DMA

ensui67

This isn’t defying logic. This is exactly how markets work. They trend. August was strong leading to a strong September with the S&P above the 200 DMA. Since 1950, when this happens, returns in September are positive. So, we are on track for a normal trending year. Prices trend, and volatility mean reverts. However, people and commentary like to think that prices mean revert and volatility trends. That’s why most don’t make money trading.

No_Insurance_71

Ernest Chan’s Algorithmic Trading: Winning Strategies and Their Rationale (Wiley Finance) is often the starting point for quants who want to understand how to design, backtest, and deploy strategies. Chan mixes theory with practical coding considerations, showing you how to move from an idea to a working algorithm while keeping risk control in mind. His companion volume, Quantitative Trading: How to Build Your Own Algorithmic Trading Business (Wiley Finance), broadens the perspective to include infrastructure, data pipelines, broker integration, and the business realities of running a systematic trading operation. Taken together, these two books balance coding practice with the entrepreneurial side of quant trading. For a deeper look at the mechanics of execution, Barry Johnson’s Algorithmic Trading and DMA: An Introduction to Direct Access Trading Strategies (Wiley) is invaluable. It explains how modern markets actually work—order books, matching engines, execution algorithms, and direct market access—and how your code interacts with that infrastructure. This book grounds you in the realities of market microstructure so you can tune algorithms not just for backtest performance, but for live trading conditions. Between Chan’s strategy and business focus and Johnson’s market microstructure deep dive, you get a rounded foundation: how to build, how to code, and how to execute. That combination makes these three Wiley titles the most practical entry point for someone serious about algorithmic trading.

jhonnylasagna

CMCL. Gold miner. Rock solid. Move up in February when the market tanked. Barely moved lower during big April selloff. BlackRock took a stake in May. Recent earnings blowout. Chart is textbook bull run. It’s not a new hedge position for me. (I bought at 11.39 when it broke above its 200DMA in March.) But it meets your call here for a response to current conditions which appear to be deteriorating.

Sakul69

Just because the EU can't explicitly name specific companies in their regulations doesn't mean they don't achieve the same effect through other means. Of the 22 gatekeepers under the DMA/DSA, 21 are American companies plus TikTok. There's a difference between saying "These are our rules and everyone operating in our market must comply" versus "These are our rules, but they only apply to you, our companies don't need to follow them." While the EU claims that the DMA/DSA thresholds are neutral, when you see that out of 22 gatekeepers, 21 are American and zero are European, it doesn't change the fact that these regulations DE FACTO affect American companies exclusively while exempting European ones.

Silkypup

Saw SPX pinned at the 21 DMA. Lots of VOL selling until VIXperation before OPEX. My guess was the market wasn’t gonna break 21DMA yet. Would have sized larger if I was more sure but was willing to gamble $80. Was looking for a .3% ish bounce but dit not think It would surpass 6464

The_Real_RM

GPUs have DMA and are very difficult to inspect because of complexity, they could be a good target. Also the ability to sabotage them would be more important than trojan

MoonbullCapital

**$REI Ring Energy – Bullish Trend Shift Just Confirmed...** I just opened **Jan 26 $1 calls** to ride this setup. Low premium exposure with high upside if the breakout sticks. Ring Energy just did something important - **closed right on top of its 200DMA with strong volume**. A beautiful setup for a major near-term move to the upside, with a **$1.50–$1.70+ target range** in sight. Add in the fact that **Warburg is finally out** (no more big selling overhang) and management is **actively paying down debt**, and the picture starts looking a lot cleaner. At > $1.00, REI gets back on the radar for screens at larger trading firms. If this level holds, I see a logical path toward $1.50–$1.70. From there, the **52-week high of $1.91** comes into play. Clear that and sentiment can swing fast… you’re talking about a potential run toward **$2.00–$2.50**, especially with fundamentals/technicals lining up (golden cross possible in coming weeks). Bottom line: strong chart, stronger balance sheet, and the deadweight seller finally gone. Very possible we’re looking at a **multi-dollar stock by year end** if crude stays supportive and execution continues. **Bullish and long.**

MoonbullCapital

[$REI](https://stocktwits.com/symbol/REI) – Bullish Trend Shift Confirmed Ring Energy just did something important - closed right on top of its 200DMA with strong volume. A beautiful setup for a major near term move to the upside $1.50-$1.70+ target range. Add in the fact that Warburg is finally out (no more big selling overhang) and management is actively paying down debt, and the picture starts looking a lot cleaner. At > $1.00, REI gets back on the radar for screens for larger trading firms. If this level holds, I see a logical path toward $1.50–$1.70. From there, the 52-week high of $1.91 comes into play. Clear that and sentiment can swing fast... you’re talking about a potential run toward $2.00–$2.50, especially with fundamentals / technicals lining up (golden cross possible in coming weeks). Bottom line: strong chart, stronger balance sheet, and the deadweight seller finally gone. Very possible we’re looking at a multi-dollar stock by year end if crude stays supportive and execution continues. Bullish and long.

ThatOneRedditBro

Cup n handle at the 200DMA, this is a big moment for bulls in the next 5 minutes.

MuchArtichoke3

What’s the 21 DMA at? 633?

poot-lover

Quick pump to 640 tomorrow on the cooked jobs numbers then dumping to test the 21DMA is my guess

CountryMac84

prolly hit the 100DMA and algos took over

jimmut

Right. We went below the 200 DMA. Short term memories.

Electrical-Bread-590

Man, nobody’s making 800% just by “doing the opposite of FOMO.” If that were real, every idiot on this sub would already be retired in Bali. OP’s big “strategy” is basically: I watched people buy stupid shit and then I bought puts when it tanked. Wow. Revolutionary. That’s not a strategy, that’s common sense with a lag. If he actually said something like, “I set the 50-day DMA here, I watched RSI when it broke there, I tracked VWAP to confirm volume,” then sure—maybe there’s something useful. Instead we get, “trust me bro, I’m a genius because I shorted hype.” It’s just hand-waving garbage dressed up like wisdom. Call it what it is: useless hindsight flexing.

IAinvestor

A catalyst for this stock is also no news. This is because the fundamentals are so strong and their last earnings report was exceptional. Add to that how beaten down it is, and it will likely climb on no news at all. Just look at the 6 month or one year chart. This thing has a ton of room to run. 200 DMA is.. 75.06!

Traditional-Collar70

We are likely to see spy touches 50 DMA at 610 then bounce from there.

Dirty2020

Unless it falls below the 50 DMA, bears are fuqqqqghd

ThatOneRedditBro

High. Very high. If it's above the 200DMA on the 3 minute.

drew-gen-x

Yeah, I sold all my individual stocks in May. I missed this rally, but I've had more fun following MLB baseball this summer over stressing over $10K daily stock portfolio moves. I'm sure I will sell some $TLT for the $SPY or $VT once we once again hit the 200 DMA. I still kept my rather large gold ($PHYS) position as a USD/ US Treasury hedge. But individual stocks have more stress than the reward's worth for me going forward.

bornofsupernovae

GLD just popped 20 DMA. It’s gonna be a -2% kinda day

Interesting-Play-489

Vix sitting testing the 200DMA. Wonder if short vol is going to come in here

TheTechWick

My brother in christ, you are looking at one red candle with no topping tail, safely sitting atthe 8DMA where we have seen 5 consecutive bounces from since the swing low. This is not how you conduct TA

Traditional-Collar70

Testing 20DMA on spy soon

Dirty2020

People still use snapchat? Huh wild... I dunno bout all the rest of the stuff you said BUT. The 50 DMA bottomed out at $8.33 and rounded off. A potential breakout started around $8.70, moved up and rotated at an average of 9.25. Pushed higher towards a MASSIVE Call Wall (resistance) at $10.50 and rejected twice, coming back down to that previous rotation channel. One of two things will happen; it will either rotate, completing a head/shoulders, and head back down for the put wall (support) at $8.50. OR, it will rotate, bounce off the 50 DMA back up to resistance, if it breaches resistance, there's your breakout and maybe you get back up to 12 dollars. The last area where we saw lots of indecision/trapped traders. This will require a catalyst. Earnings is on the 5th. So there's your catalyst. My GUESS, is that it rotates for the next 4 trading days to see what earnings does before anyone makes any big moves. Unfortunately, this sets up a head/shoulders. If there's another earnings miss, you're going to get wrecked. Your overall thesis may be correct, but I'd set a buy limit for somewhere above that call wall, ride the breakout up if it happens. If it crosses that point it's likely to keep going on momentum (at least for a while until it pulls back and consolidates). Should probably set a trailing stop, profit on the pullback. If you get in now and there's a bad earnings, you have bad news + bad chart = Drop. NFA and good luck dude.

Ashtonpaper

You can find stocks that have gone down that are already near their 200DMA and sell put credit spreads on those. Put credit spreads are nice if the risk/reward is 1.0/0.3 or 1.0/0.4. Definitely a better idea though, limits his losses nicely.

Traditional-Collar70

SPY is chopping around 5 DMA. Bols need to hold it

Rare-Dragonfruit-246

$TNFA – Set up like past low-float biotech runners 📈 ✅ Float: ~13M – ultra tight like $SBFM, $INM, $IXHL before their runs ✅ Institutional confidence: Morgan Stanley increased position 61% in Q1 2025 (holds 3.7%) ✅ Imminent Phase 2b data – Isomyosamine trial started Feb, 150+ days passed ✅ Warrant wall at $0.364 – could be incentive to push above and raise capital ✅ Oversold bounce + reclaim of 50DMA + falling wedge breakout ✅ High short interest + retail starting to notice 🧠 Similar past plays: • $SBFM – Ran from $0.22 to $1.60 on cancer data • $INM – <$0.20 to $0.95 after clean Phase 2 and short squeeze • $IXHL – Quiet under $0.30, exploded past $1+ on trial news 🎯 TNFA Price Targets: • Base case: $0.50–$0.80 • Squeeze/FOMO: $1+ like $IXHL This is one to keep eyes on. Microcap biotech, huge upside, real catalyst window NOW.

Rare-Dragonfruit-246

$TNFA - $TNFA is a nano-cap biotech trading around $0.12 with a microfloat - Phase 2b data for lead drug Isomyosamine is overdue (150+ days since start), results expected *any day* - Short interest over 18% + high borrow cost = prime squeeze setup - Warrants sit at $0.364 — insiders/MMs likely want this over that to raise capital - Morgan Stanley increased position by 60% in Q1 2025 (3.7% ownership) — big vote of confidence - Technically breaking out: wedge breakout + reclaim of 50DMA - If news is strong, target = $0.50–$0.80 (and $1+ is possible on a squeeze like IXHL)

jhonnylasagna

If you wait for a little pullback to the 21DMA you’ll probably be able to get in without it dropping below your entry price. But the corollary is that waiting for them to bounce off the 21DMA will mean a slightly higher entry price than if you pull the trigger now.

teamyg

Market-Maker of MSFT is shaking out weak hands, 20DMA tested successfully; buy now or never. Target at least previous high 515.

Ill_Acanthisitta_289

Seeking Alpha: The probe examined whether Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) (NASDAQ:GOOGL) create barriers for rivals preventing them from offering rival products and services on the U.S. tech giants’ mobile platforms, favor their own apps and services, or impose unfair terms on developers seeking to distribute apps through the App Store or Google Play. This comes as Apple and Google face escalating regulatory woes across Europe. In April, Apple was fined €500 million under the EU’s Digital Markets Act (DMA). A month earlier, Google was accused of breaching the DMA by favoring its own services and restricting app developers. Google is also contesting a separate €4.1 billion antitrust fine from 2018.

andytobbles

Semis are going to pull back to the 20 DMA from the upper bollinger before the next big leg up. Better be ready for the dips, they’ll get ate up quick.

dvdmovie1

BTIG's Jonathan Krinsky: "Party Like it's 1999. As we discussed last week, the Nasdaq 100 has now gone 60 trading days without closing below its 20 DMA, the second-longest streak in its history (back to 1985). The longest was ended in early 1999." Chart: https://pbs.twimg.com/media/GwX8wnRW8AI_We9?format=jpg&name=large

Bubullator0

Actually no, DMA and DSA have proven that apple knee to the EU so probably no

Quercus_

Yes, the DMA is an anti-gatekeeper law, but also has significant privacy implications. It applies to all companies equally, not just US companies. Apple was fined 500 million euros for their lock-in provisions which prevent app developers on the Apple store from sending customers to cheaper purchase options. That's a violation of European law, applicable to all companies doing business in Europe. Meta was fine 200 million euros for failing to give users an option to opt out of personalized ads, and pay directly for a service without data tracking. That's a significant privacy issue. It's a violation of European law, applicable to all companies doing business in Europe. The only thing US companies have to do to avoid being fine for violations of US law, is to not violate those laws, the way European companies are not violating them.

IveHave

I bought two SPY LEAPS recently. A Dec 26 680 for 34.50. Another same expiry but 620 strike for 67.10. If 1) SPY is above the 200 DMA and 2) the 200 DMA is pointing up and 3) I don’t have a SPY LEAPS, I buy one.

Affectionate_Fly7659

#SMA CROSSED DMA, GWAP OVER THE VWAP, DOUBLE TOP, TRIPLE BOTTOM, PORTS EMPTY SHELVES EMPTY, TARIFFS UP GDP DOWN. Calls at open

AxelFauley

Hanging onto the 5DMA, God forbid we go below it!

fledgling66

Berkshire just broke under the 200 DMA. Seems like a good place to stash some cash today.

Dense-Anxiety6086

Huh? When the price is consistently trading above a DMA it’s bullish.

WildConsideration376

 (50DMA) for SPY (SPDR S&P 500 ETF Trust) is currently around 574.96 which will happen tommorow after a golden cross 

znjc_

This is what I got ⚡️ ORACLE PRONOUNCEMENT ⚡️ ⸻ PHASE I – THE MARKET’S SOUL (EXECUTIVE DIGEST) • Signal Compression – In the past 48 hrs dealers stuffed more than 100 k contracts of NVDA $155–$160 July calls down the pipe while systematically selling premium, crushing front-month IV to multi-month lows (≈ 37 IV vs 3-mth realised 42).   • Catalyst Fuse – NVIDIA just pulled the RTX 5050 “Blackwell-lite” launch forward to 1 July—two trading sessions sooner than leaks suggested. Retail hype is erupting across tech press and socials, yet the options board still prices a yawn.   • Dealer Mine-field – Historical SpotGamma data show when NVDA’s Key Gamma Strike ratchets upward (last big shift: 155 ➟ 170) the ensuing breach forces market-makers to chase delta straight up the ladder. We’re approaching the same setup again with open-interest stacked at 160/165.  • Macro Undercurrent – Broad-market hedgers are tucking tail ahead of the July volatility window, pressing VIX term-structure into backwardation. A single chip-sector squeeze can spark index tail-gamma.  ⸻ PHASE II – QUANTUM SIMULATION (1,000,000 PATHS, COLLAPSED) After Monte-Carlo mapping of spot moves ↔ implied skew ↔ dealer inventory feedback-loops, one path dominates 14.2 % of all convergent futures (an eye-watering share for a single node). In that path NVDA: 1. Gaps through $160 on July 1 “paper launch” headlines 2. Gamma flips positive – dealers buy ≈ 7 M shares intra-day 3. Spot overshoots to ~$174 before first IV expansion plateau 4. IV mean-reverts violently, rewarding long-gamma holders ⸻ THE PROPHECY (WRITE IT INTO THE LEDGER) Element Coordinates Ticker NVIDIA (NVDA) Strike / Expiry $160 CALL – 18 JUL 2025 (weekly) Premium (mid-mkt 26 Jun 25) ≈ $4.20 Implied Volatility 37 % (4-week low) Greeks @ entry Δ 0.46 Γ 0.017 Θ -0.10 ν 0.09 Gamma Knife Level $165 — first dealer flip; breach forces ~+3 γ units Warp Gate (target) $174–$180 liquidity shelf Dead-Man Stop $149.50 close (spot < 50-DMA, gamma turns negative) Rationale in Plain English 1. Cheap Lightning – You’re buying Vega when sellers are anesthetising it. Once the launch headline hits, IV snaps back and pumps both δ and ν. 2. Positive Feedback Loop – The 160/165 OI stack is a coiled spring; price > 165 obliges market-makers to chase delta long, accelerating the move. 3. Defined Carnage – Worst-case burn is the debit paid; the stop merely disciplines the urge to average down. ⸻ EXECUTION BLUEPRINT 1. Stage In Tranches – 50 % pre-launch (today), 50 % on a flat or red open Monday; keeps avg cost sane if weekend headline risk shakes IV even lower. 2. IV Expansion Trim – If spot prints ≥ $168 and IV spikes > 48 %, peel ⅓ of position to lock Vega gains, then ride raw delta on remainder. 3. Hard Exit – 12 Jul EOD or first daily close < $154, whichever comes first. ⸻ Remember: prophets annotate probability, not certainty. Size for devastation you can survive. (Not financial advice; for gladiatorial entertainment only.)

Ok_Cry7572

The 200-day moving average (200 DMA) is a widely used technical indicator that represents the average closing price of a security over the past 200 trading days.

Aforapple90

Don’t sell AMD! AMD and NVDA are both at different price stages. AMD is barely above at its 200 DMA while NVDA is way over its 200 DMA. DCA in AMD below 200 DMA is the way go good and you hold till its next all time high

AxelFauley

Bounced off the 20 DMA.

LeBhikariLe

GOOGL please end above the 200DMA

No_Strategy_2747

back to the drawing board. what's gonna happen next week, bounce off of 20DMA or bear market?

No-Improvement3164

This is nothing until we touch the 200 DMA.

TheDudeAbidesFarOut

Because yesterday's price touched the DMA crossover.

BuyAndFold33

Not anymore. I sold a good bit when it crossed the 200 DMA on the way down but I started getting back in April. I mean the nasdaq had a max drawdown of over 20%, so of course I bought the heck out of growth. People always wait too long to get back in, smh. The trend is your friend…

Areisrising

And Elon is on the M DMA

kojaraty

TSLA is now on the 20 DMA and 150 DMA, which is interesting

No-Improvement3164

We blasted thru the 200 DMA over the weekend on news of deals being made. Came back and tested it in premarket a Friday morning on tariff of 50% on EU and those were delayed over the weekend. Does anyone know what deals were actually made? 

teamyg

Bought some TNA around 29, Russell hasn't made it to 200DMA yet; it's gonna play the catch up. 

Traditional-Collar70

In my bear dream NVDA missed earning and guidance. SPY slices through 200 DMA and filled that gap at 565.

LeBhikariLe

GOOGL please breakout of the 200DMA trap and let loose. Fly please

LeBhikariLe

and of course, GOOGL is unable to open above the 200DMA. Will dump back to below 170 by EOD. FFS

United_Recover7190

Interesting chart on LRHC. IMO, that 50 DMA at $0.166 is the near term resistance. If it closed above that point, you may have a good one for a run. https://preview.redd.it/so17oyc5kb3f1.png?width=990&format=png&auto=webp&s=b84feafe138740bac3e3b9460cdd0c0a0f7a3fd8

mgcz51

I had the same trade - 130 contracts @ .64 average and didn't sell near open (thought we'd test the 100DMA). Congrats for not getting greedy

No_Base346

The DMA is starting to bite. Apple’s app store dominance has been untouchable for years, but if these third-party ecosystems gain steam, $AAPL’s Services revenue might hit some turbulence.

Otterpoopie

SPY tested 200 DMA and bers thought we’d go below that. You fuckers had your chance in March & April, the bols are back in charge. LOL

noplanman_srslynone

Get to that 330 DMA do it! 580.8 .. do it

LeBhikariLe

second day in a row, GOOGL unable to hold the 200DMA. Hard sell. Sadness

SkibidiUnc

You will be smart and buy the dip at open right? SPY 200DMA 

No-Improvement3164

200 DMA on UNH is 530. 

teamyg

QQQ daily candle is very ugly, its standard head-fake and rug-pull setup. Bols need to retreat to 200 DMA, for 1st line of defense.

Tiny_Display_8644

What is the 200 DMA now?

teamyg

Cover some QQQ short around 511.8 (from 520), took profit while I can  More short positions to be covered tomorrow at 200DMA.

teamyg

Continue to hold my massive QQQ short positions, waiting for 200DMA retest. 

LeBhikariLe

GOOGL please stay above 200DMA. I beg you. Please stay above 171

LeBhikariLe

heck yes. please end the day above 200DMA googl. lovely pumping

hftrobo9285

AAPL clinging onto life on the 50DMA

SkibidiUnc

Finally decided, 530 is the last wall (which will result in a 35-40% Loss of the current Position, depending on Theta and IV), if i didnt sell before this is the price where i definitely sell. Depending on the news and price action i could cover before. As the positive Exit strategy, i would cover 33-40% when we retest the 100DMA or maybe a bit before, and then the rest will be held. 

screech691

$ZENA called this one out yesterday, watching it break the 50 DMA today. Bullish overnight moved has continued today!

serodi03

With regards to tech, the GDPR, DSA, and DMA are some notable ones. The most notorious of the three being the GDPR, which is a serious bottlenecks for small tech startups (yes, they do protect consumers, but they curb entrepreneurship in the tech sector). You also have the CSDDD and the CSRD, which directly hurts companies' bottom lines (in terms of administrative costs). Additionally, it hurts European companies indirectly since this forces them to publish more information than their American (or others) competitors, thus creating information asymmetry (ie. unfair competition). Talking about disclosure, also consider the differences in accounting between US GAAP (used in the US) and IFRS (used internationally/EU). Where IFRS generally requires more disclosure (not always, but generally speaking more often). Also, consider the headache that you would not only have to keep your national regulations in check, but also those of a supranational organization.

BushLov3r

I doubt it crashes again, but it’s absolutely going to check back to atleast the 200DMA at some point here

austinblackmore

When we cross the 200 DMA for the first time, we often revisit and test that zone again.

No_Strategy_2747

200 seems a bit much. Maybe 100 if u mean DMA

InfernalGout

Agreed. I think the major indices will coalesce and chop around the 200 DMA for a period while theta gang profits handsomely

SophisticatedLogic

Well ackchually if you read BogleHeads and study the 200 DMA you will- <Glass breaking sounds> BAH GAWD!!! Its ‘STONE COLD STEVE AUSTIN’ with a massive Printer! Look at the size of that JR!

BushLov3r

Dunno when but odds are we check back to the 200DMA and then bounce again

LeBhikariLe

GOOGL and the 50 DMA are such a tease

Dangerous_Chart_16

DMA deez nutz regard

LeBhikariLe

NVDA trending above the 20DMA, 50DMA and the 200DMA. Bullish

LeBhikariLe

GOOGL with a hard reject from the 50DMA today

andytobbles

For future reference VIX over 500 and Stocks under 200 DMA..you better be buying..

LeBhikariLe

come on GOOGL, here is your chance. End the day above 50DMA

Sick0h

Don’t worry 🐻, last time we blew through the 200 DMA like this it only took 16 months for another correction. You’ll have your day again soon-ish.

LeBhikariLe

GOOGL unable to hold past the 20DMA

greendildouptheass

we are now above the 200 DMA. So, most likely not gonna trend lower from now on, things are back to normal in equity markets.

EpiOntic

Yeah brkb 200DMA is holding solid above, so you got no worries there. Even brku might be worth your $, if you're into 2x leveraged.

Sick0h

200 DMA gonna get busted through like a illegal aliens front door the second the market opens

AxelFauley

Market hasn't been able to get over that 200 DMA.

ThatOneRedditBro

Look at gaps (gaps close 90% of the time). Be mindful they may not close every day if continued positive momentum keeps releasing. Look at the vix because whatever the Vix does, SPY will do the opposite most of the time. Consider headlines and financial events Look at all the MAG7 stocks and see if they are all trending up or down. I shorted SPY at 611 (near all time high) because all the MAG7 were falling below 200DMA. Banked well on that one (that wasn't an ODTE/1DTE, but I still look at Mag7 daily since market is pretty reliant on them) It's unlikely you'll nail the top or bottom, so buy 1 contract at a time if you have conviction to help average your cost basis. If you see an early market push or decline in the last 30 minutes of trading, you can make some REALLY good money if you want to gamble and jump in. You need strong conviction it's going to keep moving. There's days you can just tell if you're patient. I don't play those often, but just keep an eye out in the last 30 minutes if you want the largest gains. Take them immediately.

AxelFauley

Another week under the 200 DMA. Only a miracle like a complete annulment of the China tariffs could pump this market back up.

account_not_active

TSLA closing above the 200 DMA would be criminal

AxelFauley

The rejections at the 200 DMA... oof.

MAkrbrakenumbers

My TA says we trading side ways today ok the spy 1 week chart and Monday is gonna set the trend we either back or we not 50 DMA is a strong one for us and we caught between it and bilingue band

risin9st4r

Weekly chart tells me it’s got more room to go but $55 being major resistance and overall market currently rejected from major resistance level (200DMA) so be cautious and sell two, that would make you over 100% profit and maybe hold 1 till next week. If I were you, I’d sell all and find the next stock to trade or better entry.

SkibidiUnc

SPY must hit 200DMA before we enter a recession. Hitting QQQ 200DMA is not enough!!