Do we think Amzn will hold? It is trying to hold on.

Aggiesincebirth said:

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Do we think Amzn will hold? It is trying to hold on.

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Any close above 1901 is bullish for tomorrow. There is a lot of support above 1900 right now. Needs to breakthrough 1909 to really start a run

Aggiesincebirth said:

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Do we think Amzn will hold? It is trying to hold on.

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AMZN is another that would have been $2000 by now if not for terrorist killings.

Clear as a bell break above LENGTHY (Aug) reverse head and shoulder. It is pure pennant formation over last 7 days, so appears everything is waiting to see de-escalation or all-heck breaking loose in the ME before push/fail.

george1992 said:

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Prognightmare said:

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If you want to play with a rattlesnake, SAVA is looking good for a day trade.

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Getting bitten by venomous snakes is my fetish man.

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SLV cup almost formed.

BYND on a tear

I pointed out on the thread and bought calls on GWRE a week or so ago at $105, where can you see this going?

I'm thinking $120 but would like your opinion.

Just picked up some BIIB

Prognightmare said:

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I pointed out on the thread and bought calls on GWRE a week or so ago at $105, where can you see this going?

I'm thinking $120 but would like your opinion.

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Cup $120-$123 as long as markets don't fry

Thanks

TLRA and DDOG both just continue tearing it up

oldarmy1 said:

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Aggiesincebirth said:

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Do we think Amzn will hold? It is trying to hold on.

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AMZN is another that would have been $2000 by now if not for terrorist killings.

Clear as a bell break above LENGTHY (Aug) reverse head and shoulder. It is pure pennant formation over last 7 days, so appears everything is waiting to see de-escalation or all-heck breaking loose in the ME before push/fail.

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Thank you to you and Irish. Love you guys opinion. Been getting a little risky early in the year been waiting for an amazon move since I sold my FB.

Go AMZN!!!

oldarmy1 said:

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NIO.....as posted on here.....sell or sell covered calls when it was punching $4.50.....$3.25 buyback target. I'd like to think I know NIO better than my own children.

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LOL, I was about to sell out my current position. I had forgotten your love for this one. So I doubled down instead and will look for some of that OA free money!!!!

oldarmy1 said:

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oldarmy1 said:

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SLV cup almost formed.

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Ok people....I told you yesterday about SLV. Let you know on above post what's up BEFORE doing what I just did and that is a planned large hedge holding for 2020.

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very nice, I'll watch for entry soon, maybe on the downside of the handle. I own SSRM, but haven't seen it budge much.

oldarmy1 said:

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NIO.....as posted on here.....sell or sell covered calls when it was punching $4.50.....$3.25 buyback target. I'd like to think I know NIO better than my own children.

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Placed a limit order at 3.25 this morning

AMZN!

oldarmy1 said:

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NIO.....as posted on here.....sell or sell covered calls when it was punching $4.50.....$3.25 buyback target. I'd like to think I know NIO better than my own children.

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Thank you sir! You don't know how much I appreciate this advice. (Nothing is guaranteed, but still)

Personally, I'm very wary about NIO especially after Tesla just opened up shop there. Chinese love Western things and I think Tesla will be the winner in the EV battle in China

Adding to NIO at $3.30

IrishTxAggie said:

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leoj said:

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I agree on both, you never know though.

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545?

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Not so outlandish at this point. Wow

And as you guys know the targets are not perfect, they are areas I pull the trigger. I just bought back all the NIO shares sold at $4.50 for $3.28-$3.29 Close enough.

Big volume NIO....see how support looks here at our $3.25 area. Hit low of $3.21

We have two 1 million share minutes....good start

IrishTxAggie said:

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Personally, I'm very wary about NIO especially after Tesla just opened up shop there. Chinese love Western things and I think Tesla will be the winner in the EV battle in China

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But can the Chinese afford Tesla vehicles?

If anything I would expect them to reverse engineer the hell out of Tesla.

PearlJammin said:

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IrishTxAggie said:

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Personally, I'm very wary about NIO especially after Tesla just opened up shop there. Chinese love Western things and I think Tesla will be the winner in the EV battle in China

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But can the Chinese afford Tesla vehicles?

If anything I would expect them to reverse engineer the hell out of Tesla.

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China is offering a huge EV credit and putting production there will make the Tesla's cheaper than compared to us.

PearlJammin said:

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IrishTxAggie said:

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Personally, I'm very wary about NIO especially after Tesla just opened up shop there. Chinese love Western things and I think Tesla will be the winner in the EV battle in China

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But can the Chinese afford Tesla vehicles?

If anything I would expect them to reverse engineer the hell out of Tesla.

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Nope...but they could buy NIO. hmmm

Did you mention you were selling at $4.50 before doing so?

Hate that I missed it

Jizzle89 said:

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Did you mention you were selling at $4.50 before doing so?

Hate that I missed it

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Yes.

It will be back. I was cursed at on Twitter with people telling me there's no way it see's mid $3's again and that I was a fool if I thought $3.25 was possible.

Where you getting out this time?

You guys also see Sony unveiled an electric car concept at the CES show? Joint deal with MGA.

All of this is not to be viewed as competition at this time. Maybe 10-15 years from now, but right now what you get from new entrants of huge players is validation of the market. That will create value buyers along with growth and places a NIO in a nice juicy position. The only issue you will read about on NIO is funding needed. Well when these multi-billion dollar entities are showing desire to enter the market space, and when you already have one that has increasing unit sales, it's not going to be hard to secure funding. That news will be the next propellant upward for NIO.