Boiler Room: The Official Stock Market Discussion
People will always sell when the target is hit, and institutions will trim their positions too. However, in a strong bull market, I see a clear path upward as long as there are no major economic disruptions.
i feel like i should chase january calls. 1/24 $650 calls should open around $4- $4.5 if price stays as is. i would need to see price action in the morning.
from the downside, the major support area is around $340, with a minor support at $414, which was a previous all-time high. If $414 gets rejected, there’s a strong chance we could revisit the $380s and then the $340s. However, as long as support holds, we’re likely to bounce back toward the $500s. Once it consolidates in the low $500s, we could see $600. i won't be surprised at all by $600 by mid Feb. but at the same time i can see $340 retest. so if there's a strong rejection in $500, i'm gonna buy some puts.
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What does that breakdown to if it approaches that strike?
And good lookin out on the 1/17/24 pltr call a couple weeks back. I had 18 that i sold off this morning, very nice profit
What does that breakdown to if it approaches that strike?
And good lookin out on the 1/17/24 pltr call a couple weeks back. I had 18 that i sold off this morning, very nice profit
Yw.
Im not sure.
Its up 16% now. Was up 30% when pltr turned green.
Mirin4rmfar
Superstar
horrible move of mine selling Rigetti , had 666 shares at 1.5, sold, 332 shares at 3.32 ish, sold for profit cause I got afraid of quantum bubble. I lose more by selling.I just don't understand why SOFI is not running
they are profitable, they have loans, financial services, tech services, it's annoying considering a lot unprofitable companies are running like crazy
At 4.61. Had it just for a swing but looks like I will be holding on for a while
