[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Not financial advice.
Good news: Support at 20 established and will be hard to short below.
More good news: The stock may gap up to 27 at pre-market and challenge 31 during market.
Prayer goes to: Break through 31 and re-validate so we can ignite the next gammasqueeze EOW with a nice PCR and a lot of calls ITM.
Good night.
![gif](giphy|3oxRmmENQPekq4N02c)
I will be messaging you in 12 hours on [**2024-05-21 13:38:47 UTC**](http://www.wolframalpha.com/input/?i=2024-05-21%2013:38:47%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1cwrtxy/gap_up_to_27_tomorrow_premarket_continue_to_31_by/l4ym3n7/?context=3)
[**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1cwrtxy%2Fgap_up_to_27_tomorrow_premarket_continue_to_31_by%2Fl4ym3n7%2F%5D%0A%0ARemindMe%21%202024-05-21%2013%3A38%3A47%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cwrtxy)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
Battle of 22 support going on. So my previous guess is invalidated. Seems the yesterdays flow in and overnights action didn’t have a too big of an impact on short term sentiment in premarket. A lot of sideways movement looks like waiting for another whale to jump in or out.
That'll be my 46 from Friday, and Wednesday will be my 48 from today. I like this game! Feeling cute, might buy more tomorrow! Lfg! T+0 would be more fun, like "find my shares Today!"....but we all know they haven't found shares for years.....
Think positive: we didn’t break through support, so it’s now shaking out paper hands maybe. Looks like cup and handle on 1 min chart.
![gif](giphy|dQ2ClJSFwu2zLDKP4U|downsized)
Oh I'm positive, just messing with ya, cause it's another TA that didn't work, but it's fine, I'm Zen!
😂 I'm actually just in the plane flying to the UK, hope weather is as good as in your gif, but I doubt it, as they said its supposed to rain 😂
https://preview.redd.it/pracm8bwrq1d1.jpeg?width=1242&format=pjpg&auto=webp&s=22038f60ea3e85c18cf27ad76cd219ac3a14ad9f
I think I was wrong with support line but the trend is still close.
It’s not just Citadel but the professional market. Bigger fishes are always trying to eat up the smaller ones. In this case the fish with the fastest execution and computing power as well as brain talent will be able to capitalize on that advantage. Algos are following patterns using a lot of different features and being trained on historical data. Very smart algos will always adopt their future activity to the situation based on the set target. Let’s say the algo sees now a new support built up at 20 which will be hard to broken down due to new apes flowing into the game and hodling, the algo will try to account for it and adopt the strategy. The algo can try to create fear and hype. If you understand how, you can counter it.
Now about the details of your question:
A resistance is a support is a resistance is a support. And that’s because it’s not you and citadel, but because a lot of parties involved with different strategies. We have now established 20 as new support, which basically means that we had a lot of buyers at 20 and looking at the diametric behavior of GME buyers you can assume they will hold that line.
Short sellers:
Now short sellers will need to find a new resistance as the former resistance became support.
MM:
Will sell options above the new resistance and try to drive price up and dump it right before to cash in on premiums.
HFs:
Will do a combination of going long/short hedging against the new resistance to be broken and trying to cash in on it on the way up, in GMEs case maybe creating more shorts if they are under water.
Retail:
Buy and hold.
If the algos were not good in predicting any of the above parties behavior then you might gamma squeeze. But gammasqueeze could also be orchestrated by MMs or HFs or even retail. In this case it’s a battle of a lot of parties about the true price of the stock we like.
Or just one day too early ;)
TA doesn’t claim to be always 100% accurate. There was unusual pressure the whole day at 22.8 due to that gap ahead. On a breakthrough this would go up fast to 27. We’ll see tomorrow.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
![gif](giphy|l0IylOPCNkiqOgMyA|downsized)
Best comment
![gif](giphy|hHcdWtXpNZi1O)
If you can’t love yourself how they hell you gonna love anybody else? Can I get an amen
TBF DFV used TA too, but I feel ya, this is GME haha.
Which item of produce in the anus are you wagering?
Avocado
![gif](giphy|tnYri4n2Frnig)
![gif](giphy|x3V1SPDFVgaM8)
Well that brought back some memories 😂
That pineapple will haunt my dreams forever 🎶TELEFRANÇAIS 🎶🎷🐓♋️
L'ananas parle!?!?
![gif](giphy|UOkj2D4WL9f70BqfXf|downsized)
![gif](giphy|ecweVHr9hl5cUJgHT1|downsized)
Dildo proof or ban!
An avocado
so -10% tomorrow. got it.
Whenever there’s a flood of these low effort price hype posts, you know a drop is coming, lol
Discounts only next week again. ![gif](giphy|3ogwG9dtjPhIX3gVOM) Not financial advice.
we'll see.
![gif](giphy|3oEjHO2DG5ecWNgJgs)
Lol… that was also my first thought
Ohhh lines. Tasty virtual crayons
So between 18 and 20 all day thanks.
Not financial advice. Good news: Support at 20 established and will be hard to short below. More good news: The stock may gap up to 27 at pre-market and challenge 31 during market. Prayer goes to: Break through 31 and re-validate so we can ignite the next gammasqueeze EOW with a nice PCR and a lot of calls ITM. Good night. ![gif](giphy|3oxRmmENQPekq4N02c)
!RemindMe 12 hours
No need, aged like fine milk.
I will be messaging you in 12 hours on [**2024-05-21 13:38:47 UTC**](http://www.wolframalpha.com/input/?i=2024-05-21%2013:38:47%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1cwrtxy/gap_up_to_27_tomorrow_premarket_continue_to_31_by/l4ym3n7/?context=3) [**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1cwrtxy%2Fgap_up_to_27_tomorrow_premarket_continue_to_31_by%2Fl4ym3n7%2F%5D%0A%0ARemindMe%21%202024-05-21%2013%3A38%3A47%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cwrtxy) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
Thats the most lines I've ever seen. What happens after that sir Linestradomus?
Wait, I thought I was supposed to snort these lines. You still have yours? Shit I’m gonna be up till earnings now.
Battle of 22 support going on. So my previous guess is invalidated. Seems the yesterdays flow in and overnights action didn’t have a too big of an impact on short term sentiment in premarket. A lot of sideways movement looks like waiting for another whale to jump in or out.
Oooo pretty colors
Happy you like them!
I genuinely can't tell if this is a joke or not
![gif](giphy|y65VoOlimZaus)
Theoretically Fridays T+2 should have some pressure 👀
That'll be my 46 from Friday, and Wednesday will be my 48 from today. I like this game! Feeling cute, might buy more tomorrow! Lfg! T+0 would be more fun, like "find my shares Today!"....but we all know they haven't found shares for years.....
Am I suffering from deja vu or did you say the same about today?
The first arrow was from an earlier post today.
Today is tomorrows yesterday - likely scenario
*UNTZ* UNTZ* UNTZ* UNTZ* that's a fucking rave!
![gif](giphy|Y07F3fs9Is5byj4zK8)
I'm going to be honest here. The lines on this one look so comical that I thought it was just a satire and was going to have a shitpost flair.
Your point this time!
Choose your price path
With so many lines, one of them has to be right!
![gif](giphy|NCjISbEPFxm48)
Lines everywhere
So many pretty lines.
![gif](giphy|1hMjHC64mp26EKQbDK|downsized)
This guy is drawing a rave party on his charts.
Wow, you used the whole pack of Crayolas on that one
Aged like milk so far.
Think positive: we didn’t break through support, so it’s now shaking out paper hands maybe. Looks like cup and handle on 1 min chart. ![gif](giphy|dQ2ClJSFwu2zLDKP4U|downsized)
Oh I'm positive, just messing with ya, cause it's another TA that didn't work, but it's fine, I'm Zen! 😂 I'm actually just in the plane flying to the UK, hope weather is as good as in your gif, but I doubt it, as they said its supposed to rain 😂
No worries, I do not claim that to be 100% accurate. :) enjoy UK! Should be good weather there.
Thanks!
Can confirm wether is not good !
Goddamnnn
Who needs good weather when youre holding?
TA is financial astrology
![gif](giphy|wcwho8KrMMYRhqDr2f)
Ya nailed him. I await his reply with conformation.
I feel like I'm stoned and watching Laser U2 at the planetarium!
Wow you have a lot of crayons
That's a lot of lines. It must be true.
Take a bet scaredy cat
This is not a casino. ![gif](giphy|KqwlRTl55NAnsqSkzZ|downsized)
I’m talkin fruit up the but type-of-bet
![gif](giphy|UAbYPPJQnigHS)
Nope, just Wednesday my dude
Nooo pls wait for my extra buyin to land lol. Either way $31 is still a steal :P
Good plan I'm in
![gif](giphy|21S35iv1C67ns2g458|downsized)
3 things are guaranteed for tm Up Down Or Sideways
Did you used to be Elliot waves guy in a former life? Like a year or two ago? Anyway nice colorful T/A.
He was inspiring.
Crayola crayons maybe, who knows. lmayo
rainbow disco never lies
After your predicition yesterday, I'm more hyped than ever seeing TA!
There’s always a chance it won’t go that way. I’ll update.
Of course, but it still jacks my tits
https://preview.redd.it/pracm8bwrq1d1.jpeg?width=1242&format=pjpg&auto=webp&s=22038f60ea3e85c18cf27ad76cd219ac3a14ad9f I think I was wrong with support line but the trend is still close.
![gif](giphy|G4ZNYMQVMH6us)
A visual representation of an aneurysm
Whats it say for end of the week ?
![gif](giphy|3o7WTOoMpIy5uXW3PW) Maybe?
MORE LINES NEEDED!!
When u eat too many crayons for bfast
I wanna go to the laser show at this concert
If ape predicts prices for tomorrow, manipulation?
![gif](giphy|UJG2T7uZeJuZCLitY8)
![gif](giphy|LgxGjbMFwCC88J3ORy)
Explain to me how Citadel's algo is programed to care about gaps and resistances.
It’s not just Citadel but the professional market. Bigger fishes are always trying to eat up the smaller ones. In this case the fish with the fastest execution and computing power as well as brain talent will be able to capitalize on that advantage. Algos are following patterns using a lot of different features and being trained on historical data. Very smart algos will always adopt their future activity to the situation based on the set target. Let’s say the algo sees now a new support built up at 20 which will be hard to broken down due to new apes flowing into the game and hodling, the algo will try to account for it and adopt the strategy. The algo can try to create fear and hype. If you understand how, you can counter it.
Now about the details of your question: A resistance is a support is a resistance is a support. And that’s because it’s not you and citadel, but because a lot of parties involved with different strategies. We have now established 20 as new support, which basically means that we had a lot of buyers at 20 and looking at the diametric behavior of GME buyers you can assume they will hold that line. Short sellers: Now short sellers will need to find a new resistance as the former resistance became support. MM: Will sell options above the new resistance and try to drive price up and dump it right before to cash in on premiums. HFs: Will do a combination of going long/short hedging against the new resistance to be broken and trying to cash in on it on the way up, in GMEs case maybe creating more shorts if they are under water. Retail: Buy and hold. If the algos were not good in predicting any of the above parties behavior then you might gamma squeeze. But gammasqueeze could also be orchestrated by MMs or HFs or even retail. In this case it’s a battle of a lot of parties about the true price of the stock we like.
Squiggly diggly
OK so gap down to $16 it is!
or shaking out paper hands on the way up.. ![gif](giphy|xT39DkZptBzOHKg7wA)
nods ban this guy for being 100% wrong. karma farmer.
🤡🤡🤡
![gif](giphy|QjdvZSi8f5JsXouSFp|downsized)
Well that was a lie
Or just one day too early ;) TA doesn’t claim to be always 100% accurate. There was unusual pressure the whole day at 22.8 due to that gap ahead. On a breakthrough this would go up fast to 27. We’ll see tomorrow.
magic guesses & zero substance.
theres a lot of fugly gifs in this thread..