Found out why TWTR took it's major hit...

For the first time they published their daily active user count... 126MM active daily users...which is 60MM less than Snapchat's daily users.

Also no one can know if we have a 2-3 week pullback. It's all numbers hitting support. Heck the markets could pull a reversal and crush the shorts. You approach your positions on hitting marks 1st and THEN add technical analysis for fine tuning.

They've put a lot of resources into knocking out bot accounts, obviously there are some in that count, but not nearly as many as would've been 18 months ago.

SONO bounced hard off that 10.50 mark...didn't get my limit buy in time for that so may wait to see if it slowly comes back down this morning/afternoon

Also, NIO is back below that upper resistance line...may have just been a fakeout yesterday

gougler08 said:

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Also, NIO is back below that upper resistance line...may have just been a fakeout yesterday

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Like JD and most trends we'll have to see where the next major support develops. We started at $6 with anything there or flash below was goldmine money. Then $6.50 became the new major support with there or flash below easy money. So let's see where we find major support on trend and its all fun and games.

Did you hedge on the big push yesterday?

NIO has been one of the easiest stocks to trade and the bigger pop muddies the waters a little, but not the over-arching story.

NIO. So easy an amateur should be able to see it. Clear steps on support. Note the big volume on this most recent move from its last step. That makes it more difficult because once this kind of volume hits it could shake and run or return to form its next step.

Here is JD. Same dang thing. My analysis shows $23.50 would be great opportunity for entry.

Kudlow just said a China trade deal is far away.

Prognightmare said:

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Kudlow just said a China trade deal is far away.

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Kudlow is a ****ing *****...but thanks for the entries.

IrishTxAggie said:

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Prognightmare said:

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Kudlow just said a China trade deal is far away.

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Kudlow is a ****ing *****...but thanks for the entries.

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https://www.cnbc.com/2019/02/07/stock-market-us-stocks-focus-on-earnings-and-trade-war.html

Quote:

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Stocks fell on Thursday after White House economic advisor Larry Kudlow said China and the U.S. were still far away on striking a trade deal. A cut in the euro zone growth forecast also reignited fears that the global economy may be slowing down.

The Dow Jones Industrial Average dropped 224 points as DowDuPont lagged. The S&P 500 declined 1 percent, led lower by the energy sector. The Nasdaq Composite pulled back 1.1 percent.

The European Commission slashed its growth outlook for the euro zone this year as it expects the bloc's largest economies to be held back by global trade tensions, among other issues. The Commission said euro zone growth will slow to 1.3 percent this year from 1.9 percent in 2018, before rebounding in 2020 to 1.6 percent.

That growth outlook sparked worries that the global economy could be slowing down. Similar fears contributed to the market's sharp downturn in December. That decline briefly sent the S&P 500 into bear-market territory on an intraday basis.

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Kudlow needs to shut his pie hole. He's gonna tank the markets.

Ok OA, with the market over-bought, EU slashing growth forcasts, oil going lower and China deal far off, what puts look attractive over the next 2 weeks?

MNGA under 2

clobby said:

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MNGA under 2

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Well under $2... This is ugly! Great entry if you're confident enough in it though.

Bounced really hard off of that $1.83

MNGA finally! Volume on the flash below $2. Brutal short term I know.

Which sucks more right now, MNGA or AVEO?

UpstateAg said:

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Which sucks more right now, MNGA or AVEO?

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Yes...

That's like asking do you prefer to get kicked in the balls on Monday or Tuesday....regardless, you're getting kicked in the balls.

Because I wasn't diversified that well in my RH account, it looks like someone jumping off of a cliff into a pile of rocks.

I'm on RH and I cant do anything with MNGA

I've double downed on MNGA. We'll see

It's up for me on RH

I have picked up a few shares, but its being a little buggy.

E said:

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I'm on RH and I cant do anything with MNGA

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I contacted them for you and it should be back tradeable under MNGA with new Taronis Technologies name

I suggest looking at the Level II from another site before putting in your order on RH. They're glitchy as hell right now on MNGA

oldarmy1 said:

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E said:

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I'm on RH and I cant do anything with MNGA

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I contacted them for you and it should be back tradeable under MNGA with new Taronis Technologies name

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Type in Taronis Technologies and see if the MNGA symbol works.

I can't access it on my app or desktop. RH still has my pre-RS and post-RS buys averaged so it says I have a 1.26 average when in reality it's around 4...

I just want to get out of this POS

Edit - Taronis Tech shows up for me, they must have not moved my shares over yet

BAC losing $28. Come on down!

IrishTxAggie said:

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UpstateAg said:

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Which sucks more right now, MNGA or AVEO?

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Yes...

That's like asking do you prefer to get kicked in the balls on Monday or Tuesday....regardless, you're getting kicked in the balls.

Because I wasn't diversified that well in my RH account, it looks like someone jumping off of a cliff into a pile of rocks.

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You are one of my favorite posters. We have to drink Guiness someday and toast our Irish heritage.

Prognightmare said:

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Ok OA, with the market over-bought, EU slashing growth forcasts, oil going lower and China deal far off, what puts look attractive over the next 2 weeks?

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PNC, ALGN, RDSA

All on bounce moves. PNC gave that nice bounce move about 5 minutes after typing for entry.

Also CRON. Markets have multiple pullback days and $18 Puts on CRON will be sweet.

https://www.cnbc.com/2019/02/07/trump-is-highly-unlikely-to-meet-chinese-president-xi-before-march-1-trade-deadline-sources-say.html

Quote:

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A meeting between U.S. President Donald Trump and Chinese President Xi Jinping is "highly unlikely" to take place by March 1, the deadline the two countries set for reaching a trade deal, according to a senior administration official.

While the leaders of U.S. and China are still expected to meet, and may do so "shortly thereafter," there is currently too much work to do in too little time, both to flesh out a deal with China but also to prepare Trump for a high-stakes meeting with North Korea's Kim Jong Un at the end of February.

White House officials have advised against merging the two issues, despite China's invitation for Xi and Trump to meet immediately following the Kim summit.

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RUH ROH

52D Chess

I had CRON Puts in place and down she goes.

First break down day accelerated fairly quickly as one would think. Right now will be 2nd dip buyers move back up IMO. Another h will be on watch above 2700.