Create 2021-08-26-Live-Charting.md

This commit is contained in:
verymeticulous 2021-08-28 08:20:36 -04:00 committed by GitHub
parent 8c0d167e10
commit 0aa8009cf1
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23

View File

@ -0,0 +1,128 @@
Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21
==============================================================
| Author | Source |
| :-------------: |:-------------:|
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/pbyut4/jerkin_it_with_gherkinit_s7e5_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!
Another beautiful day of chart watching ahead of us. GME got hit with a pretty hard short to get it to close under 200 it drove right back up and stabilized there at market close. I expect a lot of yesterdays action was to get some of the gamma exposure off the market maker and longs taking advantage of the IV crush after the hard run. Most of the shorting that occurred happened on very low volume As call options poured in like crazy yesterday.
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/u9mr8nis6pj71.png?width=2459&format=png&auto=webp&s=2329b9d7ddb18f91d7ec0f3d5706905b532092b9)](https://preview.redd.it/u9mr8nis6pj71.png?width=2459&format=png&auto=webp&s=2329b9d7ddb18f91d7ec0f3d5706905b532092b9)
Updated and compensated for the flat day of consolidation
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
(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...
If I suspect forced liquidation is occurring, I will be stepping away from reddit and then the stream.
After Market
Closing out the day about a dollar down from my low estimate this morning. The volume is really throwing of the model 14m --> 10m --> 5m. Makes it hard to track but also shows a consolidation pattern. We may see a nice break out tomorrow but if shorts continue to be the only major purchasers of shares we won't see another large upside move until next mon/tue as they attempt to avoid what I can only describe as a big fucking gamma ramp. Thank you, see you tomorrow and have a good night.
- Gherkinit
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/b4yj24mcerj71.png?width=740&format=png&auto=webp&s=fa72b6121170f408f0cedefe2ab64cf0f274b357)](https://preview.redd.it/b4yj24mcerj71.png?width=740&format=png&auto=webp&s=fa72b6121170f408f0cedefe2ab64cf0f274b357)
Edit 10 2:57
Still waiting on volume after we broke down from 210 50k shares borrowed for that short attack maybe some run into the eod. Nice double bottom bounce opportunity.
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/3p310v7x1rj71.png?width=1396&format=png&auto=webp&s=5262313a77d0845d52c31eab2d200cb0d83f5b3a)](https://preview.redd.it/3p310v7x1rj71.png?width=1396&format=png&auto=webp&s=5262313a77d0845d52c31eab2d200cb0d83f5b3a)
Edit 9 2:12
Continuing uptrend possibly up to another 215 test volume is still low sub 5m.
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/l96xf23ztqj71.png?width=1576&format=png&auto=webp&s=1575d526f6fee0c2d5d8dabb3f4b48b42cea4660)](https://preview.redd.it/l96xf23ztqj71.png?width=1576&format=png&auto=webp&s=1575d526f6fee0c2d5d8dabb3f4b48b42cea4660)
Edit 8 1:17
Looking for a bounce on VWAP after the H&S breakdown
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/k0gkbfa8kqj71.png?width=1579&format=png&auto=webp&s=7889a6be0ce29872474b953743933c8ee8fca48f)](https://preview.redd.it/k0gkbfa8kqj71.png?width=1579&format=png&auto=webp&s=7889a6be0ce29872474b953743933c8ee8fca48f)
Edit 7 12:41
Sliding up into that gamma ramp off that bullflag breakout, I expect some resistance at 225 after this consolidates
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/dpdpabkxdqj71.png?width=1574&format=png&auto=webp&s=57179adf84d5dd55d456da682d4ed2c5409dfec3)](https://preview.redd.it/dpdpabkxdqj71.png?width=1574&format=png&auto=webp&s=57179adf84d5dd55d456da682d4ed2c5409dfec3)
Edit 6 12:20
Trend carried us to a nice trendline bounce and a retest at 210
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/g7g4ntl2aqj71.png?width=1397&format=png&auto=webp&s=a8bb5f930aaa92eef36d024fc591d23d8df91f7d)](https://preview.redd.it/g7g4ntl2aqj71.png?width=1397&format=png&auto=webp&s=a8bb5f930aaa92eef36d024fc591d23d8df91f7d)
Edit 5 11:27
Crossed VWAP if volume comes in I expect a test of 210. If not more chop
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/8isaopnn0qj71.png?width=1575&format=png&auto=webp&s=c5c111f9d379ee63e6e16f146a55d0268b47a559)](https://preview.redd.it/8isaopnn0qj71.png?width=1575&format=png&auto=webp&s=c5c111f9d379ee63e6e16f146a55d0268b47a559)
Edit 4 10:41
Low volume down trend. Two million volume so far.
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/qbldd6edspj71.png?width=1569&format=png&auto=webp&s=f67487e9c62d1efcd704eea68f9def18f7e9bde6)](https://preview.redd.it/qbldd6edspj71.png?width=1569&format=png&auto=webp&s=f67487e9c62d1efcd704eea68f9def18f7e9bde6)
Edit 3 10:14
Failed the bounce trending down if we get shorted right now there could be a nice dip
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/6qeot9mmnpj71.png?width=1573&format=png&auto=webp&s=1238f7711e54b645d152a951277228f4b11f8e1e)](https://preview.redd.it/6qeot9mmnpj71.png?width=1573&format=png&auto=webp&s=1238f7711e54b645d152a951277228f4b11f8e1e)
Edit 2 10:02
Tickling the start of that gamma ramp at 210 another test after the first fail on this VWAP bounce
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/w3s130kilpj71.png?width=1573&format=png&auto=webp&s=e80e17266c4fd2245e596bf66270f2ced23537c5)](https://preview.redd.it/w3s130kilpj71.png?width=1573&format=png&auto=webp&s=e80e17266c4fd2245e596bf66270f2ced23537c5)
Edit 1 9:45
Straight up into that gap fill a little consolidation and a nice bounce on VWAP
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/p6hlfh9fipj71.png?width=1566&format=png&auto=webp&s=7928ba7af72d8de2ffd6a7fcdc1dddc4ee7f121c)](https://preview.redd.it/p6hlfh9fipj71.png?width=1566&format=png&auto=webp&s=7928ba7af72d8de2ffd6a7fcdc1dddc4ee7f121c)
Pre-Market Analysis
Not a lot of change to the technical indicators since yesterday morning as the price has remained about the same pre-market volume is still decent 31k so far with 50k shares borrowed and 100k available. Started to run at PM open hitting 203 before stabilizing around 200. Today should have more upside potential since so many calls were purchased during sideways trading yesterday. I think we have a potential gap fill from 205-210 depending on how we break at open. As always if media sentiment is neutral expect an opening short.
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/62fn5n868pj71.png?width=1567&format=png&auto=webp&s=a119f41c300bfb121eb3e70f25b18d7a4036113e)](https://preview.redd.it/62fn5n868pj71.png?width=1567&format=png&auto=webp&s=a119f41c300bfb121eb3e70f25b18d7a4036113e)
Pre-Market 1m
Yesterdays largest contract movers
[![r/Superstonk - Jerkin it with Gherkinit S7E5 Live Charting and TA for 8/26/21](https://preview.redd.it/bdwo0zhh8pj71.png?width=399&format=png&auto=webp&s=4796d050ca8cf40d93ac7b7601c1c1c8738364a4)](https://preview.redd.it/bdwo0zhh8pj71.png?width=399&format=png&auto=webp&s=4796d050ca8cf40d93ac7b7601c1c1c8738364a4)
Shitloads of 2DTE options bought
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/)