Originally Posted by lewdog:
Strong start to day with many good setups now fizzling out.
When it jumped that way, I figured it was going to fall back, and actually the fact that AMC held 55 so strongly & GME nudged to close at $300 is very promising.
I've been watching the cost basis distribution & AMC is firmly entrenched at at least 35 that aren't selling. Hopefully over the week, it will fill to at least 40.
This is promising for preventing the bottom from falling out.
As much as the huge gains are awesome. Some pullback is healthy for going even higher! [Reply]
Originally Posted by Rain Man:
I sold just a tad to lock in some profit. But I've had the stock for a while so I obviously like it. I sold about 7 percent, which is about one-third of today's profits.
I think that's a great move. It's getting some attention and this way you've banked & the rest in gravy... or bacon in this case [Reply]
Originally Posted by Kopinto:
Thinking about buying a few more Tesla stocks but got a hunch that the price is still much too high.
Might want to check out the Tesla subreddit. People are getting tired of Elon's antics, upset with cutting Plaid+, ditching radar (which caused Consumer Reports to drop their recommendation) & removing lumbar support for the passenger seats without notifying customers- including those who have already ordered.
Taking the shine off things and people feel like they are cutting corners.
I'm definitely not in the buy camp for Tesla right now, and it remains to be seen if their truck is going to gain market share...
Originally Posted by Anyong Bluth:
When it jumped that way, I figured it was going to fall back, and actually the fact that AMC held 55 so strongly & GME nudged to close at $300 is very promising.
I've been watching the cost basis distribution & AMC is firmly entrenched at at least 35 that aren't selling. Hopefully over the week, it will fill to at least 40.
This is promising for preventing the bottom from falling out.
As much as the huge gains are awesome. Some pullback is healthy for going even higher!
I’m talking about stocks trading on real technicals like Amazon that I bought today.
You can’t judge these meme stocks on anything! :-) [Reply]
