Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21
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| Author       | Source       | 
| :-------------: |:-------------:|
|  [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/og6be3/jerkin_it_with_gherkinit_s4_e5_live_charting_for/) | 

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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)

Goood Morning Superstonk!

So unfortunately today I will have a power outage from around 10am - 2pm EDT (UTC-4) this is an estimate it may take a bit longer. I will be back and continue posting as soon as the power is back on I just wanted to let you guys know about the interruption. I may have the discord live audio going during that time if I can facilitate that.

If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/oe8h49/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)

(save these links in case reddit goes down)

*(this post will read from top to bottom)*

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

Well we ended slightly up un the day but that movement was robbed about 15 seconds into after-market trading either way a green close is a green close. Sorry there wasn't a lot to say today after we tested 190 the fifth time we were pretty flat. Looks like some gamma from puts is dragging us down along with the overall market. Thank you all again for the support I'll see you bright and early tomorrow.

- Gherkinit

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/mwfy3iu4p1a71.png?width=710&format=png&auto=webp&s=278750d5d1cf30a7907496a4d64a9256b5f14bde)](https://preview.redd.it/mwfy3iu4p1a71.png?width=710&format=png&auto=webp&s=278750d5d1cf30a7907496a4d64a9256b5f14bde)

Edit 6 1:53

So flat...

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/15gz4e7021a71.png?width=1616&format=png&auto=webp&s=836c45cb5c83f42a785a3065ba2c864fb4a8cc20)](https://preview.redd.it/15gz4e7021a71.png?width=1616&format=png&auto=webp&s=836c45cb5c83f42a785a3065ba2c864fb4a8cc20)

Edit 5 12:29

Nice bullflag popped us through 190 but buy pressure slacked off so instead of a another breakout we are just in an ascending channel. Looks bullish going into the afternoon however.

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/lkm6pdfym0a71.png?width=1622&format=png&auto=webp&s=13f86a2069fcd7b4454154103660e0b822745607)](https://preview.redd.it/lkm6pdfym0a71.png?width=1622&format=png&auto=webp&s=13f86a2069fcd7b4454154103660e0b822745607)

Edit 4 11:13

Good opportunity to break through 190 right now

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/1i06vche90a71.png?width=1612&format=png&auto=webp&s=a62b960b723977deeb912a6ac7c2be475c8e7af7)](https://preview.redd.it/1i06vche90a71.png?width=1612&format=png&auto=webp&s=a62b960b723977deeb912a6ac7c2be475c8e7af7)

Edit 3 10:52

Sideways under VWAP this is a good opportunity if bull side wants to break resistance. SPY chopping but still in a downtrend.

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/3mv084cn50a71.png?width=1616&format=png&auto=webp&s=c7df4af381e2531e6cfdb4fb1ad8cfa2a96741d3)](https://preview.redd.it/3mv084cn50a71.png?width=1616&format=png&auto=webp&s=c7df4af381e2531e6cfdb4fb1ad8cfa2a96741d3)

Edit 2 10:24

SPY dropping some more gme holding above VWAP after failed test of 190

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/ci7kre6m00a71.png?width=1626&format=png&auto=webp&s=9ce0c4baa880938082e2520f8d7d5f5a52516d1b)](https://preview.redd.it/ci7kre6m00a71.png?width=1626&format=png&auto=webp&s=9ce0c4baa880938082e2520f8d7d5f5a52516d1b)

Edit 1 9:51

I love watching apes hodl. GME holding really strong against outward market pressure

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/00a6t6iquz971.png?width=1624&format=png&auto=webp&s=3aa9f6eeb0a44f59fc1f3cbc16c1ba6aeb8dd760)](https://preview.redd.it/00a6t6iquz971.png?width=1624&format=png&auto=webp&s=3aa9f6eeb0a44f59fc1f3cbc16c1ba6aeb8dd760)

Pre-Market

400k shares were borrowed this morning at pre-market open so far 200k have been returned. We had a big gap down but pre-market volume is at the highest for this week (45k) we could see a bounce this morning but with the massive drop on the market it could be a red day. The market coming down like this is beneficial short term to the short positions as it drives interest elsewhere and it is easy to drop the price on low volume. Remember when fuckery is afoot hodl and enjoy the sale.

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/hz2r0huigz971.png?width=1613&format=png&auto=webp&s=c72a1ad7600ef808345738e12c4154c1ad611c3d)](https://preview.redd.it/hz2r0huigz971.png?width=1613&format=png&auto=webp&s=c72a1ad7600ef808345738e12c4154c1ad611c3d)

GME pre-market

The SPY is down 133 basis points in the pre-market today this is some not insignificant movement towards those corrections zones we discussed in the weekly. However this could bounce back quickly.

[![r/Superstonk - Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21](https://preview.redd.it/zy88lqmwgz971.png?width=1617&format=png&auto=webp&s=79673eb2f5df159730ad7e1348224a1c2b0902a3)](https://preview.redd.it/zy88lqmwgz971.png?width=1617&format=png&auto=webp&s=79673eb2f5df159730ad7e1348224a1c2b0902a3)

SPY pre-market

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/)
