Boiler Room: The Official Stock Market Discussion

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
65,006
Reputation
15,912
Daps
266,066
Reppin
Oakland
Planet 13 Holdings will host a conference call on May 27th, 2021 at 5:00 p.m. ET to discuss its first quarter ended financial results

looks like the pump up is already starting. Expecting nice results but probably a sell off anyway next Friday.
been taking the week off from my portfolio, but now i gotta watch PLNHF to see if i can sell my shares in a run up.
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
this is a new stock so there's not much history which is always much riskier. I suggest you use fib levels once it reaches All Time Highs and manage risk that way. That's what I do. Once it reaches a new level, I set stops to that new level, etc. Thats how I manage risk.
Can you drop some knowledge on fibonocci or whatever it's called?
 

Reign X

Pro
Joined
May 2, 2012
Messages
1,801
Reputation
75
Daps
2,492
been taking the week off from my portfolio, but now i gotta watch PLNHF to see if i can sell my shares in a run up.

spiked even more before close. seen this happen a few times with this stock. Someone or fund is making big buys a few minutes before close I guess.



But personally, I’m holding my shares for years. Even if there’s a decent chance at a selloff after good earnings.
 
Last edited:

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
IPOE 6/18 12.50p $.43 so .40
6/18 $15p 1.15

My buys for Monday
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
spiked even more before close. seen this happen a few times with this stock. Someone or fund is making big buys a few minutes before close I guess.



But personally, I’m holding my shares for years. Even if there’s a decent chance at a selloff after good earnings.
Big buyers make their moves in the opening and closing 15
 

Eternal Tecate

Superstar
Joined
May 2, 2012
Messages
7,465
Reputation
3,372
Daps
20,233
Can you drop some knowledge on fibonocci or whatever it's called?

shyt's deep but the crux of it is, everything in the universe grows and contracts following the same proportions and ratios, including human thoughts, which you can describe prices as. Every price is a point in time where one human agrees to sell and another agrees to buy, at a price. So when looking at price/ time charts you can use universal math (encoded in the pyramid).

The fibonacci spiral and the extensions you see people talk about in technical analysis are variants of the Phi ratio 1.68. Go on trading view and pull something up and find the fibonnaci extension tool and start at a low point somewhere and fit that shyt up to a peak and peep the levels. That's a crude example and I'm not an expert but do that to dip your toe in the water.

The BTC dip down to 29.9 k the other day spiked down to a fibonnaci level exactly. This is because it's a psychological point where price has created a base/ support that it difficult to break through. You can use it on any time frame you like since it involves proportions that can be used at any scale......

Crude overview but shyt is really interesting get into it
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
shyt's deep but the crux of it is, everything in the universe grows and contracts following the same proportions and ratios, including human thoughts, which you can describe prices as. Every price is a point in time where one human agrees to sell and another agrees to buy, at a price. So when looking at price/ time charts you can use universal math (encoded in the pyramid).

The fibonacci spiral and the extensions you see people talk about in technical analysis are variants of the Phi ratio 1.68. Go on trading view and pull something up and find the fibonnaci extension tool and start at a low point somewhere and fit that shyt up to a peak and peep the levels. That's a crude example and I'm not an expert but do that to dip your toe in the water.

The BTC dip down to 29.9 k the other day spiked down to a fibonnaci level exactly. This is because it's a psychological point where price has created a base/ support that it difficult to break through. You can use it on any time frame you like since it involves proportions that can be used at any scale......

Crude overview but shyt is really interesting get into it
SALUTE!!!!!!!!!!!!!!!!!!!!!!!
 
Top