Off-Topic Stock Market & Crypto Discussion

[Cryptical Envelopment]

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Not at all. I've been adding when possible and holding long term.

Right on. FYI wasn't directing that at you, was a general comment!

 

[Cryptical Envelopment]

Sorry, wasn't online. Yes, good moves if you did. I bought back a bit of my CFMS a couple of pennies higher than that already.

CFMS +25% today. Not mad.

 

[Fluffhead]

Any of yall invested in RADA? Saw it mentioned elsewhere and it looks interesting. Just added US DoD as a client for its technology.

 

[George84]

Any of yall invested in RADA? Saw it mentioned elsewhere and it looks interesting. Just added US DoD as a client for its technology.

https://www.tradingview.com/x/AV4eQBqd/

 

[Fluffhead]

https://www.tradingview.com/x/AV4eQBqd/

ELI5?

 

[George84]

It's in an ascending channel pattern. From a purely technical standpoint, when the price is in the middle of the channel, you usually don't take a position--often wait for the price to hit the upper or lower bounds of the channel before taking a position if you assume that the stock will continue with trend.

That said, I have absolutely no knowledge about the stock other than that. It could go to $1M a share tomorrow for all I know....

 

[George84]

I had a 2% stop loss so I ended up catching half of it.

Inverse head and shoulders looks to be forming on PLTR...could be a good sign.

 

[Bird4um]

Well I just lost the most ever in 1 day. Over 5% negative.

 

[Bird4um]

To make me feel better. I know guys with 2 mil in Tesla. -170k today. Now that is nuts!!!

 

[Tdvv]

Well I just lost the most ever in 1 day. Over 5% negative.

I feel your pain... that's why I went 75% cash last week. I don't like the way this market looks or feels right now. I am being very picky about what I buy.

 

[GladeCane]

Well I just lost the most ever in 1 day. Over 5% negative.

I feel like a effin genius got out of small caps last week and picked up more BRPHF. Meant to buy DMGGF today at the open, but the day got away from me- ****!

 

[Fluffhead]

View attachment 143793

It's in an ascending channel pattern. From a purely technical standpoint, when the price is in the middle of the channel, you usually don't take a position--often wait for the price to hit the upper or lower bounds of the channel before taking a position if you assume that the stock will continue with trend.

That said, I have absolutely no knowledge about the stock other than that. It could go to $1M a share tomorrow for all I know....

Appreciate the explanation!

 

[CFLCane]

Eveyone needs to be paying attention to copper and aluminum. The warning signs are flashing red now.

Welp this materialized faster than expected. Ouch.

 

[bobbo31]

This market sell off is happening at almost a year to the day from the market sell off last year.

 

[kyhurricane]

This market sell off is happening at almost a year to the day from the market sell off last year.

Sure is. My personal stock account had been rolling until today and put the 401k on a money market fund a couple of weeks ago.....think im going to keep it on the sideline for a little while.

 

[Fluffhead]

Checked this morning. Was down 5%. Had a four hour call with the IRS. Checked at close. Was down .5%. Not sure it was worth the pain of the call but not a terrible day all things considered. However, this yoyo is tiring. Contemplating taking some profits and going more cash.

 

[Bird4um]

I’m down over 3 % guess that’s better than the 5.5 it was earlier.

 

[George84]

Imagine if you panic sold at market open...

 

[AutoCANE]

Yesterday was not a banner day for my portfolio LOL. Would be nice to see less red today.

 

[Cribby]

Yesterday was not a banner day for my portfolio LOL. Would be nice to see less red today.

I’m somewhat new to the stock game but it was a blood bath for me the last few trading days.