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🚀 BB, (are you still going) to the 🌝 BABY 🚀 ????????? (UPDATED POST)

Yesterday's 🚀 BB (still going) to the 🌝 BABY 🚀 Post

SG Read (6/2 – 6/3)

  • 15.7972% call total increase.
  • 38.4203% put total increase (bearish indication)
  • 22.9069% total gamma increase (bearish indication)
  • Hedgewall increased to 12
  • Upper hedge band increased to 40
  • Key gamma strike increased to 15 (support)(works as a magnet)
  • 31% of total gamma expires tomorrow (The stock may pin to large gamma strikes as the date approaches the large expiration date.)
  • 31% of total delta expires 6/18

https://preview.redd.it/34lhxxibd4371.png?width=6824&format=png&auto=webp&s=359fcaca24a350ca0b3cffe3bcd722e232f5e8e2

Volume

  • Surpassed Dec. and Feb. highs

https://preview.redd.it/iucsoajoh4371.png?width=1710&format=png&auto=webp&s=bbf2621fb224614d66c770ea01e3923799aa4ccb

2021-06-04 (w) Naked Shorts

  • Sorted by highest open interest
  • Highlighted other notable strikes based on volume

https://preview.redd.it/sw5ufyswq4371.png?width=1664&format=png&auto=webp&s=31d6508046311eb389eb5ce44874751710780f8f

Put/Call Ratios

https://preview.redd.it/gmfxyi9nq4371.png?width=2330&format=png&auto=webp&s=2e63779e2aa91a849b925033cb06937c10bc49c6

TA Recap

Yesterday's Chart

Yesterday's Post

Yesterday's post

  • Bullish 🎯 hit 18.32 – 18.76
  • Topped out at 20.17
  • Short term support held
  • Resistance holds true

Updated Chart with today's price action

https://preview.redd.it/kltjxdtrb4371.png?width=7094&format=png&auto=webp&s=092d0d28bbff0bd50ff4f37889ab09ccb1fd4b43

65m RSI

  • Bounced off 50 line
  • Bulls need break 60.16 – 66 – 80
  • Bears need <50 – 43.12 – 35.63

https://preview.redd.it/p3iretyvm4371.png?width=7094&format=png&auto=webp&s=28368f32ed87de143e4d56368fd409328dfd16d3

6/4 Outlook (rinse and repeat)

  • Short term support @ 15.26 – 14.60
  • Major support @ 13.70 – 12.83
  • Resistance @ 15.96 – 16.66
  • Bullish 🎯 – 18.32 – 18.76 – 20.79 – 24.30 – 25.48+
  • Bearish 🎯 – 12.04 – 11.24 – 10.45 – 9.47

Bullish Pendant?

  • for pattern to be viable, BB needs to pass test @ 17.53 – 17.03 and hit 🎯 19.01+

https://preview.redd.it/vvnuc69to4371.png?width=7094&format=png&auto=webp&s=e1711106d9db8b7300687da7898370c090dd0249

Master chart

https://preview.redd.it/osntajqap4371.png?width=7094&format=png&auto=webp&s=b81566606e7af74ad9437e9a5971d9113e22bcca

Thanks for reading,

NightMan

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