Boiler Room: The Official Stock Market Discussion

chineebai

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very very tough to determine direction in overall market now. I see both bear and bull patterns forming given the recent choppiness. 413 resistance on spy for now.
 

chineebai

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envx - beggggggginnng for more volume like jodeci, alerted at 10.

11.70 was the line it needed to cross first, anything over is bullish, anything under is bearish.
13.35 was the next support line, you can see how it has hovered around this level for the last few days. Needs to convincingly break this.
 

Da Jungles

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envx - beggggggginnng for more volume like jodeci, alerted at 10.

11.70 was the line it needed to cross first, anything over is bullish, anything under is bearish.
13.35 was the next support line, you can see how it has hovered around this level for the last few days. Needs to convincingly break this.

What do you think of LNG?
 

ahomeplateslugger

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market has been up like crazy the last month or two. i'm up about 30% on some stocks i bought.

i'm guessing biden applied pressure on powell to get it back up for midterms and his re-election. it also wouldn't surprise me if the market goes back on a ridiculous run similar to the start of the bull run in 2008.
 

chineebai

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try to bank some profit during this ride up. People are getting complacent and that's when the market makers pounce to earn their money
 
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