144 replies to this topic

[K Wave]

TSLA was unable to get one more gap up off the last couple days base....

 

Thought  we might see 2K+ today, but perhaps not....could be finally be running outta gas.

You never know when the bubble runs are going to pop, but should be brutal downside once it does.

 

As long as 1880 area holds today, could still go higher, but if that starts to give way, TSLA may be fully cooked...

Edited by K Wave, 20 August 2020 - 08:43 AM.

[K Wave]

now we see if 2188 holds as resistance on the SOX bounce.

[dTraderB]

Closed 1 nq hedge +35.5
Will reopen lower
Thankful I had 2 long NQ hedges overnight

another long NQ hedge 10316 filled
let us see these two NQ hedge longs lose at least 1000 NQ points each! 
 
39 QQQ PUTS
6 APPL PUTS 
13 SPY PUTS
2 NQ hedge long
2 CRUDE SHORT
 
big size NQ daytrading

[12SPX]

Started my short build at 3365, think this could be a fun day!! 

[12SPX]

Average now 3368....build build build lol!! 

[K Wave]

2nd day this week with huge decliners on Naz while it is printing green.

[dTraderB]

Gradually building... now 8 APPL PUTS

[dTraderB]

Have to add back that NQ hedge to maintain at least 2 NQ LONG hedge

 

will add an extra lot to my NQ long daytades but I prefer to do the hedge and forget about it while focusing on other trades

 

Good rally... got to make new swing daily high to keep IT LONG trend intact

or higher HOURLY highs to keep ST long trend up  -- 

 

looks like a sucker rally but dip buyers have been right so far and until they are wrong and feel the pain then the market rally will continue. 

[K Wave]

 

looks like a sucker rally but dip buyers have been right so far and until they are wrong and feel the pain then the market rally will continue. 

SOX headed quickly back towards the lows after hitting its head.

 

May not be too long until NDX starts to follow.

Pretty much all about AAPL now....until it breaks, NDX could keep drifting a bit higher...

 

Not out of the realm of possibility that AAPL see one last panic wave of buying that takes it towards 500.

But once the stair steps on the way up start getting taken out, the drop on AAPL should be relentless and brutal.

Edited by K Wave, 20 August 2020 - 09:47 AM.

[K Wave]

Final blowoff on Naz October 1999 to March 2000...5 months

 

AAPL March 2020 to Aug 2020 5 months....

 

Percentage gains on trillions in market cap very similar...