Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21
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| Author       | Source       | 
| :-------------: |:-------------:|
|  [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ptuen9/jerkin_it_with_gherkinit_s8e11_live_charting_and/) | 

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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 Apes!

After yesterday's little FED performance, and China's quick maneuvering to prop up their markets despite Evergrande's looming failure it looks like things are back on track to be bullish as hell. Hang Seng, Shanghai, and Shenzhen all closing decently up, the spy moving up in pre-market, hell even our favorite boy GME is up this morning in pre-market. The rug pull on the markets is likely coming but probably not today. GME still managing to stay above the long-term trend and is set up nicely for a bounce today, especially with the market turning around, we may be able to gain some ground back to $200-205.

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/jjgfak4mx8p71.png?width=1988&format=png&auto=webp&s=458edca2ee0913c2c56a69a2bc439979cae26c90)](https://preview.redd.it/jjgfak4mx8p71.png?width=1988&format=png&auto=webp&s=458edca2ee0913c2c56a69a2bc439979cae26c90)

Possible bounce into EOW 1D timescale

For a better idea of my current [Futures cycle thesis check out this video.](https://youtu.be/F68fQLHn0Zo)

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)

[Exit DD](https://www.reddit.com/r/Superstonk/comments/nogxnr/infinity_war_the_final_exit_dd_compilation/) for those that want an idea of what to expect when this all goes down

(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 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 185, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (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

Pretty sideways day as expected and we trade under and near max-pain. More than half of today's 1.66m volume traded before 11:30am so our shot at pushing through 195 was defeated around then. The possible default by Evergrande could have an effect on the market's tonight, depending on how that shakes out tomorrow's action could be a dip or more sideways to close out the week. Thank you all for tuning in and I'll see you in the morning.

- Gherkinit

Edit 9 3:09

Bounced off 191.80 to ...192.80

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/wxmesa3pxap71.png?width=1576&format=png&auto=webp&s=4c516a8d47d989718c2941c4b2cb9afa7c239462)](https://preview.redd.it/wxmesa3pxap71.png?width=1576&format=png&auto=webp&s=4c516a8d47d989718c2941c4b2cb9afa7c239462)

Edit 8 1:24

The volume is gone the only shorting going on is to prevent us from tracking the SPY literally every other stock is running today.

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/tgix13n2fap71.png?width=1581&format=png&auto=webp&s=b26b48062ff8b036c82eae925def135b3c85a191)](https://preview.redd.it/tgix13n2fap71.png?width=1581&format=png&auto=webp&s=b26b48062ff8b036c82eae925def135b3c85a191)

Edit 7 12:38

They are intermittently shorting but there is basically no other volume we have been under @ 800k for over an hour

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/fb9tp61r5ap71.png?width=1576&format=png&auto=webp&s=6eff0fa714fb88f32e49dec5b97165c275cb2f29)](https://preview.redd.it/fb9tp61r5ap71.png?width=1576&format=png&auto=webp&s=6eff0fa714fb88f32e49dec5b97165c275cb2f29)

Edit 6 11:31

Short attack pushing us off the resistance, don't forget 195 is max pain

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/t7wz8g30v9p71.png?width=1573&format=png&auto=webp&s=81a5c4ce45b99e231310bd42f607138ca1c57751)](https://preview.redd.it/t7wz8g30v9p71.png?width=1573&format=png&auto=webp&s=81a5c4ce45b99e231310bd42f607138ca1c57751)

Edit 5 11:08

I can do this all day

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/k38zzc7yq9p71.png?width=1563&format=png&auto=webp&s=fc66009d6b7c4056faaff0aa18b0d4f8f7021965)](https://preview.redd.it/k38zzc7yq9p71.png?width=1563&format=png&auto=webp&s=fc66009d6b7c4056faaff0aa18b0d4f8f7021965)

Edit 4 10:58

Another test of 195

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/3uy1vuwwo9p71.png?width=1574&format=png&auto=webp&s=9afd4170349f43499383b9488c4ff78ac8da5ede)](https://preview.redd.it/3uy1vuwwo9p71.png?width=1574&format=png&auto=webp&s=9afd4170349f43499383b9488c4ff78ac8da5ede)

Edit 3 10:48

I heard you like triangles dawg...So we put triangles in your triangles

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/7exd1mpbn9p71.png?width=1570&format=png&auto=webp&s=2e6c529d3022fff1a5a07e480ceac80900ae6fd8)](https://preview.redd.it/7exd1mpbn9p71.png?width=1570&format=png&auto=webp&s=2e6c529d3022fff1a5a07e480ceac80900ae6fd8)

Edit 2 10:23

Nice break to the upside from this descending wedge, another test at 195, if we break it we could see some movement back towards 200.

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/l56gl1pni9p71.png?width=1582&format=png&auto=webp&s=4e52d0959fb06009423a165cd0659e6b06c0d75d)](https://preview.redd.it/l56gl1pni9p71.png?width=1582&format=png&auto=webp&s=4e52d0959fb06009423a165cd0659e6b06c0d75d)

Update on T+69*: we need at least 3.5M volume today to avoid FTDs tomorrow. Need 15M volume to avoid FTDs on Monday.

Edit 1 9:54

Nice bounce at open and then rejected at 195, based on the lack of volume it looks like we are gonna slump back down a bit. probably bounce on the EMA60

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/sjazbxejd9p71.png?width=1570&format=png&auto=webp&s=f0d9cf7bb5fd34d8b802587bcb76046770eec45b)](https://preview.redd.it/sjazbxejd9p71.png?width=1570&format=png&auto=webp&s=f0d9cf7bb5fd34d8b802587bcb76046770eec45b)

Pre-Market Analysis

8k volume in the pre-market could easily mean another 2m total volume day is in the works. 55k shares at IBKR and 773k from Fidelity. Plenty of shares to borrow with max pain currently at $195 I expect a small bounce up but just enough to track that long-term trend. Support at 190 held strong yesterday, seeing several bounces but we could see another dip to the 185 range if enough pressure is applied especially around midday when volume dies off.

[![r/Superstonk - Jerkin' it with Gherkinit S8E11 Live Charting and TA for 9/23/21](https://preview.redd.it/bo3fnduy09p71.png?width=1587&format=png&auto=webp&s=ea979d4ea0b00e4fb5cf836f1141c7a15b998700)](https://preview.redd.it/bo3fnduy09p71.png?width=1587&format=png&auto=webp&s=ea979d4ea0b00e4fb5cf836f1141c7a15b998700)

GME pre-market 1m

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. If are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500. :)*

**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/)
