Brewmaster said:
Wow, that's been bouncing around below $30 since March of '21. and a juicy gap back to almost $45.
only thing that gives me caution is, it's a bio.
Heineken-Ashi said:Brewmaster said:
Wow, that's been bouncing around below $30 since March of '21. and a juicy gap back to almost $45.
only thing that gives me caution is, it's a bio.
Yup. Always risks. But with bios, they are at the whims of market sentiment between news events. And this one wants to gap close. It was a poster here that tuned me into it. I played some options on the last spike up. Earnings end of this month. Let's see if it loads up into it.
I concur and this is the one that I was talking about yesterday or the day before as a possible ER play for next week and being in no man's land technically. I'm still cautious, but I've decided that I'm going to play it and this is why.Heineken-Ashi said:
If FSLY is going to go up, it's got a date with $30. The threat here and what separates it from POWL and PLTR is that it's heading into earnings overbought with indicators running hot. Even the weekly. PLTR and POWL had reset indicators prior to earnings. Not saying it won't pop. It just makes me more cautious.
Charismatic Megafauna said:
Alright i volunteered as tribute and just sold $22 calls for next week on my shares for $1.06
Y'all are welcome
$20 is support that we don't want to see break. Ideally it doesn't get below $21.40. $29-$30 is on the table if recent bottom holds. Gap fill is $28.96.Talon2DSO said:
I've not seen PATH posted here lately. With PLTR popping, is PATH about to do the same? Its showing high call volume and appears to he coiling.
Think I had my Stop a bit higher at 19.98 for some reason which triggered and executed. Enjoyed a nice 20% profit, but feels like it has room to run, and actually rethinking this might be one to be long in.Heineken-Ashi said:
Stop can be moved on new MARA shares to $19.75. You don't want to see it break below for further immediate upside.
Long term shares I'd leave alone unless you can't stomach a possible move to $10-$12 in the short to mid term.
Normally Id wait for a pullback but with BTC miners, look at the history.. they don't exactly act like normal stocks. You're going to have to make your own call. This is why I preach about trying to form a longer term position. I believe MARA will be $50+ at some point. Maybe a lot higher. I was lucky enough to get in the $8's and still have 75% of that original position. And I will be adding if this pulls backs to $20 and holds.ravingfans said:Think I had my Stop a bit higher at 19.98 for some reason which triggered and executed. Enjoyed a nice 20% profit, but feels like it has room to run, and actually rethinking this might be one to be long in.Heineken-Ashi said:
Stop can be moved on new MARA shares to $19.75. You don't want to see it break below for further immediate upside.
Long term shares I'd leave alone unless you can't stomach a possible move to $10-$12 in the short to mid term.
Is it worth getting back in for a move higher?
HoustonAg_2009 said:
Prog I bought last week when you mentioned it (thanks for that!) but it looks like you're adding on more…? This market is getting frothy as hell.
Heineken-Ashi said:
TSLA - For those with rich blood and bold only. Full buy! Stop $175 ($20 per share loss, so risky). If 4hr 21 EMA crosses the 34 today, that's a huge trigger. EMA's are already lined up on 1-hr. But need the 4hr to confirm. Gets even more bullish if the daily 8 crosses the 21.
Is this an earnings swing trade?Heineken-Ashi said:
TTD - I'd have stop at $66.50. $87 first target, potential up to $108.
