Boiler Room: The Official Stock Market Discussion

[dora_da_destroyer]

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]

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?

 

[Pressure]

Added ABML this morning at 1.95

 

[Rickdogg44]

NVDA wants to do a 4 to 1 stock split

Damn. I missed the pop

 

[Saysumthinfunnymike]

Nothing like a good Danny Ainge into the weekend. Lol

 

[Reign X]

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.

 

[mr. smoke weed]

IPOE 6/18 12.50p $.43 so .40
6/18 $15p 1.15

My buys for Monday

 

[mr. smoke weed]

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

 

[K-Deini]

Mict running. Ceo bought 8 million shares and earnings are on monday

 

[Chrishaune]

Mict running. Ceo bought 8 million shares and earnings are on monday

You buy in?

 

[Deafheaven]

SOS is murdering me

 

[Eternal Tecate]

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

 

[Eternal Tecate]

The Fibonacci Sequence Affects the Stock Market | Science | Smithsonian Magazine

 

[Eternal Tecate]

I think it's hard for people to understand that stock prices and flower trees follow the same growth patterns but.... idk accept it. shyt's weird out here

 

[mr. smoke weed]

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!!!!!!!!!!!!!!!!!!!!!!!