• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Misc Stock Market

MVIS looking like the run might be done.
 
Rain Cold said:
MVIS looking like the run might be done.
Click to expand...

I might have jinxed it the other day when I was touting it's strength. So many stocks giving up the 10w and even the 20w.

It's still not bad but a weekly close below the 10w will bring the 20w into play.

sc.png
 
$AAPL below the 30w....that's no man's land. This isn't a chart that you look at and think the it's going to make a run back to $140. And if Apple isn't going to make a run then large cap tech isn't.

sc-1.png
 
KyloG said:
I might have jinxed it the other day when I was touting it's strength. So many stocks giving up the 10w and even the 20w.

It's still not bad but a weekly close below the 10w will bring the 20w into play.

View attachment 80193
Click to expand...
Momo stocks and particularly tech are a mess. I expect we'll get some solid footing back again in 2-4 weeks. You still holding FRSX?
 
Rain Cold said:
Momo stocks and particularly tech are a mess. I expect we'll get some solid footing back again in 2-4 weeks. You still holding FRSX?
Click to expand...

no, i sold at $8 a couple of weeks ago...the day they released the news they finished the successful pilot
 
Could argue HnS pattern on the Q's. I so badly want to open a put spread $310/$300...$2.50 to make $7.50 for April.

Screen Shot 2021-03-24 at 1.58.19 PM.png
 
Jimmy Hypocracy said:
She’s rolling over, boys and girls
Click to expand...

I had moved to a lot of cash but heavier some conviction names...needless to say that didn't work out. That was for my IRA. But, I am back in a lot of cash for everything. I actually bought some SPAC's near NAV to park some cash.
 
KyloG said:
I had moved to a lot of cash but heavier some conviction names...needless to say that didn't work out. That was for my IRA. But, I am back in a lot of cash for everything. I actually bought some SPAC's near NAV to park some cash.
Click to expand...
Watching WPF and SOAC for SPAC entry. What are you eyeing?
 
Jimmy Hypocracy said:
Watching WPF and SOAC for SPAC entry. What are you eyeing?
Click to expand...

I bought 3500 shares of GIK at $10.43 this afternoon. Sold 1000 at $10.90 and holding the rest. I also added PDAC at $10.40 and GSAH May $10 call for $.60. GIK has merger end of April but PDAC isn’t until June/July so that’s longer hold. GSAH is close to announcing a target. With the floor being $10 the risk is lower.
 
So many charts with an h double bottom pattern or on the verge of one as in Tesla. Do they break further or bounce. I’m not getting the warm fuzzies.

54BAAB87-8D6E-4E48-81DD-25D408E36CDC.pngB85009CE-4F98-49BF-876E-5E90E0749879.png
 
SPY looks like it’s on edge of a cliff. It’s barely pulled back from its ATH’s...so odd to see tech obliterated and yet SPY still handling in there.

Qs with potential h setup.

44929F22-077B-4BB3-8AD0-2F71D37A4C44.jpeg93173CE5-C391-45AC-A9EB-284ED57FC4B6.png
 
Amazing the difference a month makes in this market. I have to train myself to forget the way I was able to trade the past year. Might not be all bad, Charts seem to be more usable again but man it's been a rough month.
 
KyloG said:
I bought 3500 shares of GIK at $10.43 this afternoon. Sold 1000 at $10.90 and holding the rest. I also added PDAC at $10.40 and GSAH May $10 call for $.60. GIK has merger end of April but PDAC isn’t until June/July so that’s longer hold. GSAH is close to announcing a target. With the floor being $10 the risk is lower.
Click to expand...
That's big pp money
 
You must log in or register to reply here.
Back
Top