Hello, fellow apes!

Gherkinit here with another look forward at upcoming technical events, market fuckery, and some spectrum colored crayons.

This week I want to go over upcoming technical indicators and take a look at some things I've noticed happening over this last week, such as, disappearing volume, lying little boys from Bulgaria, and the apparent effects of inflationary naked short selling.

As always later tonight I will post a consolidated Video DD of this on my YouTube for those of you that don't have the time to read through this.

Edit 1* Tomorrow before 6pm Eastern.*

Part I: Wedges, Indicators, and Charts

Section A: The Pennant, MOAW, or big ol' titz jackin' triangle

First thing first the one everyone is always asking about the previous descending wedge/bull pennant indicator that we have been looking at for 2 weeks now. This formation was adjusted after the week of 5/3-5/7 as I believed there was a false breakout due to GME's market valuation being fundamentally changed by the sale of 3.5M shares at $157. This week the price broke out and appears to be using the upper resistance of the wedge as support. Here is where it is currently on the 4-Hour chart.

Breakout on the 4hr Linear Chart

The floor of 157 proved mostly true this week as we only went below it briefly on the intraday Tuesday and Thursday. We did not stay below for long. I continue to see 157 as being a very strong support trend moving forward as I believe the buy side is actively looking to purchase under that price point.

Since the shorts are so fond of kicking the can down the road, I don't see why they should have all the fun. I don't want to change the fundamentals of the pennant but do realize it can be more accurate. So let me introduce you smooth brains to the logarithmic scale chart.

Without going to much into log scale and why it's used, I will say the manner in which it shows data is better for a stock like GME that has undergone drastic changes in price over the period we are viewing and thus presents a more accurate view of technical indicators.

If you want to know more about log vs. linear, check out this article.

So here is the same pennant, drawn at the same angle on a log chart.

[4hr Pennant on log chart](http

How can you not love this guy? The Tweet

Now this guy is genuine. He has got me waking up at odd times in India just to watch him play. And the personality is just wayyyy too enjoyable.

I'm going root for him wherever he plays.

I’m cringing reading my the beginning of my title lol - whatever. Just tell me anything game related! BUT uh right now I am playing League of Pain-legends, modded Minecraft (looking forward to hypixel’s game Hytale!!), Beat Saber - andddd that’s all I’m playing right now. I have a lot of games I don’t touch lol. I use to play way too much Overwatch and spend way too much on the Sims 3 and 4.... x_x What about you other elite gamers?

No traditional/cliché answers like "flowers," please. Make it interesting/humorous. :)

I went from browsing memes on Instagram for maybe an hour or two a day to spending 5-7+ hours on reddit every single day, weekends included 😬

I am literally addicted to DD like it’s crayola infused crack, I can’t wait to take my tendies and go for a hike or some shit. Don’t get me wrong i’ll stick around because our bond is stronger than our diamonds hands 💎🙌🏻, but I’m really looking forward to the next chapter of life 👍🏻

Anywho, I love you apes and I really hope there’s a safe way for us to meet up post squeeze, I can’t wait to hear about all the awesome things you all are gonna be doing 😁

Peace ✌🏼

p.s. I find the lack of rocket emojis on this sub disturbing, so

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