NOT FINANCIAL ADVICE!!!! As shown in This SEC 13-F filing, Scion Asset Mgmt. (Burry) currently has one mentionable LONG and its this ticker with an assumed cost basis of $6.60 and 501,360 shares... I am betting these shares were NOT purchased on the open market and were instead acquired via assignment meaning credits from selling PUTS were likely involved (for...
Just analyzing this purely technically because I like MB and as of now supposedly this is his only long holding. Now, keep in mind this is not a stock for everyone - "The GEO Group, Inc. is a publicly traded C corporation that invests in private prisons and mental health facilities in North America, Australia, South Africa, and the United Kingdom." So yeah,...
As they say, "When you don't know what to do, just copy Burry." He bought at a much higher price than where we are at now and it's at this long term support line, so it seems like a good spot to buy. I got in at $55.40 and I have two targets, a 10% gain that is around where Burry's average is from last quarter and my ideal target between $65-68. Stop is a...
I think this is a pretty clear pattern in housing prices. Past performance may not indicate future results, but I'm confident that a pattern with this many cycles and signs of instability at the right time will hold.
Might be going down I'm not sure.. Drew some lines so there should be a support down there.. Buying if it holds... Now 100% in cash OMXHEX:OMXH25
Thanks for viewing, Why would anyone be bearish on a stock that has gone up over 200% in the past 18 months? I'm just watching the chart. If you look at the chart you see some concerning trends, mainly; - Volume dropping off since March 2020 as the price increases meant the stock was less and less of a bargain. - Some rather strong RSI bearish divergence -...
Are you ready for this conversation? Rising wedge broken and being tested.. Bearish pattern.. See you at 10k suckers! I'm full cash bread.
This is how it's gonna be.. No need to track every 15 minute candle.. Play the long game... If that bottom holds then I'll go ALL IN! Not a financial advice.
It's clear as a day... Never been easier... Get rich in 2025... Or die trying..
ARKK making a strong name for itself after the Jackson Hole meeting. Are we nearing the breakout point or will we continue to see more waiting and what will ultimately happen with the ARKK index at this juncture? We will see! Good luck traders :)
The 120 level on ARKK continues to act as a very prominent level. What would you do? ARKK 120 features a prominent low volume node and now we have a chance to meet this level with the falling trendline that starts from the Feb high to the June 2021 lower high. Together these forces will meet and ultimately decision in the coming weeks. I'll let time tell me which...
I see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible. I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle. If that occurs, I will start opening position on point 3. we see 2 influential figures coming head...
We have a strong indication that BlueWave is going to give a Red Dot Sell signal soon, and it can be confirmed with the Stochastic RSI. We also know that Micheal Burry from the big short movie is shorting TLT. Adding to that SPY is close to its peak. So be careful.
There is a triangle formed, coming to a cross section in 3-4 weeks time. Either to pop-up or break down. Either way now is not the point to enter. We need to see a bounce back from bottom line and one more touch to upper line to confirm the triangle. I bet on upper break through so if the above condition met, I will enter around 109s with a small portion
Tesla - Clash of Mike Burry vs Musk.. Who'll win? Michael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter
DISCLAIMER This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. I am obviously not rich, so obviously I haven't made it with my own thinking, so definitely don't put faith in me. But maybe read and learn some things about a company's stock history and trend analysis with a subset of buyer and seller...