Investing General Discussion

karma

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Ok, so help a noobie out? Am I reading things wrong lol? Looks like it has already dumped below the 100 (darker green line) on my charts? 50 is acting as support for the last week or so? with the 100 acting as resistance today.

Screenshot 2021-05-10 151411.jpg
 

Sanrith Descartes

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Ok, so help a noobie out? Am I reading things wrong lol? Looks like it has already dumped below the 100 (darker green line) on my charts? 50 is acting as support for the last week or so? with the 100 acting as resistance today.

View attachment 353452
You are correct. It was a typo on my part. The 50 and 100-DMA DMAs have inverted. The 50-DMA is acting as support right now. I need to change colors on my lines since the red and brown sometimes blend together.

edit: I am not adding AAPL at the 50-DMA. I do have an order to add at the 200-DMA if it gaps lower down to $123.
 

Sanrith Descartes

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I dont know a ton abou the company beyond what I red pre-IPO. It has tanked down to an all-time low and I am sniffing around. But when I look at the financials, they are spending roughly 98 cents for every dollar of revenue they acquire. And that is kinda... well... shitty. Am I missing something with this company? Why was it such a bug splash? They are only doing about half a billion in revenue and spending half a billion to acquire that revenue.
 

karma

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lol I custom scripted my moving average indicators to label them and spent the last 10 minutes trying to figure out if I screwed something up when I did it! I was more worried I had made a mistake on something than anything.
 
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OU Ariakas

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I dont know a ton abou the company beyond what I red pre-IPO. It has tanked down to an all-time low and I am sniffing around. But when I look at the financials, they are spending roughly 98 cents for every dollar of revenue they acquire. And that is kinda... well... shitty. Am I missing something with this company? Why was it such a bug splash? They are only doing about half a billion in revenue and spending half a billion to acquire that revenue.

They are sticky. ITSM (IT Service Management) which is ticketing for a corporation. Then they use the CMDB they created from the ITSM project to pitch business management and integration into ERP systems. It is a SaaS model which means when they get a customer that customer is paying them for licensing yearly and getting away from them means a complete overhaul of the organization.
 
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Sanrith Descartes

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lol I custom scripted my moving average indicators to label them and spent the last 10 minutes trying to figure out if I screwed something up when I did it! I was more worried I had made a mistake on something than anything.
My bad
 
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karma

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Thanks again to you (and the other guys) who regularly try to keep this thread moving with helpful things. Much appreciated.
 
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billymain

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wanna throw another one out there.. DUK (duke energy) has made a commitment to photovoltaic energy powered by perovskite. with good reason. been watching this a few months and through all the wild market dips and corrections its one of very few on my watchlist that are almost always green. almost.
also has no meme attention.
from some nerd named peter.

"(3) Perovskite

Right now, the “conversion efficiency” of the average solar panel—a measure of how much captured sunlight can be turned into electricity—hovers around 20-22%, at a cost of roughly $3 per watt.

Perovskite, a light-sensitive crystal and one of our newer new materials, has the potential to take that conversion efficiency much higher. Last year, scientists paired perovskite with silicon in a hybrid solar cell that achieved a new world record of 30% efficiency.

And perovskite has the potential to get that number up to 66%.

The ingredients that make up perovskite are both widely available and inexpensive to combine. What do all these factors add up to? Affordable solar energy for everyone."
 
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Sanrith Descartes

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AAPL keep an eye on 122.65 (give or take a penny) and then 121.25. This is the line in the sand for Tech today. I'll be adding down here if we get there and my gut says we get here without some outside news.
 
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Jysin

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Feeling like we see a spike down in market with stop loss triggers at the open, causing more panic.

Looking to buy some bargains today!
 
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Locnar

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Pltr down another 10%

This hurts me so much. I'm still up, but long gone are the percentages up when it was in the 30s. "If only" I cleaned my portfolio out of shit stocks in February".

PLTR is not a shit stock, I'm referring to tons of other "growth plays" i've kept too long.

I feel like a gambler now just waiting for one more win before I leave the casino. (though I sure as hell had other opportunities and decided to instead let the stocks run further and buy more dips).

Come on crazy stock market, shoot to the moon just "one more time"....

please
 

Furry

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Is everyone liquidating stocks to keep up with gas prices (both irl and in coins)? Dow 8000 here we come!
 

Jysin

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PLTR first technical support level (pivot) is mid $14s. Going to need some catalyst to get this moving again!
 

Jysin

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AAPL keep an eye on 122.65 (give or take a penny) and then 121.25. This is the line in the sand for Tech today. I'll be adding down here if we get there and my gut says we get here without some outside news.
AAPL block trade 2.5 mil shares at 09:07:31 at $126.85