collapse

Author Topic: Stocks & Trades  (Read 4151 times)

0 Members and 1 Guest are viewing this topic.

Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
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

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #61 on: September 19, 2020, 05:30:46 PM »
Very proud of this Silicon Valley startup.



Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
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

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
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

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
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

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #65 on: October 20, 2020, 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. 


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #66 on: October 25, 2020, 11:21:43 AM »


And that doesn't include our other products like VASCAZEN, the best antibody and antigens covid-19 test kits, and Healight.  When Healight is approved, look for Big Pharma to offer a buyout, but I believe the CEO wants to cement his legacy and builds his own new and improved big pharma.  Share price has the potential to be in the $100-$200 range, if not more.  We just have to wait until institutional investors to finish loading up before it runs. 




Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #67 on: October 29, 2020, 09:50:31 PM »
The last bullish(green) candle is known as a hammer candle.  The wick must be at least twice as long as the body.  In a downtrend, a hammer candle signifies possible reversal to uptrend IF the next candle, depicted by the grayish box that I drew, is also green(bullish) that closes higher than today's high.


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #68 on: November 06, 2020, 07:04:48 PM »
In every state where marijuana legalization or another drug policy reform was on the ballot, it won.  And just like that, MJ stock went up big today, reaching high by 88% before 8AM.  As a trader, I sell as soon as I see signs that it will come down.  Looking at the chart, you'll see that the stock gaps up in the morning from yesterday closing price.  Eventually, the stock will come down to fill that gap.  I'll wait until it does to buy back in.  Until then, I'll take the profit and reinvest in other stocks.


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #69 on: November 11, 2020, 09:27:44 PM »
This weekly chart shows a rare Adam & Eve pattern - a variation of a double bottom pattern - in the making.  The first bottom is pointy and has a V shape.  The second bottom(almost complete) is rounded and shapes like a U.  The dotted purple line is where the stock needs to break for a breakout confirmation. When the pattern completes, it should look like this: VU which is a big W with one rounded bottom.



For reference:




Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #70 on: November 12, 2020, 07:45:21 PM »
A trade a day keeps the day job away  :)


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #71 on: November 16, 2020, 08:16:27 PM »
When looking over charts, I often check indicators from different timeframes to get a better picture of the movement.  Today I'm checking out the Accumulation Swing Index(ASI) indicator.  Normally, the ASI and the price action move in tandem with each other.  If the price rises, so will the ASI, and so on.

But what the heo does it mean when they're not moving in tandem?  This chart clearly shows the price action is in a downtrend, yet ASI kept rising.  Is this some kind of fraud?  Actually, this phenomenon is known as positive divergence.  When price continue to make lower throughs, and ASI fails to make lower throughs, the downtrend is likely to stall or fail.  Meaning buy all you can at this current price, because correction will occur, and the share price will blast off into the stratosphere, OK?


Offline gaden

  • Administrator
  • Hero Member
  • *****
  • Posts: 13335
  • Karma: +90/-10
  • Gender: Male
  • The Grand Lord of Mopeds
Re: Stocks & Trades
« Reply #72 on: November 17, 2020, 04:55:45 PM »
Isn't there a 3 days wait period for re-entering a stock, to prevent day traders?Not unless you have a day trading license?

What's the best cannabis outlook right now?  I used to follow MCIG stock back in the days but now it's just hovering.

Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #73 on: November 18, 2020, 07:22:29 PM »
You can trade as often as you'd like if you keep $25k in your account, otherwise you're limited to no more than 3 trades in a given week. I have multiple accounts for different purposes, but the best app for trading, in my opinion, is RobinHood.  I could make a trade in second, and you know how important that is when a stock price is wildly volatile. 

I've been swing trading HEXO for several months.  I know not many have positive sentiment for cannabis stocks from Canada, but the trading range was too predictable for me to pass on.  I do think HEXO will do well based on contracts they've gotten, and on different marijuana products they sell.

ACB, APHA, OGI, CURLF, GTBIF, GWBP are some other cannabis stocks, but I haven't follow or do any due diligence on them yet.

Isn't there a 3 days wait period for re-entering a stock, to prevent day traders?Not unless you have a day trading license?

What's the best cannabis outlook right now?  I used to follow MCIG stock back in the days but now it's just hovering.

Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #74 on: November 30, 2020, 06:59:57 PM »
Pot stock still going strong, and my HEXO went up more than 46% today.  My target is $3 and that would yield more than 500% gain. 



Anyone from Asia or Europe interested in stock trading, please make sure you watch this vid first;  it's a total different animal.  It's imperative you know what you're doing, or the market will chew you up and spit you out.


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #75 on: December 07, 2020, 08:31:56 PM »
Today was one of my best trading days ever.  Got an alert from my fellow trader over the weekend, checked the chart and decided to put 8K into it and came away a very happy man.

Sometimes it's good to trade in a group.  Other times, it's best to shut off the noices and trade alone relying on knowledge and instincts.


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #76 on: December 08, 2020, 11:10:43 PM »
I had previously stated I'm going to invest in the EV sector, but not necessarily with Tesla.  I invested in a company making EV batteries instead, and this is the return during after-hours trading(+20%).  The entire trading day today gain was 52%.





Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #77 on: December 09, 2020, 08:03:41 PM »
I woke up to a bang, and what a beautiful shot that was.


Offline Olive Juice

  • Moderator
  • Hero Member
  • *****
  • Posts: 2077
  • Karma: +28/-2
  • Gender: Male
  • Mini Drug Lord
Re: Stocks & Trades
« Reply #78 on: December 21, 2020, 08:24:30 PM »
Here's a cheat sheet for the aspiring traders.  Learn them well because your financial success depends on recognizing and understanding them.  Next time, I want to talk a little bit about  Fibonacci retracements because it's pretty much what professional traders, hedge funds and institutional investors are using.  In trading and investing, it's important to learn how to play the game with the big boys, never against them.


Offline gaden

  • Administrator
  • Hero Member
  • *****
  • Posts: 13335
  • Karma: +90/-10
  • Gender: Male
  • The Grand Lord of Mopeds
Re: Stocks & Trades
« Reply #79 on: December 22, 2020, 03:56:02 PM »
That VC guy was right, you're a trader.

Let's say for the bullish pennant, how many wiggles between the flag before taking off.  Is there a time frame?  And when do you jump off once it takes off.

 
Name: Email:
Verification:
How big is your head? (very big, tiny, idn, this big):

* Recent Posts

Holiday shoppers urged to be aware of unsafe food sold online by convoy
[Today at 04:48:04 AM]


abortion is traumatizing for most women with a conscience by gnak
[Today at 12:17:10 AM]


famous viet and their birthplace by Hehe
[Yesterday at 10:54:36 PM]


Nguy lost his job, federally charged, for capital hill protest by Ratitoulle
[Yesterday at 09:03:38 PM]


Mother Mushroom is only allowed to criticize Vietnam say Nguy by Ratitoulle
[Yesterday at 08:56:51 PM]


France's Greek Legionnaire soldiers defected to Viet Minh by Ratitoulle
[Yesterday at 08:22:28 PM]


This guy beat all other popular vietnamese tiktoker by UNIFY(하나로 하다)
[Yesterday at 05:49:10 AM]


Việt Nam’s ambitious plan to reduce the number of road traffic-relating death to zero by 2045. by convoy
[Yesterday at 04:04:01 AM]


Songs that you listen over and over by gnak
[January 16, 2021, 08:35:45 PM]


Linh Barbie vs Ngoc Trinh by
[January 16, 2021, 05:42:29 PM]


House of Barbara Bui Paris by
[January 16, 2021, 05:37:23 PM]


Tight ao dai by gaden
[January 16, 2021, 04:50:35 PM]


Chinese now Claimed Ao Dai as theirs by gaden
[January 16, 2021, 04:45:58 PM]


Why do they need to honk? by gaden
[January 16, 2021, 04:33:47 PM]


It won't be long before China claims... by UNIFY(하나로 하다)
[January 16, 2021, 09:41:53 AM]


Striving towards a Government serving the people: Minister by convoy
[January 16, 2021, 04:26:07 AM]


President Trump has Ordered for the Declassification of Intelligence Documents f by 1r0n_m4n_xl
[January 15, 2021, 02:52:38 PM]


Thai royalists want to break Vietcong necks by Thai
[January 15, 2021, 02:48:51 PM]


Georgia’s First Vietnamese American State Rep Wears Áo Dài to Swear-In by 1r0n_m4n_xl
[January 15, 2021, 02:44:39 PM]


is mongolia more developed than vietnam? by gnak
[January 15, 2021, 06:19:03 AM]

* VHNC / VC crap

Vietnam needs to change their political system by Ratitoulle
[Yesterday at 07:33:38 AM]


FBI are looking for Nguy on Capital Hill riots by Guess
[January 12, 2021, 06:39:29 PM]


Will the VNCH movement die out? by Guess
[January 12, 2021, 06:30:47 PM]


Who made China Great Again? by gnak
[January 12, 2021, 05:27:50 AM]

* Provocative Journalism / Destructive Power

* News Feeds

* snow 2