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You feeling it will continue to decline over the time being? Or are you feeling it was oversold here.
I am seeing that with the lack of growth forecast that there is speculation it will flirt sub 110 in the coming months.
I have done this myself a few times haha.
I am thinking we'll be reaching sub 200 in the next 2 weeks I really see it coming. The short pressure is hard and it won't let up. We will see covering and consolidation every so often. Monday I am thinking we will see the 215-220 range and then a progression back to to test 200 by end of the week. And same the following.
180 is a strong support and I think anywhere sub 200 is really a good buy point as I think come year end it will test the mid 200s - 300 again, IF the news holds up.
Remember there is still alot of positive ahead for tsla, they are cutting costs, they have a lot more coming to the table for the next few quarters with models and factories; there is still a ton in the pipeline that people seem to forget. I distinctly remember 4 years ago and Facebook everyone saying holy crap bad investment worth 30 bucks... Now look where it is haha...
Once tesla gets its groove it has strong upside potential but has been over valued in the past and its evident as of late.
I am long tesla but I have varied that position substantially here and there as I believe it is a trader stock... But I do have faith in the vision. Plus at the p/e ratio it is far more appeasing then it was before.
Eventually, all shorts have to cover though lol
You thinking lower?
I wouldn't worry about the drop.
I'll be holding my popcorn for 10:30.
I am long acb anyways, there is huge upside here. Been a holder for a few years so I am heavily green.
Lol... This is laughable... We have a supply issue in Canada there isn't enough!
Right now gov of Canada is restricting abroad shipments till companies can meet Canadian demand.
Bears will get pinched hard in the long run here, big picture. These companies are the pharm companies of the future.
Anyone have any idea about what earnings predictions are.
Supposed to be released hour before market opening tomorrow.
No kidding!!! Crazy I haven't seen a bounce like this in a while!
Rode the puts from 80 cents to 3.40 and closed them.
Was a good easy gain today.
Any confirmation on what's happened. Is this fraud case legit?
I don't think this is going to bounce. Not today man. There is alot of short pressure. Some covers are the only buys showing.
Best to stay away
I bought those puts at a buck on monday and closed them at 6.50 today.
I had bought 50 of them.
Guess the 600% I made is still worthless. Hahaha
Sold my may 17th puts @60 strike for a healthy 85% gain.
Bad news bears
Worthless? Haha
I bought some puts on the dip this morning. I was a bit eager but i think we will still see a downturn this week with the trade woes looming.
AAPL Puts Strike $200 May 17th
LYFT Puts Strike $60 May 17th
I feel it more of a hedge play for my portfolio to catch anything on the way down, they aren't huge openings.
Anyone else feeling a bit bearish this week? I am thinking LYFT will have issues with its short presence, earnings, and uber right around the corner. AAPL might see another sink that will stick if these trade issues don't get resolved. I know the markets recovered for the most part today, but already looking to the end of the week i am not sold on the optimism!
Thoughts?
Wouldn't be so sure just yet haha
Sold my stake today.
Was in at 135 and sold my 50 shares.
Although still bullish I think it might be rough. I am not optimistic on China this week.
Sorry. I bought the 200 puts. May 17th. 20 contracts.
I got a little eager and got them this morning, obviously the turn around hurt me, I don't think the China deal is getting done this week though. I could see close to 200 end of week
I bought 200 puts may 17th
https://finance.yahoo.com/news/analysts-estimate-walt-disney-dis-143302536.html
I've removed my call positions for a small gain
Earnings is looking to miss.
Earnings is looking to miss. Good oppurtunity to pote tially load more
I'm currently in options. Not so much playing the stock itself.
Incredible selling pressure these last few days. Any runs is met with heavy heavy dumps.
I'm not watching the level 2 but the orders going through are definitley substantial. Interesting seeing the derivatives and how heavy they are on the calls whilst the stock trades themselves are heavy short.
Not yet... Most people expected a huge run but I think the market already accepted endgame was going to be a hit a priced accordingly...
I posted a good analysis yesterday on the Disney board...
I'm holding my may 17th 140 calls and I bought some 150 may 17th calls yesterday...
Still heavy open support in the next 2 weeks and good showing for may 3rd 140 calls...
I think it will settle the week close to around 140 and trickle up before earnings... 139 or there abouts
I don't think we'll see 150 but maybe low 140s... There is good support here
Also people may expect Disney to miss.
I posted an analysis yesterday.
Still strong support for 140 calls across the board. May 17th is holding steady volume for openings largely ahead of the 10ths and 3rds.
I would expect it to close sub 140 or just there for Friday. Will go above coming close to earnings.
Yes there was some consildation, but after going through the charts of all my holdings about 90% followed the morning sell off. It wasn't overly unique to Disney.
Overall I think there isn't a lot to be worried about, especially as a long (even getting in here I see a 20% upside by Disney+ launch) . I also think the 140 calls are a safe play in the time being. There was a lot of volume for the 140 May 3rd calls. Usually short term derivatives are a good indicator of how the market is going, at least when it comes to said equity you're monitoring.
I think this morning was in good part related to the fact we are near record numbers. We had a major dump Q4 2018. Alot of upside from swings at this point and people WILL take out. This just follows Market tendencies and sentiment. See profits, take some out usually see some selling pressure in these scenarios albeit short lived.
Two of Three things need to happen for us to hit 150 before the 17th.
#1: Disney announces Hulu purchase.
#2: strong earnings report that beats forecast.
#3: avengers surpasses avatar.
If we see any two of those, I'll see you on vacation haha.
This week can go one of two ways, I don't THINK it will be a neutral week.
We've established a good support point of 138-139 and resistance from 141-142.
I am not TOTALLY surprised of today's events. I had figured from Friday trading we were either going to see a gap and break out or a gap then hard selling pressure. We saw the later.
I would like to think this was because of the anticipation of the avengers release and those taking their one week gains of about 8-9% on average.
Tomorrow moving forward we could see more selling pressure, or a solid gain of about 1.5-2 and take us to the support where we will test from Wednesday to Friday. Right now my gut says well see 136 then a shoot back to our support and a close in 137. Then we'll see the rest of the week hover sub 140 and a rise going into earnings of 145 and a settle till reports come out.
Of course this is all speculation, but get the iron stomach out for the calls it might be Rocky. Still optimistic and not viewing level 2s haha
This Is Usually The Case When Equities Break 52 WEEK Highs
Yup SO DID I. lots of good support at the 139s. just a little push to get into the 140s and stay. any positive news will break the resistance.
I bought 150s this morning may 17th at a discount.
Have we heard any concrete predictions on earnings. I planned the 140 calls on both earnings and avengers release. Will you be holding past the 7th?
I've got the may 17th 140s. Along for the ride excited for after this weekend. Already see 400±% gains
I bought 140 may 17th calls at 73 cents...
Laughing now ??
I liquidated my position this morning at 1.13... To much struggle to get it moving... Was out a few hours before the dump... Level 2 did not look too promising either
You know that most companies in the world have a marketing budget... Hence why investor relations firms exist which specialize in this area.... Paying for promotion doesn't always mean it's a scam... Just saying
Good plan... I bought at average 1.08... Predicting a small gap tomorrow
Started at $1 never gonna see triple digit gains in first day when starting pps is higher then 20cents