cheap stocks
#531
Registered

Joined: Jun 2010
Posts: 4,817
Likes: 898
im guessing most meme stocks are dead
#533
Registered

Joined: Jun 2010
Posts: 4,817
Likes: 898
my guess is that local pizzerias and most brewery’s have in-house pizza would have eroded pizza chains bottom line.
guess I would be wrong
#534
Gold Member

Joined: Jul 2008
Posts: 3,748
Likes: 869
From: Delray Beach, FL
#535
I still dont get Crypto. Been in and out a dozen times. What is the sense of a currency "free of any central control or the oversight of banks or governments" if it basically mimics the stock market. I still believe that too few people control it and were early. I have no problem with that, but when whales swoop in a sell and the value massively drops - yeah, I got a problem with that.
#536
Registered

Joined: Jun 2010
Posts: 4,817
Likes: 898
I still dont get Crypto. Been in and out a dozen times. What is the sense of a currency "free of any central control or the oversight of banks or governments" if it basically mimics the stock market. I still believe that too few people control it and were early. I have no problem with that, but when whales swoop in a sell and the value massively drops - yeah, I got a problem with that.
#537
Registered

Joined: Sep 2009
Posts: 285
Likes: 51
From: Livermore, Ca
Santa arrived- he may be a bit stingy this year, with exception of the tech big dogs (FANGMAN)...
https://www.zerohedge.com/markets/us...-markets-cheer

NVDA rallied off the 50ma/lvn/gap zone at 272. Target is the VPOC (vol point of control- IRT vol profile) most widely accepted price at 300 (green line). Red lines 1st std distribution above/below VPOC.
Stop in gap zone at 265...R factor (reward/risk) 30/10=3, not great.
Surpassed the 300 today, if we get past the 313 LVN area next target is the HVN at 321.Moved stop to 298/302 on a portion.
Happy New Year & happy trading
...

https://www.zerohedge.com/markets/us...-markets-cheer

NVDA rallied off the 50ma/lvn/gap zone at 272. Target is the VPOC (vol point of control- IRT vol profile) most widely accepted price at 300 (green line). Red lines 1st std distribution above/below VPOC.
Stop in gap zone at 265...R factor (reward/risk) 30/10=3, not great.
Surpassed the 300 today, if we get past the 313 LVN area next target is the HVN at 321.Moved stop to 298/302 on a portion.
Happy New Year & happy trading
...
#538
Registered

Joined: Sep 2006
Posts: 1,705
Likes: 874
From: Cedar Rapids Iowa, LOTO, Cape Coral Fl.
Holy Jeezus 28V, speak english here! Glad to see that you are doing well. I might sell of some losers this week and take the loss on taxes. I really believed that Draft Kings would be a great stock to own, but they have really stunk it up that last several months.
#539
Registered

Joined: Jun 2010
Posts: 4,817
Likes: 898
no kidding. they are spending way too much on marketing and user acquisition. There is no reason why they shouldn’t be making money by now.
#540
Registered

Joined: Sep 2009
Posts: 285
Likes: 51
From: Livermore, Ca
No fun to read about a winner after it has moved.
Here's a vol profile chart of DKNG...very little volume below the 24 area. The taper in this 26-7 area is normally associated with bottoming (vol profile analysis).
A break of 24-26 ish will likely yield a move to 20 (next area of volume)...a bit hard to see on the photo of my trading PC...(data from 1-21 to mid day today)
Best wishes to you for a move higher tomorrow..hopefully the New Year brings some 401K in flows on Monday..
Lane
Last edited by 28 V; 12-29-2021 at 09:06 PM. Reason: data



