My lines are not that random as some detractors have claimed. The green line is definitely a resistance, needs to break this channel for the meltup to be confirmed.
MFI picked back up again after the early morning selloff
MFI picked back up again after the early morning selloff
Comment:
Transports, big tech, and financials are green
Garbage stocks are weak
MAybe chip stock? I dunno, I like to play MU every now and then
Garbage stocks are weak
MAybe chip stock? I dunno, I like to play MU every now and then
Trade closed manually:
Like I said, if I don;t see an afternoon rally I'm out. Flipped my AMC calls for even money, all cash.
Will take a swing at GME puts tomorow for earnings if the market looks weak again
Will take a swing at GME puts tomorow for earnings if the market looks weak again
Comment:
Rejected again, odd that RSI is headed down and MFI is headed up during the day
Still bullish on AMC stock, because they'll beat on earnings in August, but not a good options trade. Not sure when the next pop will happen.
Still bullish on AMC stock, because they'll beat on earnings in August, but not a good options trade. Not sure when the next pop will happen.
Comment:
No idea.
Probably gets pumptarded though if it breaks the channel line, so no shorting yet either.
Probably gets pumptarded though if it breaks the channel line, so no shorting yet either.
My overlay has it as up tomorrow down Thu and back up Fri/Mon/Tues.
The market does not always follow teh same path though. All I know is no shorting until next Tuesday, with the exception of earnings. I'm very bearish on GME for tomorrow afternoon.