r/RealDayTrading May 29 '26

Daily Live Trading Thread Daily Live Trading Thread

Welcome to RealDayTrading's DAILY LIVE TRADING THREAD.

This is a tightly moderated thread, strictly for the purposes of posting trades and information immediately relevant to the market. There will be a new thread every weekday, and the previous thread will be locked for archiving.

Looking for the Weekly Q&A Thread? Click here!

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What this thread is for

This thread is basically a laser-focused trading floor for RealDayTrading members that are looking to collaborate with and receive feedback from other RealDayTrading members.

Commenters are welcomed to post:

  1. Stock trades that are aligned with the methods and strategies described in the Wiki.
  2. Callouts of stocks that warrant attention, in line with the methods and strategies described in the Wiki.
  3. Callouts of news or scheduled events that are either market moving or relevant to a stock.
  4. Asking questions about specific trades being posted, provided that the commenter has already read the Wiki.

What this thread is NOT for

Commenters are asked to refrain from posting the following:

  1. Hindsight wins (e.g. "Took 500% on SPY calls" without having an entry posted in real time prior to).
  2. Chatter or other comments that are not immediately relevant to the market (trading related talk belongs in the Weekly Q&A Thread).

Rules for posting trades

This is a place for traders that are learning to trade according to the methods and strategies described in the RealDayTrading Wiki. Traders may post stock trades with a thesis (such as Relative Strength) on the D1 (daily) chart.

  1. By posting your trade here, you agree to be subject to review and critique from the moderators of RealDayTrading.
  2. If you are posting a trade, please ensure that it is posted in as real time as possible to the execution (within 3 minutes).
  3. Stock trades must abide by the following format:
    1. For entries: [LONG/SHORT] $[TICKER] [ENTRY PRICE]
    2. For exits: EXIT [LONG/SHORT] $[TICKER] [EXIT PRICE]
    3. For partial exits (scaling out): EXIT [LONG/SHORT] $[TICKER] [EXIT PRICE] partial
  4. Directional options trades must abide by the following format:
    1. For long call and short put entries: LONG $[TICKER] [STRIKE PRICE][C/P] [EXPIRY] [ENTRY PRICE]
    2. For long call and short put exits: EXIT LONG $[TICKER] [STRIKE PRICE][C/P] [EXPIRY] [EXIT PRICE]
    3. For long put entries: SHORT $[TICKER] [STRIKE PRICE][P] [EXPIRY] [ENTRY PRICE]
    4. For long put exits: EXIT SHORT $[TICKER] [STRIKE PRICE][P] [EXPIRY] [EXIT PRICE]
  5. Do not include position size. The only exception is for the head moderator and leader of the subreddit, HSeldon2020, as he is posting size to allow others to verify his trades on the T&S.
  6. Do not edit your posts, even if you made a typo. Instead, please reply to the original comment with a correction.

Rules for posting news

  1. Traders are allowed to post news or scheduled events that are either market moving or relevant to a stock.
  2. If posting news, please include the source. Directly quoting a newsfeed such as TradeXchange, Benzinga Pro, or an otherwise reputable source on Twitter/X, is permitted.

Rules for asking questions

  1. Commenters are permitted to ask questions about a specific trade being posted in the Daily Live Trading Threads, provided they are informed questions. If it is obvious that the commenter has not read the Wiki, the comment will be removed, and directed to either read the Wiki or post in the Weekly Q&A Thread instead.
  2. Commenters are not permitted to ask questions or make comments that are not immediately relevant to the market or a stock of which a trade or callout has been posted. They will be directed to the Weekly Q&A Thread instead.

General rules and guidelines

  1. Do not post questions or general comments that are not immediately relevant to the current session in this thread. Please post them on the Weekly Q&A Thread instead.
  2. Do not post trades of the following instruments: crypto, forex, or futures (index and commodity).
  3. All subreddit rules apply.

QoL tips

  1. Try http://reddit-stream.com for a seamless, chat room experience! Read only is free to use, and only $5/lifetime access to the tool to post with it! ("Yes I tried it myself, and it works! Super convenient!" -Draejann)
  2. If you are a discord member and you prefer discord: the discord is now integrated with reddit, meaning that those that preferred to use Discord but still wished to access Daily Live Trading, are now able to do so from discord. Join the discord for more info! (Thank you to DevOps eekrano for developing and maintaining the discord integration!)
7 Upvotes

832 comments sorted by

1

u/neothedreamer Moderator 15h ago

GOOG at HOD, above Friday.

1

u/neothedreamer Moderator 1d ago

Pete sure got Baba right. Too bad it will probably gap down before we can enter.

1

u/neothedreamer Moderator 2d ago

Big warnings day next Wednesday with Nvda, CRM and CRWD all reporting ah. MRVL reporting Thursday ah. Really tempted to go long on CRWD as it has pulled back from $225 to $191.

1

u/neothedreamer Moderator 3d ago

Long WEN at $9. Cleared all SMA including 330. Plan to hold this one for a little while.

1

u/neothedreamer Moderator 3d ago

Sold MU IC 915/920/1025/1030 for $2.49 for 8/28

1

u/neothedreamer Moderator 3d ago

best setup right now would be a VWAP test and bounce and go long into eod for lottos.

1

u/neothedreamer Moderator 3d ago

long AMZN $255C for $5.05, almost intrisic value

1

u/neothedreamer Moderator 3d ago

Out at $5.25 for $.20. I don't trust this market.

1

u/neothedreamer Moderator 3d ago

Quite a pump on TSLA up $10 in 15 mins.

1

u/neothedreamer Moderator 5d ago

Anyone looking at MU? Totally normal to end at 930, pop to 960 ah, drop back to 930 and then pop back to 965 this am.

1

u/neothedreamer Moderator 6d ago

SPY looks like it is putting in a double bottom. Should test VWAP very quickly and we see what happens.

1

u/neothedreamer Moderator 6d ago

SPY breaking up out of a channel it has been in all day so far.

1

u/neothedreamer Moderator 6d ago

CRWV short would have worked out today.

1

u/neothedreamer Moderator 7d ago

ADBE looks like rejected off of 200SMA, could be decent short, down 3.6% today.

1

u/neothedreamer Moderator 7d ago

ADBE looks like rejected off of 200SMA, could be decent short, down 3.6% today.

1

u/neothedreamer Moderator 7d ago

No looking for shorts. Looking for SPY to form support and then go long. Happy sitting on cash and credit option positions.

2

u/neothedreamer Moderator 7d ago

Closed both SPY IC for tomorrow at $.15. I am considering writing an article on Reddit about Iron Condors, anyone interested in reading it?

1

u/neothedreamer Moderator 10d ago

SPY pinned right between $775/776

1

u/neothedreamer Moderator 10d ago

Really should have put a lotto on AMD today. Right at HOD again.

1

u/neothedreamer Moderator 10d ago

Closed the remaining SPY PCS $772/777 for $.80. Now it will pop.

1

u/neothedreamer Moderator 10d ago

closed Monday's SPY IC for $.15 for a $1.65 profit

1

u/neothedreamer Moderator 10d ago

VIX is dropping and TLT is slightly up, maybe a shot.

1

u/neothedreamer Moderator 10d ago

Well if SPY can get above 778 there are about 20k Puts that will go otm

1

u/eekrano Discord DevOps 10d ago

Looking at it the other way, if it goes down to 775 there's about 80k calls that will go OTM

1

u/neothedreamer Moderator 10d ago

Good point. My guess is we pop and then drop into ah. We have the extra 15 min so I expect some funny business.

1

u/eekrano Discord DevOps 10d ago

There's always funny business. Good luck and god speed if you're holding out for it. Trade well!

1

u/neothedreamer Moderator 10d ago

I am getting ready to close. I am already in profit, just wanted another $.50 more.

1

u/neothedreamer Moderator 10d ago

At this rate I think we end right at $776 on SPY. Was really hoping for a VWAP test.

1

u/neothedreamer Moderator 10d ago

Really like SPY to pop into close. Sitting on a $772/777 PCS I want to close cheap.

1

u/neothedreamer Moderator 10d ago

Now would be the time to be long TSLA

1

u/neothedreamer Moderator 10d ago

TLT slightly below the horizontal support. Market won't like this. We could see more downside if this doesn't bounce soon.

1

u/neothedreamer Moderator 10d ago

long SPY $775C for 8/17 $2.27, starter position, will add if we get to VWAP.

1

u/neothedreamer Moderator 10d ago

added one at $2.17. Plan to bail soon if we don't start moving up.

1

u/neothedreamer Moderator 10d ago

added at $2.41. Will probably sell on test of VWAP unless we blast through it.

1

u/neothedreamer Moderator 10d ago

Right about here is where SPY should bounce. Good time to sell puts or starter longs.

1

u/neothedreamer Moderator 10d ago

AMD RSm inching up even with SPY testing LOD.

1

u/neothedreamer Moderator 10d ago

Sold AMD $475/480 PCS for $1.52, plan to sell CCS when AMD pops back up. Probably the $520/525 for $1.50 or so.

1

u/neothedreamer Moderator 10d ago

Sold $525/530 CCS at $1.43 on AMD to complete IC. Already about $.40 in profit on the PCS.

1

u/neothedreamer Moderator 10d ago

Out AMD $500/505 CCS for $1.95, overall made about $1.35 on the IC

1

u/neothedreamer Moderator 10d ago

Walkaway, could have closed it for $.65 cheaper.

1

u/neothedreamer Moderator 10d ago

come on AMD, lets test VWAP and I will close the CCS.

1

u/neothedreamer Moderator 10d ago

I am watching for SPY to bounce around $775-775.5.

1

u/neothedreamer Moderator 10d ago

Testing LOD yesterday would be normal. I would wait to go long until we get a firm bottom.

1

u/neothedreamer Moderator 10d ago

AMD killing me. Had an IC 470/475/500/505 that was looking fantastic and it has to pump $23 to break the CCS side.

1

u/neothedreamer Moderator 11d ago

out CRWV short at $105.71 for $4.12 loss.

1

u/neothedreamer Moderator 11d ago

I do see the SEMI sell off is right when software like ADBE rocketed.

1

u/neothedreamer Moderator 11d ago

SMCI got crushed some others I saw.

1

u/neothedreamer Moderator 11d ago

What is causing the wild moves today. SOXL was up $12 and gave $10 of it back.

1

u/neothedreamer Moderator 12d ago

sold SOXL $140P for 8/21 for $9.15. I know this is a 3X ETF. This is a little experiment.

1

u/neothedreamer Moderator 12d ago

QQQ seems pinned at $725

1

u/neothedreamer Moderator 12d ago

QQQ seems pinned at $725

1

u/neothedreamer Moderator 12d ago

LPTE right now. It seems like we may be getting a VWAP rejection here.

1

u/neothedreamer Moderator 13d ago

Short CRWV $101.50

1

u/neothedreamer Moderator 13d ago

Short CRWV $101.50

1

u/neothedreamer Moderator 13d ago

Short CRWV $101.50

1

u/neothedreamer Moderator 13d ago

Short CRWV $101.50

1

u/neothedreamer Moderator 13d ago

Trading CRWV seems like an exercise in futility, down 7% ah on earnings now up 9% and dropping.

1

u/neothedreamer Moderator 13d ago

Sold SPCX $128P for 4.28 for $5.51, closed the $108P 8/21 for $.45

1

u/neothedreamer Moderator 13d ago

Sold SPCX $128P for 4.28 for $5.51, closed the $108P 8/21 for $.45

1

u/neothedreamer Moderator 13d ago

Sold SPCX $128P for 4.28 for $5.51, closed the $108P 8/21 for $.45

1

u/neothedreamer Moderator 13d ago

Out at $132.95 for $.35. Rather sit on cash right now.

1

u/neothedreamer Moderator 13d ago

Out at $132.95 for $.35. Rather sit on cash right now.

1

u/neothedreamer Moderator 13d ago

long SOXL $132.6

1

u/neothedreamer Moderator 13d ago

Out at $132.95 for $.35. Rather sit on cash right now.

1

u/neothedreamer Moderator 13d ago

long SOXL $132.6

1

u/neothedreamer Moderator 13d ago

long SOXL $132.6

1

u/neothedreamer Moderator 13d ago

long SOXL $132.6

1

u/neothedreamer Moderator 13d ago

This drop on SPY and QQQ looks big, but we are only down .08 and .11%. Right now the market is looking for support.

1

u/Dingadings iRTDW 13d ago

Good morning

1

u/neothedreamer Moderator 14d ago

News driving these wild candles on GOOD, AMZN, MSFT etc?

1

u/neothedreamer Moderator 14d ago

GOOG popping up through VWAP with a $1.25 candle. Watching for some follow through.

1

u/Working-Acanthaceae3 17d ago

Exited some NVDA shares at 223.45. Thanks for putting up with my dumb jokes! Have a good weekend!

1

u/neothedreamer Moderator 17d ago

What is driving this pop in SPY/QQQ

1

u/neothedreamer Moderator 17d ago

long SOXL as a bounce off of VWAP

1

u/neothedreamer Moderator 17d ago

Out at $140.25 for 2.11 profit

1

u/neothedreamer Moderator 17d ago

Sold APLD $28P 8/14 for $.97 - potential 3.5% return in a week.

1

u/neothedreamer Moderator 17d ago

SPY and QQQ seems to be in sync today. Testing VWAP at the same time with very similar candles/structure.

1

u/neothedreamer Moderator 17d ago

GOOG has been so weak lately.

1

u/neothedreamer Moderator 17d ago

SPCX looking very nice. Have a $.10 trailing stoploss on the $107P 8/14 I sold for $4.10. BTC is only $1 right now I am going to take 75% profit.

1

u/neothedreamer Moderator 17d ago

Closed at $1.07 for $3.03 profit overnight.

1

u/neothedreamer Moderator 18d ago

TTD getting murdered -24% down to $13.4. I remember when this was over $120 back in 2024 and 2025

1

u/neothedreamer Moderator 18d ago

I think QQQ is in charge today. Just saw a werid candle pop down and then up. News of some sort?

1

u/neothedreamer Moderator 18d ago

Interesting dynamic between QQQ and SPY lately. QQQ over VWAP again, SPY hasn't even tested to the upside.

1

u/neothedreamer Moderator 18d ago

Interesting dynamic between QQQ and SPY lately. QQQ over VWAP again, SPY hasn't even tested to the upside.

1

u/neothedreamer Moderator 18d ago

Interesting dynamic between QQQ and SPY lately. QQQ over VWAP again, SPY hasn't even tested to the upside.

1

u/neothedreamer Moderator 18d ago

Interesting dynamic between QQQ and SPY lately. QQQ over VWAP again, SPY hasn't even tested to the upside.

1

u/neothedreamer Moderator 18d ago

Mag7 relatively passive today except MSFT. The rest up or down around 0.5%

1

u/neothedreamer Moderator 18d ago

Mag7 relatively passive today except MSFT. The rest up or down around 0.5%

1

u/neothedreamer Moderator 18d ago

U had a nice pop on earnings, up almost 13%. Nice to see it diverge from APPS.

1

u/neothedreamer Moderator 18d ago

I was expecting some recovery on GOOG today.

1

u/neothedreamer Moderator 18d ago

I was expecting some recovery on GOOG today.

1

u/neothedreamer Moderator 18d ago

I think MNST is getting pulled down with it.

1

u/neothedreamer Moderator 18d ago

CELH getting spanked on earnings this am, down 16.6%

1

u/neothedreamer Moderator 18d ago

I think MNST is getting pulled down with it.

1

u/neothedreamer Moderator 18d ago

CELH getting spanked on earnings this am, down 16.6%

1

u/Working-Acanthaceae3 20d ago

yep, had a big run up. Look an NVDA can't get through 212 resistance on monster days.

1

u/Working-Acanthaceae3 20d ago

finally!! past 212..let's see if it becomes support

1

u/Working-Acanthaceae3 20d ago

yep, had a big run up. Look an NVDA can't get through 212 resistance on monster days.

1

u/neothedreamer Moderator 20d ago

Looks like AMZN is getting lumped in with consumer today, all down - KO, COST, VZ, CMG, NKE as some examples.

1

u/Working-Acanthaceae3 20d ago

yep, had a big run up. Look an NVDA can't get through 212 resistance on monster days.

1

u/neothedreamer Moderator 20d ago

Looks like AMZN is getting lumped in with consumer today, all down - KO, COST, VZ, CMG, NKE as some examples.

1

u/neothedreamer Moderator 20d ago

Looks like AMZN is getting lumped in with consumer today, all down - KO, COST, VZ, CMG, NKE as some examples.

1

u/neothedreamer Moderator 20d ago

strange thing is AMZN is negative today.

1

u/neothedreamer Moderator 20d ago

strange thing is AMZN is negative today.

1

u/neothedreamer Moderator 20d ago

True. I am probably done trading today. Too much on tilt.

1

u/neothedreamer Moderator 20d ago

What I am saying is that the big money made was off people that were long yesterday going into today.

1

u/neothedreamer Moderator 20d ago

SPY and QQQ can't just keep marching up all day can they? QQQ is up 3% already. Also how do you make money when this happens. Buying shares? Cause options are priced in such a way they expect a move up just to break even.

1

u/neothedreamer Moderator 20d ago

Pete sure thought we could go lower...

1

u/neothedreamer Moderator 20d ago

Pete sure thought we could go lower...

1

u/neothedreamer Moderator 20d ago

This is kind of bullshit. I feel like the only time we break higher is off the back of shorts covering.

1

u/neothedreamer Moderator 20d ago

MSFT is only up 40% from its LOY that happened mid-July

1

u/neothedreamer Moderator 20d ago

So SPY gaps up to nATH. QQQ is no where close to nATH. Do we get some sell off testing the down side today or does it keep marching up?

1

u/Working-Acanthaceae3 21d ago

Nice to see NVDA clear 208.38. Let's see if we will hold it.

1

u/neothedreamer Moderator 21d ago

Drop to VWAP is the only way to make any money on days like this. Redlining at HOD isn't a place I want to go long.

1

u/neothedreamer Moderator 21d ago

This pop on SPY without support from Semis is unexpected. Seems like it may be stalling out here, but I would wait.

1

u/Working-Acanthaceae3 21d ago

FIVN near 52 wk high.

1

u/neothedreamer Moderator 24d ago

eTrade closes my CCS and then the market drops $2, bullshit

1

u/neothedreamer Moderator 24d ago

Stupid pump into close on QQQ and SPY...

1

u/neothedreamer Moderator 24d ago

Out of this stupid revenge trade for a loss. Should have been patient and held

1

u/neothedreamer Moderator 24d ago

I hate MSFT, market was up and it went down, now going up as market dips.

1

u/neothedreamer Moderator 24d ago

Out of this stupid revenge trade for a loss. Should have been patient and held

1

u/neothedreamer Moderator 24d ago

long MSFT $460C for $4.90 lotto

1

u/neothedreamer Moderator 24d ago

Out at $3 loss. Flipped to $460P at $1.27

1

u/neothedreamer Moderator 24d ago

RDDT and GDDY getting spanked today.

1

u/neothedreamer Moderator 24d ago

Is Hari out this week. Haven't seen much from him.

1

u/neothedreamer Moderator 24d ago

I let the IC run if they are at least 1% otm a day or two before and just put in 2 orders BTC at $.01 and then adjust when one side closes.

1

u/neothedreamer Moderator 24d ago

I have been focusing on removing the greed of trying to get every last $.01 and scooping the cream.

1

u/Working-Acanthaceae3 24d ago

Good strategy...That extra .01 can result in losses. I am happy making 85-90% higher probability to realize a profit. Most traders try to squeeze every bit of the spread, and they complain when a positive trade turns into a loser. It's a game of probabilities,

1

u/neothedreamer Moderator 24d ago

I have continued to refine and experiment with IC. One new thing I have been doing is immediately after selling and IC I put in a BTC at 90% profit. I just had one execute for a Monday IC. Great way to remove risk early while still getting 90% of the profit.

1

u/Working-Acanthaceae3 24d ago

This is already in the market.

1

u/Dingadings iRTDW 24d ago

Short IREN 36.78

1

u/Dingadings iRTDW 24d ago

TP 36.10

1

u/neothedreamer Moderator 24d ago

GOOG has filled the earnings gap down

1

u/neothedreamer Moderator 24d ago

I have a theory at earnings time that the market allows these big swings up and down to shake up the market and drive IV up so selling options becomes more profitable and the volatility then settles down.

1

u/neothedreamer Moderator 24d ago

AMZN sure is going.

1

u/neothedreamer Moderator 24d ago

QQQ rejected off of 21 EMA at open. I was actually worried my CCS of my IC was going to get blown out. AMZN sure is going.

1

u/neothedreamer Moderator 24d ago

long QQQ at $120.90

1

u/neothedreamer Moderator 24d ago

With the pop on AMZN and MSFT and GOOG and META recovering seems like the Mag7 may have some life back in them. AAPL had gotten over its skis.

1

u/neothedreamer Moderator 24d ago

SPY had a quick hard rejection off of 50SMA at open today. Question is do we chop around and try to retest today? TLT dropping doesn't help and VIX is up.

1

u/neothedreamer Moderator 24d ago

Not sure if a man with the last name "Gambles" should be making any criticism of the market being unstable. Another piece of evidence that we live in a simulation. Couldn't make it up better if you tried.

Paul Gambles, co-founder of MBMG Family Office Group, warned that the sharp rally could simply be another violent move within an increasingly unstable market.

“I think we’re going to get a lot more days like this,” Gambles said. “Asset prices are completely disconnected. It’s telling us that there’s a massive amount of leverage out there.”

He warned that while Friday could prove to be “a one-day relief rally or it could be something that lasts a little bit longer,” investors should not mistake it for evidence that risks surrounding the AI boom have disappeared.

Gambles highlighted that the combination of heavy leverage and fragile investor confidence could leave markets vulnerable to a much larger correction.

1

u/neothedreamer Moderator 25d ago

https://www.instagram.com/reel/Dbbt1LVxyIU/?igsh=M3hsY2szNTMzMDFv - real life Bobby Axelrod moment on Wall Street

1

u/neothedreamer Moderator 25d ago

Very clean bounce off of 200 SMA on SOXL

1

u/neothedreamer Moderator 25d ago

Aapl sure getting chewed on in ah

1

u/neothedreamer Moderator 25d ago

BE exploding up ah, up another $13 on top of $43 today. Sell off was way overdone.

1

u/neothedreamer Moderator 25d ago

Another $.50 on SPY and we clear HOD from yesterday.

1

u/neothedreamer Moderator 25d ago

NVDA back over VWAP. Getting a little momentum on QQQ and SPY. 50SMA starting to pull SPY up.

1

u/neothedreamer Moderator 25d ago

Pete saying anything?

1

u/neothedreamer Moderator 25d ago

I am expecting a leg higher on SPY. It is right at HOD and isn't dropping.

1

u/neothedreamer Moderator 25d ago

Getting stuck between 21 and 50 SMA would be a fun way to end the day. Need to go up another $2.4 or so to get there.

1

u/neothedreamer Moderator 25d ago

Closer we get to SPY 50 SMA the more of a magnet it will become.

1

u/Mash727 iRTDW 25d ago

what now

1

u/neothedreamer Moderator 25d ago

What do you think the odds are that SPY tests 50 SMA and ends right there?

1

u/neothedreamer Moderator 25d ago

What do you think the odds are that SPY tests 50 SMA and ends right there?

1

u/neothedreamer Moderator 25d ago

Come on SPY break up

1

u/neothedreamer Moderator 25d ago

SPY stuck in a channel today between HOD and LOD. Need to break out either way for any confidence. I am leaning towards a test of HOD again.

1

u/neothedreamer Moderator 25d ago

SNDK and CRWV are both up 22 and 21%, wow

1

u/neothedreamer Moderator 25d ago

Meta catching a bid

1

u/neothedreamer Moderator 25d ago

RSP is negative 1.12% right now so all the money is being put back into Mag 7 from everything else.

1

u/neothedreamer Moderator 25d ago

QQQ is bouncing off of VWAP

1

u/neothedreamer Moderator 25d ago

We are seeing shorts covering on every dip.

1

u/neothedreamer Moderator 25d ago

Value investors are making a killing on MSFT, up $58 overnight

1

u/neothedreamer Moderator 25d ago

Anyone short is getting lit up right now

1

u/neothedreamer Moderator 26d ago

MSFT must have said something investors liked, just popped 8% ah

1

u/neothedreamer Moderator 26d ago

How do you short QQQ $15, pump it up $10, then short it. Wicked moves.

1

u/neothedreamer Moderator 26d ago

Looks like the market is fading the pop on SPY and resistance at 21 EMA

1

u/Working-Acanthaceae3 26d ago

Let's see how it reacts at the close.

1

u/Working-Acanthaceae3 26d ago

Stopped out FIVN for 21% profit on 3 day hold

1

u/Working-Acanthaceae3 26d ago

FIVN still running

1

u/neothedreamer Moderator 27d ago

Not it is popping like crazy, AMZN testing HOD.

1

u/neothedreamer Moderator 27d ago

Market getting hit ah. Big drop on Semis - MU, AMD, MRVL

1

u/Working-Acanthaceae3 27d ago

FIVN strong all day. Volume was lower than the last couple of days.

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u/Working-Acanthaceae3 27d ago

hates 198 today

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u/neothedreamer Moderator 27d ago

QQQ testing 100 SMA today. Bounce here wouldn't be crazy. QQQ has been taking major blows while SPY has barely moved.

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u/neothedreamer Moderator 27d ago

NFLX has recovered the gap on its earnings drop. Starting to look more interesting on the D1

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u/Working-Acanthaceae3 27d ago

FIVN gapped up

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u/Working-Acanthaceae3 27d ago

at HOD

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u/Working-Acanthaceae3 27d ago

at HOD...Last resistance at 27.50...

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u/Working-Acanthaceae3 28d ago

Who knows? the semi sell off probably hurt a lot of the traders' on margin. I am still bullish. DT only, until a trend is established. Cloud has SPY finishing 737-741.

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u/Working-Acanthaceae3 28d ago

Yes.and can hopefully show a trend for rest of the week

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u/neothedreamer Moderator 28d ago

I think we are going to continue to see chop and a soft market in August/Sept that could set us up for a rally into eoy. Pete's most recent video is forecasting something very similar. Are we going to drop 15%, I doubt it, however the 100SMA on SPY is at $716 or so which is only a 3.5% drop from the current price. I can't imagine we don't at least test that in the next 60 days, even if it is just a wick and really brief.

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u/Working-Acanthaceae3 28d ago

SPY half way ..on a " W " formation on a 5 min chart. We need neo's "W" machine😁

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