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Author Topic: Stocks & Trades  (Read 7915 times)

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Offline Olive Juice

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Re: Stocks & Trades
« Reply #80 on: December 22, 2020, 07:20:46 PM »
I'm a trader and an investor.  However, I will flip my position to lock in profits even with stocks I'm intended to hold long.  Obviously, I can collect more shares with flipping.  Do that a few times and I withdraw my initial investment and leaving only "house money" or free shares I've gained.

There's no set number of wiggles between the flag before the stock takes off that I'm aware of.  Some stocks spike after it's been trading around 75% through the flag, some run when it's near the apex of the flag.  I've never seen a stock runs wild midway through the flag.  Usually there is some sort of catalyst that helps propel the stock price higher, so timeframe wise depends on the company's fundamentals, and it's not rare for the flag to be re-drawn and extended before liftoff occurs.

With the bullish pennant, the height of the flag pole gives a rough estimate to how far it reaches, minimum.  But of course there are other indicators that traders should be aware of.  Fibonacci retracements is a great tool to gauge price target and exit point as well as re-enter point.  I'll talk more about fibonacci retracements next time.

Here's a bullish pennant.  You can see the height of the flag pole being applied so traders can expect where to exit.


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Re: Stocks & Trades
« Reply #81 on: December 23, 2020, 02:39:10 AM »
Quantumscape is killing it.  But Chinese arbitrageurs will destroy all you small timers next year.

Offline Olive Juice

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Re: Stocks & Trades
« Reply #82 on: January 10, 2021, 02:00:39 PM »
Another example of a bull flag pattern.  This is my favorite pattern and I've made a killing with this pattern over the past year.  It isn't rare for the stock to cool down after a huge spike.  This is known as a healthy pullback.  I sold after seeing indicators that it would drop and anticipating a bounce back up again.



Offline Olive Juice

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Re: Stocks & Trades
« Reply #83 on: January 10, 2021, 02:07:26 PM »
And sure enough, it drops and that's where I bought back in.  Then it forms an inverse head & shoulders pattern, the first pattern that Gaden taught me.  Ideally, I like to buy at the bottom, but that doesn't garauntee it won't go lower unless you know, from indicators, that it would bounce back.  For novice traders, it's safer to buy when the price moves above the neck line, right Gaden?


Offline gaden

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Re: Stocks & Trades
« Reply #84 on: January 12, 2021, 04:30:11 PM »
I believe the head and shoulders pattern is an upward trend, so recognizing it and buying at any point above the neckline is OK.  I'm not sure what the mechanics for it is.  Maybe a stock is oversold even on good fundamentals. 

Like when in a housing stock is treated like a tech stock, any bad news will trigger high sellouts.  But savvy investors will know that housing stocks are slow movers because there is always demand for housing, it can never crash.

Offline Olive Juice

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Re: Stocks & Trades
« Reply #85 on: February 21, 2021, 04:41:13 PM »
Anyone paid attention to the stock market the past several months surely was awared of the huge loss from short seller hedge funds caused by retail investors from reddit and discord servers.  In reality, it was hedge fund vs hedge fund although retail investors had a part in it, riding the waves and capitalized on gains.  Thanks to GME, AMC, SNDL and other stocks, my past 3 months performance reached extreme heights, and we're not done yet.  As a group of thousands, we act similarly to hedge funds when we pool our money with other groups when we make entries in stocks.  Fundamentals were thrown out the window and hedge funds had to adapt and change tactics.



This coming week, we'll attack this under the radar stock with many of our members already taken positions, including myself.  We prefer to trade stocks based on certain technical signals. The middle blue Bollinger Band is our indicator.




Offline gaden

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Re: Stocks & Trades
« Reply #86 on: February 21, 2021, 07:09:27 PM »
The stock market seems to be controlled by the few that's not based on fundamentals.  Value based on consumer confidence and perception is just asking for a fall.  There has to be a way to control the exuberance.


Offline Olive Juice

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Re: Stocks & Trades
« Reply #87 on: February 24, 2021, 08:24:08 PM »
There's also a need to regulate the illegal practice of naked short selling.  Until that happens, there's always resentments towards hedge funds.  Fundamentals are still a big part of stocks, but the pandemic turned many would-be investors into traders, and fundamentals take a back seat to technical analysis.  With that said, today's huge runs from AMC and GME were due to fundamentals.  I've banked 19k from AMC the past 2 days, and 24.6k for the day.



We have an army of over 50k members in the discord servers, so we need a way to identify each other should we meet in real life.


Offline ASEAN Nationalist Party ( honorary Viet)

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Re: Stocks & Trades
« Reply #88 on: February 24, 2021, 08:48:27 PM »
GOOD WORK OJ! I finally found someone here that has the same interest as me.

Going back to trading this march. I missed all the GameStop rally.

Offline Olive Juice

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Re: Stocks & Trades
« Reply #89 on: February 24, 2021, 09:12:33 PM »
Plenty of opportunities, my friend.  Check this vid out if you're returning to trading.  Major catalyst coming for this stock in April.  I'm currently accumulating as much shares as I can. I'm currently up 29% on this ticker.


Offline ASEAN Nationalist Party ( honorary Viet)

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Re: Stocks & Trades
« Reply #90 on: February 27, 2021, 10:26:17 AM »
Plenty of opportunities, my friend.  Check this vid out if you're returning to trading.  Major catalyst coming for this stock in April.  I'm currently accumulating as much shares as I can. I'm currently up 29% on this ticker.



Covid 19 hit me hard because my tenants have not been paying rent. so I had to sell stocks to cover my expenses.

Thanks for everything.

BTW have you tried forex & futures?


Offline Olive Juice

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Re: Stocks & Trades
« Reply #91 on: February 27, 2021, 06:20:30 PM »
Get ready for some more fun and funds.  All it takes is to be in a running stock and a person can make a year worth of salary in a week.

https://www.marketwatch.com/amp/story/a-new-wave-of-fearless-retail-investors-could-be-ready-to-pour-170-billion-into-stocks-says-deutsche-bank-11614253899

Offline Olive Juice

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Re: Stocks & Trades
« Reply #92 on: March 02, 2021, 07:19:03 PM »
The market rotates from sector to sector, and March is Bio month.  I was prepared and came out with decent profits on the first day of the month.  In stocks, there's a saying: Bulls make money, Bears make money, Sheeps may make money, Pigs get slaughtered.  I'm not greedy so I took what the market gives and exited my positions before I get slaughtered.



Offline Guess

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Re: Stocks & Trades
« Reply #93 on: March 04, 2021, 07:27:01 PM »
The market rotates from sector to sector, and March is Bio month.  I was prepared and came out with decent profits on the first day of the month.  In stocks, there's a saying: Bulls make money, Bears make money, Sheeps may make money, Pigs get slaughtered.  I'm not greedy so I took what the market gives and exited my positions before I get slaughtered.




Yeah don’t be a pig. I sold my western union stocks. Still have Deutschmtelecom. I think it has room to grow. Dtegy.

I just bought gold and paas. I made a small profit from paas in the past. Now it’s high maybe not much more to gain? Everything costs so much now. Lots of prediction for inflation. What do you think?

Offline Guess

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Re: Stocks & Trades
« Reply #94 on: June 02, 2021, 06:50:12 AM »
OJ,I bought spce at $25 a share. Was it good timing?


Offline Olive Juice

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Re: Stocks & Trades
« Reply #95 on: June 20, 2021, 02:16:53 PM »
OJ,I bought spce at $25 a share. Was it good timing?



You bought it when it was on its way up from the bottom, so that was a good play.  Now it looks like it's consolidating around the current share price range.

Offline Guess

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Re: Stocks & Trades
« Reply #96 on: June 21, 2021, 09:28:16 AM »
You bought it when it was on its way up from the bottom, so that was a good play.  Now it looks like it's consolidating around the current share price range.
You bought it when it was on its way up from the bottom, so that was a good play.  Now it looks like it's consolidating around the current share price range.

Lol, it was almost 100% increase from its low when it bought it. I think it’s a good stock and I’m glad I didn’t buy it when it was $50 in feb2021. Maybe I’ll hang on for a while.

Offline Olive Juice

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Re: Stocks & Trades
« Reply #97 on: September 16, 2021, 03:04:45 PM »
The past month I've been concentrating on shorting HEXO.  But when I go short, I usually hedge by going long with other stocks to protect my investments/trading.  The chart for HEXO now shows it's way oversold as the RSI indicator is buried under 30.  I had covered my short position and now will go long with HEXO.  No need to be married to a particular stock and only bet on it to go up.


Offline Olive Juice

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Re: Stocks & Trades
« Reply #98 on: September 16, 2021, 03:37:28 PM »
A couple weeks ago,. INDP received a Notice of Allowance (NOA) for their patent filing.  Yesterday, it shot up over 200%.  I just found out 2 other stocks on my watchlist just receiving NOA for their filings.  I'm going to enter positions with those stocks and see how it goes.  This is the first time I'm aware of NOAs.  Live, learn and trade, accordingly.


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