Pretty quiet day compared to recent
*Insert dissertation on the psychological and economic impacts of going net free for the 900 millionth time here*BREwmaster said:go net free if you haven't already (sell half or less since you're avg is .60ish.Orlando Ayala Cant Read said:Interested as well here. I'm in heavy already on it buying in the mid 50s-60s and thinking if I should go in for more in the $1.30s.Touchless said:Question for those smarter than me.Question for the board. ONTX is mostly hovering in the $1.32 - $1.35 range. On 9/23/19, the high was $1.32 and on 9/20/19 the low was $1.5. We covered that gap this morning and quickly backtracked. I'm assuming it's just needing to break back through the $1.33 range to continue upwards to the next resistance point around $1.5? Is that something y'all would expect to see or is it likely to push back down and test the $1.2 range from 9/23/19 - 9/26/19?
It is hard to say, it had massive accumulation the last few days (again today at 77 million with 2 plus hours to go!)...but at any moment those new buyers could be institutions ready to rug pull it and short it (what if an offering were dropped today after hours?).
Seems rational. What if there is major negative PR after hours and you have stop sale orders in place at certain limits? How do they find buyers to hit those stop sale amounts?BREwmaster said:go net free if you haven't already (sell half or less since you're avg is .60ish.Orlando Ayala Cant Read said:Interested as well here. I'm in heavy already on it buying in the mid 50s-60s and thinking if I should go in for more in the $1.30s.Touchless said:Question for those smarter than me.Question for the board. ONTX is mostly hovering in the $1.32 - $1.35 range. On 9/23/19, the high was $1.32 and on 9/20/19 the low was $1.5. We covered that gap this morning and quickly backtracked. I'm assuming it's just needing to break back through the $1.33 range to continue upwards to the next resistance point around $1.5? Is that something y'all would expect to see or is it likely to push back down and test the $1.2 range from 9/23/19 - 9/26/19?
It is hard to say, it had massive accumulation the last few days (again today at 77 million with 2 plus hours to go!)...but at any moment those new buyers could be institutions ready to rug pull it and short it (what if an offering were dropped today after hours?).
oldarmy1 said:
CSLT on a breakout
Yet another small healthcare. Told you we have some sector rotation going on. Spot those small health and pharma
BREwmaster said:go net free if you haven't already (sell half or less since you're avg is .60ish.Orlando Ayala Cant Read said:Interested as well here. I'm in heavy already on it buying in the mid 50s-60s and thinking if I should go in for more in the $1.30s.Touchless said:Question for those smarter than me.Question for the board. ONTX is mostly hovering in the $1.32 - $1.35 range. On 9/23/19, the high was $1.32 and on 9/20/19 the low was $1.5. We covered that gap this morning and quickly backtracked. I'm assuming it's just needing to break back through the $1.33 range to continue upwards to the next resistance point around $1.5? Is that something y'all would expect to see or is it likely to push back down and test the $1.2 range from 9/23/19 - 9/26/19?
It is hard to say, it had massive accumulation the last few days (again today at 77 million with 2 plus hours to go!)...but at any moment those new buyers could be institutions ready to rug pull it and short it (what if an offering were dropped today after hours?).
panduh bear said:
PLUG with the biggest cup and handle I have ever seen.
Ouch haltedtexagbeliever said:
FE is getting knocked out!
Atypical but yes. I like the engulfing candle today as well against yesterday.Talon2DSO said:
Is TLRY forming a wedge?
panduh bear said:
PLUG with the biggest cup and handle I have ever seen.
I'm on the Aug14 27C just due to the big sweep on them yesterday. There is a LOT of OI, some in really big blocks, on SNAP calls for the next few weeks.AGSmith said:
Is anyone playing the SNAP earnings report AH today?
i have some. down 50%TecRecAg said:
Anyone on ZM calls exp this Friday? Trying to think if I trust my gut on this one or bail to stop the bleeding.
Was hoping for a run-up into earnings to sell, but it looks like I will be holding through earnings.AGSmith said:
Is anyone playing the SNAP earnings report AH today?