Thoughts on Victoria's Secret & Co?

It's Been moving

$30,000 Millionaire said:

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Before anyone here is a dick, this is close enough to be $300 on TSLA.

Be patient on SMCI. Still think it delists.

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This is generally not good for the stock price, right?

I'm still holding but thinking I'll cut my losses tomorrow and redeploy that capital.

Heineken, do you still think DJT is a buy at $22 now that everyone's selling the news? Getting pretty close to it.

09Ag said:

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Heineken, do you still think DJT is a buy at $22 now that everyone's selling the news? Getting pretty close to it.

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I was wondering this as well because I would think there would be a time or two where it will react to some bit of news and then always Inauguration Day

Heineken-Ashi said:

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$30,000 Millionaire said:

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Before anyone here is a dick, this is close enough to be $300 on TSLA.

Be patient on SMCI. Still think it delists.

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Miss you around here. You doing well?

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Yes, and thank you. Hope all is well on your end. I have been extremely busy professionally and something has to get dropped. I try to be active in OA's group.

this just looks terrible.

I will probably short a gap up in $TSLA tomorrow.

SPX needs to mean revert. Same thing on shorting a gap up. Don't be a dumb ass, let it go into R1 or something and reject, then you go short.

My two cents on $DJT: needs to be traded level to level but understand it is in meme stock territory. I would personally try a fake breakdown trade and take it level to level.

For the uninitiated in here, fake breakdown is when a stock loses a level, reclaims it, and then is destined for the next level of resistance above.

I can argue that this is in a macros H&S though.

Voo and chill

09Ag said:

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Heineken, do you still think DJT is a buy at $22 now that everyone's selling the news? Getting pretty close to it.

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I forgot to check it today. And my power just randomly went out. Will check in the morning.

Been preaching it for months. VXX is the better tell though. Bullish patterns are clear as day due to the con tango and natural decay. Most immediate explosive move invalidated election night. But it's still holding wider support. For now.

I think we get a slowdown/dip on SOXL, maybe down to 31.50 to fill the gap, before rallying further to 38+.

Been gun shy the last few months after losing my ass expecting the pullback. But I mentioned this in August/Sept but I would add NEXT back on the watch list for LNG market. They got denied their permit expansion and stock tanked.. Well I was at my other LNG customer site yesterday and based on rumblings that i hear (and to no surprise) the new administration is going to be very pro LNG market when it comes to permit and expansion. A new FERC leadership team is going to be appointed that will help this market.

I plan to start building my position in it and looking to go netfree to hold. $8 range is my first sell point.

**not financial advice because i suck.

TSLA, I will be most likely selling a call today as it has a clear 3-wave move off the October low approaching the 100% extension. Looking for $308 area. Will likely sell a Dec or Jan $325 and possibly as high as $340. Will also look to grab some TSLZ to make some cash on the next retracement. Beer candles come in handy in times like this as they can better show a slowing or potentially ending of a trend.

I can't find any news on CLSK pertaining to their trading stop. Anybody else see anything?

BLNK tanking hard.

ReturnOfTheAg said:

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BLNK tanking hard.

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Classic example of letting your stop work. Mine went off last week. Finished slightly green. It really needs to hold it's low, but chart is looking quite bearish now.

Remember my last chart on TSLA, how this is very overlapping with wild swings in sentiment. I don't expect it to suddenly stop. Nearing resistance now.

SMCI - Hold $23.50 area and like 30k said, short term trades can make some change. Risky risky though. But this would looks like a reverse H&S intraday projecting to $35-$40 range if it can form that higher low.

TSLA - Let trending stay trending. Don't intervene. Wait for signs of slowdown. Not selling a call until that happens. This could be going for the $340 target more directly.

"CleanSpark, Inc. [url=https://www.streetinsider.com/Corporate+News/CleanSpark+%28CLSK%29+Comments+on+Trading+Halt+Related+to+Clerical+Warrant+Conversion+Error/entities/ARK][/url](Nasdaq: CLSK), America's Bitcoin Miner (the "Company"), today addressed the trading halt imposed by Nasdaq following an issue relating to the calculation of the number of outstanding warrants (Nasdaq: CLSKW) (the "Warrants") and the number of shares underlying those Warrants. The trading halt is not the result of any issue associated with CleanSpark's business, operations, filings with the SEC, financial statements or securities."

I will short TSLA shares at today's close if this continues. Will be an easy 3-10% trade.

$30,000 Millionaire said:

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I will short TSLA shares at today's close if this continues. Will be an easy 3-10% trade.

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Agreed. I won't short since I'm long into 2025, but I will buy TSLZ by end of day. Once it confirms at least short term top, TSLZ will form a bottom and provide a great R/R stop level.

DJT - Great R/R area if you want to enter. Will post chart a little later.