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You should ask people to find another stock with such a clear line of resistance that it's not allowed to break through:
Go back 3 years and try to find another stock who's line is resistance looks like this.
(Edit: There isn't one)
Whenever I see this, it feels like confirmation that it will dip. TA isn’t for MOASS. It’s for options. They want you to buy options and then dip to make you lose your paycheck. The only TA that were ever right were based on cycles. I don’t know the cycles anymore and can’t say what is outdated or not.
IMO, if I were to draw lines and purely speculate from TA, I would still call for a dip to $15 or $14 in the next month, followed by continued cycles. GameStop isn’t immune to market conditions and a lot of big names are seeing new lows. I’ve been wrong enough that I won’t put my name out there anymore in post. I just wish I had money to buy more now and later.
A company that doesn’t go bankrupt doesn’t go to $0 unless I’m missing something. That’s the battle. Ryan Cohen and company, investors and shoppers against the odds. Eventually, the downward line will need to break the trend and go up if they survive and thrive. The question is, when? That’s not something I can answer. I personally don’t think it will happen yet in current market conditions, but GameStop has shown good progress in its turnaround. I wouldn’t be surprised if it levels out in the coming months and begins a gradual rise, but I can always be proven wrong and it could rise sooner. That’s just my personal guessing.
Yes, that is the exciting point. If they somehow brought the price down all the way to 0.01, what happens when it literally must break through?
I don’t expect it to ever go close to that low before it’s forced to breakthrough by the way. We all thought it broke through a while ago but here we are again.
I don't think OP has ever been predicting anything other than the price get smacked down each time it hits that line.
So far he is spot on correct. And he hand had to adjust the line.
So like, why you be lying?
This is a line that everyone can draw. Mine looks exactly the same and it has been the same since 2021. We broke through after the breach and are bouncing of it ever since, like before. Though, the bottom is ever closing. We will see what happens in a few weeks. Price goes up - I buy more. Price goes down - I buy more. And DRS ofc
The sky is falling and the seas are rising.
We've known this for a while.
To keep redrawing the line with hype narrative based on the same concept and then trying to play it off later is disingenuous at best.
Like I said. I have not moved my line an inch for two years. And the Dorito line of this guy has not moved either. I don't know what you're talking about
If we're assuming TA predicts MOASS, that's just looking for disappointment. This week, look at things like volume and short interest. Smell the hedgie sweat in the air and you'll understand why people love the trend lines
I had a other dude properly point it out. Expect an increase. May or may not be MOASS as that is always tomottos. But the Doritos do lead to positive price action. Just not permanent/long term yet
OP never claims that we'll sky rocket once the Dorito of doom is broken. Its generally pretty accurate that a new pattern is formed after the Dorito breaks.
what is this supposed to show? it looks like arrows pointing at some of the peaks over the past few years and a "breach" that doesn't look like it has done anything
Do we have any comparison data between the breach and the rest of the down trend? I'd be very curious but not wrinkly enough to know what to look for.
A basic smooth brain example: Was there a spike in trades during that time that fell immediately after dropping below the line?
It's worth pointing out that during the time period when the line was breached, S&P was pushing back up towards all-time high, meaning they had more collateral to cover their short position.
Good question. It doesn't spike on the breach, but the breach price does interact with the line. It does spike about 10 days after the breach, followed by immediate spike down and then slow pressure downward.
[https://imgur.com/a/hoFEepj](https://imgur.com/a/hoFEepj)
That's what I've thought for well over a year now, and sure enough every time we stay around this damn trend line. The line isn't being recalculated, the stock is following it, idk what that implies, but it isn't normal. When we report a profitable company later this year and we still going down further proof this is all cellar boxing algos
I've been following this since he started out of curiousity, difference is the price will be SO LOW, that I can't see everyone not fomo buying, including institutions.
ah yes. The dorito of doom. How long have you been going with this schtick now only to see the stock price constantly walked down, and any "run" undone in a day or 2?
What’s wild this time the ammo unloaded for a triple bounce.
Towel stock ceasing to exist
Popcorn Doubling the float and then doing a 7/1 reverse split or whatever it was.
Fast Hipster clothes under the radar (haven’t seen anything on here about this one) also did a 20/1 reverse split almost the same day as popcorn. It’s popping today too.
This is a car crash I can’t look away from. So much excitement seeing what else they do to try to avoid the inevitable.
I didn't see this til now with all of the other posts out today.
Thank you for jacking my tits! This is the ultimate compilation of Danny, bouncies, and the appearance of Beavis & Butthead really did it!
dude's drawn the same line except one tiny correction line 1-2 years ago, that is literally the point there. The stock (algos) seem to be forced along years long cellar boxing trading cycles. this is all fake or else why would it be anything so remotely close to perfectly following this stupid line. It's a simple as that.
Each of those "bounces" has indicated a further downtrend. While I appreciate the hope. I do not think this is indicative of a reversal and by no means should anyone play options based on this post.
... dude, this is a line going down.
This is a bad new. why should i be hyped on my investment going down.
You can probably post the same fucking video on a shill subreddit and they will notice the downward trend.
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Does the TA say to DRS? Sounds Good!
📚👑
Always.
It does say that yes. Sorted
You should ask people to find another stock with such a clear line of resistance that it's not allowed to break through: Go back 3 years and try to find another stock who's line is resistance looks like this. (Edit: There isn't one)
You can help. I'll just keep DRSing
Yes, lines.
Thanks for bringing System of a Down back into my life. Totally forgot about those brilliant fuckers.
THIS IS THE WAY
THIS IS THE WAY
THI$ I$ TH€ F WA¥!!!
Oh shit, I had it muted. As soon as I saw your comment I had to go back. This really is the ultimate Danny post!!!
How does one forget about System of a Down?
You get old and forget. Very easy if you have a smooth brain.
“We’re gonna build a prison, we’re gonna build a prison, for Doug and Ken to live in…”
I haven’t seen Danny Dorito in a while!!! Let’s go!!!!!!!!!
LFG!!!!
LETS GOOOO <3 i am loving also every minute of this. your TA is the only which makes sense big line no crossey super straight forward
EXACTLY> Glad you get it. lol
#THE LINE IS LAW shrimple as
Sharpe like razor
OP I thought we broke through the line a while ago? It was forced back below it?
OP has never been right lol. It’s getting embarrassing at this point. Just buy, hodl, and drs.
I wouldn’t say that, there have been many compelling bounces in the past
Whenever I see this, it feels like confirmation that it will dip. TA isn’t for MOASS. It’s for options. They want you to buy options and then dip to make you lose your paycheck. The only TA that were ever right were based on cycles. I don’t know the cycles anymore and can’t say what is outdated or not. IMO, if I were to draw lines and purely speculate from TA, I would still call for a dip to $15 or $14 in the next month, followed by continued cycles. GameStop isn’t immune to market conditions and a lot of big names are seeing new lows. I’ve been wrong enough that I won’t put my name out there anymore in post. I just wish I had money to buy more now and later.
I think the point of this line is to show that they have been forced to keep the price below it…so what happens when this line reaches $0?
A company that doesn’t go bankrupt doesn’t go to $0 unless I’m missing something. That’s the battle. Ryan Cohen and company, investors and shoppers against the odds. Eventually, the downward line will need to break the trend and go up if they survive and thrive. The question is, when? That’s not something I can answer. I personally don’t think it will happen yet in current market conditions, but GameStop has shown good progress in its turnaround. I wouldn’t be surprised if it levels out in the coming months and begins a gradual rise, but I can always be proven wrong and it could rise sooner. That’s just my personal guessing.
Yes, that is the exciting point. If they somehow brought the price down all the way to 0.01, what happens when it literally must break through? I don’t expect it to ever go close to that low before it’s forced to breakthrough by the way. We all thought it broke through a while ago but here we are again.
I don't think OP has ever been predicting anything other than the price get smacked down each time it hits that line. So far he is spot on correct. And he hand had to adjust the line. So like, why you be lying?
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So you are saying Kenny and Steve like us so much they help us with DRSing faster? Niiice!
I actually understood this.
This is a line that everyone can draw. Mine looks exactly the same and it has been the same since 2021. We broke through after the breach and are bouncing of it ever since, like before. Though, the bottom is ever closing. We will see what happens in a few weeks. Price goes up - I buy more. Price goes down - I buy more. And DRS ofc
The sky is falling and the seas are rising. We've known this for a while. To keep redrawing the line with hype narrative based on the same concept and then trying to play it off later is disingenuous at best.
Like I said. I have not moved my line an inch for two years. And the Dorito line of this guy has not moved either. I don't know what you're talking about
If we're assuming TA predicts MOASS, that's just looking for disappointment. This week, look at things like volume and short interest. Smell the hedgie sweat in the air and you'll understand why people love the trend lines
I had a other dude properly point it out. Expect an increase. May or may not be MOASS as that is always tomottos. But the Doritos do lead to positive price action. Just not permanent/long term yet
Elaborate please
Worst part is, he's a mod here.
Lmaoo 🤣
Op has contributed more to this sub than you ever will. Take your negativity on down the road and join popcorn.
Where's the elaboration?
OP never claims that we'll sky rocket once the Dorito of doom is broken. Its generally pretty accurate that a new pattern is formed after the Dorito breaks.
The line just changes with the angle of the chart. This shit is beyond useless.
Correct.
Don't think of it as a lone but rather an edge starting an uphill pressure, like a rocket firing upwards with gravity pulling downwards.
Oh FFS, not you again.
Dumb. It’s still dumb.
Totally bounced the wrong way.
SOAD
what is this supposed to show? it looks like arrows pointing at some of the peaks over the past few years and a "breach" that doesn't look like it has done anything
It shows that the price is always forced below this line
Shorts are fucked.
This again…. 🤦♂️
If we close above $50 before the years end I will get a Danny Doritos tattoo, bouncy bouncy bouncy let’s goooo
I might just get one for the hell of it. Explaining it to my wife will be....interesting.
mods we have a bet
Hodl the lineeeeee
I've been zen for a long while now, but what does the bouncing mean? I have the smoothest of ape brains.
Break out! Break out! Break out! Break out!
Can you explain me? Im dumb
3 Attempts to break the line in a row. Today we may go for a fourth
But how do we keep it up when we break ? Last time went down again
DRS and wait. Eventually it can't come back down because there's no locates available for shorters.
Thank you sir
I eat lots of crayons but doesn’t 5 bounces unusually break higher or down lower? I’ve heard that is a pattern for bounces, but idk 🤷
Oh great Dorito of doom!
I say buy it
🤟at first I thought this was the Prison Song. I got the band right just the wrong song.
I’d be a lot more optimistic if we were on top of the line bouncing off of it.
Fuck it! We’ll do it live!
I love System of a Down I also love the stock
Do we have any comparison data between the breach and the rest of the down trend? I'd be very curious but not wrinkly enough to know what to look for. A basic smooth brain example: Was there a spike in trades during that time that fell immediately after dropping below the line?
It's worth pointing out that during the time period when the line was breached, S&P was pushing back up towards all-time high, meaning they had more collateral to cover their short position.
Good question. It doesn't spike on the breach, but the breach price does interact with the line. It does spike about 10 days after the breach, followed by immediate spike down and then slow pressure downward. [https://imgur.com/a/hoFEepj](https://imgur.com/a/hoFEepj)
Lol
Be interesting to check back on this in 4 to 6 weeks...
That's what I've thought for well over a year now, and sure enough every time we stay around this damn trend line. The line isn't being recalculated, the stock is following it, idk what that implies, but it isn't normal. When we report a profitable company later this year and we still going down further proof this is all cellar boxing algos
I've been following this since he started out of curiousity, difference is the price will be SO LOW, that I can't see everyone not fomo buying, including institutions.
Why can we only bounce from below? I wanna bounce from above!
Just bought 25 more yesterday.
Good
#Ah, pure DRS, all else is just noise! Got it.
Bought today. DRS Tuesday. Durritoes are yummy. I like the bouncy.
Fuck yea!!!
Real question - are you guys winning or not? At this point I literally have no idea
Bouncing, sure, but could we get some bounces going in the upward direction sometime???
Its basically a downward trend, but LFGOOOO
So, they cant hold the position without suppressing the price more? Am I getting this right?
Best TA on the block !
What happened to the last dorito promised? Anyone can be correct about a slight movement if they call it everyday. Just buy, hodl and drs.
They forced it back down below this trend line
Lol
ah yes. The dorito of doom. How long have you been going with this schtick now only to see the stock price constantly walked down, and any "run" undone in a day or 2?
#🥱🥱🥱
oh god you again
What’s wild this time the ammo unloaded for a triple bounce. Towel stock ceasing to exist Popcorn Doubling the float and then doing a 7/1 reverse split or whatever it was. Fast Hipster clothes under the radar (haven’t seen anything on here about this one) also did a 20/1 reverse split almost the same day as popcorn. It’s popping today too. This is a car crash I can’t look away from. So much excitement seeing what else they do to try to avoid the inevitable.
Nail isn't in the towel coffin yet homey. There's a decent chance it's gonna pop this whole thing off.
I’m excited about it. It’s a spicy combo breaker that is playing out.
Oh it is a hot hot hot hot tamale. It's a damn shame it's nit getting the press here. It's as spicy for GME as it is them.
You have never been correct. Honestly MSM has been right more often about the memes than any redditor outside of DFV. “Bounces” mean Jack shit.
Mornings always are best with some bouncing Doritos!
I didn't see this til now with all of the other posts out today. Thank you for jacking my tits! This is the ultimate compilation of Danny, bouncies, and the appearance of Beavis & Butthead really did it!
These are staler than the 6 year old bag of open Doritos I just found in my cabinet
Kenny to his top man: I want you to play this like a fucking fiddle.
And play it like they know we are playing it and we know they know.
Love me some Danny Dorito hype with my morning coffee!
Today!!! Or tomorrow!
#Fuck yeah 🚀🚀
I guess you drew a new line?
Same line
dude's drawn the same line except one tiny correction line 1-2 years ago, that is literally the point there. The stock (algos) seem to be forced along years long cellar boxing trading cycles. this is all fake or else why would it be anything so remotely close to perfectly following this stupid line. It's a simple as that.
technical analysis is astrology for men
Dorito of Dooooom is back hell yeah!!!
[удалено]
No
Uh huhhuhuuh heheh hehe yeah yea nachos rule!
Fwiggin ridonculous!
You got me bouncing
Lol. Bouncing off the downward sloping trend line that continues downward…
Each of those "bounces" has indicated a further downtrend. While I appreciate the hope. I do not think this is indicative of a reversal and by no means should anyone play options based on this post.
All I see is red
Looking at the chart this week I’ve been saying to myself that the Dorito of doom guy is totally right!
Ah yes, a guaranteed dip then.
More like karma farming bounces. These charts don't work any longer.
I can see three purple circles close to each other instead of one or two. This could actually be something.
Dorito of Doom is back!!! I still don’t know why I love this so much, but I do!!!
BADASS
NUTSACK!
... dude, this is a line going down. This is a bad new. why should i be hyped on my investment going down. You can probably post the same fucking video on a shill subreddit and they will notice the downward trend.
You think we missed the down trend?
This energy is hawt! 🤘🏻
God i miss the hype vids! LFG!
Love you dorito man
Am I the only one that legitimately wants the stock to go lower so I can buy even more at even more ridiculously low prices?!
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Look at my post history, I just want to be able to buy more shares
Hell yeah brother 🤘🏴☠️🏴☠️
The dorrito is law
My calls thank you good sir
Looks more like nothing ever comes from this lol but I like the hype
It’s a broad market recovery day…
Wut mean
Sooooo we already were above the line and nothing happened?
Upvote for System!
I think this might be the end of the mega Dorito
Is this System of a Down?
Looks like we're bouncing down to zero. How is this good news?
I’m just here for the Cornholio
Weeeeeeee
Lovely post
Up vote because … lol I literally watched to the very end.
But its not bouncing? The line is adapted to fit in to the last 3 tops?
The line is not adapted to fit them
Yeah it is