Another 2k WWR here
Thanks.KT 90 said:Irish 2.0 said:
Can someone give me the cliff notes on WWR? Maybe I'll take a little teaser her and grab a few thousand today.
It is a mass acquisition play. Not really expected to take off until Q1 2022, but we did have a spike a few months back prior to this recent trip to the $3 range.
here's the gist of it. I believe the 10 min, 8 to 9 ema is what quite a few here use to scalp.AG 2000' said:BREwmaster said:McInnis 03 said:cisgenderedAggie said:FJ43 said:
I just started trying to digest his stuff. What's the magic formula you mention? Haven't seen or heard that. Or are you just calling something of his magic?
#tradingtips
— Ripster (@ripster47) January 26, 2021
Follow my 10 Min rules on my plays
Use them to manage risk/stops
✔️10 Min 5-12 EMA Clouds - This Holds Trend Holds-long or short
✔️10 Min 8-9 EMA ribbon can serve as Pullback Adds
✔️10 Min 34-50 EMA Final Line Stand for trend Hold, use to confirm Swing with 1Hr
@Irish 2.0 here's one of the original posts.oldarmy1 said:
WWR is one of my mass accumulation stocks for 2021. Lot of swings on it and I don't know if it drops back to the $5 area. So I took a decent size position last two days and used covered calls on 30%. Also sold a bunch of $5 naked Puts. It would be a very Merry Christmas if it came below $5 for those to be assigned at $4 net entry.
Letting you guys know I've made a decision on it after speaking with two people in the company.
We're here.McInnis 03 said:
On SPY Gap....
Bear in mind 415.27 was the high of the gap down day.....if we break this today we could see quick escalation back to try and fill the gap, but I think it's asking a bit much. Watch 415.27 though.....I have the low on the day before the gap down day as 417.81
3 day rule on post ER sale for me personallyBullSprig07 said:
Buy the Dip on $DIS?
CVNA starting to make a move. Full disclosure, had to average down when it was in the $2's from the first play.McInnis 03 said:
So I just created a scan on the daily that searches for RSI(2) sub - 5, CumuRSI sub-20, and si above the 200MA......Going to take a flyer on CVNA as it barely meets the criteria......buying 245C for May21
Also KMX 130C May21.....
Gotta get the feet wet somehow. :\
McInnis 03 said:We're here.McInnis 03 said:
On SPY Gap....
Bear in mind 415.27 was the high of the gap down day.....if we break this today we could see quick escalation back to try and fill the gap, but I think it's asking a bit much. Watch 415.27 though.....I have the low on the day before the gap down day as 417.81
I'm in. Grabbed 15 6/18 2.5C at 1.35. This is something I prefer to do when I actually jump into 'equity'. I buy deep ITM calls as to not tie up the capital. Just an easier thing for me since I day trade and trade options more than anything. Tie up $2025 for a month instead of $5730Irish 2.0 said:Thanks.KT 90 said:Irish 2.0 said:
Can someone give me the cliff notes on WWR? Maybe I'll take a little teaser her and grab a few thousand today.
It is a mass acquisition play. Not really expected to take off until Q1 2022, but we did have a spike a few months back prior to this recent trip to the $3 range.
Think I might just grab some ITM calls so I don't tie up the capital.
Sorry am trading like a mad man today.cisgenderedAggie said:FJ43 said:$SPY gap fill watch $416.86. I'm counting on the efficiency of the markets to clean up that gap with some flash overrun, to execute a full hedge strategy.
— 2021 Opportunity Stocks Knock (@oldarmy1) May 14, 2021
Sometimes I struggle to follow the actionable advice from OA. Does this mean to start buying puts?
Go out further for less risk of decay. OA is getting the 6/14 380 putscisgenderedAggie said:McInnis 03 said:We're here.McInnis 03 said:
On SPY Gap....
Bear in mind 415.27 was the high of the gap down day.....if we break this today we could see quick escalation back to try and fill the gap, but I think it's asking a bit much. Watch 415.27 though.....I have the low on the day before the gap down day as 417.81
So puts for next week, right?
Not sure or if we will find a new temp base in the mid 411-412s. I'll take on some weekly puts pretty much ATM (415 or 416P) around 416.30s and some June date 400s most likely.cisgenderedAggie said:
Back to 410 for next Wed?
UncleNateFitch said:
I just need someone to tell me what pltr is going to do.
Even if it's some nonsense you just made up. Just go ahead and tell me. ****.
Biggest issue I had with my learning curve to trade TA is forcing myself to ignore fundamentals. The lines and volume is what matters in TA. Not the outlook or forward thought. Anything I put into a fundamental trade, I consider it a hero or zero playBourbonAg said:
Just started reading "Getting Started in Technical Analysis" by Schwager. I am only 25 pages in so far but it seems like it is going to be a great starting point.
H-town ag said:
Anyone in BIGC? I am trying to clean up my portfolio by cutting some losses. Any hope with this one?
Needs to close over the 10DMA at 20.07 to get that going.CrazyRichAggie said:
PLTR can break $20 I think we see a nice little run. Broke out of its channel a few days ago and will finish above the 8 day EMA
Chinese thing acquires US trashy shell company so they don't have to do paperwork to form a US entity?LatinAggie1997 said:
Anybody explain what this means....
https://www.prnewswire.com/news-releases/shanghai-yicheng-culture-acquires-egoc-energy-1-corp-in-us-to-accelerate-its-vision-to-establish-an-international-expansion-platform-301291513.html
Mine is working ok at the moment.$30,000 Millionaire said:
well, I can't really trade without ATP working. ****e.