blakeparr

blakeparr

i have no idea where this is going. never seen a stock go red to green so many times in one day. just thought it would be funny to post an aggressive claim with no evidence. Bullish. I guess??? In reality, hoping to see 33 tomorrow so I can drop this as fast as possible. Not holding over the weekend unless air travel miraculously becomes abundant in the next 12 hours.

blakeparr

If we completely ignore the news, the graph of QQQ seems to be recovering quite nicely. For a technical trader it's extremely optimistic. Then, if you look at any sort of news, this trading at Jan 2020 levels seems absolutely insane. Both sides have good cases, but I am going to choose to ignore each of them. The indexes are beyond unpredictable right now (see GDP...

blakeparr

Intel reported earnings Thursday night and opened 5% lower on Friday. Since then, it has had some trouble with resistance, but it's holding up pretty well. Hoping to see a breakout to around the 52 week high if we can get some bullish divergence in the MACD. $70 calls for mid May. Don't plan on holding until exp.

blakeparr

Amazon has skyrocketed, taking the S&P with it. But what has Amazon done in the past in these overbought situations right before earnings? Every time the RSI has been at this level in the past couple years, the stock has corrected when the earnings came out. Granted, it has rallied back extremely well every time. I expect a dip this time for sure, especially...

blakeparr

DJI and NASDAQ have both showed extreme volatility today. Neither one can seem to hold a price. Next week has many, many more earnings coming out, and it is my personal opinion that the influx of financials will cause QQQ to lose the already slipping grip it has on it's current price point.

blakeparr

My previous was hopeful. This uncommon consolidation could be a good or bad sign. No increase in investment until a trend is more clear

blakeparr

Day traders selling out after a bounce back from a near 52 week low RSI. TVIX still remains green on the day with decent volume. Should see a move soon. Note: I am aware that the vast, vast majority of people that trade this are day traders and scalpers. Personally, I'm looking for couple day bounce of 50-100% (see October '18) Note 2: If such a bounce does...

blakeparr

First day to be noticeably reversing recent downtrend. Watch for a break in 50 day MA. Short term holding due to volatility. Hold as long as you want, but I'm gonna take my 20-25% and run.

blakeparr

Broke straight through all kinds of support for a 2 year low. Sounds like a bargain swing trade to me. RSI at about 5 - ridiculously oversold.

blakeparr

RSI is getting dangerously close to 20. We all know what that means. Also, they are in one of the best - if not THE best - industry right now. Long to $30.

blakeparr

Price range has had very low movement for weeks. Goldman itself has the equivalent value of trash right now but has refused to move down. Only a matter of time. Finally gave in and got it short. I can wait.

blakeparr

Bottoming out at bottom of trend line. Should see resistance and a boost with upcoming earnings speculation.

blakeparr

SNAP is rising on buy ratings from multiple popular analysts. The company is in huge debt, has never made a profit, and has no profits in sight. Love the app, but the stock is wildly overvalued at a 25B market cap. Watch for a pullback. It will be hard and fast.

blakeparr

High consolidation around .9 I've got it long.

blakeparr

No chart tools necessary. Bounced off the 52 week low, and is back to the bull's.

blakeparr

Up 4% after hours already. Possibly double digit percentage gains within 30 minutes of market open. Highly volatile position. Hits a hard bottom and shoots up. Then comes right back down again. I've got it long with 30% of my portfolio. Sell point: 7.3; sell stop placed if breaks 52w low resistance