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Re: oldmystic post# 11421

Thursday, 08/01/2024 11:49:16 PM

Thursday, August 01, 2024 11:49:16 PM

Post# of 11691
Thanks for the updates.
Got my I on JOBY 5.26 (daily 200period) to see what happens there. What I like is that over the time it takes to create revenue the ups and downs will be tradable for profit. Just me, but I like getting to know stocks with in new and potentially disruptive areas and just trading them. If they don't pan out, I will still have made decent profit. I can always move to a competitor if I think it is better. Combo of scalping and short swing trading is my style as it controls risk. So much volatility like the markets today, I don't want to get caught. I raise mental stops on the up moves and takes whats there. Try not not get greedy or marry them.
Your 5.18 JOBY is a good number to watch as well. Right in the longest and strongest support/resistance zone beside the fib #. Agree the magnetism of the gap is getting stronger.
Besides JOBY, I do this with AVXL and and testing to see if NNE will fit the bill or not.

SMR I am watching 6.90 to 8.15 (100 period) if it doesn't stop here. Need to do more DD, but life got in my way a bit.

My bread and butter is scalping ETF's intraday. Never hold them overnight or weekends.

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