Active Trend Trader.25+ years.Information and opinions only,not trading advice.Chief trading strategist & moderator https://xitter.cf/t.co/XHcUZrJom3 #IBDpartner
U.S.A
Joined November 2008
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NYC Trader retweeted
SHRED NATION!!!! Wild week with a crescendo friday. All the charts have been busted and will take months to heal. BUTT we do have a mean reversion set up coming on another big wipe out after that then probably snooze.
----Lets dig into the $QQQ and what the heck is happening in the market and the watchlist for tomorrow $TSLA $MU $NVDA $AMD $PLTR $SKHY $INTC
$AMD 100 MA here has been big support. If breaks , 500 next psychological support. chart via @Marketsurge #ibdpartner
$PLTR 50 MA support here. Given so many failed breakouts, wouldn’t be surprised to see it tests 164 range low zone. chart via @Marketsurge #ibdpartner
😉 😉
Wish I could say a bounce is brewing but at this stage all bounces should be faded. $SMH panic move to 540 on watch. 500 might be on the cards though.
Wish I could say a bounce is brewing but at this stage all bounces should be faded. $SMH panic move to 540 on watch. 500 might be on the cards though.
Aging well.
New play book in this market. Short or buy puts on any random moves at hod. Absolutely zero follow . $nbis $be $mu $pltr $meta. As far as my trades I haven’t been so inactive in my lifetime of trading! No faith on anything. Few scalps here and there. Something going on under the hood. Capital preservation always first priority.
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NYC Trader retweeted
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