It’s almost tax time again. I’m scared of what uncle Sam is going to be doing to my back side
2021 Stock Market
- Thread starter Xring01
- Start date
I still think amc has short squeeze potential. I’m still will to pay a little to find out. I did just watch a 3 hour live though and my head hurts
Waffles
Banned
- Joined
- Jul 12, 2012
- Messages
- 5,422
- Reaction score
- 9,589
This and dont gamble with any money you arent ready to lose.
At the end of the day, its a casino with more research and homework involved.
The idiots that dropped their entire retirement, life savings, or school loans on gme......learn from them.
I learned to never try and catch a falling knife which is exactly what I was trying to do. Luckily it wasn’t too expensive. I’ve had my fair share of very expensive lessons.
BajaT
Well-Known Member
- Joined
- Jan 3, 2008
- Messages
- 1,437
- Reaction score
- 1,441
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
BA Chart
As long as it holds above the Yellow 200 MA... I am good to go.
My stop is slight below that line. But my purchases where in the 198s, 200 area, so I am up a little bit.
As long as it holds above the Yellow 200 MA... I am good to go.
My stop is slight below that line. But my purchases where in the 198s, 200 area, so I am up a little bit.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
AAPL Chart
Doing good, above 200, about to break the 50ma, blue line
I am hoping it does that by tomorrow close.
If it holds above that next week, then it should start trending up towards 52 week high of $145.
Doing good, above 200, about to break the 50ma, blue line
I am hoping it does that by tomorrow close.
If it holds above that next week, then it should start trending up towards 52 week high of $145.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
AMD Chart
About to break over the 50MA Blue... then I will have more confidence in it.
If it hits that line, and fails, I will close my position. Because the down side is $85...
If it breaks above and holds, then uptrends towards the 200 MA yellow line, eventually the 52 week high of $98 ish...
About to break over the 50MA Blue... then I will have more confidence in it.
If it hits that line, and fails, I will close my position. Because the down side is $85...
If it breaks above and holds, then uptrends towards the 200 MA yellow line, eventually the 52 week high of $98 ish...
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
WMT Chart
Its slow grinding one, but should be quite safe.
You guys should know the drill by now...
Uptrending, hope to break thru the blue line... and eventually the yellow line, back up to 52 week high....
Its slow grinding one, but should be quite safe.
You guys should know the drill by now...
Uptrending, hope to break thru the blue line... and eventually the yellow line, back up to 52 week high....
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
PCG..
Look back a bit on my post from this am on PCG... I stated, I thought it would pull back before it broke $12...
Called that one... It performing as I expected....
If it pulls back tomorrow am... I might reload fore more than I originally had, for that break above 200MA.
Look back a bit on my post from this am on PCG... I stated, I thought it would pull back before it broke $12...
Called that one... It performing as I expected....
If it pulls back tomorrow am... I might reload fore more than I originally had, for that break above 200MA.
CLdrinker
Well-Known Member
- Joined
- Sep 28, 2011
- Messages
- 9,433
- Reaction score
- 19,041
Xring01 I appreciate your insight
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
FDX Chart, You guys should know my drill now.... This is what I look for when I am swing trading,
Quality stocks, that are selling at a discount, that have potential to go up.
Quality stocks, that are selling at a discount, that have potential to go up.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
NIO
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
DKNG
This one is a tougher one for me to call. You guys all recall my CHWY story, where I took profits at $65, and it ran well over $100.. while I was crying on the sidelines.
I am not saying that DKNG will do the same... But it does have that potential, because its a very popular stock right now.
If I take the popularity out of the equation, then it should break above the $64.31 52 week high, then retreat back into the $57.50, consolidate a bit, before it makes its next run up....
NOTE... this one is more risky than the rest......
Because it pretty extended over the MA lines...
If it sells off, then it can create a panic sell, and drop alot, like literally back down to $52.50....
Be very carefull with this one if you decide to play it it, it has the potential to make you a hero or a zero pretty quickly...
I am fortunate enough to be a great position, because I bought it way back at the *.... Sold off 75% at $55 area....
Key thing here is to identify the key areas of concern...
52 week High, the MA Lines, understanding it can move very quickly, in both directions up and down.
This one is a tougher one for me to call. You guys all recall my CHWY story, where I took profits at $65, and it ran well over $100.. while I was crying on the sidelines.
I am not saying that DKNG will do the same... But it does have that potential, because its a very popular stock right now.
If I take the popularity out of the equation, then it should break above the $64.31 52 week high, then retreat back into the $57.50, consolidate a bit, before it makes its next run up....
NOTE... this one is more risky than the rest......
Because it pretty extended over the MA lines...
If it sells off, then it can create a panic sell, and drop alot, like literally back down to $52.50....
Be very carefull with this one if you decide to play it it, it has the potential to make you a hero or a zero pretty quickly...
I am fortunate enough to be a great position, because I bought it way back at the *.... Sold off 75% at $55 area....
Key thing here is to identify the key areas of concern...
52 week High, the MA Lines, understanding it can move very quickly, in both directions up and down.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
Those of you that are new.
Take a hard look at the charts that I post.
These are my 6 month charts, I typically dont post the entire 6 months, I use "snip it", to cut/paste on this thread. Sometimes a smaller picture gets my point across.
Identify the trend lines, Moving Averages of 50/200 day), 52 week highs, support levels, resistance levels, volume, and the RSI. These are key items to understand if you want to up your game.
Biggest question of all... Is the overall trend going up... literally from the last year, which is a different chart...
Because if the over all trend is down... then I typically avoid those stocks, because it a easier to make $$$ identifing the upward trend and get in on the pull backs. Because its really hard to make $$$ when a stock is down trending, like trying catch a falling knife on the way down.... Identifying the reversal points/patterns... Is it a pull back, or is it a drop... key to that is>>>>>>> below.
NEWS changes everything. The moment you think you have something figured out... One news article/update changes everything... So when you decide to up your game... I highly recommend you put the Yahoo Finance App on your phone, and create a watchlist of the stuff your watching and the stuff you own... read all the news articles you can, when you have the time. The more informed you are on the markets, the higher your success rate becomes.
This shit isnt easy, it is work, but if you put in the work, and dedicate the time to learn, then your profitability will increase.
Take a hard look at the charts that I post.
These are my 6 month charts, I typically dont post the entire 6 months, I use "snip it", to cut/paste on this thread. Sometimes a smaller picture gets my point across.
Identify the trend lines, Moving Averages of 50/200 day), 52 week highs, support levels, resistance levels, volume, and the RSI. These are key items to understand if you want to up your game.
Biggest question of all... Is the overall trend going up... literally from the last year, which is a different chart...
Because if the over all trend is down... then I typically avoid those stocks, because it a easier to make $$$ identifing the upward trend and get in on the pull backs. Because its really hard to make $$$ when a stock is down trending, like trying catch a falling knife on the way down.... Identifying the reversal points/patterns... Is it a pull back, or is it a drop... key to that is>>>>>>> below.
NEWS changes everything. The moment you think you have something figured out... One news article/update changes everything... So when you decide to up your game... I highly recommend you put the Yahoo Finance App on your phone, and create a watchlist of the stuff your watching and the stuff you own... read all the news articles you can, when you have the time. The more informed you are on the markets, the higher your success rate becomes.
This shit isnt easy, it is work, but if you put in the work, and dedicate the time to learn, then your profitability will increase.
hallett21
Well-Known Member
- Joined
- Nov 9, 2010
- Messages
- 18,296
- Reaction score
- 23,437
Wsb looks like they whacked the DD, Yolo, Loss porn etc part of today’s thread.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
KingofBeers
Well-Known Member
- Joined
- Jul 29, 2016
- Messages
- 547
- Reaction score
- 1,325
Here is a great read for anybody that is playing the game.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
Holy Crap,
CBAT, took off like a rocket ship. This is a daily 1 minute chart, with the green/red lines being 9/20 EMA lines... The Blue/White/Gold are the VWAP lines, which all give you signals of strength/weakness, which is potential buy and sell spots....
Smoked that trade... I am all out....
I hope it pulls back enought for a reload...
Very very nice....
Blue are the buy points.... Red Triangles are the sell points...
Please note... I started buy it up yesterday I think...
Damn.
CBAT, took off like a rocket ship. This is a daily 1 minute chart, with the green/red lines being 9/20 EMA lines... The Blue/White/Gold are the VWAP lines, which all give you signals of strength/weakness, which is potential buy and sell spots....
Smoked that trade... I am all out....
I hope it pulls back enought for a reload...
Very very nice....
Blue are the buy points.... Red Triangles are the sell points...
Please note... I started buy it up yesterday I think...
Damn.
Last edited:
OldSchoolBoats
No Bad Days
- Joined
- May 8, 2014
- Messages
- 16,813
- Reaction score
- 25,272
@Xring01 kind of digging the $VTR chart right now. Nice flag developing and has upside to return to where it was last year before the crash? Interested in your thoughts.
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
This is a Technical Analysis of the VTR Chart, from my perspective.
I do not have the time today to review the fundamentals of VTR... I have no idea of what they do, or what sector they are in... Nothing...
Right now all I am look at is the Chart of this symbol...
So it is on an upward trend... thats good...
However its bouncing a whole lot 5% every 3 days, like a ping pong ball.... up/down/updown/up/down. But it is forming a bull flag, and could break either direction.
I would not recommend buy it a this level, because every time it gets slighly above the 50/200 MA, it breaks right back down to that bottom trend line that I drew... thats the bottom white line across the entire chart... I wait until it gets closer to that line, and start staging in your puchases, with a very tight stop thats slighlty below that line. Honestly you are probably risking 2.5%, for maybe 5% reward, due to its recent movements... I dont like that risk/reward ratio for a swing trade.
To me... its probably a great chart for a day trader. Short it tomorrow, because it will most likely pull back, catch 2.5% on the down side... if it hits the bottom trend line... trade it long off the bounce back up.
Again, I have no idea of the sector or there business model... all of the above is strictly Technical analysis of the chart. Take that for what its worth.
The fundamental aspects of this company, could change my opinion, depending recent news, sector, business model, profitability etc. etc etc.
I do not have the time today to review the fundamentals of VTR... I have no idea of what they do, or what sector they are in... Nothing...
Right now all I am look at is the Chart of this symbol...
So it is on an upward trend... thats good...
However its bouncing a whole lot 5% every 3 days, like a ping pong ball.... up/down/updown/up/down. But it is forming a bull flag, and could break either direction.
I would not recommend buy it a this level, because every time it gets slighly above the 50/200 MA, it breaks right back down to that bottom trend line that I drew... thats the bottom white line across the entire chart... I wait until it gets closer to that line, and start staging in your puchases, with a very tight stop thats slighlty below that line. Honestly you are probably risking 2.5%, for maybe 5% reward, due to its recent movements... I dont like that risk/reward ratio for a swing trade.
To me... its probably a great chart for a day trader. Short it tomorrow, because it will most likely pull back, catch 2.5% on the down side... if it hits the bottom trend line... trade it long off the bounce back up.
Again, I have no idea of the sector or there business model... all of the above is strictly Technical analysis of the chart. Take that for what its worth.
The fundamental aspects of this company, could change my opinion, depending recent news, sector, business model, profitability etc. etc etc.
Last edited:
OldSchoolBoats
No Bad Days
- Joined
- May 8, 2014
- Messages
- 16,813
- Reaction score
- 25,272
OldSchoolBoats
No Bad Days
- Joined
- May 8, 2014
- Messages
- 16,813
- Reaction score
- 25,272
Good lord, these people are idiots
Sent from my SM-N960U using Tapatalk
Sent from my SM-N960U using Tapatalk
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
If its true.....OUCH!
Waffles
Banned
- Joined
- Jul 12, 2012
- Messages
- 5,422
- Reaction score
- 9,589
What am I missing? He’s still up 330k lol
HCP3
Well-Known Member
- Joined
- Sep 5, 2018
- Messages
- 3,986
- Reaction score
- 6,758
Before all of this GME drama, this was what WSB was about. Guys with big money placing big bets on the stock market. Hence the name "Wall Street Bets".
SBMech
Fixes Broken Stuff
- Joined
- Jul 25, 2012
- Messages
- 11,627
- Reaction score
- 20,789
Have they determined where the 115% came from?
Are they going to really try and fuck with the guy who held 50k shares and made millions from his diamond hands hold?
Will someone finally just start shooting these crooks while they make up more rules to prevent anyone else from making money trading?
HCP3
Well-Known Member
- Joined
- Sep 5, 2018
- Messages
- 3,986
- Reaction score
- 6,758
This is how this all got started on 'ole RDP. Jan 22nd, 2021.
@Xring01
www.riverdavesplace.com
www.riverdavesplace.com
@Xring01
2021 Stock Market
So....a decent early start tomorrow. For those of you trading probably a good idea to sell in early AM and buy in early/late afternoon. Futures indicate market is opening green.
www.riverdavesplace.com
2021 Stock Market
So....a decent early start tomorrow. For those of you trading probably a good idea to sell in early AM and buy in early/late afternoon. Futures indicate market is opening green.
www.riverdavesplace.com
Last edited:
zhandfull
Well-Known Member
- Joined
- Apr 20, 2008
- Messages
- 3,098
- Reaction score
- 4,675
AMC position SOLD today. It was a fun ride but was time to move on. Didn’t quite double my money, in fact I lost a little. 
caribbean20
Well-Known Member
- Joined
- Mar 4, 2011
- Messages
- 1,677
- Reaction score
- 3,690
A while ago I think you said $131.50 was key support. AAPL tested it last Friday and Monday, I think it hit high $130s then want up from there. Good call. We are long from 2014, been a nice ride.
HCP3
Well-Known Member
- Joined
- Sep 5, 2018
- Messages
- 3,986
- Reaction score
- 6,758
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
haha True
If anybody is thinking of trading on AMC.....wait until it gets into the 6.25 range and you might be able to catch a pop to about 8. Its just a guess on my part but that down pressure wasn't made with huge volume yesterday. There is still some shorts that need to cover
Can someone with a lot more knowledge than me please take a look at ticker AB? I am thinking about buying in and it looks good to me but I would appreciate an expert opinion. Thank you in advance.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Waffles
Banned
- Joined
- Jul 12, 2012
- Messages
- 5,422
- Reaction score
- 9,589
Seeing some serious volume being pumped into $GME right now..........aaaaaaaand its halted lol
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
Expert?????
There is good info in here but be careful following any of this stuff blindly.
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
The powers that be are NOT going to let it run too much.
Waffles
Banned
- Joined
- Jul 12, 2012
- Messages
- 5,422
- Reaction score
- 9,589
They removed all restrictions on GME and AMC.....should be an interesting day
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
You and I know if needed RH will slap those restrictions on in a heartbeat
just_floatin
Well-Known Member
- Joined
- Aug 18, 2010
- Messages
- 5,715
- Reaction score
- 18,449
GME making a run 
Waffles
Banned
- Joined
- Jul 12, 2012
- Messages
- 5,422
- Reaction score
- 9,589
I just meant someone with more knowledge than myself.
Sent from my iPhone using Tapatalk
Fastdadtsmith
Well-Known Member
- Joined
- Oct 23, 2013
- Messages
- 1,612
- Reaction score
- 3,286
Hope AMC follows!
Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,006
- Reaction score
- 8,882
AB
Quick Technical Analysis of the chart.
Quicky Synopsis..
I love the uptrend over the last 6 months... Its buy on good pull backs, where I outlined in red on the chart.
Its currently overbought and most likely will pull back to the blue line... at about $36.80, which may be a buy point if doesnt drop all the way down to the Yellow line...... The RSI is to high, and its over extended.... Its not a swing trade, and its not a good buy at this point for a buy and hold. Keep watching it set some alerts in the $37 area.. But thats my opinion.
Again, Fundamental, can change my opinion,,, But I have not looked at it from that perspective yet... Good news, bitch could pop to $45, bad news it could drop to $33...
Quick Technical Analysis of the chart.
Quicky Synopsis..
I love the uptrend over the last 6 months... Its buy on good pull backs, where I outlined in red on the chart.
Its currently overbought and most likely will pull back to the blue line... at about $36.80, which may be a buy point if doesnt drop all the way down to the Yellow line...... The RSI is to high, and its over extended.... Its not a swing trade, and its not a good buy at this point for a buy and hold. Keep watching it set some alerts in the $37 area.. But thats my opinion.
Again, Fundamental, can change my opinion,,, But I have not looked at it from that perspective yet... Good news, bitch could pop to $45, bad news it could drop to $33...
DILLIGAF
Well-Known Member
- Joined
- Jan 10, 2008
- Messages
- 18,495
- Reaction score
- 28,014
Put in orders to buy for today only:
NOK at 4.10
NAKD at 1.01
Doubt they get filled but worth a shot at that price
NOK at 4.10
NAKD at 1.01
Doubt they get filled but worth a shot at that price
