Apron
$APRN Looking Expensive. Elliot-wave + RSI DivergenceDoing wave tracing and it seems we are about to hit the third leg of the Elliot correction wave Considering how steep our A wave was, it may get very bloody. From an RSI divergence standpoint, we also look like we could be in for a decent retracement off the recent gains.
AprnI always let myself get distracted by big cap, but there are a lot plays to be made out there. This chart is screaming. Keep an eye on SPY and VIX. Manage your risk
Blue apron aprnMakes shitty food. But ceo bought 5$ mill Shares last Friday. Technically looking long and strong
When you lose more than 90% of your money overnightLogging this before it gets removed from everywhere and vanishes forever.
100% guarentee if this was a "the future" tech stock they would have found enough fools to push the price up and let them survive at least another decade...
Blue Apron is a garbage unprofitable company with stupid ideas that launched an IPO in 2017 because they desperately needed money to survive since they cannot cut their losses and move on "we can do it never give up we will show the haters that is what they said about Amazon (no not really + most successful entrepreneurs failed many times and no one cares capitalism only rewards them the 1 time they succeed and forgot about all the fails)" (let's keep the gangrene running a little longer because reasons).
This is why you do not buy in a downtrend with no support...
