DrewDimes

DrewDimes

When this crypto came out it was instantly a top 10 crypto. Almost unseen of....a black swan event if you will. Years in development. The newest tech. Now its beat to shit (DEVs probably cashed out and then some), selling for pennies compared to ATH's. Although red, MACD seems to be trending slowly in the right direction. I'll take a swing at these prices and...

DrewDimes Updated 

Weekly MACD has been slowly trending towards a flip to green. HEAVY volume the past 2 days. Prices could be bottoming out in these areas.

DrewDimes Updated 

We are right on a support at 27.50 with this ticker. 6 straight red days yet I can't find any negative news. RSI looking oversold. Look at those volume candles the past 5 days! Eventually the sellers are all dried up and all that is left is buyers like me. Profitable company with 70%+ institutional ownership. I feel safe taking a swing here. Better chance this...

DrewDimes

Been watching this one for a few days now due to the heavy volume. Wish I would have been accumulating some shares in the 38's, but I feel there is still a little room left to rally. Quick DD. Growing bank mostly located in the northwestern US. Profitable bank and pretty safe/boring investment overtime. Pretty much sideways movement. Stock price was recently...

DrewDimes

Been following/playing this one for years. One of the more disappointing cryptos (price wise) that didn't get the same boom many of the big boys got when crypto was on fire late last year and early this year. However fundamentals are solid and while most cryptos will eventually die off, I expect we see this one still around 10 years from now. Not my usual play....

DrewDimes

IEP. Some rich fuckers company (Carl Icahn net worth 15.6 Billion). Dude probably has an ego and won't let this be beaten down much more before he starts just buying it himself. Sometimes you just gotta follow the money. The rich are always getting richer. Looks oversold here according to RSI and the MACD is actually trending towards a flip to green despite the...

DrewDimes Updated 

20-22 seems to be the buy zone. Coming off its largest volume week ever and looks to be forming a bottom. I'm in here, but keeping a tight stop loss.

DrewDimes Updated 

Earnings coming up tomorrow. I was shorting this stock when it was in the mid to high 50s all the way down to the low 40s. I am now a buyer at these levels. RSI in the oversold territory. MACD flipping to green. Seems to be holding a gain on high volume even thru a TERRIBLE day for the market. Its always a little nerve racking buying something on these "market...

DrewDimes

Heavy institutional ownership on this one and looks like today there was close to a 1 million share buy around 9:15 AM. Probably an institution or somebody with some inside knowledge. I feel safe taking a swing here.

DrewDimes Updated 

Looks like this may have bottomed out at 13. MACD flipped to green, good volume, RSI showing oversold, almost 50% off 52 Week highs. I will take a swing here and scoop some cheap shares up.

DrewDimes

Volume seems to be ramping up these past 3 days with 2 days showing a hammer candle. MACD trending towards green and RSI looking ok. I think a run to 22.50 is more likely than a drop back into the 17s. Top of the current channel seems to be between low 18s and 22.50. Willing to sell a percent or 2 below the 22.50 resistance.

DrewDimes Updated 

Looks to be gaining some momentum on the weekly charts while also trading on heavy volume. In fact from what I can tell today was the highest volume ever? 60 million shares traded, even higher than the day its 1st day trading in September 2019 (55mil). Add that to the 50 million shares that swapped hands yesterday. Something is happening here. Anyways, looks...

DrewDimes

RSI in oversold levels and finished the day with a nice hammer candle. Shooting my shot and hoping this is near its bottom. Weed industry is going to be here in the long run whether people like it or not. Whether it can be profitable remains in the hands of lawmakers, and that is the only thing that makes me a tiny bit nervous about this trade. Also the weed ETF...

DrewDimes Updated 

Huge volume these past 2 days. Hadn't seen volume like yesterday's since February and still holding strong with high volume today. RSI looking oversold, I expect momentum to begin to build from here for a continued upwards move. Keeping a tight stop loss. If I see this under $18 I am less excited about it and probably will have exited the trade

DrewDimes Updated 

Taking a long position here and hoping I've caught this near its bottom

DrewDimes Updated 

Breaking thru the $45 dollar resistance today. RSI is a little higher than I like to take for an opening position, but MACD flipping green and unusual volume happening today. Also may be coming up on 50SMA breaking thru 200SMA, usually a bullish sign. I'm a buyer under $46

DrewDimes Updated 

I'm liking the volume the past 3 days. Could be reversal time. Got a long position at 13.13. Looks like it's already up 1.5% just in the time I drew the chart out

DrewDimes Updated 

Suddenly Macy's is cool again. I'm not buying it. In fact, I'm shorting it!