Originally Posted by MTG#10:
It's not going to be green every day, it was due for a retracement. It will break through 50 before long.
I'm never going to tell someone to stop making money, but what you're doing hurts the stock asshole.
How so, I'm swinging 100 shares , When I buy back I buy 110 or 120 and keep the extra in my pot. I've gone from 300 to 770 shares in my portfolio [Reply]
Originally Posted by Hog's Gone Fishin:
How so, I'm swinging 100 shares , When I buy back I buy 110 or 120 and keep the extra in my pot. I've gone from 300 to 770 shares in my portfolio
Maybe it doesn't, but I've read many times that swing traders hurt the stock price. My brain doesn't have enough wrinkles in it to know for sure. [Reply]
Originally Posted by KCUnited:
I've mentioned TTCF before saying anything under 20 was a buy for me. They got hammered recently on earnings, dropped like 12% overnight. Felt like an overreaction so I scoop more up around 16. Back above 20 today.
Originally Posted by scho63:
I think Tilray TLRY is going to break out. Its all bearish on the chart but I just sense something.
I think its going to pop to $18 in the next few months
I think the graph is what Lewdog looks for in a stock to buy, we need him to weigh in on what he thinks. On the surface it looks like a go IMO. [Reply]
MongoDB with 25% gain today. IPO in 2017 at $26, now at $502!
Confluent and Snowflake up today on positive earnings reports as well. Tech stocks continue to crush it [Reply]
Originally Posted by neech:
I think the graph is what Lewdog looks for in a stock to buy, we need him to weigh in on what he thinks. On the surface it looks like a go IMO.
Not bad, you're learning!
It's low risk, if you make if that. Big red flags though which is ONLY why I'd take it with super low risk.
Red flags:
1. Current price is below it's 200, 150 and 50 day MA. Woof.
2. Many red days in June-August were on higher volume.
3. The stock has not shown any bit of a true reversal pattern yet.
One positive is short term trend line shows higher lows are happening, so it's possible this had bottomed.
Past 3 days of closing have had all very similar lows. 13.51, 13.45, 13.44. I bought late in the day and chose to make my stop like I normally do which is take the low of 13.45 x .999 so I set my stop loss right below a prior low. My stop registered at 13.43 today and I bought at 13.57, which is 1% risk.