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oldarmy1
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La Bamba said:

Overnight increase in deaths last night in NY: 599 to 731.

Hospitalizations seem to be reaching plateau. - Cuomo. Says deaths are lagging indicator.

Market bounced off from 268 (SPY).
Not to the dead people.
AnyOtherName
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AnyOtherName
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oldarmy1
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oldarmy1 said:

Bought DIS $105 April 17 calls
Pivot was true
McInnis 03
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Is spy setting up for an inverse H&S on the daily?
aggiepaintrain
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guys y'all are playing with fools gold this is not even close to over.
tam2002
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Sold my LADR at 5.50. You're welcome everyone still holding it will sure take off now
george1992
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.
Username checks out.
jj9000
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.


Username Checks Out!!

Edit...d@mn you George. Beat me by seconds.
Aggietaco
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Whoops, dinged for free ride violations.
oldarmy1
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McInnis 03 said:

Is spy setting up for an inverse H&S on the daily?
Already completed one intraday with a rising "W".
thirdcoast
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After further review, it looks like LK halt is a "T1 Halt - News Pending, Trading is halted pending the release of material news."

Could it be buyout? China could take it private after taking the American beat down. Then they wouldn't have to worry about all those annoying reporting rules on public companies.
Touchless
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oldarmy1 said:

oldarmy1 said:

Bought DIS $105 April 17 calls
Pivot was true
So what would your play on this be? Sell it when stock price hits $105 and then by put options for like $97 or so? Maybe 4/24 $97P?
Ft.Worth_Ag
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oldarmy1 said:

oldarmy1 said:

Bought DIS $105 April 17 calls
Pivot was true
I'm holding $101 APR 17 calls from last week.. Was bummed when I missed the pop this morning! What target stk price we looking for to sell?
oldarmy1
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Touchless said:

oldarmy1 said:

oldarmy1 said:

Bought DIS $105 April 17 calls
Pivot was true
So what would your play on this be? Sell it when stock price hits $105 and then by put options for like $97 or so? Maybe 4/24 $97P?
I'll sell half on the double (getting close now) and then see if we break that $106 area resistance for a huge run.
gig em 02
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.


Remember this is a trading thread, not a long term investing thread.
oldarmy1
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Ft.Worth_Ag said:

oldarmy1 said:

oldarmy1 said:

Bought DIS $105 April 17 calls
Pivot was true
I'm holding $101 APR 17 calls from last week.. Was bummed when I missed the pop this morning! What target stk price we looking for to sell?
See above. This is risk/reward time. It should retest above $105 but if momentum takes over and breaks $106 you're looking at $112 to as high as $122.
aeroag14
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oldarmy1 said:

McInnis 03 said:

Is spy setting up for an inverse H&S on the daily?
Already completed one intraday with a rising "W".


For a newbie, what exactly does this mean?
oldarmy1
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.
This is what I picture when you do this on a trading thread.

GreasenUSA
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.
We are trading what the market gives us. Anyone else is doing it wrong right now.
La Bamba
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aggiepaintrain said:

guys y'all are playing with fools gold this is not even close to over.
The market, quite frankly, doesn't give a damn what you think. It's moving on COVID news in NY right now and hospitalization rates are flat three days in a row. Just follow the trend, my friend. Market is always right.
oldarmy1
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aeroag14 said:

oldarmy1 said:

McInnis 03 said:

Is spy setting up for an inverse H&S on the daily?
Already completed one intraday with a rising "W".


For a newbie, what exactly does this mean?
The green drawn line is the cup that formed. Most are rounded but you get a "W" many times due to retesting of lows intraday. (Also good knowledge for those talking about a "W" macro market retest they think is coming)

The "W" is self-explanatory. Note just to the left of the yellow box there was another "W" pattern that failed taking us to the next one that held and became a pivot point. Once the right side of that pattern is broken upward you can expect further upward gains.

Cloud
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tam2002 said:

Sold my LADR at 5.50. You're welcome everyone still holding it will sure take off now


I was about to sell as well, think I'll hang on now.
OverSeas AG
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Every knee shall bow and every tongue shall confess
oldarmy1
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Something else about stocks. The market makers don't care much about anything intraday. If they are going to shake or retest resolve on a stock then they will, regardless of market action. Look at RUBI. Clear technical reversal confirmed from yesterday lead it early to $5.50 area but then it traded all the way back down to $5.04 and now back close to days highs.

They just don't care and once you get that mindset it gives you the confidence to buy that testing. I bought a huge load of shares and just kept on buying but I also then sell the initial pop so when I saw topping early in markets I unloaded some shares. Then I stepped in and bought almost all of the same numbers back again as it came under $5.10.
FrontPorchAg
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AgShaun00 said:

Jizzle89 said:

Shoutout to whoever alerted us to LADR weeks ago.. went all in at $2.9 .. at $5.4 now
just sold half of it to lock in some profit.
What's the story with this stock?
All animals are equal, but some animals are more equal than others
teecoy
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Let's go OVV!
CNN is an enemy of the state and should be treated as such
IrishTxAggie
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Mtn_Guide said:

AgShaun00 said:

Jizzle89 said:

Shoutout to whoever alerted us to LADR weeks ago.. went all in at $2.9 .. at $5.4 now
just sold half of it to lock in some profit.
What's the story with this stock?
It's a REIT and those are all moving targets right now.
oldarmy1
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USB has a good chart for a breakout but when? I am going to move out on a $40 Call to mid May with premiums only in the $0.70's
Boat Shoes
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$40 call? Or $10 call?
oldarmy1
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Youn guys also know that strategy of buying out of the money calls as a potential pivot point. I bought DIS April 17 $115 calls just in case it happens. $0.42 against dollars of gains per call option is a no brainer.
oldarmy1
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Boat Shoes said:

$40 call? Or $10 call?
Gosh darnit..USB
Boat Shoes
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oldarmy1 said:

Boat Shoes said:

$40 call? Or $10 call?
Gosh darnit..USB


Lol. I was confused. Thanks!
azul_rain
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ok, have a good day
tam2002
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What's your thought on O as far as REITS go? I'm in for a little profit now but not sure what to think about it
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