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#4,476
#4,476
Also note, SAVE hit 26mil volume today. I think it’s average is around 12-14mil per day, but back when it was running hard in June, it was hitting like 40mil per day. I believe it will have heavy volume for the next few weeks, which will help the momentum.
 
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#4,479
#4,479
mr.checkerboards said:
Not as bad as I expected. Not sure what to expect in the morning. Ive been reading on stocktwits the thought is it will gap back up
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My current position is 2,000 shares at 16.99, so I think I’m still green either way tomorrow. Even a 10% drop which is highly unlikely would take it to like 17.08. If I had to guess, it will run again, probably 8% or so on more vaccine news. Will more than likely hit $20, sell off on Friday and close the week around $19.20. Some sort of pump over the weekend and it would probably open Monday morning around $20.65, run a bit, and sell off before earnings on Wednesday.

🔮
 
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#4,480
#4,480
Thunder Good-Oil said:
SAVE put/call ratio is 0.249. That is awfully bullish. Up $3 from Tuesday morning. There's still a pandemic, right? I want to buy around $16.50 but it might not be there again for a while. It could drop 10% really quickly on the next bad market day.
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You’ll be able to catch a $16 after earnings I believe. Which is fine with me. I’ll happily ride the $16 to $20 train over and over and over again.
 
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#4,481
#4,481
Go aeiou said:
OTOH, I've owned F for years. Bought at 4 and sold between 12 and 16. Then rode it down to today.
I've seen one bad decision after another, and cars with crap quality.
They finally have an ev coming out, and are bringing back the Bronco. I feel good about them for the first time in at least 5 years.
It might be good to buy some to hold.
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I think you may be exactly right. It's just not what I'm looking for right now in this market. I think I'll get a better entry for a long position over the next few weeks/months for almost any stock I want to hold. In this market I'm looking for trades I can make with conviction. I remember @Thunder Good-Oil was looking at SAVE last week. I liked the chart then when it was holding the 50 dma in the 15's. I like it less now, although it still has some short term upside potential on a technical basis. Ford presented a nice base on the chart with headroom to the 200 dma along with the Bronco release. I bought Monday at the bell and planned to hold until Thursday or Friday, but it moved too fast. I think it may approach that 200 dma before it finds resistance, but I will be too busy tomorrow to watch it. I decided to take my $13k gain off the table rather than risk getting caught in a downdraft with a negative headline. I may be completely wrong, and it may run off and leave me wishing I held. I promise it won't be the first time, but I'm trying to be pretty selective with my punches right now until we get some more clarity.
 
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#4,482
#4,482
TheColdVolTruth said:
I think you may be exactly right. It's just not what I'm looking for right now in this market. I think I'll get a better entry for a long position over the next few weeks/months for almost any stock I want to hold. In this market I'm looking for trades I can make with conviction. I remember @Thunder Good-Oil was looking at SAVE last week. I liked the chart then when it was holding the 50 dma in the 15's. I like it less now, although it still has some short term upside potential on a technical basis. Ford presented a nice base on the chart with headroom to the 200 dma along with the Bronco release. I bought Monday at the bell and planned to hold until Thursday or Friday, but it moved too fast. I think it may approach that 200 dma before it finds resistance, but I will be too busy tomorrow to watch it. I decided to take my $13k gain off the table rather than risk getting caught in a downdraft with a negative headline. I may be completely wrong, and it may run off and leave me wishing I held. I promise it won't be the first time, but I'm trying to be pretty selective with my punches right now until we get some more clarity.
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Up $13k, take the money and run
 
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#4,483
#4,483
TheColdVolTruth said:
I think you may be exactly right. It's just not what I'm looking for right now in this market. I think I'll get a better entry for a long position over the next few weeks/months for almost any stock I want to hold. In this market I'm looking for trades I can make with conviction. I remember @Thunder Good-Oil was looking at SAVE last week. I liked the chart then when it was holding the 50 dma in the 15's. I like it less now, although it still has some short term upside potential on a technical basis. Ford presented a nice base on the chart with headroom to the 200 dma along with the Bronco release. I bought Monday at the bell and planned to hold until Thursday or Friday, but it moved too fast. I think it may approach that 200 dma before it finds resistance, but I will be too busy tomorrow to watch it. I decided to take my $13k gain off the table rather than risk getting caught in a downdraft with a negative headline. I may be completely wrong, and it may run off and leave me wishing I held. I promise it won't be the first time, but I'm trying to be pretty selective with my punches right now until we get some more clarity.
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Yep, I certainly wouldn't buy at the current price. Possibly Good money after bad for me..
But, if it gets back to the $5 range maybe. I expect the market to move lower. You just never know when.
 
#4,484
#4,484
GENE requested a 3 day halt or less during trading in Australia last night.

Come on big boy pharma buyout! Lol

If it's an offering it won't bother me. It's a long hold for me anyway.
 
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#4,486
#4,486
Carp said:
Some stocks I am tracking that are showing confirmation after a Hammer: PULM, SGLB, JILL, and IPI. SGLB is likely the safest among these.
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Posting these more me to keep record of. Doing a bit of paper trading since I don't have much money freed up currently.

JILL taking off currently. I put in an alert at .63 to buy. Currently up $.30 from that point. Would have been a big gainer. Damn.

IPI up .10 from the quoted post. Definitely looking like it could take off. I might actually put what little cash I have on this one.

PULM still holding in that 1.40 range it was in when I posted it. It's a COVID play as well.

SGLB - Was sitting around 2.45 when I posted this. Set my alert to buy was at 2.55. Currently up to 2.60. We'll see how it tracks today
 
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#4,491
#4,491
ButchPlz said:
I cashed out a few bucks to pay for another date night with the wife.

If I keep being able to cash out a hundred bucks every month on my initial $250 into my RH account I'll be happy as a clam.
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With % in mind, imagine what you could be doing with bigger investments. Just food for thought...
 
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#4,492
#4,492
VolAllen said:
With % in mind, imagine what you could be doing with bigger investments. Just food for thought...
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That's partly why I'm trading in my IRA, instead of my personal account. That, and more room to play and learn. When I get better, I'll invest more into my traditional trading account. Only about $500 invested into my personal trading account currently, and it's tied up into bad investments. Well not necessarily long term bad investments, but definitely short term.
 
#4,494
#4,494
VolAllen said:
With % in mind, imagine what you could be doing with bigger investments. Just food for thought...
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Yep, but right now we're making it a priority to get debt free and this money is me just playing around to learn. It's basically all my tip money from our business 😆

We're less than a year from having no debt, and we actually talked yesterday about going ahead and moving a chunk of my paycheck each month into an investment account. We may start that next month.
 
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#4,495
#4,495
ButchPlz said:
Yep, but right now we're making it a priority to get debt free and this money is me just playing around to learn. It's basically all my tip money from our business 😆

We're less than a year from having no debt, and we actually talked yesterday about going ahead and moving a chunk of my paycheck each month into an investment account. We may start that next month.
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Good luck with the no debt thing. Yesterday before Spirit crashed I had visions of paying off my house early and becoming debt free. Then restarting an account for retirement. But the bears took care of that for now.
 
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