$LOW - Great pattern here - possibly entering calls within the next few days. I hold them LONG in my portfolios.
OK lets chat about today/this week for a moment. First, I am almost 100% convinced that $SNDL and $TLRY and some of the other weed plays were nothing but pump and dumps by the MM's and big suits to get back at retail for all the $GME and $AMC stuff. I'm not trying to be a conspiracy theorist or anything - but you mean to tell me that we so quickly disappeared...
No feedback. Just posting for observation and a reminder to all of us that we battle not against each other, but against the MM's and hedge funds.
Trending on Twitter. Trending on Youtube. On CNBC. On other media outlets. Yep it has all the hype in the world right now. It's also up a million percent and there is nothing wrong with taking some profits. Best way to play a stock like this: 1. Identify support and resistance. 2. Scale in, don't load the boat right away. 3. Take profits either by scalping...
Trending up on all indicators: 200MA 9EMA Stochastic RSI MACD Squeeze But trending up on the biggest indicator of all - The ARK indicator. They are loading up on this company. Im trying to figure out how I want to play this - I have some commons in my long term, but I like the look of some of the 02-19 and 03-19 calls. Adding dips and holding on for the run.
$VOo -LOOK AT THIS CHART. WOULD YOU JUST LOOK AT IT! Im posting VOO because it is one of my favorite long term investment holds. Every portfolio should have some Vanguard funds in it, and especially should have the VOO . But look at this. Look at the dip and rip from March 2020. Its now up almost 80%. And it will be up 80% soon. Don't freak out because of a...
The latest addition to the ARK squad! $APPS 200MA turning positive. Good for the long term buyers like myself (I do have long positions but they are in my portfolio so I am NOT day trading this stock) 9EMA trending down, perhaps showing a bounce of the .618 fib retracement line. After that, look for another test on the .786 line with the possibility to gain...
$BNGO - $ARK rumored to be buying shares. I am loading calls for the rest of the year as we see dips. Although right now, the stock is very solid and I don't know what type of "dips" we shall see. Stochastic, MACD, and Squeeze showing a possible uptrend coming. Also the 11.62 fib retracement level acting as a nice support.
Starting to see a shift in momentum from $GME and $AMC. You can blow up my comments all you want. But I am preparing for whats to come next. Call me paper hands or whatever. I made a killing on $AMC and did good on $GME so I am fine with my profits. NNDM - As you know if you've followed me, this is one of my favorite stocks. I love the company from a...
I am in this just because of the gigantic gap. Target is $4, with a chance (if it gets volume) to run up close to $6 which is where the last offering was. No reason to do a bunch of DD or anything on this -I am simply playing the chart. Its going to run or its not....Stop loss during market hours, keep alerts on it during after hours. TRADE YOUR PLAN. $CRBP
Listen as a trader you have to make sure you are ready to adapt to changing market conditions at a moments notice. As a full time trader, you have to make sure your butt is in the seat sun up to sun down when we get a week like we had this past week. And listen friends - its only just begun. I don't think this is the "new norm" and we see runners like this all...
Textbook long setup. Will be taking calls this week, looking for PT of high $40s in the next few weeks.
Alerted to this by Finviz wedge pattern scanner. Will add to watchlist and see how it reacts over the next few days to the potential fib levels.
Playing hype on this. As much as I would love to see Blackberry make a comeback, I don't know if I see it happening. And I am a HUGE fan of the blackberry lineup but to play catchup at this point seems like an impossible hill to climb. Here is what we are dealing with: 200MA curling every so slightly StochRSI flat but if you look at just the RSI factor it is...
We played this a few times on Friday - held a small amount over the weekend but the bulk of my trades I scaled in large around 1.06 and scaled out up to 1.65ish. Analyst price target of $9 caused this to run on Friday. I am *hopeful* that we get some more eyes and volume on Monday because it certainly needs it. The Friday AH did some damage, with little...
Trying new systems. I am someone who is always messing around on the weekends and probably should stop doing that as often. But to be honest, I scrapped my EMA strategy and now I am trying to perfect something for me. Indcators: 200MA - Notice it running directly in the middle of the fibs and most recently turning on an uptrend. StochRSI has also confirmed...
Blew everything up. I was a triple EMA guy for a long time, but it's not producing results like it used to. So I used my sick day to do some research and landed on this new strategy and I am excited to start using it. 200ma to confirm trend - Stochastic RSI combo - TTM Squeeze. I also have the option of turning on the custom indicator "ultimate moving average"...
Ok guys and gals - I am off for a few days, yesterday I got hit with what I can only describe as the worst flu I've ever experienced. Completely out of nowhere too. Went from healthy to sick all within 30 minutes. Im stil weak and tired and my brain isnt back to normal yet, so im taking one more day off and hope to return back to normal with charting...