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Started By
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re: stock tip...FSLY
Posted on 9/16/20 at 3:01 pm to LSU Tigershark
Posted on 9/16/20 at 3:01 pm to LSU Tigershark
FFS
quote:
Oracle Corp.’s bid for TikTok falls short of resolving concerns of Trump administration officials that the Chinese-owned video-sharing app poses a risk to U.S. national security, according to people familiar with the matter, Bloomberg News reports.
President Donald Trump has the authority to sign off on a deal, but continuing concerns from national security officials could sway his decision. The agreement remains on the table, with discussions continuing between administration officials and the companies, said the people, who asked not to be named because the talks are confidential.
2
Posted on 9/16/20 at 5:06 pm to cgrand
interesting...
FSLY closed at 82.50
8 day EMA is 83
10 day EMA is 83.45
21 day EMA is 84.60
50 day SMA is 86.27
200 day SMA is 44.18
52 week high is 117.79
the averages are all in a line at the current price give or take a couple bucks.
FSLY closed at 82.50
8 day EMA is 83
10 day EMA is 83.45
21 day EMA is 84.60
50 day SMA is 86.27
200 day SMA is 44.18
52 week high is 117.79
the averages are all in a line at the current price give or take a couple bucks.
Posted on 9/16/20 at 5:27 pm to cgrand
Help a dumb arse out. This means what exactly? 
Posted on 9/16/20 at 5:28 pm to cgrand
I've seen this before before a stock broke out again. Is this indicating that it is likely to break up or down soon? My vote is up.
What are the .382 and .618 indicating?
What are the .382 and .618 indicating?
Posted on 9/16/20 at 5:48 pm to LSUFrosty
quote:
What are the .382 and .618 indicating?
those are fibanacci retracements (above my pay grade)...maybe someone else can explain those better than me
all of major moving averages have converged on the current stock price. the averages "tend" to attract or repel a stock price if plotted on a chart like that. what the current situation means generally is that FSLY has traded in a range long enough for the averages to catch up. it is "coiled" as they say...
Posted on 9/16/20 at 6:06 pm to cgrand
Wish I was as smart as you guys.
Posted on 9/16/20 at 6:12 pm to FLObserver
it just means that its not clear what the obvious high and low resistance is now, thats all. its like when traffic slows down and clumps on on the interstate, the system becomes unstable and anything could happen
i still believe that this is an artificial restriction on the share price due to this tiktok bullshite. here's the latest
i still believe that this is an artificial restriction on the share price due to this tiktok bullshite. here's the latest
quote:
Under the new structure being sought by U.S. officials, all of ByteDance’s assets would go to the new company. Oracle and Walmart Inc. would become investors as well and together these U.S. investors would total more than 50% ownership
Posted on 9/16/20 at 6:20 pm to cgrand
JFC...
quote:
President Trump said the U.S. government had been looking into the possibility of accepting a payment as part of a transaction.
“Amazingly I find that you’re not allowed to do that,” Trump said, referring to the idea of receiving “key money” for broker a deal, which he first proposed last month. “I said, ‘What kind of a thing is this?’ If they’re willing to make big payments to the government, they’re not allowed because there’s no way of doing that from a — there’s no legal path to do that.”
Posted on 9/16/20 at 7:01 pm to cgrand
Leader of the free world, everyone
Posted on 9/16/20 at 7:48 pm to cgrand
quote:
“Amazingly I find that you’re not allowed to do that,” Trump said, referring to the idea of receiving “key money” for broker a deal, which he first proposed last month.
Remember when we discussed how ridiculous this request from Trump was a few weeks ago? He is a complete idiot
Posted on 9/16/20 at 9:47 pm to cgrand
Fibonacci retracements are based on the Fibonacci sequence made popular by a famed Italian mathematician in the middle ages.
This pattern of numbers was discovered much earlier (like BC earlier) and apparently is found abundantly in nature. It's also the basis for the "golden ratio".
Stock chartists started using the numbers to predict human patterns of buying and selling, and surprisingly it works fairly well to predict stock reversals.
As much as it sounds like voodoo, you will hear big time traders and investors reference fibonacci retracements fairly often.
ETA: CGrand I know you're an Ophir follower. He references them from time to time. Also, if anyone listens to MacroVoices, Eric townsend references them often too.
This pattern of numbers was discovered much earlier (like BC earlier) and apparently is found abundantly in nature. It's also the basis for the "golden ratio".
Stock chartists started using the numbers to predict human patterns of buying and selling, and surprisingly it works fairly well to predict stock reversals.
As much as it sounds like voodoo, you will hear big time traders and investors reference fibonacci retracements fairly often.
ETA: CGrand I know you're an Ophir follower. He references them from time to time. Also, if anyone listens to MacroVoices, Eric townsend references them often too.
This post was edited on 9/16/20 at 9:51 pm
Posted on 9/17/20 at 8:29 am to cgrand
Got out at $82.72.
Will get back in after the pullback.
Will get back in after the pullback.
Posted on 9/17/20 at 8:33 am to cgrand
Anyone know why OnTrak is dropping so much? Did I miss something? I have some available cash and may catch another small chunk. Just was right make sure I’m not missing something big.
Or should I buy Fastly? I’m just talking about a couple of shares here but it’s a lot of money to me?
OnTrak had doubled from my entry point of $35 and now at $59.
Or should I buy Fastly? I’m just talking about a couple of shares here but it’s a lot of money to me?
OnTrak had doubled from my entry point of $35 and now at $59.
Posted on 9/17/20 at 8:40 am to TDFreak
quote:
Will get back in after the pullback.
pullback to where?
Posted on 9/17/20 at 8:45 am to TDFreak
I was gonna sell some but changed my mind i'm buy more on the dips. I already sold some about a month ago but i'm gonna be buying more going forward. Thinking long term from here.
Posted on 9/17/20 at 8:50 am to TDFreak
Do you have an entry point in mind? $79.51 at the moment, you think it gets in that $75 range again?
Posted on 9/17/20 at 8:52 am to cgrand
quote:
cgrand
holy shite good call here. impressive as hell
Posted on 9/17/20 at 11:06 am to TexasTiger24
Today hasn’t been as bad I thought. Maybe we can even get some red to green action.
Posted on 9/17/20 at 11:10 am to LSUtoOmaha
quote:
Remember when we discussed how ridiculous this request from Trump was a few weeks ago? He is a complete idiot
Yea, can't wait for Biden dude is a genius.
Posted on 9/17/20 at 11:30 am to djrunner
The Treasury Dept., TikTok owner ByteDance (BDNCE) and Oracle (ORCL -1%) have a tentative agreement on terms of the bid for the social media app's U.S. operations, according to media reports.
Treasury had revisions for the deal, to which the two companies agreed in full, CNBC says.
And while White House Chief of Staff Mark Meadows said President Trump would decide on the deal in 24-36 hours, the new reports are a strong signal of deal approval.
But that's just the U.S. side; China's government has to agree to the transaction, no easy feat.
Walmart (WMT +0.5%) is reportedly coming on board the deal as a minority investor; Oracle is reported to be taking on about 20% of TikTok.
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