McInnis 03 said:

---

TWLO TO MOON

---

Oh that will help my account tomorrow

willowratio said:

---

Noob question regarding cup and handle pattern. What time frame do you look at? I'm sure it depends on many factors, but generally?

I cant post a pic but if someone has time, could you look at BLND, 6 month time frame.

I'm seeing a cup starting right before December at 11.40ish.

Thanks In advance.

---

I know nothing about this company or it's fundamentals, but technically it's way overbought on the stochastics and the RSI is approaching 80 so I wouldn't buy it here. It's gone from $6.50 to almost $10 in 9 trading days, it's due for a cooling off IMO. If it back tests $8 or less, I'd probably buy it. To complete the cup, it has to get to 16 but some firms lowered their price targets so that may be a little while. Hope that helps.

ETA: I added it to my watchlist, thx for the idea.

DavysApprentice said:

---

ProgN said:

---

Dan Scott said:

---

https://www.businesswire.com/news/home/20220209005395/en/IronNet-Announces-Agreement-with-a-Gulf-Cooperation-Council-Country-to-Provide-Collective-Defense-for-Critical-National-Infrastructure

Go baby go. This is another nice spec stock. CEO on board of Amazon and former general. Need to get some government contracts

---

This should be your sig when one of your stocks does well.

---

Might get some action on those 2024 5 dollar leaps tomorrow. Maybe a chance to go net free

---

Based off AH action you should.

ProgN said:

---

OutlawAG04 said:

---

My DIS leaps are going to look good in the morning! Have $125s and $130s I picked up earlier in Jan. For what it is worth, Disney isn't going anywhere. They have a revolving door of kids and adults that will want to continue to experience the Disney magic.

I know a few dads on here (like myself) go to Disney every year. A few things to note:

1. They are trimming excess costs (shuttle rides from the airport called Magical Express that used to be free now cost $160 round trip from the airport for a family of 5). Granted many drive to Disney, but I have to imagine over half the guest are flying in from other locations
2. They still don't have meal plans because they do not have enough restaurants open to justify it (or at least that is what they say)
3. They took away fast passes and now have this stupid thing called Genie pass that you have to pay additional money for.
4. They have one or two rides at each park that you can't use the genie pass and you have to pay additional cost on top of that (surge pricing can range from $7-14 per head)
5. All merchandise and food prices are up (as I suspect some is inflation related and some is because they are Disney and will take what they can get)
5. IT IS THEIR 50TH ANNIVERSARY

If this COVID stuff calms down as I suspect most people think it will, their attendance is going to be through the roof this year. Combine that with the fat they trimmed during COVID... numbers will continue to improve.

They averaged 57,000 guests per day prior to COVID at Disneyworld (most say it dropped to the mid 30k range during COVID). I just got back a week ago and asked various staff if they thought things were getting busier and they think this will be the busiest time they have had in years.

Disney plus will continue to be a winner. My kids use it every day and should be well positioned for live streaming

---

I just hope they come to their senses and drop the vax mandate for their cruises. I really want to take my son (he's almost 7) on one but he's not taking that mRNA crap. If they drop the requirement, then I'll be reserving a trip.

---

I've been on their cruise once and it was a good time, good was a step up from your Carnival and Royal Caribbean's as well

Thanks for the answer. I'm in a little under 7 thinking long term. It's popped for sure the last two days.

I've never been on a cruise but I'd like to take my gf, her son and my son on a Disney cruise. I think it'd be an experience for him to remember.

willowratio said:

---

Noob question regarding cup and handle pattern. What time frame do you look at? I'm sure it depends on many factors, but generally?

I cant post a pic but if someone has time, could you look at BLND, 6 month time frame.

I'm seeing a cup starting right before December at 11.40ish.

Thanks In advance.

---

The books like to say to find it on daily and over a period of months....But you can find it on other time frames. Longer the time, the more legit he signal imo.

That being said, the logic behind the pattern is nothing more than a resistance.....followed by a drop into a low that recovers back to said resistance, then another pull back from resistance to a HIGHER low, then a rise BACK to resistance which then is breached.

In reality this is two thirds of a inverse head and shoulders if you think about it.

A good follow for me on twitter is @Michigandalf (horselover fat) and he said resistance is like the front door....Knock once...no answer...knock twice....maybe this gets you off the couch....knock thrice and I'm coming the he dang door.....it's usually enough. Four times? BETTER BE READY BECAUSE I'M COMING HOT.

Same goes for resistance many times. Especially when he buyers show the want....(higher lows)

That's funny.

https://www.cnbc.com/2022/02/09/peloton-ceos-first-all-hands-meeting-cut-short-as-ex-staff-crash-it.html

IRNT $4 calls had about 5k volume and ended the day at .02. Somebody knew something. They are going to open over $1 tomorrow.

Still going now $5.14. It's got a gap to fill to around $6.70

Dan Scott said:

---

Still going now $5.14. It's got a gap to fill to around $6.70

---

Hello gamma squeeze?

Got some 2/25 160s for DIS
Any chance it pushes before then to fill that massive gap from 163.5 to 173?

Man I got Capital IQ access recently - really nice to have all this data on hand, assuming fundamentals matter again at some point. Writing my first equity research report for school right now, been fun pulling it all together. At a minimum my targets are similar to some other analysts with way fancier titles/tenure, so at least I'm not crazy!

DIS to 180 by March.

not sure how many saw it, but aggiedaniel posted about "earnings drift" the other night - basically a stock can drift in that direction for months (and at least weeks). I had never heard of it, but it is a real phenomenon.

Here's the last time (that I can see) that the mouse was beat down and earnings sent it sky high. November of 2020, spiked on earnings, model T pullback, then ran again the next week, then 180 by December (from pre-earnings low of 125ish.
send Mickey to the moon!

EngrAg14 said:

---

Got some 2/25 160s for DIS
Any chance it pushes before then to fill that massive gap from 163.5 to 173?

---

maybe right after the open tomorrow those are briefly in the money, I'd then expect a pullback. I'd sell them on that pop, then look to reenter around model T of that big earnings candle.

BREwmaster said:

---

DIS to 180 by March.

not sure how many saw it, but aggiedaniel posted about "earnings drift" the other night - basically a stock can drift in that direction for months (and at least weeks). I had never heard of it, but it is a real phenomenon.

Here's the last time (that I can see) that the mouse was beat down and earnings sent it sky high. November of 2020, spiked on earnings, model T pullback, then ran again the next week, then 180 by December (from pre-earnings low of 125ish.
send Mickey to the moon!

---

It's gotta hold this gap first.

BREwmaster said:

---

I'll bet you beers it does. not for both of you, just beers for the 1 of you, lol

---

We are long so we already wagered

BREwmaster said:

---

FJ43 said:

---

ProgN said:

---

Morning FJ

---

Morning….(well afternoon now)!

Hope you've been killing it today.

---

been scalping Q's with FJ like precision

Loving it! (and it helps I'm getting good at it). I haven't done much of anything else in the last couple weeks. Just scalping Q's and SPY (while watching VIX)

---

Go get'em bro!

I'll trim VIAC with any pop on the open and set a trail on remaining shares. 7-10% on shares in a 48 hours hours is enough for me.

Hmmmmmmm

AMC

I was just looking at VIAC today. I traded it (sold puts and used the premium to buy calls) earlier this year, but I got out of it when volatility ticked up and had not gotten back in. So congrats on the trade.

To me it seems like a good beaten down value play if/when we enter a longer-term bear market. Your thoughts on that? Or was this simply a technical trade for you?

aggiedaniel earnings drift incoming?

Note the volume.....

Bob Knights Liver said:

---

I was just looking at VIAC today. I traded it (sold puts and used the premium to buy calls) earlier this year, but I got out of it when volatility ticked up and had not gotten back in. So congrats on the trade.

To me it seems like a good beaten down value play if/when we enter a longer-term bear market. Your thoughts on that? Or was this simply a technical trade for you?

---

A bit beaten down but a technical trade (EMA crosses below resistance) and into earnings. Earnings is the reason I'll trim and trail.

Wasn't the requirement that it was an earnings surprise? So if the stock is moving up prior to the earnings in anticipation that it may beat expectations then does that still drift? Or in that case does it pop and then pull back and consolidate as many of the investors playing the earnings take their profits?

Bob Knights Liver said:

---

Wasn't the requirement that it was an earnings surprise? So if the stock is moving up prior to the earnings in anticipation that it may beat expectations then does that still drift? Or in that case does it pop and then pull back and consolidate as many of the investors playing the earnings take their profits?

---

Earnings and revenue were both surprises. 26% on earnings and 3% on revenue.

Not sure on the other. Would have to go back to his post. Was skimming and memory banked earnings drift.

Sheesh UBER was a surprise. Check the beat.