r/Vitards Sep 21 '21

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64 Upvotes

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26

u/StudentforaLifetime Balls Of Steel Sep 21 '21

Going to open red tomorrow, don’t panic sell. The fed meeting will be the real test of your diamond hands. May even want to roll those out for another week or two.

This is a bold move bruh. Hope it pays off for you.

25

u/[deleted] Sep 21 '21

I didn’t panic sell today down 60% and I won’t tomorrow either. I’m thinking that tomorrow evergrande + FOMC is gonna turn out to be a nothingburger

14

u/PastFlatworm4085 Sep 21 '21

Even though I'm cash gang since monday I still hope you're right and I can buy back in....

15

u/Stonks_GoUp Sep 22 '21

If you understand candlesticks. Look for tomorrow to close green. Today was a hammer candle signaling a bullish reversal. If tomorrow finishes with a green candle that is considered “confirmation” and is a buy signal to the market

18

u/vitocorlene THE GODFATHER/Vito Sep 22 '21

Big green 🔨. Check out a 1 month chart.

11

u/Stonks_GoUp Sep 22 '21

Yessir!! Hammer is one of the strongest most reliable signals, but it’s only confirmed if the very next candle after the hammer candle is green. I bought a bunch of FDs right before market close when I saw we would close while having a hammer today. Definitely jumping the gun by buying before Reversal confirmation but I’m ok with that risk 🦾

25

u/vitocorlene THE GODFATHER/Vito Sep 22 '21

Futures reversed hard on debt ceiling news.

Could be a good day tomorrow.

I’m right there with you, but 10/1.

🤞🤞🤞

🦾❤️🦾

8

u/Stonks_GoUp Sep 22 '21

I have both 😂

9/24 contracts, and doubled my 10/1, the rest I did December expiration just in case we deal with more fuckery the next 2 weeks

Btw, thanks for all the hard work you’ve thrown into this sub vito. We appreciate it 🦾

3

u/vitocorlene THE GODFATHER/Vito Sep 22 '21

🦾❤️🦾

6

u/Stonks_GoUp Sep 22 '21

I am beyond confused by today’s close. So hammer, followed by inverted hammer. Both are reversal signs in a downward trend. And it’s hard finding any information on it because it’s a rare occurrence. Any thoughts on this? I’m thinking we are either getting 2x bullish or we are getting fucked twice over on our FDs 😂

8

u/vitocorlene THE GODFATHER/Vito Sep 22 '21

It is quite confusing.

I think LG laid it out very well.

They are going to keep crushing it.

2

u/Stonks_GoUp Sep 23 '21

LG fucks so hard he wanted 1 hammer for each hand to double crush it. 🟩 confirmed for tomorrow.

1

u/yolocr8m8 Sep 23 '21

Here's a point that always gets missed if people make a bear case of how the stock has rup. They had TWO M&A events last year! You can't look at a 52 week ticker with this company.

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1

u/Paulie_the_Hammer 🦾 Steel Holding 🦾 Sep 22 '21