JMIA broke Resistance next stop is around 10, if the heavy volume continues:
Feels like a pump fakeInflation ONLY 8.5% causing stocks to soar.
I get it, it's about expectations, but man that's still crazy.
Feels like a pump fake
Inflation ONLY 8.5% causing stocks to soar.
I get it, it's about expectations, but man that's still crazy.
It’s not crazy, the market should be forward lookingFeels like a pump fake
You can never lose money taking profit. I like it long term and I do have some in my portfolio so it depends on your goals and time frame. I also sold most yesterday as my risk tolerance isn't as high to hold through earnings. It is running a bit overbrought right now. Just my opinion.@chineebai is that ENVX plug you hinted at last week an in/out or long term? Up 35% on it and was wondering if I should take my profit.
You can never lose money taking profit. I like it long term and I do have some in my portfolio so it depends on your goals and time frame. I also sold most yesterday as my risk tolerance isn't as high to hold through earnings. It is running a bit overbrought right now. Just my opinion.
If it is long term, meaning 5+ years then personally, I think it's a good investment. In terms of trading short term, it can see wild swings. You should keep in mind the support levels, so right now the support seems to be at 20.40, see if it can stay above that, another level is the 200dma at 17 which I can see testing to see if the stock can absorb all that supply given the gap up this morning. Just my opinion, not trading advice.it's my 401k rollover bread, so that's my long term account. Got 50 shares that I'm willing to let ride out or even add more if you think it's worth a long term play.
If it is long term, meaning 5+ years then personally, I think it's a good investment. In terms of trading short term, it can see wild swings. You should keep in mind the support levels, so right now the support seems to be at 20.40, see if it can stay above that, another level is the 200dma at 17 which I can see testing to see if the stock can absorb all that supply given the gap up this morning. Just my opinion, not trading advice.
4.5 -ish nowAlready sold the ENVX 8/19 15c’s I had at .60 a while back…..but checked to see where they at now….ITM and going for bout 1.70
On days like this glad to see my port go crazy, but I’m also doubling down on sqqq as a hedge.Expecting another market dip around October when the government stops using thier oild reserves to bring oild and gas prices down. Inflation has not peaked