Reddit Posts
A closer look at QQQ, shifting leadership, and what the current market means for your portfolio.
NASDAQ below the 200MA. Tech just took a massive punch to the gut.
$HMR on Bloomberg - The Hottest Shipping Stock.
XPOF DD: High Short Interest, Reversal Structure, Heavy Off-Exchange Activity, and a Major Battle at $5
DRTS - Cancer Goes Bye Bye / Portfolio Goes High High
Another Huge Flag: S&P 500 returns are signalling markets are at a very critical stage
US Large Cap High-Margin Winners: Profitability Meets 2026 Market Momentum
SoFi goes live with Stablecoin Settlement across Mastercard's payments network
$POCI- The Aerospace/Defense Scale Up Behind The Scenes ( Timeline)
The Visa/Mastercard Death Thesis: How the Middlemen Get Middlemanned
$HMR Q2 OUT - 203% YoY Growth, Trading at 4x Forward Earnings Once You Strip the Cash vs 10-25x for Comparable Platforms - Yet Traders Still Dump Earnings 10% Now That It's Actually Profitable XD - Zero Debt, $28M Cash Pile Funding Catalyst Acquisitions - No Red Flags, Prove Me Wrong
$HMR Q2 OUT - 203% YoY Growth, Trading at 4x Forward Earnings Once You Strip the Cash vs 10-25x for Comparable Platforms - Yet Traders Still Dump Earnings 10% Now That It's Actually Profitable XD - Zero Debt, $28M Cash Pile Funding Catalyst Acquisitions - No Red Flags, Prove Me Wrong
Sell home and invest cash into S&P while renting or live in home and sell later on?
Gold at $4410, oil at $91, 30yr yield over 5%... anyone else think this is more noise than a real regime shift?
Gold at $4413, oil at $91, 30yr yield over 5%... anyone else think this is more noise than a real regime shift?
$HMR Q2 TODAY - 203% YoY Growth, Trading at 4x Forward Earnings Once You Strip the Cash vs 10-25x for Comparable Platforms - Yet Traders Still Dump Earnings 10% Now That It's Actually Profitable XD - Zero Debt, $28M Cash Pile Funding Catalyst Acquisitions - No Red Flags, Prove Me Wrong
The average participant in the stock market has no idea what is happening and how to play it BUT Trump does
"Something is Rotten in The State of Denmark" - These Are The Biggest Risks For Each of Mag 7 Companies
Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway
Follow up on Prime Medicine Inc (PRME)
23, ~$350k portfolio from a custodial account, 70% in three stocks. How aggressively should I unwind this?
Anyone still use use MA crossovers as a filter or trigger?
What are your current views on Financial sector? MA and V
$HMR Undervalued Stock: Nearly ~50% of Market Cap in Net Cash & a 450% Profit Earnings Re-Rate the Market Ignored - and the CEO Addressed Every Red Flag We all Raised in this subreddit
$HMR Undervalued Stock: Nearly ~50% of Market Cap in Net Cash & a 450% Profit Earnings Re-Rate the Market Ignored - and the CEO Addressed Every Red Flag We all Raised in this subreddit
$HMR Undervalued Stock: Nearly ~50% of Market Cap in Net Cash & a 450% Profit Earnings Re-Rate the Market Ignored - and the CEO Addressed Every Red Flag We all Raised in this subreddit
MU bouncing off $800 or fakeout? The chart says be patient
$HMR - down 30% since the biggest earnings (E) & news events in its public history. No debt, cash-rich, growing, acquisitions, insider buying. Yet after each PR. it falls. Make it make sense. Or is this the best buying opportunity on NASDAQ?
This is the post that got me perma banned from r/daytrading
MSFT Bear Call Spread, 96% PoP but risking 10x the credit — sanity check?
#1 Most Undervalued Stock on NASDAQ? Acquisition News TODAY & Price has not reacted yet. 22% growth in 1 PR
HMR - Uber of Shipping - #1 stock on Nasdaq, Trading at ~4x Forward Earnings While all Peers Sit at 15–20x, Acquisition PR out TODAY - price not moved yet, Still Sitting at the 200MA Buy Zone, Huge Discount to Fair Value. Zero debt cash pile nearly majority of mcap, insider buying too
HMR - Uber of Shipping - #1 stock on Nasdaq, Trading at ~4x Forward Earnings While all Peers Sit at 15–20x, Acquisition PR out TODAY - price not moved yet, Still Sitting at the 200MA Buy Zone too, Huge Discount to Fair Value. Zero debt cash pile nearly majority of mcap, insider buying too
Compared to mechanical dollar-cost averaging into the Nasdaq, wouldn't this method yield better returns?
All Aboard the ROLR Express! 🚂 ROLR YOLO update — July 3 2026
Amesite ($AMST): Real Product, Real Customers, and a $6.6M Valuation. Am I Missing Something?
Check-in DRAM ETF popped 14% — where's the entry?
The whole world is red, and now is time to think about physical side of buildout
For Those of you That Consistently Run IC's as a Bread and Butter
$HMR - Uber of Shipping - The Most Undervalued Stock on NASDAQ? 40% Drop Despite a 450% Average Earnings Beat, Now Sitting on Triple Support. Zero Debt, Cash Pile Nearly Majority of Market Cap, CEO Buying Hard, Hormuz Just a Bonus. No Red Flags - Prove Me Wrong.
$HMR - Uber of Shipping - The Most Undervalued Stock on NASDAQ? 40% Drop Despite a 450% Average Earnings Beat, Now Sitting on Triple Support. Zero Debt, Cash Pile Nearly Majority of Market Cap, CEO Buying Hard, Hormuz Just a Bonus. No Red Flags - Prove Me Wrong.
NIXX Potential $2's Near-Term; Changing Value-Perception Among Market Players
NIXX Potential $2's Near-Term; Changing Value-Perception Among Market Players
$POLA Repeating 25% Range Play and Possible Breakout
How does Federal spending stack up on some of Reddit’s favorite space tickers?
My 15-point GO/NO-GO checklist before any options trade, because I kept breaking my own rules
PTOP Announces Hopscotch Air(R) as MOBICARD(TM) 1.8 Enterprise Customer, Expanding Digital Networking Into Private Aviation
LOGI cleared its 52 week high. Now $125 has to prove it
Top stocks hitting 52-Week Highs/Lows - June 3, 2026 📈 📉
🚨 $HMR NEWS - The Next Uber - Just Launched a YouTube Trailer. Marketing, eyes & attention are only just arriving. - The Most Undervalued Stock on NASDAQ imo
🚨 $HMR Trailer NEWS - The Next Uber - Just Launched a YouTube Trailer. Marketing, eyes & attention are only just arriving. - The Most Undervalued Stock on NASDAQ imo
🚨 HOLY $HMR Trailer NEWS - The Next Uber - Just Launched a YouTube Trailer. Marketing, eyes & attention are only just arriving. - The Most Undervalued Stock on NASDAQ imo
🚨 HOLY $HMR Trailer NEWS - The Next Uber - Up 110%+ since post 1. Up 50%+ since my last DD. The Most Undervalued Stock on NASDAQ Just Launched a YouTube Trailer. Marketing, eyes & attention are only just arriving.
🚨 Holy $HMR Trailer News - Up 100%+ since post 1. Up 50%+ since my last DD. The Most Undervalued Stock on NASDAQ Just Launched a YouTube Trailer. Marketing, eyes & attention are only just arriving.
🚨HOLY MOLY $HMR TRAILER DROP - Up 100%+ since my post 1. Up 50%+ since my last DD. They just dropped the wildest investor trailer I've seen on a small/microcap. Marketing & Eyes are only just arriving.
🚨HOLY MOLY $HMR TRAILER DROP - Up 110%+ since my post 1. Up 50%+ since my last DD. They just dropped the wildest investor trailer I've seen on a small/microcap. Marketing & Eyes are only just arriving.
🚨 HOLY MOLY $HMR TRAILER DROP - UP 110%+ SINCE MY FIRST POST. UP 50%+ SINCE MY LAST ONE. 2.5M VOLUME IN A DAY. AND THEY JUST DROPPED THE MOST INSANE STOCK TRAILER I HAVE EVER SEEN. PLUS CASH IF YOU LEAVE A YOUTUBE COMMENT. THE MARKETING & EYES ARE ONLY JUST STARTING…
Top stocks hitting 52-Week Highs/Lows - June 2, 2026 📈 📉
Quality is a gate. Fear is the ranking.
Small‑cap AI plays are ripping. $ANY went vertical today… is BTCT next?
The June 2026 Confluence? Maybe....
$SLQT - an actual revenue generating company trading at distressed levels
Up 100% YTD, First Time Above the 200MA in Years, and the Last Time This Happened It Ran 300%.. ThreeD Capital (CSE: IDK / OTCQX: IDKFF)
Up 100 percent YTD, First Time Above the 200MA in Years, and the Last Time This Happened It Ran 300% - ThreeD Capital (CSE: IDK / OTCQX: IDKFF)
ThreeD Capital (CSE: IDK / OTCQX: IDKFF) - Up 100 percent YTD, First Time Above the 200MA in Years, and the Last Time This Happened It Ran 300%
ThreeD Capital (CSE: IDK / OTCQX: IDKFF) - Up 100 percent YTD, First Time Above the 200MA in Years, and the Last Time This Happened It Ran 300%
$PIII +79% — Q1 turnaround, raised guidance, and a debt-for-equity swap
$PIII +79% — Q1 turnaround, raised guidance, and a debt-for-equity swap
Week 4 Update: RKLB +300% day trade — found the blueprint
$IDKFF | ThreeD Capital – Buying $1 of Assets for ~20¢, 51-Company Portfolio, Now Back Above 200-Day MA for First Time in Years
$IDKFF | ThreeD Capital – Buying $1 of Assets for ~20¢, 51-Company Portfolio, Now Back Above 200-Day MA for First Time in Years
Tracked my buys this year. Am I setting up for underperformance?
Mentions
I mean the 4hr chart for MU doesnt really scream bullish. Considering its under the 200MA and broke trend. But blah blah blah astrology for charts
I’m thinking of doing another online MA degree so I can get more student loan money. I did that before but lost all my money on options. I’m ready for round 2 but I don’t wanna be on webcam for classes. Any degrees I can do that don’t have actual class time? Like just write some essays here and there but still get that student loan money?
I'd add WM, V, and MA. Even JPM has been nice to hold. BRK hasn't had a good year until recently, lurking around $500 for quite a while.
So, are you stating all at the same time: 1. “the bailouts are net positive to date” 2. Republicans cause bailouts to be needed 3. Republicans are more likely to approve bailouts 4. Democrats historically cast the votes to pass bailout legislation 🥴 Please attribute the non-legislative branch politician UNLESS he had it crafted/composed. You just wrote “Auto loans (2008): The Bush administration \_created\_ the emergency loans”. The Auto Industry Financing and Restructuring Act (H.R. 7321) was introduced and composed by Rep. Barney Frank (D-MA), while serving as the Chairman of the House Financial Services Committee. This is the exact opposite of what your claiming. Also, the first part of your response looks like a copy-and-pasted AI response. 🤨
You guys are once again on the wrong side of the trade. Look into the 330 MA, a little know moving averrage but very important. Now chart that on the QQQ. You will notice it was the exact bottom in April and once again was the bottom yesterday. All the weak hands and margin called folks are out of the market now, nobody is bullish, Vix is high, extreme fear. A textbook perfect setup for whoever hasn't been already liquidated chasing fake bounces
SOXL is relatively strong consistantly the past session and prem-amrekt this indicator that Large short sellers are covering in mass utilizing retail sell liquidity and panic that Oh no the NQ / ES lost their 200 MA on the dialy
the biggest reason to sell is. because my up trend crayon line at the the 200 MA broke down and my TA 101 teacher told me that that is the line where bull market turns into bear so i panic sold
Mean reversion for a price process Pt relative to a slowly varying mean μt (here the 200-day MA) means that the expected change in the deviation Dt=Pt−μt is negative when Dt is positive and positive when Dt is negative This is the continuous-time Ornstein–Uhlenbeck (or discrete AR(1)) dynamics. It says nothing about the maximum time the process can spend away from zero. The expected half-life is ln2/κ, but the distribution of first-return times has a heavy right tail. Long excursions are low-probability events, they are not zero-probability events and do not falsify the model. It's just math
So what you're trying to say is the S&P500 always moves back towards the moving average. But we've had periods where it stayed above 200MA for years and defied mean reversion The longest period was 4 years without touching the average once. Wanna guess when that was? Dot-com bubble. See any similarities to today?
Definitely a bounce coming off the 200 day MA. The Fibonacci sequence indicates a beta twirl to the 7th dimension. Calls on SPY.
exactly my situation, everything is so fucking expensive. $MA and $ONON are my main holdings atm
I'll tell you what's going to happen tomorrow, stock will go up or down. /kidding It will bounce hard from its mother - the 200 period moving average and it will come closer to the 20 MA, the current distance is huge and SPY/SPX won't stay away from it even for a day now. Learned this by watching charts daily. Mark this post and remind me to deactivate if it doesn't happen. Worst case scenario is the downward inertion to continue at the open with another 20-40 points down, then to chop out before taking off back up on Monday with filling the gap up at least to the half point by the middle of next week.
spx went from the 50 straight to the 200d MA in one candle. pretty unreal.
Possible. QQQ lost the 100MA last week and closed ~5% below 200MA today so I'm guessing any bounceback will be both sharp and temporary.
We just crossed the 200 day MA. Not looking good.
There is no “belief” the Democrats are going after big tech, they ARE going to. Democrat Ed Markey from MA stated they will need to plant forests for the amount to subpoena’s headed the way of big tech right after the election results. That is an attack on the Mag 7, when that onfolds growth is going to be neutered…..remember democrats don’t care about 401k/retirement accounts, the money will be harvested and put into expanding social and welfare programs. I’ll be downvoted I’m sure but you can’t run away from the facts of what Dems ran on and won on.
Refrigerator box in an alley in Allston, MA. 1.5 mil
lol my retirement port is Boggle head really, but adding earning diversification from AI complex. Been Ok with CME, BRKB, and MA
$SPY still has to fall another 10 bucks til the 200 MA, which I don't see it going below. Maybe a sizable bounce tomorrow followed by another PLUNGE on friday
Good thing I listened to my intuition. Markets were starting to rollover prior to the midterms. Been seeing posts prior to this move this will be a bear trap, but in the big picture perspective, multiple MA's are being violated supported by volume. Keeping my gains for now! #SPX
Definitely a bounce coming off the 200 day MA. The Fibonacci sequence indicates a beta twirl to the 7th dimension. Calls on SPY.
Same Crazy though, they sold V, MA, AMZN, and UNH before huge run-ups And bought GOOG which hasn't done great for their cost basis
Good thing I’m in gey ass stocks like V and MA
OP, zoom out to the quarterly chart and look where the MA line is. It can still fall half from here and still not hit it NBIS was a $20 stock barely a year ago
All the money in the country is in CA NY MA IL TX all blue
spy is rejecting off the 20 day MA as expected, putting in another lower high for the month, if things don't fall in the next few days CPI will dump it on Tuesday. You have been warned
We could theoretically poke our head up to about $708-$710 on QQQ as a bit of warning about buying puts. We got rejected pretty hard at $701, so maybe wait and see if we kiss $700 again. The MA10 is being supportive so far, and we're getting higher highs and higher lows on short-term indicators, so I'd be a little cautious.
Don't touch SOXL today. TSM is literally sitting on the 200 MA. NVDA just a few cents under. AMD will be on crack cocaine because of the earnings (still over the 200 MA). AVGO, QCOM, INTC and a few others are way under the 200 MA. Do leveraged DOW or Russell if it's your thing.
Oh Gawd I woke up for a piss and my plan to buy the dip is now gone. We were under the 200 MA. WTF
Yeah limited risk to reward on the short side from here. There is a 50 week MA at 670ish.
QQQ under the 200 MA. Stop loss fest tmr.
50 MA for QQQ on the weekly chart is at 768. If we blow right through that god help you regards cause the 200 MA is sitting the 500s...
Wonder how my dumb boomer MA and V calls are gonna hold up :/
S&P closed broke and closed below its 125MA Last time it happened was March 2026
imagine not seeing the qqq 10% pullback and 200 day MA
EMERGENCY UPDATE!🚨 THIS IS THE DAY #2 BREAKING BELOW THE 'MID-TERM MA.' LAST TIME IT BROKE (LAST MARCH) THE MA (SEE ARROW), WE CAME DOWN -7% ON SPY. https://preview.redd.it/shttqps3m9zh1.png?width=1897&format=png&auto=webp&s=84a1c4a90dade46be62bba902156d47cd2a4f21a
TSM on the 200 MA. Crazy.
SPY is rubbing her tight wet pus\*y on the 125MA
Dum ass, the MA 200 is at $ 202 and the price is going low.
Also the 5MA on a 15m chart can be very powerful your day trades
5MA on the monthly is the ultimate trend indicator.
Fuck I’ve simplified into a few things. 1) buy sectors that are sucking air technical wise. 2) buy stocks that are have candles hanging off the 5MA on the monthly and start trimming soon as it touches it. 3) short stocks that are high rising above the 5MA
bounced hard at the end of the day. That usually bad days like this are followed by a reprieve, even more so when you see an end of day bounce. That the powers that be likely try short the hell out of oil one more time to make things look happier on Tuesday. I do think the SPY tests its 200 day MA, because as you pointed out, nothing has changed. But the markets never go straight up and down, and I think the selling takes a break Mon/Tue.
it popped too at the end of the day. I managed to pick up some calls for Monday before the big green candles, which I'd add is more evidence that you're right. Usually hard reversals end of day like that signal what's going to happen the following trading day. I wouldn't be surprised if it melted up Tuesday as well. Post election.... I'm not so certain. I'm also half expecting the SPY to test its 200 day MA as soon as Friday and as late as next Friday.
I'm banking on a 200 day MA bounce. Very tactical entry point. Bought long synthetics on SOXL and TQQQ.
Good breakdown. The 200MA break gets a lot of headlines, but what I watch is whether it reclaims it within a week or two or starts rolling over. Days like this are when patience pays. Let the panic settle, and the quality names that got dumped with everything else usually give a better entry than the first bounce.
QQQ is down 10% from the high and 0.5% from the 200 MA. SMH is down 23% from the high and sitting right on it's 200 MA. I wish it was a bigger flush and the VIX was higher, and the selling is orderly, but you can make a lot worse mistakes than to take a little down here.
We are right at the 200MA on the nasdaq, Either we bounce on Monday/next week or its a fucking massive gap fill downwards
OK it’s bounce time Q’s hit 685 the 200 daily MA. Added more AMD calls lmaooo
RDDT charts are hideous rn It's capitulated so far from the 9ema, it has to revert sometime But that stock is giving me the Herbie Jeebees so much that it wouldn't surprise me if price held and waited for the MA to catch up, before setting again on a Big Gey Ber run
Big boys defending that 200 day MA on the S&P
SOXL RSI is at 36 looking at 1 year daily, 50% below the 200 MA. I just don't see how this doesn't explode again.... I mean I mostly do intraday trades but man I cleaned house over the past month I am talking 100% gains
MA, SPGI and UNH are preventing my portfolio from being completely liquidated. These tech companies crash are no joke.
I know everyone's mentioning Google today but the 50 day MA is now lower than the 200 day. With the stock rising 4 out of 5 times this has happened in its history. Is it possible the bottom is in? I want to believe it's that simple but I just don't know.
Cashed out MSFT right at open while my $MA lifetime bags are giving me a little bonus, for the rest cash gang for now, can't complain
I have advice for you, never buy a company that is limited with revenue growth. At least wait for 200 day weekly MA
Why do I always have this urge to buy right at the top of 200MA, god I never learn
Silver was only near $50 for a few weeks in Jan 1980, and that was mostly the Hunt brothers trying to corner the market. Also the '79 oil shock was the Iranian revolution, the embargo was '73. So that spike says more about two Texas billionaires than about the dollar. The bigger problem for the metals argument is the 80s and 90s. Silver dropped about 73% over the 80s while the debt roughly tripled, and gold slid for most of those two decades too. If metals track money printing, why did they go the opposite way for 20 years? And gold went from \~$5,500 in January to \~$4,100 now. Hard to measure wages with something that moves 25% in nine months. CPI being rigged for the rich doesn't really add up either. Social Security, tax brackets and TIPS bonds are all indexed to it, so lowballing it costs plenty of rich people money too. Housing is where CPI gets real criticism, and that's where your argument is strongest anyway. $900 to $2,800 for the same unit while MA minimum went from $8 to $15 (it's 15, not 16) is a brutal gap and doesn't need gold or silver to make the point. Weimar doesn't fit. Nobody was in the dark there, people were hauling cash around in wheelbarrows. So if it's not mainly money printing, what's driving rents? Zoning, corporate landlords buying up housing, wages flat since unions got gutted? I'd put more on those than on the Fed.
For some, maybe, but it's a roll of the dice again. Look at MA. We're always liberal here. Blue to a fault. We have a lot of great social programs, amazing public school systems, very safe towns across the state. Our government is just as corrupt. Our governor lies constantly, blows out budgets, uses executive power to push her own agenda, makes backroom deals with utility providers, appoints friends and others as favors in positions they're not qualified for, and don't perform in, missapropriates funds, and pushes a strong agenda for migrants wasting money and burning through surplus funds that were "earmarked" for other programs. So, yeah, current administration bad, Trump evil, blah blah blah... All true, no disputing that. Unchecked democrats; probably not inherently evil, but definitely not loyal, honest, or trustworthy. And they also don't give a shit about you.
GOOGL walks into Wednesday's earnings in a bear market, but the bar for a post-earnings bounce is now low. Friday's close of $320.21 is 20% below the May high and 6% under the 200-day MA. RSI is near 31. Consensus wants EPS of $3.03 on $127.9 billion in revenue, with Cloud around $29 billion, up roughly 90%. Last quarter it fell 7% the next day on the CapEx spend. Options are pricing about 5% either way this time
I started over at 44. Just earned my grad degree (MA in Education) in May. It’s bleak out here.
Y'all act surprised like soxx didn't just bounce off its 200MA
Googl is in free fall right now 200 MA destroyed days ago No support until 270ish Earnings going to be a make or break moment of Mr Sundar
Wonder how the market is going to react to googl earnings this time. Even more capex and negative cash flow? It's well below 200 MA so it should move bigly on earnings... in either direction
Your backtest numbers look clean but the 175-day MA is doing a lot of heavy lifting here. You're basically one big whipsaw away from lagging simple buy-and-hold in a volatile recovery. What's the max consecutive losing trades your model showed during those drawdown periods?
SOXX went to the 200 MA afterhour just to offer this weak performance. Hey Mr Market, dump during market hour so we can get the stop loss rally
If QQQ breaks the 200MA we will be in for a bloodbath
I suspect we're getting some waterfall selling the next few days. I might look to buy a dip very short term, I do not see an environment for sustained uptrends in growth tech. For a long-term buy, I'm looking for probably several months to a year worth of net selling. Like a 2022-style reset. I don't strictly use MA reclamation. I think what I'm looking for is hope being completely beaten out of growth bulls, but I don't know what that chart will look like.
Bullish divergence on tech/semis (5min chart). Liquidity sweep to the 200 MA during afterhour on SOXX. I'm just waiting for the volume the first 5 minutes after the bell, but it's gonna be GREEN bigly.
Have you looked a V and MA recently? So it should blowoff too right?
SOXX on the 200 MA. Things will get funny.
i have my stop set just below 200 MA just in case on this Long trade.. below 200 = bear market sell
SOXX will hit the 200 MA and do a liquidation sweep and it will go up. So yeah, I agree with you.
MA, V, LLY, MRK, BMY, and CVX doing quite well for me since buying the dip. But I'm back to buying tech stocks again.
MA BOY $IWM IS SO CONFUSED WITH THE SITUATION :kek:
TQQQ yearns for the 200MA
QQQ ONLY at $706 is worrisome. Still a lot of room to dump. $686 is correction territory and $676 the 200 MA.
URA is a uranium ETF if you are interested. the technical chart currently looks very bad - a declining 200 day MA and it is trading below its 50, 100, and 200 day MA. the 50 is below the 100 and the 100 is below the 200. it is also down 20% YTD. personally I wouldn't go anywhere near this but if you have conviction it is selling at a bargain.
Pretty funny watching the second by second panic here on garbage while watching my stress free SPGI/MA dip buys from earlier this year now mooning
They don't get much attention, but the credit card companies are really doing well and should keep moving. V and MA are both at ATH and a bit extended (I'd wait for them to pull back before investing new money), but AXP and COF have plenty of room to run.
It’s okay, I was adding puts at the hourly 50MA and it’s paying off so far.
Noticed the hourly 50MA has been the bull/bear tipping point for a while, needs a strong move through or gap above that to really turn the gas on. That’s at $771.18 right now which has , interestingly, been resistance today so far. Added puts there with a tight leash, we shall see.
Yeah same that resistance kind of fucking sucked the life out of my position as well but my thesis was about the same as yours, plus the daily chart looked like a good bounce of the 200 day MA and its made similar moves in the past. Did I make a retarded play? Are you good at this? Lmao
Here's an example of a decent trade and hopefully people can study it and replicate it instead of holding a penny stock over the weekend. My entry: 2.95 - because of the breakout from the 20 MA and 200 MA being so close together. It also had a good amount of volume. Not the best entry candle because of the tail - a close to full bar would have been better confirmation. My risk: 2.75 My exit: 3.40 - because it's above my 1:2 risk/reward ratio and waited until the 5min candle finished. https://preview.redd.it/9d5v0rctzfwh1.png?width=691&format=png&auto=webp&s=570c09d6d8e3ec1965d9d4d2917dac8ef5841509
I wouldn't touch it. On the weekly, the 50MA is about to cross the 180MA. All hell's gonna break loose when that happens. BUT!! MCD is also in its correction phase using the Elliott Wave. Looks like it just hit the bottom of its A correction.
We fell like 2.5% off a cliff on the Nasdaq on Friday. I don't know why the expectation would be another day of straight down without something of a retrace. It's not even meaningfully up yet. We just caught back up to the MA10.
Have any of those companies been below the 200 day MA recently?
They are just dumping their bags before earnings to derisk and will FOMO back before mid/end november (It could even be this week). A lot of stock are almost or under RSI 30 and near the 200MA. Stay away from the junk.
$V and $MA are my never sells.
3 biggest positions are tied META, MSFT and MA (all bought before the run ups)
Listen some of these comments show no sympathy because you net 10k a month but it’s not about that. You still worked and out your time in for that money to vanish and your mind is going in a circle of would could shouldas. That aside you are blessed with 10k a month. Focus on that and please let go of the day trading. You can message me and I can give you some pointers what to do going forward but they won’t be get rich sprints. It’s a marathon, you pulled a muscle but you can still finish it. Day trading: never do it -unless- you have back tested a repeatable strategy for hundreds of trades. “Repeatable Strategy” is made up of many components and one of the most important components staying solvent is risk management. Moving forward: looks something like taking what you save at the end of the month and deploying systematically. Rough example with 5,000$ saves at the end of the month: 50% short term bond 25% utilities 25% S&P 500 Over time each time the spy touches the 200MA on a pull back buy using 10% of your short term bond holdings. No more than 5% a year of your total portfolio on stock picks. If you use 5% you can’t stock pick until the next year regardless of P&L DO NOT include a major run in a stock pick of your total portfolio for the 5% UNLESS you have realized profit and allocated that profit to short term bonds and utilities. Just a rough short example on the spot
Wait in december, sell the shittiest stocks and stick to index funds in the future. If you want to do stock picking, wait when the index is crossing the 200 MA and buy the best of the best.
Puts until those suckers at 200 MA panic sell then calls
No, just RSI and MACD. 200day MA is only useful for dollar cost averaging, but you have to time the buys using RSI and then watching daily/multi-day MACD trends.