TLRY pushing down to 52

jmcfar_98 said:

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(Reuters) - Pfizer Inc on Tuesday beat Wall Street estimates for quarterly profit and slightly raised its earnings forecast for the year, as the largest U.S. drugmaker reined in costs and recorded higher sales of cancer drug Ibrance and pneumonia vaccine Prevnar.

https://finance.yahoo.com/news/pfizer-posts-earnings-beat-raises-112404220.html

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I had a double target on PFE but it had already blown through that before the news. I sold half and looking for exit on another 25% to lock in the big gains before seeing just how much energy that news carries.

foleyt said:

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TLRY pushing down to 52

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Better be a flash and rebound or the charts are toast

oldarmy1 said:

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Big volume flush on the market. Hope that was a shake. AMZN dropped $20 and below yesterdays low.

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Rebounded so we need 2939 on S&P and would likely then fill gap back up at 2943 area.

oldarmy1 said:

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foleyt said:

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TLRY pushing down to 52

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Better be a flash and rebound or the charts are toast

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Flashed To $51.96 and then shot up to $52.30

if aapl pulling back some, will there be a play for it?

BBY looks to breaking out to the upside. Our calls looking good

AggiePeeps06 said:

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BBY looks to breaking out to the upside. Our calls looking good

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Yessir!

RIG down to $7.96..... OA, any technical advice on buying back in to lower avg cost?

AgShaun00 said:

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if aapl pulling back some, will there be a play for it?

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Last support lines were above $197-$198.

Watching RTN like...

oldarmy1 said:

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Prognightmare said:

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RIG reports earnings ATC tomorrow, what's your feel on this one?

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No clue what to expect

http://news.stocktradersdaily.com/news_release/1/Transocean+RIG+Technical+Update_042919073001.html#

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I didn't trade it. Looking at its chart $7.90 was its sideways lows. Really hard to see anything on RIG. The cup and handle formed over 3 months only produced a $1.50 top. Now its broken and if it closes below $7.90 I fear it drops into mid to lower $7's

oldarmy1 said:

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oldarmy1 said:

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Prognightmare said:

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RIG reports earnings ATC tomorrow, what's your feel on this one?

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No clue what to expect

http://news.stocktradersdaily.com/news_release/1/Transocean+RIG+Technical+Update_042919073001.html#

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I didn't trade it. Looking at its chart $7.90 was its sideways lows. Really hard to see anything on RIG. The cup and handle formed over 3 months only produced a $1.50 top. Now its broken and if it closes below $7.90 I fear it drops into mid to lower $7's

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Thanks!

Party on hold through Fed? Getting more and more likely.

oldarmy1 said:

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oldarmy1 said:

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Prognightmare said:

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RIG reports earnings ATC tomorrow, what's your feel on this one?

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No clue what to expect

http://news.stocktradersdaily.com/news_release/1/Transocean+RIG+Technical+Update_042919073001.html#

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I didn't trade it. Looking at its chart $7.90 was its sideways lows. Really hard to see anything on RIG. The cup and handle formed over 3 months only produced a $1.50 top. Now its broken and if it closes below $7.90 I fear it drops into mid to lower $7's

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Could always iron condor it...

No problem. You got some volume trying to hold $8. Would be awesome for you people in it if the "sale the news" reversed into an $8.50 recent support level.

MIME would form a reversal harami if what we have today remains. Exiting the trade.

Taking most trades off the table on new S&P low. The 2937 waqs a double top.

Yikes on this sell off

gougler08 said:

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Yikes on this sell off

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The FED anxiety

oldarmy1 said:

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Taking most trades off the table on new S&P low. The 2937 waqs a double top.

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RTN holding fairly steady. Still on it or nah?

Was lucky to get out of TLRY at 0.70....

Still in MU?

Rice and Fries said:

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oldarmy1 said:

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Taking most trades off the table on new S&P low. The 2937 waqs a double top.

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RTN holding fairly steady. Still on it or nah?

Was lucky to get out of TLRY at 0.70....

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I tried selling at .70 and had to chase it all the way down to .55.

F you Robinhood. That's the only reason I hate that trading platform.

Rice and Fries said:

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oldarmy1 said:

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Taking most trades off the table on new S&P low. The 2937 waqs a double top.

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RTN holding fairly steady. Still on it or nah?

Was lucky to get out of TLRY at 0.70....

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I held RTN, NVDA and last 25% of PFE. Sold 3/4 of CSCO and MCHP. Took BBY profits and sold all else. 50% of CSCO held unless it loses $55.35

RTN getting it's legs

IrishTxAggie said:

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RTN getting it's legs

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Whew...held all of a winner.

Kick the tires and light the fires big daddy.

Just for clarity - nothing has changed on longer term trend. But options are time sensitive and with the technical break the discipline chart says sell and/or pare back exposure. May 17th onward options I'm more likely to hold 50%+ of entered position. Weeklies I'm less inclined to hold unless the stock is in a reversal like NVDA/RTN, etc.

I held a portion of MCHP on the excellent setup chart but it is not likely to fight the tape for explosion. That means earnings in 7 days is the driver and that's dangerous territory.

S&P cup and handle intraday

About to see RTN premium get a pop on our calls as they go into the money!

2937 on S&P. Well goodie for you market makers. You fooled the old dude.

Need that 2939 and then likely gap fill. After a nice recovery odds are good for all remaining positions.

Go MOMO go!!