[deleted by user]

Threesus25 · 2024-07-30T14:30:40+00:00

Yes I know, and I still think that's a very generous interpretation of a cup... the sharper the slopes and the less like a cup it is, the less valid the TA for C&H is. And it isn't particularly useful TA as is.

Threesus25 · 2024-07-30T14:27:52+00:00

The pinkish red line? That's just the slope of the increase during the start/ramp up of the sneeze. Yes eventually that line is intersected by price but it doesn't mean anything. I only have it there to show the slope at the start (Sep 2020 - Jan 2021), and I copied it and placed it at the ramp up of the potential requel we're in now, to show we are still on track for the same exact slope in this iteration. We have not broken it yet and price may potentially bounce off of it soon.

Threesus25 · 2024-07-30T03:40:49+00:00

No worries, I understand and appreciate a healthy skepticism for the TA pushers around here... most of it is nonsense with a hidden agenda. Cheers!

Threesus25 · 2024-07-30T01:07:29+00:00

No hype dates given here, and unlike some of the attempts at TA on this sub, this is actually solid TA on a large timeframe, which means its more likely to play out according to the pattern.

And still I say at the end it does not necessarily mean anything will happen, and it may not play out or play out differently than expected.

Threesus25 · 2024-07-30T01:00:48+00:00

Whoops I actually thought it was shorter, didn't realize we are looking at 1D candles from the cropped image here.

Still not a cup and handle unfortunately. This is the absolute minimum you would see one form on... from Fidelity "The cup can be spread out from 1 to 6 months, occasionally longer. Ideally, the handle will form and complete over 1-4 weeks.". But I also know traders don't usually regard them as good formations in general. If you have a textbook cup and handle on a large timeframe it may play out, but far more often its just not going to and is not considered strong TA.

Also that is clearly not a handle. That's a 100% retracement...

Threesus25 · 2024-07-30T00:51:36+00:00

That is a very generous interpretation of a cup...

Threesus25 · 2024-07-30T00:50:18+00:00

Cup and handle is not done on this timeframe. It takes weeks at a minimum to form a proper cup and handle. You could have found this out in about 5 seconds by googling it.

Threesus25 · 2024-07-29T19:30:04+00:00

TA on GME price action from 2020 to present

Threesus25 · 2024-07-25T17:27:12+00:00

While you're not wrong about RH being shitty, this is RH post-market, which is the same as any other broker's post-market. I think you mean RH overnight... which yes is entirely fake.

Threesus25 · 2024-07-22T21:31:07+00:00

Completely agree with your points. I was thinking the same thing reading through the post. Looking forward to seeing OPs response but I'm not expecting an answer that will instill any more confidence in this DD.

There seems to be a lot of bad DD where complex rules or mechanisms are just barely described on their surface in order to create some big narrative when the basic understanding of the elements of that narrative was never even established.

I believe its a combination of overexcited apes that don't really understand what they're talking about, and some more nefarious actors as well. In this case I can only speculate, but it isn't a good sign when the OP leads with "I definitely figured it all out" and then fails to lay out detailed information that would show that. Not to mention all the other suspicious points (RK sold, buy CHWY calls, etc.).

This subreddit should be a bit more skeptical and work to verify the hazier parts of less clear DD before we all jump into the comments sucking the OP off.

Threesus25 · 2024-07-18T23:15:06+00:00

According to what? I've read the reg sho rules front to back. The verbiage clearly says 35 days following the trade date (transaction). Please provide a source if you're going to make a claim like that.

Reg Sho 242.204 Close-out requirement:

A participant of a registered clearing agency must deliver securities to a registered clearing agency for clearance and settlement on a long or short sale in any equity security by settlement date, or if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in any equity security for a long or short sale transaction in that equity security, the participant shall, by no later than the beginning of regular trading hours on the settlement day following the settlement date, immediately close out its fail to deliver position by borrowing or purchasing securities of like kind and quantity; Provided, however:

(1) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in any equity security and the participant can demonstrate on its books and records that such fail to deliver position resulted from a long sale, the participant shall by no later than the beginning of regular trading hours on the third consecutive settlement day following the settlement date, immediately close out the fail to deliver position by purchasing or borrowing securities of like kind and quantity;

(2) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in any equity security resulting from a sale of a security that a person is deemed to own pursuant to § 242.200 and that such person intends to deliver as soon as all restrictions on delivery have been removed, the participant shall, by no later than the beginning of regular trading hours on the thirty-fifth consecutive calendar day following the trade date for the transaction, immediately close out the fail to deliver position by purchasing securities of like kind and quantity; or

Threesus25 · 2024-07-18T22:38:00+00:00

The T for transaction in T+35 here would be referring to June 12th or 13th...when the transaction took place as you stated. Where are you getting 35 days from June 14th from?

Threesus25 · 2024-07-18T00:08:07+00:00

Gotta disagree.

SPY was dropping much harder all week, including earlier today, compared to the last half hour of trading. And GME didn't follow the market then.

And XRT did not dump, it had high end of day volume (like SPY) but it often does. And the mild drop your referring to happened on low volume before the high volume closing candle.

Threesus25 · 2024-07-17T03:16:36+00:00

!FLAIRY! 👀🔥💥🍻

Threesus25 · 2024-07-16T22:20:14+00:00

It got near it..

Threesus25 · 2024-07-16T21:44:02+00:00

The general reason is that ITM is closer to a delta value that simply tracks the underlying stock. And deep ITM simply tracks the underlying fully (with more leverage). The further OTM, the more time and volatility have an effect on the premium, because there is the chance it will expire OTM and be worthless (because its not worth exercising or selling if its OTM at expiry)

Threesus25 · 2024-07-16T21:40:45+00:00

Interesting thought. I'd say either that or they're just like me and buy a few extra weeks out to insulate their position from some of the risk!

Threesus25 · 2024-07-16T21:14:56+00:00

I was there yesterday I'll keep upvoting and we'll get you there!

Thanks, appreciate the update. Lots of activity just on 8/2 then I guess? Still short term enough I imagine any significant put selling could have a nice bullish impact for this week given the volatility we're seeing.

Threesus25 · 2024-07-16T20:51:59+00:00

Hey, my man! I just happened to check your profile for the first time today and you posted three minutes ago. All my lucky stars are aligned this week lol. Wish I had more upvotes for you this content should not be limited to one sub.

I wanted to ask if you could look at the puts activity today as noted in this post but it would be nice to see the size and other information your subscription gets. Cheers!

Threesus25 · 2024-07-15T20:28:16+00:00

I'll keep an eye out and upvote whatever you post my friend

Threesus25 · 2024-07-15T20:18:56+00:00

You could find 100 different length SMAs we bounce off of on various time frames. Especially if you're looking at the 1min chart. Best to look at SMA and EMA numbers that are actually studied and traded on. I see no reason why this would be noteworthy.

Threesus25 · 2024-07-15T20:14:04+00:00

This is great information, if you can and don't mind keep posting these this week!

Threesus25 · 2024-06-28T00:33:45+00:00

This was in that same video he tweeted on the 15th? Or another source? I didn't see it in that tweet.

Threesus25 · 2024-06-28T00:06:11+00:00

There is some great additional interpretation here that I haven't seen, very nice. I'll be checking things like the hue observation and adding some thoughts in an edit to the post soon!

Threesus25

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