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Started By
Message
1
Posted on 6/18/21 at 6:40 am to xxTIMMYxx
Jimmy C used to work at Goldman and is a major shill for them. Whatever they want to sell to the public, he pumps. Full stop.
Posted on 6/18/21 at 6:42 am to Hussss
It is up 4% premarket, so that’s something
Posted on 6/18/21 at 6:48 am to xxTIMMYxx
Sell into it. Wouldn’t shock me one bit if it closed well in the red.
Posted on 6/18/21 at 6:59 am to xxTIMMYxx
I just pulled the chart on CLNE.
2 things jumped out.
1) The black dogi candle on the weekly is usually a reversal candle. (Pointing to the stock heading back down).
2) Gap resistance in the $13-$16 area seems to be big problems for the stock, hence the long upper shadows at the tops of the candles, especially with the huge volume a couple of days ago. It just can’t seem to hold price up there.
2 things jumped out.
1) The black dogi candle on the weekly is usually a reversal candle. (Pointing to the stock heading back down).
2) Gap resistance in the $13-$16 area seems to be big problems for the stock, hence the long upper shadows at the tops of the candles, especially with the huge volume a couple of days ago. It just can’t seem to hold price up there.
This post was edited on 6/18/21 at 7:04 am
Posted on 6/18/21 at 7:08 am to xxTIMMYxx
quote:
It is up 4% premarket, so that’s something
Pre market is fantastic for selling into.
How many times have you seen a stock up nicely in pre market only to turn red once the bell rings?
Posted on 6/18/21 at 7:17 am to Hussss
Can you explain what you mean by the upper shadows? Trying to understand these plays in greater detail
TIA
TIA
Posted on 6/18/21 at 7:20 am to barbapapa
Upper shadows are the long needle looking skinny wicks on the top of the candle(s).
Posted on 6/18/21 at 7:31 am to Hussss
I was thinking 14.
It's up about 40% in a month.
It's up about 40% in a month.
This post was edited on 6/18/21 at 7:37 am
Posted on 6/18/21 at 7:35 am to xxTIMMYxx
It’s all about probabilities and managing risk. The odds say that if it couldn’t hold 14 on that huge volume spike, chances are slim for $14 (including gap resistance I mentioned).
Posted on 6/18/21 at 7:37 am to Hussss
And with the VIX now up 17% to 20.2 and SPY & IWM both down 1%, chances get even slimmer.
Posted on 6/18/21 at 7:38 am to Hussss
Yea, volume is up 57%. Selling before the open may be the move, but I don't want to do it.
I could take that money and put half in UPST and half in ONDS. Or add to Fisker.
I could take that money and put half in UPST and half in ONDS. Or add to Fisker.
This post was edited on 6/18/21 at 7:39 am
Posted on 6/18/21 at 7:40 am to xxTIMMYxx
Here is a good rule of thumb in trading and if most people followed it, they would be golden.
Since the market is made to frustrate the crap out of us traders, when it feels really really right it is usually wrong and when it feels really really wrong, the trade is usually right.
Since the market is made to frustrate the crap out of us traders, when it feels really really right it is usually wrong and when it feels really really wrong, the trade is usually right.
Posted on 6/18/21 at 7:40 am to xxTIMMYxx
honestly, the PMC, MACD, and volume all look good.
would be great if it wasn't a meme stock
would be great if it wasn't a meme stock
Posted on 6/18/21 at 7:44 am to xxTIMMYxx
I’m actually hoping the market does a gap and go. Gaps down and runs straight up.
It feels like they are getting bears sucked in this morning. But today is quarterly op ex, better known as quad witching, so it is guaranteed to be action packed.
It feels like they are getting bears sucked in this morning. But today is quarterly op ex, better known as quad witching, so it is guaranteed to be action packed.
Posted on 6/18/21 at 7:47 am to Hussss
Huss, which stocks are good when the VIX is up big? I heard SQQQ, VXX
And can you please send me that site you have posted a few times. It seemed right up Mannarino's alley. I like that guy.
And can you please send me that site you have posted a few times. It seemed right up Mannarino's alley. I like that guy.
This post was edited on 6/18/21 at 7:49 am
Posted on 6/18/21 at 7:49 am to xxTIMMYxx
You don’t want to short in the hole. Those are already up too much.
Your best bet if you want to be on that side of the market when the VIX is already way up, is to buy UUP (the dollar) or a bond proxy such as TLT.
ETA: I am not sure which site you are speaking of.
Your best bet if you want to be on that side of the market when the VIX is already way up, is to buy UUP (the dollar) or a bond proxy such as TLT.
ETA: I am not sure which site you are speaking of.
This post was edited on 6/18/21 at 7:50 am
Posted on 6/18/21 at 7:59 am to Hussss
The one with predictions of a crash and had tons of points just like Mannarino. You used to post it and everyone gave you shite for it.
Posted on 6/18/21 at 8:07 am to xxTIMMYxx
Posted on 6/18/21 at 8:38 am to Hussss
Na, it was a website. It had kind of a sketchy look. 
think it had the predictions of a few drops you were calling 3-4 months back.
think it had the predictions of a few drops you were calling 3-4 months back.
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