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Author Topic: Stocks & Trades  (Read 2449 times)

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Offline Olive Juice

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Re: Stocks & Trades
« Reply #60 on: September 19, 2020, 05:22:33 PM »
US-China trade deal is about to fall apart or gain next week.



I'm not worry about the US-China trade deal.  I'm taking advantage of the current situations in the States.

Offline Olive Juice

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Re: Stocks & Trades
« Reply #61 on: September 19, 2020, 05:30:46 PM »
Very proud of this Silicon Valley startup.



Offline Olive Juice

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Re: Stocks & Trades
« Reply #62 on: September 20, 2020, 02:12:08 PM »
Cup & Handle pattern could be in the making, although the handle isn't necessary for it to shoot straight up as the handle isn't written in stone.  However, if a handle is formed, it better not dip down to the 1.14 zone as that would render the pattern broken.

I don't see that scenario to occur as ER is only a few days away.  They will be a slew of traders buying in to make a play. It has already pierced through and broke out of the falling wedge like a hot knife on butter.  If volume is there, it's on its way to the next resistant lines at 2.01 and 2.50  :)




Quite a good chance there's a good spike in volume indicated by the 3.7 million shares bought at the close on Friday.


Offline Olive Juice

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Re: Stocks & Trades
« Reply #63 on: September 27, 2020, 06:36:34 PM »
Here's a startup medical cannabis company.  The chart clearly shows a well defined trading rage.  I read it as a period of accumulation, the time when institutional investors are buying in.  It may takes months for this period to end, and I don't expect to see a huge spike in price action just yet.  Ahhh but that's the beauty of it, as I like to play along with the tutes.  They buy so I'll buy, and I'll take my time accumulate as much cheap shares as I can until the tutes take the break off and release the kraken.


Offline Olive Juice

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Re: Stocks & Trades
« Reply #64 on: October 16, 2020, 04:44:10 PM »
Bull flag formed right after the previous one.  What a beast.


Offline Olive Juice

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Re: Stocks & Trades
« Reply #65 on: Yesterday at 08:55:24 PM »
Pretty much sums up this year market.  In a recession, it seems small or medium cap companies have the most potential and, to make it more interesting, many breakouts occur from the same chart setup.  So, what does the equilateral triangle mean?  It means everyone can dream big, OKAY??

What gets me excited is the fact this chart, after August, looks exactly the same as the chart from another company.  This tells me it's run by the same algorithm, and possibly by the same market maker.  Looking at you Steven Boyd 👀

Up 240% after hours. 


 
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