Why's it dipping? It hit $165, stalled, then dipped back into the $162's.
ogdabber
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@client9999, @autonomoustrading Do you post trade ideas before/during? I've been with you on a lot of your projections, but I'm using my own reads, would like to see what brings you to similar look.
Regarding the recent "stall"... it *can't* just get pumped up to the moon in one go (I say "can't" bc it could with enough stimulus and buyers...) -- this is a BIG trend breakthrough (or bull trap, should this "irrationally" bullish sentiment prove to be full of greed and pigs to be slaughtered), so it needs to do quick "recalibration" as I call it before continuing higher +++ PLUS to squeeze out the "lotto" call contracts of weak "bullish" hands trying to do more than just skim off their rightful top... again, pigs will get slaughtered if/when markets correct/recess.
I'm personally a "Bear" of 2020, and I jumped out fully in Feb/March when I heard how bad it was going to get from buddies in other countries. Then, the Fed and new "day traders" have since propped it up... millionaires becoming multi-millionaires and billionaires, and regular folks, well, staying regular with their basic $100 gains over 100% risk. I don't pretend to know everything, but if the Feds continue to prop up markets, then bulls are likely to chase this one to new ATH's before election time, and only then will we get a better idea of how the next year or two will be. Until then, if you have the risk (or balls) to invest (or trade, really), then watch for this breakout to continue through next month. I expect a market-wide correction of some sort by end of September at the latest, even if it's just 10% from ATH's... could be a double/triple top though, so be sure to express caution with all trades. I'm not a FOMO trader, I'm a MOMO trader though, and this one is undervalued respective to other Tech's.
ogdabber
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@client9999@autonomoustrading above 175 is what I see as clear buy signal... let's see how this works out... "buy the dips to new ATH's?"
autonomoustrading
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@ogdabber, sir we upgraded ROKU at 59 in 2020 the very bottom in 2019 we did the same. On IPO we initiated coverage with strong buy at $19. These are the facts
ogdabber
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@autonomoustrading I just question the validity of your “AI software” because you only post AFTER drop/pop, never before. I just looked through your profile and I did not see these other posts that you claim to have made — those are the facts. You said you shorted ROKU before it fell, but you did not say that you flipped back to long at any point. It’s cool, you do you, but you should either offer a free trial or have live trading room for free with chat if you want to actually sell your software... anyone can post this bs after it’s happened.
autonomoustrading
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@ogdabber, LOL WE GOT USED TO PEOPLE LIKE YOU 40 YEARS AGO
@autonomoustrading, what do you think about the preferred shares (OSTKO) trading at such a discount compared to OSTK? Do you think the big discount on the preferred shares is a good opportunity? OSTKO is currently at $84 and went up slightly today despite OSTK being down for the day.