RSI almost super pigeon-holed on the 1 hr. An 8% short cover and/or long position looking like an easy trade IMO. Scalped it yesterday on that last spike, made some money, but if it walks like a duck and talks like a duck....
Net bullish on Apple but this latest FAANG trade looks pumped and faked the f out. Rolling into another long dated put at 80 RSI, and selling that paper into some profit taking. Additional downside strategy into earnings, funds will dump AAPL on the news. They love it until they don't
Market is juiced on EPO & steroids and hasn't been drug tested yet. Playing these contracts way out, but selling them in the same day because Powell & cronies have manipulated price discovery like the Marvel Cinematic Universe have manipulated timelines. Nobody knows what a correction feels like anymore, is money even a real thing, risk assets aren't risky...
did a bit of scalping in here this morning; I think it re-tests $5.44 perhaps, but the RSI tells me it's pretty spent in the pre market, anyone not looking at the oscillators could be a bag holder through the day. Still bullish here, but be careful, she corrects 20-30% per drawdown and that's where I'll buy back in. There appears* to be a big group just hodling...
PT .70 near term, this thing can run in spurts ~25-30% before exhausting itself, looks like decent trading vehicle. Scooped up a few thousand shares in the AH today. Definitely a spec play, and could easily hold this for awhile until momentum & volume starts piling on...
When everyone thought this was dead money wtf....My PT is ~$56 near term w/ alerts at lower fib extension pivots. few hundred shares in, no options, but options paper would be f ing great; why do only the suits get to play in the deep end 🖕🏽I can out-surf those pecker heads any day of the week 🌊
more neutral going into earnings season here but I think trickle-up momentum is winning in AAPL after a couple jagged days of trading. I rolled into some at-the-money 145 Aug 6 calls. Even if the CPI report is a bit hot or on-par, I think apple might have a tailwind to it with fund flows & seasonality...
There's DD and then there's delusional crackers like Theranos CEO. While I have no issue with shorts & seller research, I think broadly feeding off lifesaving endeavors by way of shorting reserves a special place in Hell for these pricks that put innovation in a vise. Long BCTX. Adding shares and slapping that ask.
Siebert did an interview with John Forte, and I really like Forte's journalism but he really needs to get a spot on Mad Money and talk up his book. This stock absolutely sucks since the tech route, they could knock the cover off the ball still wouldn't matter. So how long this thing is continually hated is anyone's guess. I'm assuming lockups are done, and it's...
Looks like GRVI beginning to find a bottom post-IPO. Adding here, and riding this to $12.22 if it spikes, higher PT if it's a slow climb w/favorable PR. Patience on this one, most my shares were bought-in ~15% from ATH more or less in a bull trap atm. But I think this company will do well in today's economic & political climates, so staying long
bull flag on the weekly, structure looks good. My near term bull targets are $4.89, $7.82, $22.02. I suspect retracing at $5 & $8 tho, more so at $8 it's 52 week high, keep in mind this thing isn't tradable in the options paper so a gamma squeeze likely not in the cards right now. Lot's of volatility in XELA, but could see strong gains day after day this week if...
she's absolutely crushing today. it's tow-in surfing at this level. See you at $7 🌊🤙🏽
she's pumping hard with an egregious RSI 🐖. Expecting some profit taking and an overall pause within the next ~5 sessions. Rolled into some 143 Aug 6 Puts 🤙🏽
goal is to accumulate 800 to 1.5K shares in this thing until we see some major gap fills. Currently sitting on 150 shares, watching it daily. The Street just left it for dead, liking this $5 handle for accum, no stops, buy weakness, just let the pro shorts in this cover and let the chase begin on the back of promising news. 🤙🏽 Key PT levels based on my work...
my gawd this thing could moonshot but it needs to clear a couple key levels. Must clear $18.65, and needs to stay above $13.65 while it consolidates as well. It does that... not much stopping this thing from gapping higher in the near-to-medium term....
patent approvals, phases cleared, looks like a disruptive company doing good in the biotech space. 800 shares long, trading 1/2 the position around $2.50 today if it claws back up