Agree, we push through there then we have the 50-day SMA around $48.30. Next resistance after that $50.FJ43 said:
UPWK - If it can hold this level and build we have a shot. Been rejected right here at 47.40 2X past few days.
All the China and over leveraged stocks look the same today. TME is nothing special today. The banks might finally be done unwinding all the ****clinto said:
Any of you follow TME?
little uptick in volume.Mostly Foggy Recollection said:
Let me see ya UP WORK
UPWK trying to get off the tit and on the horse.
Where you been man?59 South said:
So we bullish now?
I think we need to cool off here (we could be doing that with some sideways movement).FJ43 said:Where you been man?59 South said:
So we bullish now?
Agree$30,000 Millionaire said:I think we need to cool off here (we could be doing that with some sideways movement).FJ43 said:Where you been man?59 South said:
So we bullish now?
Pay more attention to the price candle itself. Large red volume doesn't mean negative if the price action stayed relatively flat without causing a selloff.Tomas Hermensa said:
More questions on volume spikes - do intra day volume spikes give more or less potential that the stock is headed in the green/red direction related to the high volume? For an example I give you big red Ladr and big green WWR:
Interesting enough both of these have trended away from the direction of these big volume candles over the last hour. Updated plots:Tomas Hermensa said:
Thanks. That's what it made me think. However, for LADR why would someone want to sell 140,000 shares immediately instead of selling slowly over a few days to get a better price? Likewise why would the buyer for WWR pound that buy in at once instead of buying over time? Especially these companies when there's no earnings or other news and when they could have been sold or bought for more favorable prices over the past few days?
Could this be someone trying to move the stock in the direction they want to go? Could it be someone trying to sell or buy before the stock moves away from them? Could this be just poor execution by retail?
They're still mostly dead.tsuag10 said:
Well, my Friday SPY puts were dead.....
Last October.Jet Black said:
Any thoughts on a good entry point for MARA?