I’m going to short the crap out of this stock (trading) 433
chris_barnes98
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Ok you can short apple that doesn’t mean it’s not going to 450 and above before the 24th if your are investing no don’t short go for long if you are trading this stock why wouldn’t you short it needs to retrace before it goes higher and gap fill 433 I will short and if it goes higher let’s say to 450 I will short again because I know it need to revisit 400 before going higher
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https://www.tradingview.com/x/SjtVBXVM/ a couple of thing there is a gap and this is at the top of higher highs it needs to go down for a healthy retracement and it needs to gap fill and it’s overbought so it will go down then can continue you can short this right now cover at 400
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Remember that this is etf not the stock it doesn’t trade exactly like the nasdaq it’s the tqqq not the qqq just keep that in mind
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Heavy resistance at 109.30 do not option at this price (long) yes short at 109.00 if it gets there today
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Tesla will not go to 1300 there’s a heavy resistance at the 1281 if it can break that then yes but unlikely short at 1281 stop loss
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Ok people just so you know even though we never been here before we technically have when it comes to support and resistance 12 is the same as 120 and 120 is the same as 1200 the psychopathy is this people that can afford 12 dollars maybe can afford 120 and 120 can’t afford 1200 but people that are worth 12000 can afford 120 a share so tsla there was a resistance at 281 so there will be a resistance at 1281 but resistance can be support and if that happens it can run to 1330
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The tqqq will hit 105.34 then it will need to drop get in now to make your quick points you can put your stop loss at 97.00 technically 97.79
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Sure retesting is fine so you hedge your portfolio with puts and with this market etf nasdaq so you can use that money to buy it cheaper when it goes to 8 because we know that the cruise line is not going bk they will have a vaccine in 18 months they have enough money for 3 years no brainer remember it’s not suppose to be at 40 event if it was doing bad those are oversold levels
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People need to think like a consumer sometimes the Analysis on the charts is not how the novice trader is thinking big money does not beat everyday people what people see is 135 before Covid 19 and doing that all day everyday so the bottom is 40 so to speak there is still 100 dollar a share it doesn’t even matter in the short run if it sails ever again the risk vs the reward is to great if you get 100 shares that’s 4000 risk 2000 to make 13,500 that’s not a hard choice for people to make or in my case 10000 to make 200000
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I bought this at 20 I was buying 1 share all the way down to 18 average out at 20 and bought 2000 shares at 20 I can hold it will not return to 20 unless the make does a 03/18
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So let’s get into it royal Caribbean has 3 billion to last them for a year without the bailout then they got 3 billion from the FEd for 365 days and they can extend for another 1 if they want so that’s 3 years without breaking a sweat the virus vaccine we’ll be out worse case scenario 18 months and the best thing during all this they bought new boats they are fine and will return
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This is what happened with trump throwing money at the stock market (Manipulation)sue selling a fork for 8 dollars a fork a million people buy and sell the fork at 8 dollars she sells 1 million of those forks she made 8 million dollars then someone comes in and buys a million of her forks at 50 dollars making 50 million so this is one person once she runs out of the money can she sell the forks to the people at 50 dollars or 8 be ready for another hard drop really hard but it will go up first because the money needs to run out but when it does whew I will quote the great actor christopher loyd when this thing hits 85 you are going to see some serous $#&@8 dollars so the price will drop from 50 to 8 because the price of 50 dollars has no support but 8 does and that’s how you understand support and resistance line including moving avg these are also support and resistance lines
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Buy the way you can buy a few shares every moving average and max on the avg way back up this is how you know how to hit the bottom
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I shorted at 950 and 920
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Ok just so you know before you trade we are not in a bear market or downtrend yet it’s still in a correction because of coronavirus but we are heading there so right now it’s really risky to trade this is the time for investing so we need to hit 19000 on the Dow to be in a downtrend and that’s when you can trade again because the Swing are predictable
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Happy volatility day everybody if you’re not making money in the stock market today you don’t need to be trading
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The market is going down nothing can stop that now all this about stimulus and vaccines are temporary historical with dropping rates tax cuts 3 QE s didn’t stop the recession you can’t stop it once it hits
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That was crazy today I don’t think that was real you can’t be in a bear market and move like that not enough money be careful could be a government pump and dump
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