Business & Investing
Sponsored by

Stock Markets

24,587,160 Views | 233230 Replies | Last: 10 min ago by Brian Earl Spilner
La Bamba
How long do you want to ignore this user?
AG
ELOX testing 1.17 support and looking heavy.
mazag08
How long do you want to ignore this user?
AG
I'm really watching ALRM.

It's sitting on the 50% retracement of it's move up above $90 from it's low of $75. If it starts to bounce up here, then I'll be watching carefully for a micro wave 1 and 2 setup and then eyeing $95 or $100 calls. Only problem is, I don't want Decembers and January hasn't been released yet.

Watching closely though. Put it on your radars.
mazag08
How long do you want to ignore this user?
AG
Last post and then I have to work some.

I really want to see some more weakness in REI, ideally down to $2.30. That would set up a clean wave structure that would likely rip to $5.00 and ultimately over $6 (ideally in the next couple of months). It would also provide a clean new entry territory to make max gain.

So if you are in it and it keeps going down, don't freak. It's in an overlapping state similar to DNN but i setting up nicely. I'll be using any weakness as a chance to buy more shares.
Aggie118
How long do you want to ignore this user?
AG
mazag08 said:

Aggie118 said:

Is now a good time to hop on Prog?
It's actually tough to tell.

From my EW point of view, it's hairy. On the 1D candle chart, it looks to have just topped off in a 5th wave (that point becomes our larger degree wave (1) going up significantly higher into the future for another 5 waves). So we could expect a 50-61% retrace from today's high.

But what's tricky is that if you look at the hourly chart, there's a huge wick that got up to nearly $6.50 a couple weeks ago. And if you retrace that move from the bottom to 61%, you get where we bottomed late last week in the high $2's. So in that case, it could be argued that we already completed 5 waves up and formed our larger degree Wave (1), bottomed in our larger degree Wave (2), and today's action is actually the highly impulsive Wave (3).

But either way, today's move needs to retrace. If it gets down to the high $3's and reverses back upward, then we're likely in the larger degree Wave 3 still taking us to $9.00 sooner rather than later. If that move retraces into the low $3's or high $2's, then we are bottoming in the larger degree Wave (2) and about to start the ultra rippy Wave (3) taking us to $8 over a month or two. And if it resumes it's rip today and gets above $5.90, then something else is going on (but I would still expect a sizeable pullback).


Long story short, wait.

You will likely be able to get back in around the high $3's if not lower.


Thanks!
tam2002
How long do you want to ignore this user?
AG
Time to average down on ELOX for the 112th time
zag213004
How long do you want to ignore this user?
AG
Anyone thinking on playing options on RIVN. I want to go long for a long term hold on this but my target entry was left in the dust as RIVN exploded. So selling puts would be my approach.
cptthunder
How long do you want to ignore this user?
CIDM looks like it could be trying to put in a bottom here on the 5 minute



PSYCH!!!
Lt. Joe Bookman
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

CincySwimmer said:

$30,000 Millionaire said:

I can't believe I'm going to get to sell puts in CLOV tomorrow.


I'm in. What are you gonna target? Dec 17 7.5p's?
I don't know yet, want to see pricing tomorrow.

I'm guessing that the Dec 7.5P will probably trade for about $1. I think I'd be willing to take those. If the 6P gets north of $0.50, I think I would be more inclined to trade that with larger size. Remember, this is a viable business.


Honestly, none of the clov puts seem appealing to me.
Brian Earl Spilner
How long do you want to ignore this user?
AG
AAPL
FTAG 2000
How long do you want to ignore this user?
AG
zwhag2010 said:

Anyone thinking on playing options on RIVN. I want to go long for a long term hold on this but my target entry was left in the dust as RIVN exploded. So selling puts would be my approach.
I think you need to assess your objective on this.

Selling puts would probably be the play but who knows on strike.

For perspective:

BT1395
How long do you want to ignore this user?
AG
Jumped into VEON shares - thanks for the call outs on this one!
Brewmaster
How long do you want to ignore this user?
AG
Slappy007 said:

Slappy007 said:

Ranger222 said:

really really liking SNOW here....if the overall market can churn higher from here I think it'll take off and be a leader.

Was looking at OI....I'm thinking DEC 400 Cs could be a fun way to play with time
This looks great.
Nice call Ranger! $400 hit, and the options are 5baggers.
Ranger should be posting these in all bold, haha! killing it!
FTAG 2000
How long do you want to ignore this user?
AG
AG 2000' said:

Entered 11/17 VIX 16Cs.

Think we're bottomed.


Stopped out on this. Heh.
agdaddy04
How long do you want to ignore this user?
AG
cptthunder said:

CIDM looks like it could be trying to put in a bottom here on the 5 minute



PSYCH!!!
Was just going to ask if good time to get in on CIDM.
cptthunder
How long do you want to ignore this user?
agdaddy04 said:

cptthunder said:

CIDM looks like it could be trying to put in a bottom here on the 5 minute



PSYCH!!!
Was just going to ask if good time to get in on CIDM.
I added a small aount at 1.80 and waiting to see if it pushed down to the 200 EMA
agdaddy04
How long do you want to ignore this user?
AG
That's what I just did as well.
Thundergon
How long do you want to ignore this user?
What's going on with $JMIA? Any news?
McInnis 03
How long do you want to ignore this user?
AG

agdaddy04
How long do you want to ignore this user?
AG
https://techcrunch.com/2021/11/16/jumia-posts-revenue-and-order-gains-but-compounding-losses-drag-its-stock-lower/
Thundergon
How long do you want to ignore this user?
Thank you
CopperBadger
How long do you want to ignore this user?
AG
Mazag what does your EW analysis say for BROS? It has taken a beating this month. Thank you.
59 South
How long do you want to ignore this user?
AG
AG 2000' said:

zwhag2010 said:

Anyone thinking on playing options on RIVN. I want to go long for a long term hold on this but my target entry was left in the dust as RIVN exploded. So selling puts would be my approach.
I think you need to assess your objective on this.

Selling puts would probably be the play but who knows on strike.

For perspective:


INSANITY

If $NIO was an American company, I guess it would be $500B market cap or so and trading around $300. Instead it is about $67B having delivered 142k+ cars as of end of Q3 2021.
agdaddy04
How long do you want to ignore this user?
AG
Yep, unfortunately I'm in way too deep - most likely going to dump it in December to write off the loss.
MROD92
How long do you want to ignore this user?
What happened to OA's spreadsheet?
59 South
How long do you want to ignore this user?
AG
Anybody day trading shares here, $SNDL entry looks good w/ target .88 + stop at 0.80
TxAG#2011
How long do you want to ignore this user?
Got into GGPI yesterday. Those comps look good.
Ranger222
How long do you want to ignore this user?
AG
BREwmaster said:

Slappy007 said:

Slappy007 said:

Ranger222 said:

really really liking SNOW here....if the overall market can churn higher from here I think it'll take off and be a leader.

Was looking at OI....I'm thinking DEC 400 Cs could be a fun way to play with time
This looks great.
Nice call Ranger! $400 hit, and the options are 5baggers.
Ranger should be posting these in all bold, haha! killing it!

More luck than being good. glad someone followed the trade and it worked.

New long -- Carvana CVNA. Long shares, not options. Building base at site of previous breakout around 300, we're past earnings and looks like it wants to climb back to mid 300s. Would set stop at 280ish
agdaddy04
How long do you want to ignore this user?
AG
do you always set stops?
AgEng06
How long do you want to ignore this user?
AG
Followed your mention of RBLX 125c last week. In @ $0.95, out at $2.20 and $3.00. Thank you, sir!
Ccutamu
How long do you want to ignore this user?
Damn...LCID is smoking! Sold CCs too early in the day, but come tak'em baby!
cptthunder
How long do you want to ignore this user?
agdaddy04 said:

That's what I just did as well.
Decent volume trying to bounce @ $1.60
agdaddy04
How long do you want to ignore this user?
AG
What's got into NMG this morning?
gougler08
How long do you want to ignore this user?
AG
The CIDM sell off seems aggressive
cptthunder
How long do you want to ignore this user?
agdaddy04 said:

What's got into NMG this morning?
Lets hope its a cup completion at the $9.50 gap fill followed by some consolidation and then rocket in a few days/weeks
Ranger222
How long do you want to ignore this user?
AG
agdaddy04 said:

do you always set stops?

for like ~75% of my stuff, yes. That way I don't have to babysit it all day.
First Page Last Page
Page 4653 of 6664
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.