Looks to be forming a long slow triangle which comes to a point early to middle of next year around $11. Could be a false setup though. It does look to be entering an upswing here.rednecked said:
would one of you kind folks be willing to do a quick little analysis on POWW for me. I'm a newby stock investor. I can't do the options stuff you guys do. I bought 280 shares last week at $7.10. looking pretty good so far but I can't see where resistance might be to make a good exit for me. TIA!
sounds like you are saying be patient and let it ride for awhile.mazag08 said:Looks to be forming a long slow triangle which comes to a point early to middle of next year around $11. Could be a false setup though. It does look to be entering an upswing here.rednecked said:
would one of you kind folks be willing to do a quick little analysis on POWW for me. I'm a newby stock investor. I can't do the options stuff you guys do. I bought 280 shares last week at $7.10. looking pretty good so far but I can't see where resistance might be to make a good exit for me. TIA!
I could use a tech run into close.CrazyRichAggie said:
Ok, which way we going to move this afternoon...
4430 on SPX is holding as solid support so far. Think up, but this is very hard to tell.CrazyRichAggie said:
Ok, which way we going to move this afternoon...
I bought 485/500 call spreads when I saw the 500's going nuts.McInnis 03 said:
MRNA weekly 500c's are getting swept even now in high amounts.
not touchingMcInnis 03 said:I bought 485/500 call spreads when I saw the 500's going nuts.McInnis 03 said:
MRNA weekly 500c's are getting swept even now in high amounts.
They're up, but they swing wildly due to me going long on the illiquid strike and short on the very liquid strike.
SSSSSHHHHHHHH ....Tomas Hermensa said:
Quietest day on this thread in a while!
WWR, SAVA, MARA, MVIS, and CLOV all up. RAIL as well. SPY obeying 5-day MA support and ASAN is down a bit. VEON is... ... ... still exactly the same price.
I have personally gotten a little bearish and today is not very fun.Tomas Hermensa said:
Quietest day on this thread in a while!
WWR, SAVA, MARA, MVIS, and CLOV all up. RAIL as well. SPY obeying 5-day MA support and ASAN is down a bit. VEON is... ... ... still exactly the same price.
So I sold WWR Covered Calls first thing this morning,,,,proof is in the pudding boys!Barty Dont Hedge said:
I have learned the secret to the stock market!!!!!!
If I want something I own shares of to go up, I sell covered calls.
If I want something I own shares of the drop, I buy Calls.
Works like a charm. LOL
We might get to ~$4.35 today.cptthunder said:
Speaking of WWR another large buy right around the 10 -10:30 ET range; couple days in a row now of over 75K shares on the 5 minute with a few now over 100K
Might test the theory tomorrow just for grins and buy 100 shares at 10CT and wait and see if the volume comes in a gain and sell on that 5 minute candle
I like your thinking...Ill go check behind the back seat of the truck real quick hahaTomas Hermensa said:
Or you could go ahead and buy 75k shares and see if that other 75k share buy comes in as well. Just giving you options, yo.
Tomas Hermensa said:
Or you could go ahead and buy 75k shares and see if that other 75k share buy comes in as well. Just giving you options, yo.
I think so... I entered this morning and am down a bit, but it held support around 280ish, that's all I care about right now. Oh and a tech rip like FJ said would be nice! these will turn green quick.Spoony Love said:
If I didn't load up on MSFT 8/20 295C as much as I would have liked earlier, I am guessing now would be a good time to do so at .69?
