Aggie_2463 said:

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HEAR done dipped into the 9s at $9.85

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Can anyone tell me more about HEAR? Dropped 70% of value in past 9 months. Wow, what happened there?

IrishTxAggie said:

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Trolley Problems said:

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IrishTxAggie said:

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In at $1 as well.

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Ooof. They don't look pretty right now.

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Far enough out that I'm not concerned. Today was inevitable. I will probably double down in a bit.

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Fair enough.

Bob Knights Liver said:

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Aggie_2463 said:

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HEAR done dipped into the 9s at $9.85

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Can anyone tell me more about HEAR? Dropped 70% of value in past 9 months. Wow, what happened there?

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I've been scratching my head as well. They definitely got some undeserving (IMO) bad press that didn't help.

Someone was pumping HEAR a few months back and getting sales numbers from some retail stores. Curious to hear their thoughts (no pun intended!) or if they've done any more research.

On the user side, I'm wondering if the winding down of the Fortnite craze, which essentially brought a ton of younger gamers in the social gaming market, was a boon for HEARs sales but they didn't get traction with the more consistent gaming market

In other words, a ton of new soccer moms found themselves ordering headsets for their 2nd to 6th graders but that trend has evaporated. The older more serious gaming market didn't accept this brand either.

Just saw the markets.

"I'd piss on a spark plug if I thought it would do any good" War Games

Pleased to see JD still hanging together.

Is that an intraday cup and handle forming on the S&P?

WestTexAg12 said:

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Is that an intraday cup and handle forming on the S&P?

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Looks like one forming on RIG as well.

Sorry for my ignorance, but when you see that what does that tell you technically? Just trying to learn

In layman's terms: It's gonna go up

CHK is incredibly disappointing today...down 10% to $2.35

rgag12 said:

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In layman's terms: It's gonna go up

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Thank you - From a layman

Aggie_2463 said:

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WestTexAg12 said:

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Is that an intraday cup and handle forming on the S&P?

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Looks like one forming on RIG as well.

Sorry for my ignorance, but when you see that what does that tell you technically? Just trying to learn

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It's bullish, but I also heard that all technicals are thrown out the window with bad news and erratic markets.

I'm also in the learning/noideawhatimdoing stage

TRNX down 20% today....

Aggie_2463 said:

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TRNX down 20% today....

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They are going to have to do another reverse split. Compliance notice from Nasdaq listing

oldarmy1 said:

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Aggie_2463 said:

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TRNX down 20% today....

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They are going to have to do another reverse split. Compliance notice from Nasdaq listing

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I think they might be better off taking the delisting... Put that bad boy on the pink sheets and let's have some fun!!

OSTK action looks like a long term trend reversal. Think ROKU's crazy death march that ended similarly. I wouldn't expect similar fanfare from OSTK but could see it hitting $20. I haven't been able to get any fills where I would feel good about entry.


Considering that we can't tell if this was a final down day or more to come I'm inclined to sit on my $48k down day and wait to see what tomorrow brings. Either way its no worries. I was in meetings when today's V reversals hit. Would have been good trade bait for some buyers flooding in but 2818-2823 on the S&P is hardly encouraging for a bottom.

Eyeing the Darvas Box on NEE beginning late March for a possible trend continuation on breakout above 195.55 or reversal on 187.30. Small box, but big run up prior to entering the consolidation. I'm not a huge fan of utilities, but it's hard to overlook this one.

My most trusted analytics has a forecast on SMH. A Darvis Box is being projected out once bottom is achieved. Like the last lengthy one that would mean good upside to top line, although note the first move back up on the previous one only had a 50% retracement before back down and THEN created the top range on subsequent moves up. The previous one broke to the downside and fell all the way to long term major support. Those are the easy entry points once a break occurs.

Deere (DE) recovered twice back into its box but one the dam broke it moved quickly. IT's major support is somewhere between $135-$140. I'd use the mean of those to plan any trade BUT remember they report earnings this week.

MCHP filled a nice gap back to March 29th. Any momentum down tomorrow getting it near $80 for a flash opening I would take for option entry. $85's out 3 weeks.

I think this has nothing to do with China. Market just wanted an excuse to pull some profits so this was convenient.

I think everything is as it was earlier... just a regular dip. First big one of the year.

gotsand said:

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Eyeing the Darvas Box on NEE beginning late March for a possible trend continuation on breakout above 195.55 or reversal on 187.30. Small box, but big run up prior to entering the consolidation. I'm not a huge fan of utilities, but it's hard to overlook this one.

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1) Bonus trader points for accurately spotting the DB.
2) You can see the last one that had formed and eventually broke upward that was about as long as the current one.

I was really close to holding NVDA overnight. Bought down near $158 but sold at $158.50 area because I spotted the volume flush into close.

What I was thinking of doing was selling the $155 covered calls trading at $10.50 against the shares. That would be $3.50 to the money leaving $7 profit/share. If we continued downward to close below $155 Friday my net entry would have been $148. That looked pretty good but something tells me we see $150 flash on NVDA and that's where I will pounce like a panther.

Yeah - HEAR turned out to be a hot turd. Oh well.

oldarmy1 said:

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I was really close to holding NVDA overnight. Bought down near $158 but sold at $158.50 area because I spotted the volume flush into close.

What I was thinking of doing was selling the $155 covered calls trading at $10.50 against the shares. That would be $3.50 to the money leaving $7 profit/share. If we continued downward to close below $155 Friday my net entry would have been $148. That looked pretty good but something tells me we see $150 flash on NVDA and that's where I will pounce like a panther.

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Will you be playing a similar strategy with selling covered calls to lower cost basis more?