Strong market, strong XBI, weak APLT. I believe this can be the beginning of the reversal back to reality for this stock back to $40 or lower.
*Speculation burns
**Short
I was short for a while and missed the second and more recent drop... but I actually like this retail giant at this price/valuation/cap ($36mm... that is free). I like that it dropped back to its stagnant price of 2019, but did not break lower. Under a dollar will start to scare me... I see no reason not to use this stock as hail mary money and risk what you are...
With the standard rebalancing and leveraging of these products, you cannot use the DRIP technicals to find reliable trading points. CL1 is nearly a flat line, while DRIP has deteriorated downward (as it is designed to do). I am willing to sacrifice some of the profits for wishful thinking to break out higher.
*I am still long
**Stops around 88 and 86
***Might...
The data is positive, but seems like an overreaction for a small and early stage trial. Watching the chart and will enter a short in the future, at what level is difficult to say. I like the gaps down, however it is more likely to bleed lower versus dramatically dropping. XBI is nearing all time highs, this is a high beta stock, so the correlation will not be great.
Goodness... I completely forgot we live in a brick and mortar discount store world... Can't argue with the changes they have made, however way too much way too fast. Straddles are probably the best way to create a value in your portfolio. I see zero chance this is at the same price in 30 days, whether it goes to 2 or 20 is irrelevant.
*I am short (getting...
I still like this unicorn to be long, but... yeah I can see this pulling back significantly. Ignoring MS analyst and valuing this at 110 in one year. I like the bounce off this MS dip low point and stay within the general trend lines. If we close below the 132 area, I will have concerns until I can find support levels and do not believe the trend lines will hold....
I enjoy trading DRIP and I believe long term, oil is worth less than today. ESG is a movement that will continue, especially when it comes to China and India's eventual and inevitable higher participating in the space. Day trade DRIP, but do not hold. The issue arises from the cost to roll the futures and the cost to leverage the future or ETF into a swap that...
First of all this "exaggerated" fall was technically needed, but had nothing to do with technicals. This was 100% from a MS analyst rating the stock underweight, BUT raising guidance from 100 to 110. Less important, but do not forget to watch volume. The volume has been interesting IMO, the math of will obviously put volume and price at a closer notional. However,...
WIth Warren and Bernie fading a bit, Bio/health have jumped nicely. Too much too soon IMO, at the minimum a short term pull back is coming. I am hoping we can become more range bound in the technicals and return to cyclical trading between 78 and 87, this type of cycle is great IBB and XBI, however getting caught when it breaks down can hurt! I use XBI has my...
MYGN has been a player for a while, large company, with actual earnings, however litigation and companies are generally a bad thing. "healthy" enough of a chart for me to participate, but I will not have much patience to the downside, stop in place.
**Long this last collapse, limited in size... confidence is enough to buy, not enough to bet the farm
40% down since the unicorn IPO... It is not ready yet, tough to say when Space Travel will be ready to pop. For right now, I suppose a gradual add over the next decade will get you to a super unicorn valuation if you trust Richard Branson to beat Elon Musk. This is a fun stock that has been a massive loser.
**accumulating a position... wasting capital and money
Decision time for RUKU to break out of a long term trend higher or to return to its bounds. The acceleration of the price after the last drop was "appropriate" IMO, however this is still a company that loses money and is in high and ever growing competition. Tough spot to make a choice, I wouldn't hate a straddle... however this strategy is expensive.
**Unicorns...
Beat up, but has reacted "well" after the massive drop. 20% in a couple weeks time. No stop currently, but will begin using them soon. I think the risk/reward is in the favor of going long for a company that is reasonably sized and could be a potential buyout target (wishful thinking)...
**I am long - happy trading
Even with the fear of biotech companies flying high when they have successful trials, I like the short today. This is a preliminary study that provided very positive news, however the long term price deterioration of the stock points to a pullback and setbacks. This is speculative, thus good luck trading! Great open if you were long!
I like the very short term trend lower, however this stock has very positive news in the pipelines. Be careful and use stops when shorting this stock. I like using a stop in the 90-95 area because of the very large swings and I am willing to risk gains for another move lower. I still beleive this is an overbought bounce that should find a home lower than the...
