Nov 7, 2024
Started shorting this stock, expecting atleast a 15-20 point move into this one. Just stick to fundamentals in trading, Bear flag
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Started shorting this stock, expecting atleast a 15-20 point move into this one. Just stick to fundamentals in trading, Bear flag
Another potential swing am watching which can give us 8-10x in returns, watch for a swing idea on this one soon, à la #CVNA type of move
A potential trade for us this coming week to see if this reacts to the supply above, move should be good, want to see if this can give us a double, will be loading this soon. Will post the updates as we make progress on this one.
Very hard for us to make money off bearish moves these days, but we took a shot, does it pay ? Rejected at the 200ema, dropping off a bear flag move. Lets see.
For our swings we look for some level of continuation in them similar to how we saw in #TSCO #CVNA #V, this gives us more room to wriggle on plays & manage risk, we can get plenty of one or two candle worth moves, but anything which has a continuation works out very well.....
Found another gem, looking to see if it can give us a nice entry sometime later today.....this is looking super good so far. I need a good entry, this is going into my list for the Oct swings, this has a good 15point move.
Another swing I found, we have close to 11 points on this one. I will share the image once it gets updated here.
A deficit of $-0.05 per Share at CVNA amid the financial period closing December 31 2023 https://csimarket.com/stocks/news.php?code=CVNA&date=2024-02-23120628&utm_source=dlvr.it&utm_medium=tumblr