I'm hesitant to go just off my TA with so much uncertainty in the air. But we left $2 on the table last week with Victoria Secrete Our $24 idea is now $26. Earnings? Would I be surprised if they missed? No because they newly thin people taking the weight loss drugs haven't ordered their bras and panties yet ( size S and M) Don't even cut a large!!! It's going to take the Year24 for this thin mania to filter through to frilly undergarments... but the TA is telling us NOW-! The Time Is Now... That's what TA does. It's up to us to listen.
Near term TA works with securities and indexes that have extremely high daily trading liquidity/volumes. This is where you have went wrong on several stocks, the latest being AJG. It doesn't trade that many shares. You have to "know" a stock Stoney. How many times have I told you... there is no "one size fits all"; the mark of a good trader is to know what to apply, when to apply it, ----> and which trading vehicle that applies too. If it was as easy as just drawing lines on a chart, 90% wouldn't fail. Anybody can do that Stoiney. So write that down... take a break.... and say "Thank you Vanzy"... because I am only here to help.
Long SOFI @ $8.25 WSB's is gonna go ham on this one today. It's $8.40 now, let it pull back before jumping in.
There shouldn't be too many weak hands left. It might pull back to the $7.90 level, but it should be safe to buy and hold for a while now. Use a $7.69+/- stop, should be ok.
On China bottoming I would be careful making that assertion. Have they fully played out the property collapse? This is their 2008 moment playing out. Monday Morning)))))))))))))))))))))))))))))))))))))))))))))))))))) SOFI up 11% ! My boy is sick, too much college life. Does anyone know what to do with the idea. Is there a replacement? How about GRAB?
Congrats To Our STOCK OF THE WEEK-- Flutter Assuming our shares now show up with this new symbol... Flutter Entertainment begins trading on NYSE » 07:41 FLUT
Redwire announces expansion of its In-Space Manufacturing Technology » 07:37 RDW, NOC In space manufacturing... very interesting sub sector. If we are serious about colonizing Mars or whatnot we will need the ability perhaps to use a 3D Printer in space<-- I'm guessing but you may have to use a faster or create a bolt and lock, or god forbid a thruster... and do it on board n zero gravity.. flames included.