They are completing the sale of all retail pieces and focusing 100% on blockchain. Now I'm no expert in blockchain, several on here have been vocal in the opportunity, so to me OSTK is a wild card. I had mentioned it looked ready to pop last week but didn't know the underlying reason. Now that it did and has pulled back I think any move above $12 would be sustained rally time.Aggie_2463 said:Well, besides the obviousPrognightmare said:Aggie_2463 said:So now that it has retraced back to that $11.30 range, you expect it to continue to rise?oldarmy1 said:Correct. $11.30 would be expected and then the trend average would be to the upside over the downside due to where it began.jmcfar_98 said:Use the upper range and lower range to draw a triangle and that shows you the mid range where the stock normally settles in at. As in the case around $11.30 ish.Aggie_2463 said:Dobre casy said:Model T!gougler08 said:
OSTK just took a big dip
What does the model T tell you? Serious question because I don't know
so there is your $11.30 on que
I was out of the country and missed what gave OSTK the shot in the arm. Can anyone elaborate?
OA brought it to the board's attention.
oldarmy1 said:They are completing the sale of all retail pieces and focusing 100% on blockchain. Now I'm no expert in blockchain, several on here have been vocal in the opportunity, so to me OSTK is a wild card. I had mentioned it looked ready to pop last week but didn't know the underlying reason. Now that it did and has pulled back I think any move above $12 would be sustained rally time.Aggie_2463 said:Well, besides the obviousPrognightmare said:Aggie_2463 said:So now that it has retraced back to that $11.30 range, you expect it to continue to rise?oldarmy1 said:Correct. $11.30 would be expected and then the trend average would be to the upside over the downside due to where it began.jmcfar_98 said:Use the upper range and lower range to draw a triangle and that shows you the mid range where the stock normally settles in at. As in the case around $11.30 ish.Aggie_2463 said:Dobre casy said:Model T!gougler08 said:
OSTK just took a big dip
What does the model T tell you? Serious question because I don't know
so there is your $11.30 on que
I was out of the country and missed what gave OSTK the shot in the arm. Can anyone elaborate?
OA brought it to the board's attention.
Also to note: I sold half Friday on the spike but have held the other half.
Be sure you're familiar with the day trading rules before you start playing weekly options.jbeck3487 said:
Someone have a Robinhood link I can use to open my account?
Thanks
I started with weeklies at 35 cents but sold 2/3 of those and am moving out to the 19th.AgShaun00 said:
how far out on MSFT is everyone going?
rgag12 said:
Are you anticipating a bullish response to the MU earnings? Everything I've read is so doom and gloom about the prospects for MU and chips in general.
It feels like that since everyone is saying it's going to be so bad that if it turns out it's only 70% as bad as they say people will have a party.
Speculation (read hope) is that MU will announce a dividend soon.rgag12 said:
Are you anticipating a bullish response to the MU earnings? Everything I've read is so doom and gloom about the prospects for MU and chips in general.
It feels like that since everyone is saying it's going to be so bad that if it turns out it's only 70% as bad as they say people will have a party.
Bounced pretty good therePrognightmare said:
AMD came down to it's moving average and bounced. Let's see if there is follow through.
Quote:
Nvidia Stock Has Less Upside Because of Rival AMD's New Chip, Analyst Says -- Barrons.com
11:02 am ET June 24, 2019 (Dow Jones) Print
By Tae Kim
Nvidia stock has less upside because the chip maker may lose market share to Advanced Micro Devices (ticker: AMD) in the coming year, according to Susquehanna Financial Group.
The back story. Nvidia stock (NVDA) is up about 14% this year, underperforming the Nasdaq Composite, which has risen roughly 21%.
Last month, Nvidia cited low visibility in the data center market and withdrew the full-year guidance it had given just a few months earlier.
What's new. On Monday, Susquehanna analyst Christopher Rolland reaffirmed his Positive rating for Nvidia stock, but reduced his price target for the shares, citing increasing competition in the graphics chip market.
After spending a week traveling in Asia, Rolland said his checks on Nvidia's business were "subdued" partly due to weak economic conditions in China.
"Navi [AMD's new graphics chip] will likely help AMD gain share over the next year," he wrote. "We believe Nvidia...now faces competitive issues over the next year."
The analyst predicts the company's smaller 7-nanometer chips for gaming won't be released until next year. Smaller-nanometer manufacturing processes have historically allowed semiconductor companies to create faster, more-power-efficient chips.
Nvidia declined to comment on the report.
Looking ahead. Rolland reduced his price target on Nvidia stock to $190 from $215. Nvidia stock was up 0.5% to $152.51 on Monday.
rgag12 - That is the question of the week. I see so much expectation of terrible numbers and sell ratings that it could be a setup for a rally on earnings; especially considering its near its low major support. Since I have zero confidence on direction I went with put/call spreads. I have some Puts at $31 and will be sitting at the ready to buy shares against those on any flash down below. I don't think I'd short against the calls if we hit above $35.50 unless we really ran into the $37 area after hours. For that I'd have to short against the calls just to lock in the $1.50/share gain, not willing to risk continuation the next day.rgag12 said:
Are you anticipating a bullish response to the MU earnings? Everything I've read is so doom and gloom about the prospects for MU and chips in general.
It feels like that since everyone is saying it's going to be so bad that if it turns out it's only 70% as bad as they say people will have a party.
Does look strong, although I'm more interested in that gap that never filled up there at $415aggiehunter3 said:
Technically, BA looks ready to bust out of the bull flag and challenge 380 again...
Quick scan and every technical says giddy-up except for volume accumulation line - but that generally doesn't flip on until a move up has already started.Ragoo said:
Check out the 20 day chart of GWW. Closed near this recent support which has been given a $10 bounce.
Thoughts?
Short seller analyst with a downgrade trying to break it below support this morning. Just an fyi if considering an entry.Ragoo said:
Check out the 20 day chart of GWW. Closed near this recent support which has been given a $10 bounce.
Thoughts?
Down 10%leoj said:
ABBV stock is going to get hammered
That's a whole lotta money they're dropping for AGN... $63 billion. Wowgougler08 said:Down 10%leoj said:
ABBV stock is going to get hammered
