QQQ needs to find some bounce here around 371.5 or we getting ugly

DWAC $78.83 / -$7.40 ... cooled off

Aggiesincebirth said:

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FJ43 said:

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Aggiesincebirth said:

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Is anyone in here still in SNDL? Trying to figure out what to do with this one. Another small cap who has good news and falls. I know some people are really not fans of this stock understandably. My average is 0.68. It's run up to .95 at least once in the last 2 months and was stable above $1 till about 6 months ago

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Have you been selling covered calls against shares?

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Yes sir! It's been my bread and butter the past year picking up about 3% a month. Just wondering if people think this stock has potential to run hard on them acquiring that big liquor distributor and also sitting on no debt and a ton of cash

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Awesome.

Risk is a reverse split although I am not sure they let that happen. Can only stay under $1 for so long.

Irish 2.0 said:

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Remember, do not buy this gap up. I would not look to get long anything, even for a scalp, unless we can take out yesterday's opening high. 460 SPY and 376.50 QQQ is what I'll be watching and waiting on

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You're welcome...

Got some TTD at $70...not as much as planned but want to see if we have more movement down....

SPY found decent support on the 1 min candles at 460. Will see if this is a battle line drawn or not. It's pretty close to the 100 DMA.

planoaggie123 said:

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Got some TTD at $70...not as much as planned but want to see if we have more movement down....

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Working on the h-down on the 5 and 10 minute charts.

BaylorSpineGuy said:

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SPY found decent support on the 1 min candles at 460. Will see if this is a battle line drawn or not. It's pretty close to the 100 DMA.

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Save yourself some headache and stop watching the 1min chart

and we are red..

Algos about to turn on if the previous post was correct. A little sideways selling then down it will go.

Lol what do u watch? I feel like so much happens if u only watch the 5 min or 15 min charts?

Rather they stay off and yank us into the 200DMA to get this crap over with

BaylorSpineGuy said:

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Lol what do u watch? I feel like so much happens if u only watch the 5 min or 15 min charts?

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5mins if I'm in a trade. 60min and Daily for everything else.

Irish 2.0 said:

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Rather they stay off and yank us into the 200DMA to get this crap over with

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let's get ugly

A message from the SPY 100-EMA

Yep but did the same last week. As long as key support areas hold should be fine. I don't want to see 74 break.

Eventually this would be the mother of all stocks to short. At this valuation the poster merger market cap of Truth Social is half of what Twitter is right now.

Truth Social could be really legit if Trump wants it to be. Between Trump, Rogan, and Elon that's a lot of influence there. It can't turn into a right wing cesspool. Especially if Trump runs, I want to see how they moderate other candidates. Twitter is hurting now so Trump is smart he could give them a huge blow

Irish 2.0 said:

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Irish 2.0 said:

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Remember, do not buy this gap up. I would not look to get long anything, even for a scalp, unless we can take out yesterday's opening high. 460 SPY and 376.50 QQQ is what I'll be watching and waiting on

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You're welcome...

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Thank you.

I think SPY is going into the 454's. It was there and below overnight.

I think between now and the end of January, if it looks like a bull, it's a bear.

Max Stonetrail said:

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Irish 2.0 said:

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Irish 2.0 said:

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Remember, do not buy this gap up. I would not look to get long anything, even for a scalp, unless we can take out yesterday's opening high. 460 SPY and 376.50 QQQ is what I'll be watching and waiting on

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You're welcome...

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Thank you.

I think SPY is going into the 454's. It was there and below overnight.

I think between now and the end of January, if it looks like a bull, it's a bear.

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OPEX is this week. We should start to see the fireworks one way or another on Monday. I'm in Atlanta basically all of next week, so I won't be able to play.

$NQ_F hit 15380 and dropped $NQ_F 15150-15136 a good bounce is possible

Below 15136- 15095

— PK Day Trading (@PKDayTrading1) January 19, 2022

$SPX 4563 - 4547 - 4535 strong support and expecting closing above 4600 today.

"GREEN CLOSE"

— PK Day Trading (@PKDayTrading1) January 19, 2022

370 the floor on QQQ?

IPPE?

Farmer @ Johnsongrass, TX said:

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IPPE?

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Oh....You're good!!

Always had a good time there

Irish 2.0 said:

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$NQ_F hit 15380 and dropped $NQ_F 15150-15136 a good bounce is possible

Below 15136- 15095

— PK Day Trading (@PKDayTrading1) January 19, 2022

$SPX 4563 - 4547 - 4535 strong support and expecting closing above 4600 today.

"GREEN CLOSE"

— PK Day Trading (@PKDayTrading1) January 19, 2022

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That second tweet would be a helluva ride. If we see 4535 it will hit my target and I am out. I will play the downside here and pass on speculating that kind of rally, especially before the Brandon news conference that begins at 4:00 ET.

Another red day.

It was hit this morning wasn't it?

Ragoo said:

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370 the floor on QQQ?

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today maybe...looks like a bear flag on all time frames.

I'd put 365 as the floor, maybe even a flash below. that's 200 day ema.

It will not be well attended this year from the sounds of it Cobb cut their attendance to 1/4. ADM is only sending senior personnel I believe. Alltech has cut their people in half. It's gonna be a ghost town is my guess. Only reason I'm going is to take my larger customer to supper.

green close prediction, with VIX moonshot like this!? good luck PK trading!

Wow. That's a big @$$ venue for a ghost town. Sad to hear.

Whatever you do, DO NOT let them drag you to the Cheetah Club........go willingly..

Farmer @ Johnsongrass, TX said:

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Wow. That's a big @$$ venue for a ghost town. Sad to hear.

Whatever you do, DO NOT let them drag you to the Cheetah Club........go willingly..

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Oh, I'm well aware. Been attending this show for like 10yrs now.

Farmer @ Johnsongrass, TX said:

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Always had a good time there

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Really,....it was all a dream, nothing more..