f1d452b2ff7843231d9cb8c60245f09c01b)

Edit 11 2:39

headed back down I think we'll turn around at by that green lower line around 182.5

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/1moqmj5mbxz61.png?width=878&format=png&auto=webp&s=bd28521a8dc7c30de2ab4d2df4ca7b5794306221)](https://preview.redd.it/1moqmj5mbxz61.png?width=878&format=png&auto=webp&s=bd28521a8dc7c30de2ab4d2df4ca7b5794306221)

Edit 10 2:19

Who wants to cross 190?

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/fhfsdc008xz61.png?width=1056&format=png&auto=webp&s=07a6f27de31008da09ba034803906d944fe26821)](https://preview.redd.it/fhfsdc008xz61.png?width=1056&format=png&auto=webp&s=07a6f27de31008da09ba034803906d944fe26821)

Edit 9 2:04

Failed the 185 test but It looks like we are gonna test again after some consolidation.

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/rqa9t3bh5xz61.png?width=806&format=png&auto=webp&s=44ed3afe827ebb80cc88dbc1270bb1f37f1f8ec3)](https://preview.redd.it/rqa9t3bh5xz61.png?width=806&format=png&auto=webp&s=44ed3afe827ebb80cc88dbc1270bb1f37f1f8ec3)

Edit 8 1:42

Woo!!!! and still looks bullish but be warned volume is still low

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/eylo248i1xz61.png?width=1001&format=png&auto=webp&s=2a1ecd1092605fbca5433aa85191ea0c1f0ed2bb)](https://preview.redd.it/eylo248i1xz61.png?width=1001&format=png&auto=webp&s=2a1ecd1092605fbca5433aa85191ea0c1f0ed2bb)

Edit 7 1:09

Well the bulls tried...Trending back up again.

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/78xg6vomvwz61.png?width=914&format=png&auto=webp&s=32695bec102cd9a5ad06e66802e61e8cc2a62cb5)](https://preview.redd.it/78xg6vomvwz61.png?width=914&format=png&auto=webp&s=32695bec102cd9a5ad06e66802e61e8cc2a62cb5)

Edit 6 12:35

Chop on resistance bulls can use this opportunity to dump volume for a breakthrough as there is less time to respond on short side due to the price being so close.

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/4pbzy8ogpwz61.png?width=981&format=png&auto=webp&s=a9c731a526536f3481d01aba71a743b318e7c616)](https://preview.redd.it/4pbzy8ogpwz61.png?width=981&format=png&auto=webp&s=a9c731a526536f3481d01aba71a743b318e7c616)

Edit 5:11:29

Looks like a triple top if we fail we could have a small dip maybe back to 175. If volume picks up look for a break above 182.5 in order to move higher

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/2wtzcljsdwz61.png?width=794&format=png&auto=webp&s=e2aff5658751ae9b00b8a301d6dd0d5fe3f424e9)](https://preview.redd.it/2wtzcljsdwz61.png?width=794&format=png&auto=webp&s=e2aff5658751ae9b00b8a301d6dd0d5fe3f424e9)

Edit 4 11:16

Where is the mayo

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/3z7efh4gbwz61.png?width=1063&format=png&auto=webp&s=b51ffa1fc3a4f2e303ec2af548a349420f2ce5c8)](https://preview.redd.it/3z7efh4gbwz61.png?width=1063&format=png&auto=webp&s=b51ffa1fc3a4f2e303ec2af548a349420f2ce5c8)

Edit 3 10:26

Reverse H&S markets heading back up

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/pzyjcnll2wz61.png?width=1129&format=png&auto=webp&s=45183beaf2690b3b87d5e9b62e5e9b8864c7c407)](https://preview.redd.it/pzyjcnll2wz61.png?width=1129&format=png&auto=webp&s=45183beaf2690b3b87d5e9b62e5e9b8864c7c407)

Edit 2 10:00

Hard rejection at VWAP this could be the dip ...keep an eye for a low of 165

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/22sqx9r6yvz61.png?width=1219&format=png&auto=webp&s=0a532cbe2543b873dd0cb00c50139e794c2e4adc)](https://preview.redd.it/22sqx9r6yvz61.png?width=1219&format=png&auto=webp&s=0a532cbe2543b873dd0cb00c50139e794c2e4adc)

Edit 1 9:50

Dropped below VWAP testing the 170 Resistance 125k shares borrowed right before open. Sitting near 1* million volume...

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/o6fmqtv6wvz61.png?width=1310&format=png&auto=webp&s=47c52d492cfee46cd72a4d9901ae4ab6e0b71802)](https://preview.redd.it/o6fmqtv6wvz61.png?width=1310&format=png&auto=webp&s=47c52d492cfee46cd72a4d9901ae4ab6e0b71802)

Pre-Market Analysis

Looks like there were a few gap ups in the pre-market, all filled. Most likely bull side as they try to keep the price from dipping below 180 resistance. This looks like they hope to try to push through in the pre-market or at open . so 9:00-9:45

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/p2ujp712evz61.png?width=1173&format=png&auto=webp&s=21c23aeaf64648661be7af438fe6174c1cecc714)](https://preview.redd.it/p2ujp712evz61.png?width=1173&format=png&auto=webp&s=21c23aeaf64648661be7af438fe6174c1cecc714)

After/Pre-Market 1M timescale

MACD crossed over as predicted yesterday on the Daily I can see us getting at least a few more days of price improvement in our future at least 4 based on previous patterns as we pick up volume and volatility

[![r/Superstonk - Jerkin it with Gherkinit S1 E8 The Ascent, Sus Hedgies and Live Charting for 5/18/21](https://preview.redd.it/ecxwaixrevz61.png?width=1255&format=png&auto=webp&s=8ba5be1b0bc577869a4f5d978f7e01042b706f66)](https://preview.redd.it/ecxwaixrevz61.png?width=1255&format=png&auto=webp&s=8ba5be1b0bc577869a4f5d978f7e01042b706f66)

MACD 1D timescale

BBKC still looking great. TTM Squeeze now at 13 signals

No relevant arbitrage occurring on CV VWAP currently.

**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/)
