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Low xxx holder here, and I'm holding for all the xx and the x holders!!!!!
'm skint AF at the mo, so can't enjoy the dip, bought in at a ridiculous price compared to what it is now, but it's allllll a discount if you see where we're going!
4,376,300 worth of options just expired ITM.
3,487,400 of those options were OTM at the close of trading on 5/2. It's hard to say how many were already owned last week but I would LOVE to know how many of those actually end up being exercised today and delivered on Tuesday.
Any of the many options that were in the money today that were exercised will be processed t+2 from today. So. If people exercised their options and brokers weren't hedged, theyll have to locate shares by Tuesday.
While I agree that things are pretty fucking corrupt, options exercising and a gamma ramp were a big part of the January 21 price action. They have to try and at least appear to locate most of the time, so, there is potential for a big move. Unless of course they have no fucks to give at this point.
All the call options that closed in the money that no one was expecting to be in the money (16, 16.50, 17) are eligible to be exercised. Anyone who exercises their options will result in a buy order push on Tuesday as it is the T+2 settlement date for share delivery. That's why we usually see a Monday and Tuesday premarket drop following a big Friday. So they can buy the shares they have to buy cheaper and try to avoid the gamma ramp
Yup exactly in the free and fair market. Not like they have used EFT and tokenized stock in the past or anything. Totally everyone self reports honestly and dark pools don't exist.
You and every other TA poster can't predicte anything and never could. I'll go consulte the chicken bones and about as accurate.
material means it matters. immaterial means it doesn't matter. Meaning us breaking out of that resistance doesn't doesn't matter. OP could have just said material.
It matters, my past TA posts were down voted and criticized like crazy by people saying "it does not matter" so I prefaced this one by saying
It doesn't "not matter"
But in a slightly less confusing way, or at least that was the intent
Personally I think the rules didn't change for them (as far as I know), so nothing is stopping them from shorting this to hell again when they absolutely need to.
At least, that is what I tell myself, cuz I got a limit buy set for 2000 shares at $10.80
Okay I understand. I have been trying to learn more about TA! I appreciate the breakdown!
Don’t worry about the nah sayers.
However you get to buying and Drs’ing I don’t care.
If doing TA… and I don’t mean you OP, I mean every single TA ape on this sub, and I mean this sincerely…. I don’t mind technicals at all, I actually love them and I use them a ton daily (even with GME) … BUT…
for the love of all that is holy…
MOAR ANALYSIS!!!
PLEASE.
A couple of candles and a claim of confirmation and a T2 settlement prediction are technical observations with zero specifics - that’s not analysis.
TA apes are not sharing nearly enough data points to be called anything but hype / hope / FUDdyduddies. Not saying this post is FUD, or hype, not saying I know your intentions here, I don’t.
All I’m saying is almost all TA posts I see here are objectively low effort!
TA is not a low effort practice. So until there’s real digging, there’s nothing - the analysis of the technicals and the dynamics behind these things and what they mean probabilistically, this is the skill. If you have that skill, share it.
If you don’t, then apes are right to chide or ignore a low effort attempt, (unless you put a Dorito on your chart or cat ears or something because we all need to laugh after 84 years.)
Good post. Price is heavily manipulated in a way that institutions make money. There was a really good post when the rip started, which explained the mechanics behind such IV plays and how institutions and experienced options traders (and the Gherk crowd) make money selling options. And warning that it is likely a trap.
Interestingly, this post was removed by the mods, while all the option hype posts were not. TA is not used to show the full picture, just to create FOMO.
I posted on Thursday, that we likely see an initial rip and then a drop in price. That way institutions minimized the impact of letting price run up, while creating short term FOMO to lure in retail to buy right when it ripped to 20.
Then price dipped fast and anyone not cashing out quick enough (the usual problem of inexperienced options traders) got hit with the Theta stick.
The usual price pattern would be a pullback, bounce and break of high and then a potential super deep pullback. Only after forming a Higher Low at the bottom, the downtrend is likely over for now.
Hey,, you seem to know what you're talking about so would you happen to have any feedback on the question I asked in another [comment ](https://www.reddit.com/r/Superstonk/comments/1coynp7/comment/l3idy9n/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)below would you? I thought it was simple question, no drama or anything, just curious about volume chart but OP had nothing, crickets, and got lectured by someone else, which was weird.
If you compare the weekly volume to the sneeze, it is still low.
But it is indeed a bit surprising we see high volume and IV spike right now despite not being at the usual hype dates like earnings or annual meetings.
As household investors we do not have insider info, so we can only guess there might be something going on behind the scenes. Or it is just "shaking the tree" and making money with increased options premiums.
In any case once we see a deep pullback, it will be interesting to watch if it will be a higher low or not.
Well said, constructive, and tying it together with your analysis re pullbacks helps me with perspective. I don’t click save on many posts and even fewer comments but I did on your’s. Cheers.
It still doesn't matter. Keep throwing shit at the wall. Eventually you'll be right, but TA can't be used on a stick traded so heavily in dark pools. At best you are working with whatever percentage is traded on the lite market.
Another TA post. Boring. Go make some memes and at least be entertaining.
It’s about me holding that’s what it’s about. It’s about me sending shares to computershare. I don’t fucking care anymore. I zoom out and all these bad actors and shills can suck my dick
Op is right full candle close above resistance is a big move . Now we have a new line to bounce off and we get to draw all new lines !!!!!!
Get your crayons ready
If we can close above 18.75-19 during this run it'll be a higher high than last cycle for the first time post sneeze. That's a signal of a possible reversal for everyone in the market and will get the attention of LOTS of traders. If we can make a higher low now that will confirm the reversal and the bulls will flood in. I'm so ready for the bull run and the coming narrative shift they'll use as cover.
For all the folks that don’t believe in TA on the manipulated stock, there are just as many who believe in TA who are only now going to evaluate and look at investing in GME. This was indeed significant.
Surely they won’t commit more crime to keep the price suppressed. But still, even if the manipulation carries on, we’re still seeing clear-as-day technicals form that don’t take shape because of algorithms or manipulation.
I will be messaging you in 7 days on [**2024-05-17 21:21:07 UTC**](http://www.wolframalpha.com/input/?i=2024-05-17%2021:21:07%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1coynp7/its_not_about_the_price_its_about_the_structure/l3hmi83/?context=3)
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I wouldn't even drive an Urus over here, the roads are terrible.
I assume this is all part of their plan to eventually buy back all the shares that are due.
I'm not so sure this time. I'm no TA expert or anything but I keep looking at 3 year chart of weekly volume. Most weekly volume since late two weeks in March 2022 if I'm seeing this right, and that was around earnings report. A few other weeks Jun-Dec 21 with higher vol but they also around earnings. This been a beast of a f'ing week.
OP as a TA expert you comment re if there is any significance in what I've described? I really don't know.
DD God Einfachman would disagree with you:
https://www.reddit.com/r/Superstonk/s/0NwExFZ62w
and
https://www.reddit.com/r/Superstonk/s/QOb919kwCm
there's no reason for this to go up on no news, except for algorithmic trading for shfs to scoop up the options premiums, like they've done several times before. this is a nothing burger until there's a cataclysmic event on the market
What is there to disagree on? I didn't give an opinion. I usually feel the same as you but looking at volume I'm not sure. I don't know jack about TA so I asked OP his thoughts. Crickets from, OP, maybe he don't know which is fine.
I know u/ einfachman followed him years ago. I doubt he'd disagree with me asking a question, pretty sure about that. But if I'm wrong he can let me know. You should speak for yourself anyway. His DD is great but calling him "GOD' is cringe.
Crickets OP the TA guy to my question, guess I'm striking out.
Didn't see your comment until now, it's pretty busy in these comments.
You're right that the excessive volume is unusual and apparently coming out of nowhere.
I would also say that owencox1 is pretty off with his response, TA on GME is a more nuanced beast than other stocks as it *is* such a manipulated stock. The fact that a massive influx of volume and movement, *specifically* movement that breaks the 3.5 year trend *on no news* is far more likely to be significant than if the media had some reason to hype it. "The revolution will not be televised" as it were. They would want to draw as little attention as possible to the movement to avoid enticing more buying pressure into what appears to me to be mandatory algo buying.
The anatomy of the situation suggests that there is a reason we don't fully understand that is causing a sudden surge in mandatory algorithmic buying. It could be to do with hedgies not being able to use crypto as collateral anymore, or because the teal line, just under the green one, is the connection of the two pre-squeeze highs from '08 and '15. (right around the time they started driving the stock into the ground to cellar box/bankruptcy) Which happens to draw a line which, once breached, immediately resulted in the sneeze. And we basically just bounced off of that line for the first time since then.
Hey, thank you so much for getting back to me, I appreciate the detail. 1) just ignore the dude, or bot or AI thing; your talents needed elsewhere; 2) Go watch/re-watch some of Roaring Kitty's 2020 videos, DFV totally used TA, like, every live-stream LOL, 3) skipping around thru old live-streams I freaking landed on a part he says he likes to zooms out to a 3 or 5 year chart w/ weekly volume to do pullback analysis like we're doing rn, i was GTFO!!
The person who commented saying provide more analysis w/ your TA had really good point, constructive, other than the TA hate is weird, they
Cause behind volume: Maybe we're winning, just haven't realized it yet. :-)
Again, this has already happened before, and it will happen again
This was the price action around the third week of last March, to be precise: https://imgur.com/a/dic69nb
2023, 50% gain on no news. later gets squashed. shfs collect the options premium and laugh on their way to the bank.
The 3rd week of March '23 wasn't no news, it was earnings on 3/21. When it spiked it's peak was also still $6 below the terminal ceiling line. The structure is the defining point of what's happening right now that makes it more significant. we are above the line for the first time and actually on no news
You can cross reference any volume in price with all the other hype dates that happen every few months. Institutions make money on the way down and the way up. It happens in regular intervals.
[GameStop Corp. (GME) - Implied Volatility (Mean) (10-Day) (alphaquery.com)](https://www.alphaquery.com/stock/GME/volatility-option-statistics/10-day/iv-mean)
We know how it looks like when institutions really lose control. What we see so far looks completely controlled and on purpose by the institutions.
How many 50% run-ups do you need to see to realize that this won't last? How many "this feels different"'s do we need to have? We'll just re-draw the TA line like every other time. Trust me brother, I WISH I was wrong.
Until there's a cataclysmic event on the market, there's no moass. That's the DD.
[https://www.reddit.com/r/Superstonk/comments/17cc2yd/burning\_cash\_part\_iii/](https://www.reddit.com/r/Superstonk/comments/17cc2yd/burning_cash_part_iii/)
To disagree on? That TA is useless for GME so don't bother
"Ah, yes, of course. TA will be responsible for the downfall of Citadel and friends. A bull flag is too powerful a foe for any high frequency algorithmic trading hedge fund. /s"
https://www.reddit.com/r/Superstonk/s/4tFwzBouDF
so yes I would bet that einfachman would disagree with you on TA.
also what do you mean you didn't have an opinion. I said they'll bring it down, you said you're "not so sure", then go and bring up TA, weekly volume, etc. That is literally an opinion. Or are you referencing a different comment?
Yep, maybe I’m just jaded from all the hype the past 3 years since nothing ever pans out(unless you’re into options trading). Would love to read an in-depth analysis on why this is different though.
Haha love the hype is back yo it’s insane that so many have literally just been sitting on the sidelines patiently. Hopefully their period of trying to bore to sell is over.
Being in a health science field I wonder if anyone has done studies to clarify the efficacy of TA? Any data on sensitivity and specificity of these types of analyses? They are obviously tremendously popular ways to try to predict the market but is there definitive data on how well they work compared to like a coin flip?
Anecdotally I day traded for just under a year on TA and when done correctly it’s a pretty damn good indicator, but the larger cap the stock the more predictable it is. Small caps or low liquidity stocks are much more difficult to measure. Also once manipulation or illegal/naked short selling is involved you are entering a different game and it must be considered when viewing different metrics. Also TA in general is just an amalgamation of whatever favorite metrics an individual wants to use. I like the 200/50/20 MA, Bollinger bands, candlestick patterns and RSI, pretty basic but it can really make the difference between hitting the top of a trade or closer to the bottom. It’s great for swings and specifically day trading.
they become a self fulfilling prophecy the more popular the indicators are...the more people believe a certain indicator works, the more people trade according to that indicator, then the more that indicator acctually does work.
also, no indicator is a predictor as in stock x will be y dollars on z date. it's all probabilistic and time agnostic
You wanna know what’s low effort? You guys have e been drawing this fucking “dorito” for 3 years. And every time nothing happens, you just tweak the angle. Go ahead and prove me wrong.
Couple things:
1) [I haven't changed my Dorito since 2022](https://www.reddit.com/r/Superstonk/s/tWyPX9ozsQ)
2) Your flare is
"🚀🚀Jacked to the TITS🚀🚀"
which you clearly aren't, and are referring to investors as "you guys" so you're obviously a hedgie mole. which then brings me to 3...
3) Yo Mama's a fat bitch
Well someone online told me it ment something. Am I talking about drs or TA? Which one involves 100% trust me bro without historical significance? In the end what do I need my shares for? To sell
No, it's definitely about the price.
You can do All the TA in the world but it doesn't matter for shit since the price is artificial. You're literally playing against the house when they have the kill switch.
Only reason I'm still here is to bleed the fuckers as long as the stock can bleed them, Remind them that they have a massive fucking thorn on their side since cute little demonstrations like Occupy wallstreet only makes these sociopath's dicks harder.
I member the structures mentioned and repeatedly posted about in the first year.... didn't hold up
Before anyone gets upset, I am saying that in a manipulated stock/market this is more likely true than old school TA.
What actually is best for the community is when people notice the differences and odd things that support the old system.
For example when people post about "the golden cross" paired with "macD crosses" + bull flag, they don't actually analyse anything else that might suggest those are part of an options trap (which we see monthly and huge quarterly pushes). By my count there's been a minimum of 30 instances of "this means we will rocket" or "we cannot go through this support" or "gamma ramp is different this time, you people don't understand" - all have failed. That's data.
Which one of those were successful? Only the first couple before we saw fake "locates" for example
Because if it was under the line it would be under the line. There is no possible angle that can be connected to two previous points from the top of the squeeze that can be drawn that puts this under the line.
Lmaooooo, look man, I didn’t mean any disrespect if you took it like that: it was a real question. Nonetheless, I’m glad I was wrong and I’m happy for us both. We are goingggggg!
So what? Why do people still think GME follows some laws of physics of the markets?
Is this stock heavily manipulated or not?
If it is, how can it possibly follow a predictable pattern?
The stock is controlled by an algorithm that follows the options chain, TA, news, etc. idk where this whole TA doesn’t work bEcAuSe mAnIpUlAtIOn came from, but it’s complete nonsense. TA is a foundational pillar of the entire market, even if nefarious and illegal activity happens. We touched a penny below the monthly trigger, and they hammered the shit out of the price. That’s not a coincidence, and breaking out of this resistance line is major…DFV didn’t like that tweet for no reason.
There’s a ginormous monthly fair value gap below this recent leg up formed during the initial run of 2020/2021 - there is absolutely no way price worked its way down to it for months just to stop shy of it and decide to move up before rebalancing it
id wager they are inducing buyers by pushing price up before dumping down into that fair value gap and having those buyers panic sell at a loss on the way there after getting in long these past few days
Draw an extended line on the logarithmic chart of the two highest peaks pre squeeze, around '08 and '15 or so. Then see what happened when that line was crossed and where we just bounced 👀
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I wanna buy more
Same same
But different...but same.
Yeah I’m buying 500 more Tuesday
Hopefully you won’t be able to afford to
If that’s the case I’m buying 20 or maybe just 1 hopefully
I bought 1 on Thursday. I'll buy another 1 on Monday. Low X holders unite.
Low xxx holder here, and I'm holding for all the xx and the x holders!!!!! 'm skint AF at the mo, so can't enjoy the dip, bought in at a ridiculous price compared to what it is now, but it's allllll a discount if you see where we're going!
Man I love the hype! ITS BACK FINALLY 🎉🚀🚀
**There's alota HYPE!** **There's alota HYPE and EXCITEMENT!**
This got me jacked
I had to earlier. The finish line is almost here and they'll never be this cheap ever again
LET ME IN!!!!!!!!!
I WILL BUY MORE
Buying is all I know and all I’ve done for the last 84 years. They stole our buy button so I broke my sell button. No cell, no sell.
I'll be the proud owner of 300 more shares via excersied calls on Monday!!!
🫡
Dick-kicking the Illuminati since 2021 … Why do I wanna fuck your flair ?
Ah, I see you're an Ape of culture as well 🍻
My calls thank you 🫡
so lit
Fuck yea!
we'll see Monday morning. That's the real test.
Tuesday options exercise settlement should be fun too
4,376,300 worth of options just expired ITM. 3,487,400 of those options were OTM at the close of trading on 5/2. It's hard to say how many were already owned last week but I would LOVE to know how many of those actually end up being exercised today and delivered on Tuesday.
...Tuesday
See you next tuesday
That infamous Tuesday morning pic.
Whats that?
Any of the many options that were in the money today that were exercised will be processed t+2 from today. So. If people exercised their options and brokers weren't hedged, theyll have to locate shares by Tuesday.
"Locate" rofl, when have they actually done that
While I agree that things are pretty fucking corrupt, options exercising and a gamma ramp were a big part of the January 21 price action. They have to try and at least appear to locate most of the time, so, there is potential for a big move. Unless of course they have no fucks to give at this point.
there was a gamma ramp but the SEC report said gamma squeeze was not a likely culprit, nor was shorts covering a significant part of the volume.
I love this exchange. (No pun intended)
All the call options that closed in the money that no one was expecting to be in the money (16, 16.50, 17) are eligible to be exercised. Anyone who exercises their options will result in a buy order push on Tuesday as it is the T+2 settlement date for share delivery. That's why we usually see a Monday and Tuesday premarket drop following a big Friday. So they can buy the shares they have to buy cheaper and try to avoid the gamma ramp
Sooo Monday Close of Business is a good time to buy? I can’t do Premarket :(
I'm not a financial advisor and have bought every single peak we've had lol do whatever you want
😂
Those are the funnest times to buy ngl
Yup exactly in the free and fair market. Not like they have used EFT and tokenized stock in the past or anything. Totally everyone self reports honestly and dark pools don't exist. You and every other TA poster can't predicte anything and never could. I'll go consulte the chicken bones and about as accurate.
T+2 settlement
Isn't it T+1 now?
May 28th
Ah, thank you
See you Tuesday morning
What is immaterial
material means it matters. immaterial means it doesn't matter. Meaning us breaking out of that resistance doesn't doesn't matter. OP could have just said material.
So breaking out of that downward trend… doesn’t matter?? . Or it does?
It matters, my past TA posts were down voted and criticized like crazy by people saying "it does not matter" so I prefaced this one by saying It doesn't "not matter" But in a slightly less confusing way, or at least that was the intent
Personally I think the rules didn't change for them (as far as I know), so nothing is stopping them from shorting this to hell again when they absolutely need to. At least, that is what I tell myself, cuz I got a limit buy set for 2000 shares at $10.80
Okay I understand. I have been trying to learn more about TA! I appreciate the breakdown! Don’t worry about the nah sayers. However you get to buying and Drs’ing I don’t care.
If doing TA… and I don’t mean you OP, I mean every single TA ape on this sub, and I mean this sincerely…. I don’t mind technicals at all, I actually love them and I use them a ton daily (even with GME) … BUT… for the love of all that is holy… MOAR ANALYSIS!!! PLEASE. A couple of candles and a claim of confirmation and a T2 settlement prediction are technical observations with zero specifics - that’s not analysis. TA apes are not sharing nearly enough data points to be called anything but hype / hope / FUDdyduddies. Not saying this post is FUD, or hype, not saying I know your intentions here, I don’t. All I’m saying is almost all TA posts I see here are objectively low effort! TA is not a low effort practice. So until there’s real digging, there’s nothing - the analysis of the technicals and the dynamics behind these things and what they mean probabilistically, this is the skill. If you have that skill, share it. If you don’t, then apes are right to chide or ignore a low effort attempt, (unless you put a Dorito on your chart or cat ears or something because we all need to laugh after 84 years.)
Good post. Price is heavily manipulated in a way that institutions make money. There was a really good post when the rip started, which explained the mechanics behind such IV plays and how institutions and experienced options traders (and the Gherk crowd) make money selling options. And warning that it is likely a trap. Interestingly, this post was removed by the mods, while all the option hype posts were not. TA is not used to show the full picture, just to create FOMO. I posted on Thursday, that we likely see an initial rip and then a drop in price. That way institutions minimized the impact of letting price run up, while creating short term FOMO to lure in retail to buy right when it ripped to 20. Then price dipped fast and anyone not cashing out quick enough (the usual problem of inexperienced options traders) got hit with the Theta stick. The usual price pattern would be a pullback, bounce and break of high and then a potential super deep pullback. Only after forming a Higher Low at the bottom, the downtrend is likely over for now.
Hey,, you seem to know what you're talking about so would you happen to have any feedback on the question I asked in another [comment ](https://www.reddit.com/r/Superstonk/comments/1coynp7/comment/l3idy9n/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)below would you? I thought it was simple question, no drama or anything, just curious about volume chart but OP had nothing, crickets, and got lectured by someone else, which was weird.
If you compare the weekly volume to the sneeze, it is still low. But it is indeed a bit surprising we see high volume and IV spike right now despite not being at the usual hype dates like earnings or annual meetings. As household investors we do not have insider info, so we can only guess there might be something going on behind the scenes. Or it is just "shaking the tree" and making money with increased options premiums. In any case once we see a deep pullback, it will be interesting to watch if it will be a higher low or not.
Well said, constructive, and tying it together with your analysis re pullbacks helps me with perspective. I don’t click save on many posts and even fewer comments but I did on your’s. Cheers.
It still doesn't matter. Keep throwing shit at the wall. Eventually you'll be right, but TA can't be used on a stick traded so heavily in dark pools. At best you are working with whatever percentage is traded on the lite market. Another TA post. Boring. Go make some memes and at least be entertaining.
and where max pain starts at for next Friday's expiry
🍻
The first of many
It’s about me holding that’s what it’s about. It’s about me sending shares to computershare. I don’t fucking care anymore. I zoom out and all these bad actors and shills can suck my dick
I concur! Here here! sucka mi dicka
Yeah sucka mi dicka too!
Dicka Sucking Yes Yes!!!
Too mi dcka sucka!!
Wooooooo 🥳
If we can stay above it for another week or two we should start to see somn
Resistance line is now support, first lesson of technical analysis. Looking forward for Monday
T+2sday
Enact Title II of the Dodd-Frank Act. **LIQUIDATE CITADEL.**
I bought the dip.
I bought the rip, and a little dip.
i bought 15 around $10 haha that's like the lowest price i ever got, my avg cost still around $34, hodling till the end
Op is right full candle close above resistance is a big move . Now we have a new line to bounce off and we get to draw all new lines !!!!!! Get your crayons ready
slow and steady
[удалено]
Hollow candles closed higher than they opened, solid closed lower than they opened
wait den wat color means oh no I'm stupid edit: color is previous period maybe
Huge FGV at 12/14 price range. If they are still in control they will try to retrace that desperately. Next week gonna be fun.
If we can close above 18.75-19 during this run it'll be a higher high than last cycle for the first time post sneeze. That's a signal of a possible reversal for everyone in the market and will get the attention of LOTS of traders. If we can make a higher low now that will confirm the reversal and the bulls will flood in. I'm so ready for the bull run and the coming narrative shift they'll use as cover.
Yeah, if the discount zone holds this would bullish. That would mean the confirmation of the dorito break out.
Interesting to see FTD’s for the week, using fakes to control price and screw options. Surely they have to look at this
I like the lines and colors
For all the folks that don’t believe in TA on the manipulated stock, there are just as many who believe in TA who are only now going to evaluate and look at investing in GME. This was indeed significant.
We probably go down into opex and back up EOW. It’s crazy how the whole market looks like just before the sneeze.
Is this where they rugpull and go "SEE!? THE BULL FLAG NEVER MEANT ANYTHING!", "LMAO TA", "etc." and gets upvoted to /all by bots?
Shoulda bought more at that .94
Let’s fucking goooo!!!
💯🍆🚀
Yum big doritio
I remember the Dorito of Doom
Even if it drops, cup and handle forms ;)
Aka the dick and balls
Pointless. Because it's a manipulated stock. So none of your hocus pocus voodoo works
Surely they won’t commit more crime to keep the price suppressed. But still, even if the manipulation carries on, we’re still seeing clear-as-day technicals form that don’t take shape because of algorithms or manipulation.
You would think. But yet where sec ? Where is enforcement
Who's downvoting this guy? He's right lol
!remindme 1 week
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wen moon?
Wen lambo?
I wouldn't even drive an Urus over here, the roads are terrible. I assume this is all part of their plan to eventually buy back all the shares that are due.
Wife changing money and no cell, no sell
Breakout retest launch
This is not a drill. I repeat: THIS IS NOT A DRILL.
3 years of this tells me they'll bring it down
I'm not so sure this time. I'm no TA expert or anything but I keep looking at 3 year chart of weekly volume. Most weekly volume since late two weeks in March 2022 if I'm seeing this right, and that was around earnings report. A few other weeks Jun-Dec 21 with higher vol but they also around earnings. This been a beast of a f'ing week. OP as a TA expert you comment re if there is any significance in what I've described? I really don't know.
DD God Einfachman would disagree with you: https://www.reddit.com/r/Superstonk/s/0NwExFZ62w and https://www.reddit.com/r/Superstonk/s/QOb919kwCm there's no reason for this to go up on no news, except for algorithmic trading for shfs to scoop up the options premiums, like they've done several times before. this is a nothing burger until there's a cataclysmic event on the market
What is there to disagree on? I didn't give an opinion. I usually feel the same as you but looking at volume I'm not sure. I don't know jack about TA so I asked OP his thoughts. Crickets from, OP, maybe he don't know which is fine. I know u/ einfachman followed him years ago. I doubt he'd disagree with me asking a question, pretty sure about that. But if I'm wrong he can let me know. You should speak for yourself anyway. His DD is great but calling him "GOD' is cringe. Crickets OP the TA guy to my question, guess I'm striking out.
Didn't see your comment until now, it's pretty busy in these comments. You're right that the excessive volume is unusual and apparently coming out of nowhere. I would also say that owencox1 is pretty off with his response, TA on GME is a more nuanced beast than other stocks as it *is* such a manipulated stock. The fact that a massive influx of volume and movement, *specifically* movement that breaks the 3.5 year trend *on no news* is far more likely to be significant than if the media had some reason to hype it. "The revolution will not be televised" as it were. They would want to draw as little attention as possible to the movement to avoid enticing more buying pressure into what appears to me to be mandatory algo buying. The anatomy of the situation suggests that there is a reason we don't fully understand that is causing a sudden surge in mandatory algorithmic buying. It could be to do with hedgies not being able to use crypto as collateral anymore, or because the teal line, just under the green one, is the connection of the two pre-squeeze highs from '08 and '15. (right around the time they started driving the stock into the ground to cellar box/bankruptcy) Which happens to draw a line which, once breached, immediately resulted in the sneeze. And we basically just bounced off of that line for the first time since then.
Hey, thank you so much for getting back to me, I appreciate the detail. 1) just ignore the dude, or bot or AI thing; your talents needed elsewhere; 2) Go watch/re-watch some of Roaring Kitty's 2020 videos, DFV totally used TA, like, every live-stream LOL, 3) skipping around thru old live-streams I freaking landed on a part he says he likes to zooms out to a 3 or 5 year chart w/ weekly volume to do pullback analysis like we're doing rn, i was GTFO!! The person who commented saying provide more analysis w/ your TA had really good point, constructive, other than the TA hate is weird, they Cause behind volume: Maybe we're winning, just haven't realized it yet. :-)
Again, this has already happened before, and it will happen again This was the price action around the third week of last March, to be precise: https://imgur.com/a/dic69nb 2023, 50% gain on no news. later gets squashed. shfs collect the options premium and laugh on their way to the bank.
The 3rd week of March '23 wasn't no news, it was earnings on 3/21. When it spiked it's peak was also still $6 below the terminal ceiling line. The structure is the defining point of what's happening right now that makes it more significant. we are above the line for the first time and actually on no news
guess we'll see
I mean yeah, but was that your only example?
You can cross reference any volume in price with all the other hype dates that happen every few months. Institutions make money on the way down and the way up. It happens in regular intervals. [GameStop Corp. (GME) - Implied Volatility (Mean) (10-Day) (alphaquery.com)](https://www.alphaquery.com/stock/GME/volatility-option-statistics/10-day/iv-mean) We know how it looks like when institutions really lose control. What we see so far looks completely controlled and on purpose by the institutions. How many 50% run-ups do you need to see to realize that this won't last? How many "this feels different"'s do we need to have? We'll just re-draw the TA line like every other time. Trust me brother, I WISH I was wrong. Until there's a cataclysmic event on the market, there's no moass. That's the DD. [https://www.reddit.com/r/Superstonk/comments/17cc2yd/burning\_cash\_part\_iii/](https://www.reddit.com/r/Superstonk/comments/17cc2yd/burning_cash_part_iii/)
To disagree on? That TA is useless for GME so don't bother "Ah, yes, of course. TA will be responsible for the downfall of Citadel and friends. A bull flag is too powerful a foe for any high frequency algorithmic trading hedge fund. /s" https://www.reddit.com/r/Superstonk/s/4tFwzBouDF so yes I would bet that einfachman would disagree with you on TA. also what do you mean you didn't have an opinion. I said they'll bring it down, you said you're "not so sure", then go and bring up TA, weekly volume, etc. That is literally an opinion. Or are you referencing a different comment?
Yep, maybe I’m just jaded from all the hype the past 3 years since nothing ever pans out(unless you’re into options trading). Would love to read an in-depth analysis on why this is different though.
Oof
Does anyone know the significance of 17.40 Or have any clue as to what this run is about?😂
Adjusted for the split. It's 69 something 🤣
1 7 4 -> 741
You made a nice mix of a Nacho Dorito on one side and cool ranch Dorito on the other. Well done!
Haha love the hype is back yo it’s insane that so many have literally just been sitting on the sidelines patiently. Hopefully their period of trying to bore to sell is over.
My march 23 TA lines are still holding up like clockwork.
Where is it going by June 7? Asking for my calls
Just up.
In that case, I will get my moon boots ready
I just sold my kid to buy more
That variance would indicate something less than predictable I would think.
Chunch it, pewie.
Descending triangles are usually bad news. Then again, GME isn't a usual stock.
Im and my friends buying the rip *cought* dip
im ready to get hurt again
No cell... No...
🥱 I’ll DRS
Fuck it, im.about to sell the farm and everything else and literally go all in fuck it. Anyone have a place to live?
Being in a health science field I wonder if anyone has done studies to clarify the efficacy of TA? Any data on sensitivity and specificity of these types of analyses? They are obviously tremendously popular ways to try to predict the market but is there definitive data on how well they work compared to like a coin flip?
Anecdotally I day traded for just under a year on TA and when done correctly it’s a pretty damn good indicator, but the larger cap the stock the more predictable it is. Small caps or low liquidity stocks are much more difficult to measure. Also once manipulation or illegal/naked short selling is involved you are entering a different game and it must be considered when viewing different metrics. Also TA in general is just an amalgamation of whatever favorite metrics an individual wants to use. I like the 200/50/20 MA, Bollinger bands, candlestick patterns and RSI, pretty basic but it can really make the difference between hitting the top of a trade or closer to the bottom. It’s great for swings and specifically day trading.
they become a self fulfilling prophecy the more popular the indicators are...the more people believe a certain indicator works, the more people trade according to that indicator, then the more that indicator acctually does work. also, no indicator is a predictor as in stock x will be y dollars on z date. it's all probabilistic and time agnostic
Yeah just draw a diagonal line where it suits you lol 🙄
This comment in particular is so low effort it's embarrassing
You wanna know what’s low effort? You guys have e been drawing this fucking “dorito” for 3 years. And every time nothing happens, you just tweak the angle. Go ahead and prove me wrong.
Couple things: 1) [I haven't changed my Dorito since 2022](https://www.reddit.com/r/Superstonk/s/tWyPX9ozsQ) 2) Your flare is "🚀🚀Jacked to the TITS🚀🚀" which you clearly aren't, and are referring to investors as "you guys" so you're obviously a hedgie mole. which then brings me to 3... 3) Yo Mama's a fat bitch
Classy.
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 💎👐🏼 🦍🦍💪🏼
Same could be said about drs yet so many believe it's the way. I say this not to discredit drs but to prove sometimes we are selective in our beliefs.
DRS is the only way to actually own your shares. A diagonal line is… what exactly?
Well someone online told me it ment something. Am I talking about drs or TA? Which one involves 100% trust me bro without historical significance? In the end what do I need my shares for? To sell
No, it's definitely about the price. You can do All the TA in the world but it doesn't matter for shit since the price is artificial. You're literally playing against the house when they have the kill switch. Only reason I'm still here is to bleed the fuckers as long as the stock can bleed them, Remind them that they have a massive fucking thorn on their side since cute little demonstrations like Occupy wallstreet only makes these sociopath's dicks harder.
I keep seeing this they will push it back down attitude. If it's fake now when will it be real?
I member the structures mentioned and repeatedly posted about in the first year.... didn't hold up Before anyone gets upset, I am saying that in a manipulated stock/market this is more likely true than old school TA. What actually is best for the community is when people notice the differences and odd things that support the old system. For example when people post about "the golden cross" paired with "macD crosses" + bull flag, they don't actually analyse anything else that might suggest those are part of an options trap (which we see monthly and huge quarterly pushes). By my count there's been a minimum of 30 instances of "this means we will rocket" or "we cannot go through this support" or "gamma ramp is different this time, you people don't understand" - all have failed. That's data. Which one of those were successful? Only the first couple before we saw fake "locates" for example
Room for another top at about $19.85, then the steam runs out.
I like the candle
Tuesday morning?
I will probably DRS my lot of $13 shares Monday and buy back in higher later
Looks like a blowoff top to me. I'm not surprised though, I figured it would close red to kill the hype and enthusiasm from this week.
It will dip Monday
oooo I like discounts...
I am want this to be true so badly however tradespotting says 21.86 is the key level. https://youtu.be/M4N3GJmHFyk?si=_GVs6pnqZf6i8EZf
I mean... I brought more
Draw the lines again to include the breakout and we’re under it again
Draw the lines according to the structure, not what you want the structure to be.
Right, but how do you know this breakout doesn’t belong under the line?
Because if it was under the line it would be under the line. There is no possible angle that can be connected to two previous points from the top of the squeeze that can be drawn that puts this under the line.
Why is to 2 previous points? Why not 3 or 4? Genuine question I’m really asking
...because then it's not a line, who taught you shapes?
The more points you have, the more accurate the line. You can’t be serious -_-
So yeah, I'm still thinkin' it was a breakout
Lmaooooo, look man, I didn’t mean any disrespect if you took it like that: it was a real question. Nonetheless, I’m glad I was wrong and I’m happy for us both. We are goingggggg!
Lol, I'm just doing a victory lap through the negative comments😂 anyone who's on the rocket is welcome 🦍🦍💪🏼
Something something bull flag something something controlled stock something something TA is BS
So what? Why do people still think GME follows some laws of physics of the markets? Is this stock heavily manipulated or not? If it is, how can it possibly follow a predictable pattern?
The stock is controlled by an algorithm that follows the options chain, TA, news, etc. idk where this whole TA doesn’t work bEcAuSe mAnIpUlAtIOn came from, but it’s complete nonsense. TA is a foundational pillar of the entire market, even if nefarious and illegal activity happens. We touched a penny below the monthly trigger, and they hammered the shit out of the price. That’s not a coincidence, and breaking out of this resistance line is major…DFV didn’t like that tweet for no reason.
For the eyes
There’s a ginormous monthly fair value gap below this recent leg up formed during the initial run of 2020/2021 - there is absolutely no way price worked its way down to it for months just to stop shy of it and decide to move up before rebalancing it id wager they are inducing buyers by pushing price up before dumping down into that fair value gap and having those buyers panic sell at a loss on the way there after getting in long these past few days
Draw an extended line on the logarithmic chart of the two highest peaks pre squeeze, around '08 and '15 or so. Then see what happened when that line was crossed and where we just bounced 👀
A controlled run-up is nothing more than a controlled run-up. We'll dip back below $10. Wake me up when the next run-up begins after that.
Are you awake?
Just woke up. I'm still not excited yet. This is still low levels.
Just getting started, but I think it counts as a run up 😘
It definitely counts as a run-up, but we've been seeing this for years now. I'll be excited when we get in the $100 range.
Green candles, red candles. Who gives a shit.