One of my new years resolutions is to stop going back to the well on trades that I flipped for profit. I made money on F and am leaving it alone this time around.Jeez. I go out for an hour to pick up my car from service, come home and F is up 12.5%.
Tomorrow, Ford will be reporting Q4 and yearly sales. If it is anything like GM just reported today (-43% sales year/year), this could be a short opportunity.
Sometimes I am talking (posting) thoughts out loud.. looking at GM chart today, it recovered the stock price on the news and then some.Jeez. I go out for an hour to pick up my car from service, come home and F is up 12.5%.
Tomorrow, Ford will be reporting Q4 and yearly sales. If it is anything like GM just reported today (-43% sales year/year), this could be a short opportunity.
Damnnn. I bought 100 @ just over $4 right after covid still have them, wish I’d got more obviously lol.I really want these shares back.
(Jan 2021)
01/13 FORD MTR CO DEL COM You Bought 1,400 @ $9.285
01/13 FORD MTR CO DEL COM You Bought 2,600 @ $9.29
Anyone in it for a trade would have sold up 100% anyone in it for the next 5 yrs it's a meh. The only movement I care about is the occasional earnings report that outperforms because they are executing. SHort term trend is broken, markets love affair with metaverse currently on hold. Can't help to look at highly volatile positions sometimes but to be honest there is zero reason to even be looking at a position you bought for 2025. And if people wanted to get rich quick and didn't sell a 100% move then I don't want to tell them.
It *should* hold this level in the high teens. I would be comfortable starting or adding to a position at $18. But this is a size stock that it could be $13 in a flash so people need to size accordingly. It is under 1% of my stock portfolio, someone goes and loads up something like a 20+% position then they better have a stomach for some serious volatility.I missed 100% but sold it in pieces on it's way down for like 30%
What's a good buy back # for a trade, or is that pretty much unknowable with something like mttr right now?
It *should* hold this level in the high teens. I would be comfortable starting or adding to a position at $18. But this is a size stock that it could be $13 in a flash so people need to size accordingly. It is under 1% of my stock portfolio, someone goes and loads up something like a 20+% position then they better have a stomach for some serious volatility.
I missed 100% but sold it in pieces on it's way down for like 30%
What's a good buy back # for a trade, or is that pretty much unknowable with something like mttr right now?
Personally, I have had my eye on the 200D MA (currently at 17.45). You've also got an ascending support trend line sitting just under that at about 17.35. (TL from 13May2021. This zone is a (safer) place for entry, however, as Blazin said this can get blown out and hunt for lows. It recently had a ton of liquidity support sitting at $20 but got blown away quite quickly. Since giving that up yesterday, we have basically legged down to the current $18 level.It *should* hold this level in the high teens. I would be comfortable starting or adding to a position at $18. But this is a size stock that it could be $13 in a flash so people need to size accordingly. It is under 1% of my stock portfolio, someone goes and loads up something like a 20+% position then they better have a stomach for some serious volatility.
Never forget....Personally, I have had my eye on the 200D MA (currently at 17.45). You've also got an ascending support trend line sitting just under that at about 17.35. (TL from 13May2021. This zone is a (safer) place for entry, however, as Blazin said this can get blown out and hunt for lows. It recently had a ton of liquidity support sitting at $20 but got blown away quite quickly. Since giving that up yesterday, we have basically legged down to the current $18 level.
Be cautious.
My few dozen shares of GM and my additional 3% overall of boomer funds are trying to hold the dike.Its a good day to be in Boomer stocks.
My gut feeling is you are going to be seeing more money leave stocks with sky high valuations and rotate into stocks with less sky high valuations. All those stocks no one wanted to buy last year that produce $10 or $15 dollars of EPS are looking a little more tasty about now.Fucking A. UAL up 5% since I sold Thursday.
Although with today's close PYPL is now .3% below what I sold it at.