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Can't be right every time. Dropping further than I expected, but it's definitely dropping too much too fast.
This is the bottom. Going more calls than puts.
Definitely did good at 260 though. Now it's gonna close at roughly 268. Tomorrow I expect a good open as a cup forms and peak at yesterday's high about 30m - 1 hour after open.
Thanks. I was expecting a flip though past that yesterday and sold all calls, restraddled 50/50 on 270. Did not expect 277. Nor today.
Overbought pump in the last hour. Time grab puts.
Expecting some pull back from here. Predict 266-267 close.
Until something with solid foundation comes in to lead this to a competitive level of steam and epic, gamestop is far from a front-runner in gaming. This needs innovative ideas. Else it's doomed to slide down further. Doesn't matter who the ceo is.
Looking set for high of 270 today. The patterns are there.
For today though,I believe the key resistance to form a bullish penant will rely on 435-437.
A green open is certainly promising.
Yeah I agree although it won't be with skepticism at first. Most of the uncertainty with Semiconductors lay with leading powers tension. The future was shaky. One side or the other grabbing all of the 'chips' in this high stakes poker game, and it is indeed looking like China... will at first be rejected by U.S. markets, but then the valuation and demand will drive this thing into the stratosphere within the end of this year. It all depends on how this develops from here.
If infrastructure of manufacturing is damaged, it'll be bad. Loss of key personnel, also bad. Be ready to go liquid on the one. Breaking news can send it either way in a heartbeat, but I specifically look for the most volatile tickers.
Hey and this will go to 195!!!! LIKE TESLA!!!!! We know your position.
THIS is the catalyst the world has been waiting for on a great number of things. Semiconductors are at the top of the heap. Get ready for $500
https://www.reuters.com/world/china/blinken-wrap-up-rare-visit-china-may-meet-xi-jinping-2023-06-18/
No it isn't. It's only starting. Talks between Secretary of State and China with Taiwan at the pinnacle of the discussion is all things Semiconductor and ultimately gpu chip related. This next week and how that develops will impact this is BIG ways.
Apologies. *pullback Tuesday morning. Closed on Monday.
As I stated Wednesday. This pulled back. But we're lined up exactly where I thought it would be. Expect a massive dip on Monday as bears attempt to drive it down to repel the following jump. Monday will close 265 and Tuesday will follow this jump. That's my prediction at least.
Mmmmm nope.
Technicals don't lie. New 52wk high.
Ok. Technicals don't lie. Let's see another 52wk high...
Higher lows consistently. This is nested consolidation before a move up. A bullmarket overall. Open was the pullback. Not the time to be shorting. Friendly advice.
It's holding solidly above this mornings 225.92 prediction line. All technicals are pointing to a penant and another leg up.
About to get back into the green. :) gonna be another good day!
I don't know about that. I don't see anyone in their right mind selling right now. FOMO in this is real. It can jump 5-10 in the matter of an hour. There's very very little bad news surrounding them as well.
Vanguard and Blackrock making you look silly. Seeing this at 450 by Friday.
Negative. Take a look at large scale investments. Vanguard and Blackrock have been buying this up hand over fist. State street group liquidated some positions. Just small profit taking. I imagine it'll go back green in the first hour.
Scooped up 435 calls at 416 pps. Hopeful for what jun29th might bring.
During Marketwide pullbacks. The stocks with true strength, the front runners, will expose themselves momentarily. Nvidia did not appear to hesitate while Tesla did. As for AI development, it appears that the majority of investment faith is backing the other horse. Something I'm considering as I suggest others do the same.
Lowside for tomorrow 242. Profit taking after first red close, followed by green close Monday forming penant. Mondays close will determine if 300 is possible.
This has to break 259 to break out of today's downward shift
Looking at a convergence of high 256, low 257 before it finishes consolidation and makes a break either direction. Roughly 1 hour of it following this until we get to a breakout point. That point will decide tomorrow's momentum.
We're still well above her sell off point. So this statement has yet to be proven factual in any sense.
I'm holding on re-entry for the moment. Will evaluate in 1 hour.
Infact... the only triple baggers with above 4% of ARKK's weighted holdings are:
SHOP(Shopify): 107.77% YTD
EXAS(Exact Sciences): 135.54% YTD
DKNG(Draft Kings): 126.11% YTD
Without those, the 8.18% of it's holdings in Roku being down -2.12% YTD (Flat) and the 7.24% Zoom holdings being down -35.26% nearly wipe out all profits the "great Cathy Woods" would have made, entirely this year. And meanwhile. Tesla was 101 jan3 and 260 as of this writing. Over 110% gains YTD... Yeah... 13.1%-15.8% gains riding that big of a swing from Tesla? A high-school student can manage the funds better than that.
Arkk is only +13.10% YTD on it's tesla holdings.
Arkq is just above +15.8% YTD. On it's holdings for Tesla as well.
I'm scratching my head, wondering where the big moves that are newsworthy went. And mind you this is not including the loss incurred from 2022.
They do speak for themselves. Now to put all of that side by side with Tesla's PPS and calculated gain/loss for each entry/exit.
There's a reason Arkk took one of the biggest hits at the end of 2022... ;)
The key catalyst that I saw and turned this entire year around was when the deal was brokered for lithium from refining processes in the U.S. in Pennsylvania. That deal I believe has a shelf life into 2025. The big concern was getting resources from China as sourcing it was blasted in the unfactual media as difficult during more attempts to destroy Tesla via journalism. That single report of factual information was all any investor needed to know what was about to take place.
If the fed hadn't been hiking rates, and put the inflation battle... that never should have been... aside, this would be above 1000 right now.
The greater market drove it, but it's own merit turned the market around. It was rising when most others were still in massive decline. I attribute that single brokered deal for lithium as the pivot point for the entire market. Profitability was shown to be possible in spite of administrative failures on government policies.
So... in a long drawn out way, just as Ford was accredited for saving manufacturing with the assembly line during that Era, this is very much akin to it. This ticker is far more than just something you can smear, day in and day out. It keeps setting new precedent. That's why we're all still here. And most of us aren't talking about gibberish using obscure words like "wompy."
It's not a fact. She bought in January just before a giant correction at a loss the very next few days in january.. effectively making her position a poorly timed event that took awhile to see a profitable stance again. Losing a few weeks by error in judgement. A few more weeks by jumping in late. Missing the ride down during the last major dip... but curious that you neglect to mention the % of share size she sold just now is a single digit comparison to the amount of what she's holding in total... so....
Just as all of your other information: more hot air.
I do believe she stated this would be 6000 by 2030.
Except she didn't jump back in at 102. She waited until 140s. I know because I was there and effectively called the bottom.
Thanks :)
For the sudden acceleration guru *grunt* it's mostly nonsense to drive blind panic. Much like the guy that threw out "195" in a heavy bull run.
Yeah we're all here because this stock is definitely widely known for not doing what institutions expect. At least that's how it began. Slowly it's shaping up and following the broader trends. It was this ticker that forced me to develop that certain strategy.