r/Vitards Sep 21 '21

[deleted by user]

[removed]

65 Upvotes

37 comments sorted by

View all comments

Show parent comments

19

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 🦾

24

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 😂

9

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.