Big Phoenix
Pronouns: zie/zhem/zer
- 49,222
- 107,998
Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
Self deported.
- 49,428
- 134,276
It doesnt look as crazy when you see the TSLA chart. Technically we have only lost about 2 or 3 weeks of gains. Realistically however, It should probably float down to about $200. It may not but that would surprise me. That would be $1,000 pre-split. It has a lot of support around $300 (or $1,500 pre-split) and it should catch some help around there. Notice something. The 50 DMA is $329.63 and we closed today at... wait for it... $330.21 So this is our first level of support. if it cant hold this level and get some sort of bounce the elevator goes to the next stop down around $300.
Sanrith Descartes
Self deported.
- 49,428
- 134,276
LachiusTZ
Rogue Deathwalker Box
- 14,472
- 27,164
Sanrith Descartes
Self deported.
- 49,428
- 134,276
My investment strategy stands no matter which way it unfolds. I buy another share every $100 it drops. It either goes to zero or I end up with 4 shares
Sanrith Descartes
Self deported.
- 49,428
- 134,276
Sanrith Descartes
Self deported.
- 49,428
- 134,276
Sanrith Descartes
Self deported.
- 49,428
- 134,276
Blazin
Creative Title
- 7,652
- 37,974
Turn arounds that occur in the after hours rarely hold as a pivot point. It can happen but pretty rare, will have to be watching volume .
TJT
Mr. Poopybutthole
- 46,183
- 125,590
Sanrith Descartes
Self deported.
- 49,428
- 134,276
Im not looking for some parabolic move back up. I just want to see it establish some firm ground. A lot of this is related to the insanity around the two splits. They had to come back down to reality. AAPL had amazing earnings when it announced the split so some of the move up needs to be kept based on their earnings. I did what I always do in times like these. looked for value that got oversold in the move down. I added some MSFT right above $200 and some NVDA near the bottom. I reached a bit for PYPL (I wanted it at $175) but long term Im happy with where I got it. I also started AMZN down around $3100.
Sanrith Descartes
Self deported.
- 49,428
- 134,276
For anyone interested in PLTR it looks to start trading around Sept 23rd.
www.marketwatch.com
Palantir files for resale of up to 244.2 million shares, which could be valued at roughly $1.5 billion
Palantir Technologies Inc. undefined filed Wednesday for the resale of up to 244.23 million shares of its Class A stock by selling shareholders.The data...
www.marketwatch.com
- 3
Sanrith Descartes
Self deported.
- 49,428
- 134,276
Riddle me this... Mortgage delinquencies are skyrocketing. Foreclosures are being stopped by the government. Eventually all that has to break free. So why are companies that are focused on/hold mortgages in their portfolio going higher?
Flobee
Ahn'Qiraj Raider
- 3,106
- 3,620
Maybe this?
The Fed Now Owns Nearly One Third of All US Mortgages
Nearly $7 Trillion in Securities, $2 Trillion Mortgages As of August 26, 2020 the Fed's Balance Sheet is nearly $7 trillion total of which $3.7 trillion are
www.thestreet.com
- 2
Blazin
Creative Title
- 7,652
- 37,974
Went pretty heavy into QQQ stops now in place. My best guess is that we are going to enter a consolidation/trading range pattern for a while. Market is going to spend some time feeling out that range. I tend to do well during those periods trading more actively.
- 3
- 1
