And NFLX starting to lag badly now....possible early warning signs....
Stonks only go up
Started by
Chilidawgz
, Jul 20 2020 02:20 PM
31 replies to this topic
#21
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 08:46 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#22
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 08:49 AM
Also keep your eye on the massive wedgie on TSLA at 1500....bubble run can continue above that, but if that gets taken out now, the retracement could end up being quite painful...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#23
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 09:01 AM
NYA up 150 and NDX red....
The shift may be upon us.....that Tech to everything ratio may be about to start coming down for a bit....
Edited by K Wave, 21 July 2020 - 09:02 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#24
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 09:28 AM
Tech stocks now morphing from ugly 15 min to ugly hourly sticks
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#25
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 09:30 AM
Now we see if any follow through develops....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#26
CLK
-
- Traders-Talk User
- 10,787 posts
Member
Posted 21 July 2020 - 09:41 AM
Bears will lose today, trending move already started.
Edited by CLK, 21 July 2020 - 09:42 AM.
#27
K Wave
-
- Traders-Talk User
- 26,670 posts
Member
Posted 21 July 2020 - 09:43 AM
VXN just took out yesterday's highs......
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#28
salam
-
- Traders-Talk User
- 1,579 posts
Member
Posted 21 July 2020 - 10:40 AM
Only so much $ around.
Tesla reports tomorrow.
I’m repositioning my Vix etF long. (Pro shares Ultra Vix Dec contract )
Have reduced to 1/3 long from 50%. Nice bounce off support since the open
Been scalping long the ES in the interim
Edited by salam, 21 July 2020 - 10:43 AM.
I'm not sure what my future holds... But I know who holds it.
#29
salam
-
- Traders-Talk User
- 1,579 posts
Member
Posted 21 July 2020 - 10:46 AM
Tech may shine if Tesla impresses with a profit. The bubble in this stock is amazing. Competition from the Far East will soon take the shine off the crazy multiples in this auto maker
I'm not sure what my future holds... But I know who holds it.
#30
orange
-
- Traders-Talk User
- 1,257 posts
Member
Posted 21 July 2020 - 01:30 PM
If Tesla has a profitable quarter, I'd expect $2,000. If it doesn't, it's straight to $1,000.
"When your position is underwater, average down" - Professional Trader
