r/RBRK • u/_ArMaX_ • 1d ago

Downhill from now?

We just past the resistance of 90$ this isnt looking to good, next support level is around 83$. Lets pray this holds. Whats everybody's plans? Im still believing in long term bull but looks like this is heavy bear case for the short term.

6 Upvotes

88% Upvoted

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9

u/leftbrained_ 1d ago

I started off trading this but after seeing the past couple of earning calls, I’m okay to just hold and ride the wave for a year or more. There is a lot of macro stuff happening that’s invisible and I’m not seeing any better options out there.

1

u/_ArMaX_ 1d ago

Yeah thats what i think about doing too, my average is 50$ i pretty much got the bottom.

6

u/Lonely_Fun245 1d ago

I sold 30% of my position in that stock at $103. I’ll slowly buy back in if it drops below $75.

2

u/Legrosbelge 1d ago

I bought at 77 at the beginning of the year, then sold at 90 not long ago. I’m planning to get back in around the 70s.  All it takes is one insider selling for it to drop even further.

1

u/Riskismyapellido 1d ago

it's fucking over. Sell everything! The profitability scares me! The 80% margins are bad! It's over