Playing the dip: ALAB

Discussion in 'Trading' started by Bad_Badness, Jan 27, 2025.

  1. Bad_Badness

    Bad_Badness

    Bought the dip.
    • 100 @90
    • 50 @80
    Possible Gap Fill. Possible lower. Currently at 1/2 allocation (25k) Will buy lower, will sell higher too.

    Anyone else do a "(ai)Deep" dip trade today?


    upload_2025-1-27_18-3-8.png
    Chart comments:
    Obvious place to enter.
    Looking at the post gap Trend line, the trend appears old. You can see 3 pulses if you squint. Last pulse lacked volume, so trend-wave is weakening. 12.5mil vol is significant. See what tomorrow's is going to be.
     
    Last edited: Jan 27, 2025
    Sekiyo likes this.
  2. maxinger

    maxinger

    hmmm

    some rather bad news yesterday.
    How low will it go?
     
  3. mervyn

    mervyn

    sell cash puts and wait, if i would be interested in the trade
     
  4. tomkat22

    tomkat22

    META dip buy would have worked,NVDA not so much.
     
  5. Bad_Badness

    Bad_Badness

    Out at 104 for 20 points or 2.8K on 15K in 3 days.....
     
  6. mervyn

    mervyn

    the word is that deepseek is writing assembly language to bypass cuda, if they come up with an alternative toolkit, any gpus can do ai learning.
     
    Bad_Badness likes this.