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MTTR under the 200DMA and below the ascending TL support from months back. Careful if you're long.

Just hit the newswire: This changes the MTTR trade for me. Not looking for that support entry and going to wait and see how this plays out.

MOC flat now. (whip!)

Personally, I have had my eye on the 200D MA (currently at 17.45). You've also got an ascending support trend line sitting just under that at about 17.35. (TL from 13May2021. This zone is a (safer) place for entry, however, as Blazin said this can get blown out and hunt for lows. It recently had...

I really want these shares back. :mad: (Jan 2021) 01/13 FORD MTR CO DEL COM You Bought 1,400 @ $9.285 01/13 FORD MTR CO DEL COM You Bought 2,600 @ $9.29

Sometimes I am talking (posting) thoughts out loud.. looking at GM chart today, it recovered the stock price on the news and then some. Wacky markets going to continue to be wacky. No trade here.

Jeez. I go out for an hour to pick up my car from service, come home and F is up 12.5%. Tomorrow, Ford will be reporting Q4 and yearly sales. If it is anything like GM just reported today (-43% sales year/year), this could be a short opportunity.

I was just chatting with someone over my skepticism on F and carmakers in general. Demand for their EVs is one thing, but Q4 was full of plant closures due to chip shortages and I am very interested to see what Q4 results are. Could potentially put a reality check back on these names. Not even...

F just monstering along again with a staggering 9% move today.

Up 4% on this from yesterday.

Trimmed some DIS for 10%. Trimmed some NCLH calls for 40%

96% accuracy at the end of vid. That's like an Asian F, right?

To further validate my point, pushing the chart back to the last year you can see multiple double, triple, quad tops. Each time they have failed, there is a marked pullback in price before finally breaking out. You can often see after the breakout, the stock can retrace to backtest the previous...

Here's a better chart to get a real view of the price action. Clearly, the 100DMA was the best entry looking back. But you can also see the 50DMA provided an attempted bounce as well. These are your best entry points. I didn't bother marking out pivots (can be equally valid support /...

As someone who preaches Technical Analysis as much as you do Fundamentals for your value boomer stocks, I am surprised you dismiss these. Double top is valid as it becomes a resistance / breakout point. Buying right at a previous top would be a fairly risky play. You need real volume to break...

Up 2% on the day on my JPM too. Long hold for me, especially going into 2022 rate hikes.

ORCL looking interesting down here. Fairly beaten up stock and right at the 200DMA

Tesla off to the races this morning. +7% pre https://www.bloomberg.com/news/articles/2022-01-02/tesla-delivers-record-308-600-cars-in-quarter-beating-estimate?sref=9HT8lz40

Who's gone Price is Right and bid $1?

So much mixed messaging out there for 2022 direction. https://www.bloomberg.com/news/articles/2021-12-27/it-s-december-1999-based-on-the-nyse-shares-touching-new-lows?sref=9HT8lz40 I had been talking about this for a while. Lots going on under the hood while indexes are breaking ath after...

Just goes to show you should be making orders at key price points, regardless of your feelings. I trimmed 1/3 of my SPY from the 100DMA purchase through the highs yesterday. I will trim another 1/3 position if we hit the macro ascending trend line on the SPY daily. My overall market feeling...

The fact Bitcoin keeps failing to hold the $50k level can't be very confidence inspiring. The more failures of this level is just going to cause further downward pressure.

It was probably me who dished that advice, and I strongly back that. If you arent positive trading common stocks, you shouldn't even be thinking about options. You can papertrade options in ToS. (perhaps some others too)

The problem I keep seeing repeatly with travel sector (airlines and cruiselines especially) is that people keep comparing pre corona stock prices to today's stock prices. The companies have fundamentally changed since then. Most have all taken on massive amounts of debt and/or also issued new...

Not sure what charting you use @Sanrith Descartes but someone trading at your level should be using something at least as good as TradingView. eSignal is top tier, but really expensive. TV is great for swing / investing. https://www.tradingview.com/ They recently did a 60% off Black Friday...

Never used them, let me have a look... Doesn't seem to work here either.

I think Sanrith mentioned Fidelity and some AWS issues linked. Using Fidelity's active trader pro platform, I just bought and sold 1 share without any issue.

I dont know how anyone trades small name bio stocks. ALLK failed some late stage trial drug. Immediately gaps down 87% overnight. This is what happens to bio stocks when they have nothing else in the pipeline. If you need any further confirmation "analysts" aren't worth a damn, Bank of America...

The real interest I have is seeing how China reacts to Omicron. They have basically held a zero tolerance policy on Covid and shut down anything and everything with the most minor of cases. Manufacturing, Ports, you name it. If they keep up with this extreme policy, supply chains are going to...

Eh... its mixed messaging everywhere. "It's not that bad.." to next, the WHO says dont dismiss it. Both from today (Imperial College London is reputable as it gets): https://www.imperial.ac.uk/news/232698/modelling-suggests-rapid-spread-omicron-england/...

There was (still is) a monster bid of liquidity of around 113k shares at $20 in MTTR. Slightly below the 100D SMA. Got a bit too greedy in my own bid today and missed the move.

Holy crap. Shock there's still all that PSTH hopium! More like lotto plays for sure, but that is a lot of worthless calls expiry.

Entire market is currently whipsawing.

@Shonuff If you really want to up your game and do some real reflection on your day trading, check out TraderVue. You can journal your trades, but the metrics they track are incredible. Import your year and you can do an in-depth analysis of what has / hasnt worked for you. This is a must have...

Keep in mind: We are still basically skirting all time highs on the indexes. If you are seeing big red, youre likely in some high growth names that are being sold as we rotate into value. Know what you own in these markets.

It's important to note that whenever there were previous bear market pulls like 2020, 2008, 2000... Fed always had room to lower interest rates and calm things down. If (big if and I am not convinced it happens) we get a huge bear market correction to the tune of 20%+, the Fed is now backed into...

$95.20 all time low for RIVN since IPO shortly ago. If it breaks that level, could see some continued downside.

SPY level premarket has given up the entire move of the post-Fed talk gain from Wednesday. A lot of inconsistencies out there.

Are you trying to convince the markets of that, or yourself? (My travel puts up are up 10% today)

Likely profit taking after yesterday's big run post-Fed.