brettcnstant5

brettcnstant5

there is a gap to fill and money to be made only question is the leap play worth it since it moves so slow

brettcnstant5

took a short position at the beginning of the week thinking that it all the news would be potentially bearish. but then the pattern did this. and silly me didnt get out until it was too late i really hope this doesn't go structure to structure. any thoughts would help. Apple also moves like the spy so. I'm scared nothing can stop spy or apple

brettcnstant5

NQ moves very sporadically in my opinion but I believe we are past all the news to destroy tech stocks until the fed speaks again about tapering. I believe also institutions are trying to make us leave our technical so we enter shorts.

brettcnstant5

I was aware the fintech sector has been selling off since the end of Oct. but it seems Sq and Paypal have finally bottomed out and now we may see room to grow

brettcnstant5

This W pattern should've been a clear indication for me to get out of my put but I held because i bought in at the high if it hits 478 im out...dont try and predict this crash

brettcnstant5

To be honest I'm a bit confused on the direction of the stock. I do believe that this bearish trend isn't over like block and paypal however the lower gap on the daily seems pretty enticing for shorts. i'm currently down because i bought a stupid call contract but I'll be selling it at market open.

brettcnstant5

Not sure if anyone else caught this but if feel free to comment on the idea

brettcnstant5

the thesis is that the stock is consolidating after a hard sell off in the previous gap and will continue to dip into the next gap. Simple, i also am bias because i think the money has left tech stocks. Please comment opinions down below to save me from my choices lol

brettcnstant5

any thoughts on this ..i guess it filled the gap so it can take the ride back up

brettcnstant5

lol a little confused on how to play this myself so i guess just wait on confirmation

brettcnstant5

Im undecided but there is a gap so i guess wait for confirmation lol but if anyone has any suggestions I'm all ears.

brettcnstant5

I understand that the market is waiting on the FED to speak however I believe that there is a Gap that is about to be filled and then the market will surprise me like it always has. I'm really just posting this to get an idea of what others are thinking