Boiler Room: The Official Stock Market Discussion

[A B O V E]

I ejected yesterday fam on JMIA. 13 bands lost, the dream is over.

 

[Rekkapryde]

The share price falling doesn't mean it's a sinking ship. Short term share price moves don't reflect the underlying value of the company. The market as a whole aren't a group with high conviction. They're skittish and at the first sign of any perceived turbulence they're running for the hills.

If that's a good company why wouldn't you like it better at $13?

Because my avg price was 58 and when I sold it was 14

 

[FreshFromATL]

So where does NVDA go from here (rest of 2021) ?

 

[Pressure]

Breh I bought it at $14 back in January.

That CLOV offering

 

[Scholar]

CLOV bag holders

 

[Spidey Man]

CLOV bag holders

I'm never gonna see a profit. At least my average on it is 9 bucks. I wonder what will come first, a Mets championship or Clov making me money

 

[chineebai]

i like ABT to 140 - pretty low risk stop at 130, raise your stops
RBLX looks good to 120, tight stops, raise stops
AMD looks good if it can stay above 149, target 160

RBLX killed it, AMD killed it

ABT stopped out

 

[chineebai]

PFE so far has good support at $50. It's a slow moving stock so I think it's a good low risk stock aiming for $60, stop at $50 so a $9 upside over $1 downside. Just my opinion.

 

[chineebai]

LLY trying to go for all time high above 265. I think it should get there but it needs to close above 265 first.

 

[chineebai]

ERII is trying to stay above the 23.30 level, if it can close there then I like it to $30, set tight and raising stops

 

[chineebai]

GGPI is an interesting stock, it's Polestar. I actually test drove one and it was pretty damn nice. It's closing the gap at 12.70ish so it might be a good entry point, just my opinion.

 

[chineebai]

QQQ has a inverser head & shoulder pattern on the daily, and so far it's been rejected at neckline at 400.

 

[Liu Kang]

Ayo, I read on CLOV and the management did an offering at 5.75. Price was around 6.40 which means they actually crashed the price lol

Does making an offering that below current price standard behaviour ?


Re : JMIA, I'm falling back on loading up more so I lowered my buy at 12.2. It will be safer to wait for proper signs of a rebound rather than catching knives.

 

[Liu Kang]

QQQ has a inverser head & shoulder pattern on the daily, and so far it's been rejected at neckline at 400.

Isn't it just double topping ?

 

[chineebai]

1 hr chart, you can see that its an inverse h&s pattern, rejected at the 400 neckline level