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Create 2021-04-16-Live-Charting.md
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Live-Charting-Archives/2021-04-16-Live-Charting.md
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Live Charting for 4/16/2021, predicting the day's price action in detail with Warden. The great exercise!
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=========================================================================================================
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**Author: [u/WardenElite](https://www.reddit.com/user/WardenElite/)**
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[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
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This is not financial nor investment advice. These are ideas and opinions for information purposes only.
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*This post will read bottom to top. It's easier for people to refresh the page and see edits at the top*
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Historical supports and resistances:
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116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 156.5, 158.5, 162.5, 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.
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Edit 13 4:00PM:
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Ending around 154.49, down 1.25%. Overall the 2nd lowest volume day since Jan.
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Have a great weekend everyone!
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Edit 12 3:29PM:
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We're on track for being the lowest volume day (less than 4.7 million) since before the Jan spike.
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Edit 11 2:43PM:
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2 hours of low volume lmao. ZZzzzzz. Hopefully we actually get some "power" during power hour.
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Power hour: <https://www.youtube.com/watch?v=F6XoLaWv-Js&ab_channel=WardenElite>
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Edit 10 11:55AM:
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Price is staying above the resistance for the wedge.
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[](https://preview.redd.it/8y73t0na5kt61.png?width=2150&format=png&auto=webp&s=04c962b0eb6669b2d8b237452590578c7122a852)
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Edit 9 11:50AM:
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----------->
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Perhaps midday and power hour, we'll see the fireworks.
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Edit 8 11:19AM:
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Head and shoulders.
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[](https://preview.redd.it/c3jo87mtyjt61.png?width=2144&format=png&auto=webp&s=944ae7271d498be8ab8f4f3e9aa66c36e19732a8)
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Edit 7 11:05AM:
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New resistance added at 158.5.
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Edit 6 10:47AM:
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Moving up on low volume. Nothing significant happening yet.
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Edit 5 10:26AM:
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Nothing really happening so far. A couple 160 and 200 strike Calls sold. Probably sold to close or covered calls.
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[](https://preview.redd.it/px4bu3kepjt61.png?width=2487&format=png&auto=webp&s=cc8712f6144c0b52dc6377befa263ceffe7f0363)
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Edit 4 9:51AM:
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Bit of a wedge forming.
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[](https://preview.redd.it/mkck1yz3jjt61.png?width=2144&format=png&auto=webp&s=ca2a502082b3bdf07b1b5a46132ba41a1a033ce8)
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Edit 3 9:38AM:
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Stream: <https://www.youtube.com/watch?v=TBaCp_5NNXw&ab_channel=WardenElite>
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Edit 2 9:37AM:
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Bouncing between the 152.5 and 157 channel.
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[](https://preview.redd.it/nghqwkjogjt61.png?width=2131&format=png&auto=webp&s=7512ba6f2d50a2fbbe759b09fa006ca2be1e50eb)
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Edit 1 9:31AM:
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First minute candle 192k volume. Pretty low. Perhaps a quiet market open followed by a bang later in the day.
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Begin Reading Here
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Gooooooood morning my fellow apes!
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Well the day has finally come. The great exercise day. By exercise, I mean stand up in your room and stretch your arms. Do some jumping jacks and prepare for whatever the heck GME has in store for us today.
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[](https://preview.redd.it/lsmav2yrdjt61.png?width=400&format=png&auto=webp&s=e20691500e537edf4c51a10d046a915d1b679a06)
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We saw a bit of a pullback on Thursday, and I'm expecting Friday to be a continuation of Wednesday's mad rally. Seems DFV has been on a bit of a tweeting spree recently. Maybe he knows something is up? Getting a bit pumped for what will happen very soon? Who knows. All I know that he knows, is that he really likes the stock. So do I.
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Premarket Analysis
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Shorts really do love hammering it in the premarket. Broader market gapping up in the premarket but GME hammered down.
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[](https://preview.redd.it/8xthzw5kdjt61.png?width=2132&format=png&auto=webp&s=b251aba105fec5146cd918cb98a9a1cca122b185)
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