Futures bright green right now
more of an ascending channel I think...but could argue a wedge as well.TChaney said:
MPW
Not very good at reading charts like you guys but does this meet the definition of a Darvas Box?
Looking at the 1 mo chart from 5/15 to today
oldarmy1 said:
Reading through this last page gave me a headache. Irish gave great advice. Don't look at futures unless you trade them. When down over 15 buy the ES Mini call because we closed right up against the breakout and as stated "no way big money expend all this energy to get us here and not breakout".
If you can trade at 3am central then you have something you can do. I didn't plan on waking up last night because either we breakout and then I wouldn't be selling anything or we consolidate and I already have positions wanted and initial SPY long Puts to cover.
Now we watch for any bear attempt to lose $306 SPY or SPX counterpart or it's a fairly smooth opening to move towards that $313 mark.
Late buys on V look good. CRM, ROKU, AMBA and other positions look good. Everyone should be in good shape this morning.
TXAG14 said:
What's up with AZN?
Prognightmare said:
You mentioned ZM $200p yesterday, which date?
It's going bankrupt. We've all been sucked into a bull trap.TXAG14 said:
What's up with AZN?
oldarmy1 said:
Suntrust, Sipudon and Oppenheimer all 3 with V outperform calls this morning and average $220 target.
Just as these services get it wrong downgrading near bottoms they also tell me we're closing in on our top. But they are useful idiots to our cause today!
gougler08 said:
LADR and INMD both at the top of their box/channel in premarket trading...could see a run if they break through early
Pre market the stock is up to $8.20-8.4 or so. If it doesn't see a sell at open it could break that easily.Aggies1322 said:gougler08 said:
LADR and INMD both at the top of their box/channel in premarket trading...could see a run if they break through early
I have the top of LADR box at 8.51. Is that what you see?
CrazyRichAggie said:
I just got this email from Fidelity. Not sure what I did, maybe not enough cash in the account to day trade?
A violation occurred on 06/02/2020 due to day trading activity. As a result of this violation, your account has been restricted from day trading for 90 calendar days.
You got PDT'd. You can remove the restriction by getting rid of margin access on your account or upping your capital to $25K.CrazyRichAggie said:
I just got this email from Fidelity. Not sure what I did, maybe not enough cash in the account to day trade?
A violation occurred on 06/02/2020 due to day trading activity. As a result of this violation, your account has been restricted from day trading for 90 calendar days.
This. I only trade a small token part of my account, but because I have equities in the form of stocks, ETF's and mutual funds that exceed $25K I do not get PDT limited.jtmoney03 said:
Total in the account between cash and equities.
Yep...when I looked earlier it was trading near 8.50 but seems to have come back down a bit, will need to break and hold through that to get goingAggies1322 said:gougler08 said:
LADR and INMD both at the top of their box/channel in premarket trading...could see a run if they break through early
I have the top of LADR box at 8.51. Is that what you see?