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$30,000 Millionaire
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AG
I guess perspective is important.

sts7049
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AG
$30,000 Millionaire said:

I guess perspective is important.




looks like a h&s... better buy some puts!
$30,000 Millionaire
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AG
I did, that's why it looks like a H&S.
Cloud
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It's a Cat, folks.
AgEng06
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Cloud said:

It's a Cat, folks.

Or Batman...
$30,000 Millionaire
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AG
well, at least this week, I am a really really crappy trader.
$30,000 Millionaire
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AG
I am sharing because none of us are invincible.
$30,000 Millionaire
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AG
I have a few minutes - anything you guys want charted? Just fade whatever I say.
BrokeAssAggie
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Dead cat bounce
FJ43
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$30,000 Millionaire said:

well, at least this week, I am a really really crappy trader.
You're an excellent trader.

I could have made arguments for either direction this week just as easily.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

cptthunder
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$30,000 Millionaire said:

I have a few minutes - anything you guys want charted? Just fade whatever I say.
$GRMN
BrokeAssAggie
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$30,000 Millionaire said:

I have a few minutes - anything you guys want charted? Just fade whatever I say.
AMC and NIO
Cloud
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I want to be a combination of OA, FJ, 30k, and CRA when I grow up.
BrokeAssAggie
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Cloud said:

I want to be a combination of OA, FJ, 30k, and CRA when I grow up.
Yeah, no. I really don't have an idea what I am doing. Replace me with McGinnis
aggies4life
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AG
$jmia

Thanks
Cloud
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CrazyRichAggie said:

Cloud said:

I want to be a combination of OA, FJ, 30k, and CRA when I grow up.
Yeah, no. I really don't have an idea what I am doing. Replace me with McGinnis


it's your personality
OutlawAG04
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FJ43 said:

$30,000 Millionaire said:

well, at least this week, I am a really really crappy trader.
You're an excellent trader.

I could have made arguments for either direction this week just as easily.


Agreed excellent trader and chart wizard
bmoochie
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AG
CrazyRichAggie said:

Cloud said:

I want to be a combination of OA, FJ, 30k, and CRA when I grow up.
Yeah, no. I really don't have an idea what I am doing. Replace me with McGinnis


Which one?
BrokeAssAggie
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Cloud said:

CrazyRichAggie said:

Cloud said:

I want to be a combination of OA, FJ, 30k, and CRA when I grow up.
Yeah, no. I really don't have an idea what I am doing. Replace me with McGinnis


it's your personality
ok...good!
confucius_ag
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AG
PLTR moving
$30,000 Millionaire
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AG
SPX powered through resistance, but volume has been lower each day this week. The chart says this will continue. We are only at +1.5 ATR, remember +1 to -1 is normal movement.

I am going to remain short to see what unfold early next week. Thankfully, I only risked 5%, and well, what's another 0.5% with the 2.5% I've already lost to see if my thesis holds true. I am not going to encourage anyone to follow me, but I think with skew you should have hedges. Remember, especially with shorting, you are either in the move when it happens or you are not!

$30,000 Millionaire
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AG
$GRMN - this looks great. If you enter today (I wouldn't, you want to see gap fill), have a tight stop. If you can get this at $142 and macros look good, buy. Stop $141

FJ43
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$30,000 Millionaire said:

SPX powered through resistance, but volume has been lower each day this week. The chart says this will continue. We are only at +1.5 ATR, remember +1 to -1 is normal movement.

I am going to remain short to see what unfold early next week. Thankfully, I only risked 5%, and well, what's another 0.5% with the 2.5% I've already lost to see if my thesis holds true. I am not going to encourage anyone to follow me, but I think with skew you should have hedges. Remember, especially with shorting, you are either in the move when it happens or you are not!


The SKEW remaining above 150 since June 7th has me puzzled. Heck at 160 multiple times.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FTAG 2000
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AG
ACHV chart please.

They're getting some buzz now that Pfizer pulled Chantix. 52 week high is up at 18.26, looks like goal posts on 5/26 and 6/23.
$30,000 Millionaire
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AG
$AMC - I am in this, full disclosure

Monster wedge, entered daily squeeze. This is going to resolve soon. I would bias up vs. down. I expect resolution next week, hopefully with a breakout taking us to $100.

BrokeAssAggie
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You in AMC shares or calls?
cptthunder
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$30,000 Millionaire said:

$GRMN - this looks great. If you enter today (I wouldn't, you want to see gap fill), have a tight stop. If you can get this at $142 and macros look good, buy. Stop $141


Awesome, thanks! Ive been in @$141.75 looking to add around $136 if it get there again. Historically this just keeps on grinding up and the overall business seems very very strong
FJ43
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$30,000 Millionaire said:

$AMC - I am in this, full disclosure

Monster wedge, entered daily squeeze. This is going to resolve soon. I would bias up vs. down. I expect resolution next week, hopefully with a breakout taking us to $100.


I added July 9 60s today
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

BrokeAssAggie
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FJ43 said:

$30,000 Millionaire said:

$AMC - I am in this, full disclosure

Monster wedge, entered daily squeeze. This is going to resolve soon. I would bias up vs. down. I expect resolution next week, hopefully with a breakout taking us to $100.


I added July 9 60s today
$30,000 Millionaire
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AG
$NIO - also in this, but I am a bit concerned. I don't love the price action today with relative weakness to the market. That said, this pattern is valid until we close below the 21 (43.56). Volume also light and its an expiration Friday, so maybe today was a gift to add (or maybe I'm stupid).

The easy move is to the $48 area and then it's green skies to about $51.7. I added fibs so you can see $49 area as a target to go net free and leave some runners. I'd love a press release to push this to $55, but that's wishful thinking.

Net net, bullish consolidation.
$30,000 Millionaire
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AG
CrazyRichAggie said:

You in AMC shares or calls?
call spreads.
Spoony Love
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AG
Spoony Love said:

I took a MSFT 267.5 lotto at $14. Let's just see what the rest of the day has.
It's not a lotto unless you can lose it all. Whoooo!!
Mostly Foggy Recollection
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Added a bunch of NNOX January '22 $125 calls at .80. If no hiccups, I think this may be a $180 plus stock by EOY.
$30,000 Millionaire
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AG
$ACHV - I am saying this loosely because I trade biotech, but biotechs are the best way to lose your ass.

This pattern is bearish and if you notice, it keeps rejecting from the mean (21 EMA). The high 7s are going to be support, so it could be OK to take a long from here. Give yourself the gift of time. I'm not going to trade this, but I hope you get a parabolic move.

ProgN
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Mostly Foggy Recollection said:

Added a bunch of NNOX January '22 $125 calls at .80. If no hiccups, I think this may be a $180 plus stock by EOY.
This is a slamming your Johnson on the table type of call.
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