MOMO huge volume and a spike. It was WAY oversold

claym711 said:

---

There's been no weekly bar close to this deep since the financial crisis. If this doesn't bounce, I suspect this virus issue is far worse than we are being told or something else is up. Market doesn't bleed off 10% in a week out if fear.

---

It is both technical and fear.

China shut down much of their economy in January, How could this not have a damaging effect to our own economy, and the financial market?

Any why did Xi shut down the PRC economy, and force a quarantine upon hundreds of millions? Well, we will soon know, and I suspect we will see that Xi has taken rational action.

Most American's were not paying attention. At least enough attention to take prudent steps to mitigate risks. Even during last 2 weeks we were celebrating "market "highs".

General recognition of real risks to the domestic and global economy has only now arrived, even among professionals. And a multi-faceted fear for the future is amplifying the crisis.

Interesting virus play movement all around. Almost like they realize it's the flu

Lots of intraday reverse H&S forming. Need to rip up here soon.

I'm thinking it goes lower. I'm holding my 290p since they dont expire until next week.

This my inexperienced guess and not at all based on analysis

The area we're at now is a big back test area. Needs to hold

Fidelity's alerts have been having major issues this week and it is pissing me off. Delayed alerts coming through hours after the fact and also periodically not letting any new ones be set.

Prognightmare said:

---

ROKU

---

What is the best way to protect ROKU 113c 2/28 besides selling half? Sell higher calls? Buy puts? Let it ride?
ETA: sorry wrong emoticon

That right empty projected circle just got hit and a bounce occurred. Need the mirror to now regain buyers.

I'll never understand the mirror reverse head & shoulder but trade it because AI does AI things.

BenRev09 said:

---

Prognightmare said:

---

ROKU

---

What is the best way to protect ROKU 113c 2/28 besides selling half? Sell higher calls? Buy puts? Let it ride?

---

Sell higher calls. It will cap your potential and reduce your risk

IrishTxAggie said:

---

BenRev09 said:

---

Prognightmare said:

---

ROKU

---

What is the best way to protect ROKU 113c 2/28 besides selling half? Sell higher calls? Buy puts? Let it ride?

---

Sell higher calls. It will cap your potential and reduce your risk

---

THIS

oldarmy1 said:

---

That right empty projected circle just got hit and a bounce occurred. Need the mirror to now regain buyers.

I'll never understand the mirror reverse head & shoulder but trade it because AI does AI things.

---

Beautiful!

DIS came within .14 of closing the massive gap bouncing at 118.00. Wow.

$306 will become a little resistance based ojn mirror/

Check out the red green reversal on the 30 minute chart of RCL and the beautiful daily hammer forming for those of you who are into that kinda thing!

With the large swings lately on Tesla, it seems you can buy an equally priced Call and Put and you're almost guaranteed to make money one way or the other.

I would just like to point out that CVET is up 3.25% today.

speculating


/s

I'm not buying or selling. I'm sitting.

Honestly I've learned that typically is better to sit still if you're not understanding what going on.

Normally this pays in the long. However right now I'm slightly kicking myself for not taking more action

Talon2DSO said:

---

I'm not buying or selling. I'm sitting.

---

Not to brag but I'm green 7$ on the day in my trading account

Citron with a pump on SDGR related to the virus crisis.

I feel like a boss for clipping those RCL puts at the very bottom!

khaos288 said:

---

Talon2DSO said:

---

I'm not buying or selling. I'm sitting.

---

Not to brag but I'm green 7$ on the day in my trading account

---

Nice!

You ain't lying

claym711 said:

---

Much needed relief bounce. Was heading for bunker if we didn't get it. Haha

---

Did you buy today? Back into equities at least partially?

Have about $5k to play around with today or tomorrow. Debating whether to be aggressive with some Exxon stock.

Cromagnum said:

---

Have about $5k to play around with today or tomorrow. Debating whether to be aggressive with some Exxon stock.

---

I pulled the trigger this morning in my IRA on XOM.

They say averaging down has killed more jews than the holocaust, but guess I'm safe since I'm not jewish.

Hammers looking to form everywhere, should bode well for a short term bounce back at least

gougler08 said:

---

Hammers looking to form everywhere, should bode well for a short term bounce back at least

---

Seems like everything is fragile, even short term. My worries at any moment is news from the EU on shutting anything down etc.

My TWI is up 20% today to $2.39... To bad at in at $21.21