while my gain is capped by that $2.2 already collected, your straight PUT will pocket u more profit fwiw, last Tue doji candlestick signals hesitation, suggesting a reverse in trend; it has been confirmed by Fri's Bearish Hirami, it's a bearish signal.
@adoo would you consider AMD a bearish macd? I won't be buying puts, but waiting for an entry to go long the underlying.
adoo will probably provide some better insight, but I would look to buy AMD close to the end of the day using the below criteria. Closes under $49 I would stay out. Chart would look too bearish. If it closes above 49.70 I would long. Would end the day with a nice reversal. Or jump in now and put a stop in under the low of the day.
fwiw, today's trading pattern for amd shows a hammer; in candlestick talk https://www.investopedia.com/terms/h/hammer.asp at the end of a down trend, it could be a trend reversal signal, but it must be confirmed the next trading day btw, saitou, MACD is a momentum indicator
I'm in LCA, hopefully runs more tomorrow, I might jump out PM, but it's looking good so far. This should go up decently still, hoping for 20+ and I think it'll go a lot higher I just don't know how fast the market will go, anyway this might be a longer play and need to watch any news that reverses momentum - not financial advice, it should still go more, just wait for a dip.
oh man, me too, I missed that one bad.... Other one and is speculation from the IPO is ACI, I keep seeing $25-30 mentioned but I'm thinking that is just because they're hoping it follows other grocery plays - might be more hope there. I might try it tomorrow assuming I don't miss entry.
That's one of those you sit on and hope for, I would think. They failed their first couple of attempts at an IPO and this IPO was priced below what everybody expected. I haven't read a scenario why they should pop other than their debt isn't as bad as it used to be. I don't know. I need to look into it, I guess.
Yeah, I definitely agree with you, I personally don't see it going crazy but seeing some of these other stocks and mentions on this it might be worth a look. It could just fizzle/be a long hold, and personally, If it does turn into a hold and hope scenario I don't think I'll bother either.
The problem with Albertsons is that it's a company that's doing ok. If you want a stock that's going to skyrocket, you have to buy garbage and stuff that's about to go bankrupt or a fraud like WireCard. LOL.
It makes me wonder what I would have done the last 3 months if I had a 100k that came to me easily and I was in my early 20’s most likely would have optioned and shorted myself into $20 left lol
Definitely agree with you, I'd for sure be in the same place with you. It'd probably be amazing at 1st and then, yeah... All gone
if i had been shorting AMD, which i had not, based on the the MACD info, i'd exit now. if i want to go long on AMD, whose ERS will be last wk in Jul, i'd wait for candle stick confirmation (of a trend reversal) tomorrow and the MACD fast line ready to cross over the horizontal zero line and make an earnings run out of it
Thanks @adoo and @The Real Shady . Started a small position below $49 ytd. Will slowly accumulate if it drops below $49. Hoping to hold this + TSM for long term.
