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TA UPDATE: T+35! is it real?
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alright so im finally back with that update i promised y’all. i know its late but here it is. this will be long but it is for those who wanted a more in depth post.

T 35 is coming to an end.

as many of y’all saw on my previous posts my TA has been based off of the T 35 theory/requel theory. DFV bought his 4,000,100 shares about 33 calendar days ago (not including bank holidays). meaning saturday should be the 35th day so im going to assume this allows them to fill on monday.

how is the T 35 close out phase going to do anything? did they already settle the shares??

tinfoil on. I truly believe whatever MM or entity is internalizing these trades are doing so with algorithms as we have discussed for years now. i believe whatever entity that internalized this trade thought the algo would be able to short down the price before T 35 and make a couple schmeckels on top… unfortunately for said entity, a fuck ton of $30 calls were being bought up a week before T 35(😼?) causing the algo to flip and other hedgies/MM/entities to start hedging for those $30 calls causing a gamma ramp up to almost $30… and now we sit exactly in the range where dfv bought his shares(what i call the golden zone[GZ] as said in my previous posts). so what happens when the algos(which is already flipped bullish) gotta cover those shares as well at the same price, if not higher then where DFV had “purchased” them? BOOM whatever entity that internalized that purchase is going to get burned buying those shares back, especially when theres barely any real locates out there… along with many options running itm causing the algos to buy even more and more shorts getting burned in term causing a giant short-gamma squeeze as we saw in january 2021. the requel. and what if dfv posts an update sometime this week causing hype and fomo? then that internalized trade is really gonna be fucked… i doubt he’ll even have to do that tho.

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enough with the tinfoil algo analysis, lets get to the TA.

first things first… i will always have a bullish and bearish scenario when it comes to TA so please save it “with the you had 2 choices either way youre gonna be right”. better to have 1 right then none…

so for my bullish scenario:

as many of you know from my post yesterday, i said i believed thursday and friday we’d see decent moves up. i understand that is vague so let me clarify.

now that we’ve broken out of the ascending triangle, we are in a bull flag(15 min chart), which i believe between that and the Golden Zone[GZ] will act as a handle for the famous cup and handle pattern(1hr chart) now i do believe we will not stick in this zone very long due to T 35 theory but if my dates are somehow wrong we could chop in these zones the next two days but that wouldnt be decently bullish move up now would it? so what i think will happen is we could see a premarket/early morning rise up to head to the top of resistance followed by a bit of a drop down to then during market open/market hours retest and break that flag resistance and GZ resistance to then head up to around that $30 mark, if we break that i expect with high volume the next big resistance will be around 31.35-31.50. break higher and godspeed. so thats what ill be looking for tomorrow for my bullish scenario short term.

now for the bearish scenario(i am not bearish at all short term or long term, but cant be caught off guard.) :

as i stated in my previous post, my bearish scenario would be breaking below the golden zone support and heading back down to retest the first ascending triangle[A.T.](from earlier posts) resistance. that would be somewhere around 25.80. i really dont see that happening especially with us being in this flag now as well, one of those support levels will hold us up. and it would possibly mean the T 35 theory is a dud. but once again i believe this is the least likely scenario. how i would see it play out is we continue heading down in premarket after maybe a little pop, and then market open we begin to flush down for the day, it wouldnt look pretty at all but i believe we’d definitely hold up at that 25.80 level and possibly head back up.

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conclusion/TLDR;

In conclusion this is really the tell tale/end game for wether or not the 4,000,100 share purchase/T 35 is going to be the catalyst for the requel or not. i truly believe it is, and once again this is not financial advice im just sharing my thoughts. tomorrow i will be looking for a test of the golden zones and flags support and/or resistance and higher volume(35 mill ) we break the zones resistance up, i look for a move to around 31.35. we break down i look to bounce off of flag support but if not then 25.80.

Fridays TA and prediction will come tomorrow. thanks for reading! GME

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T Technical analysis doesn’t work on GME. We’ve been over this in the last 3 years

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