Watch that 140 to 140.50 break on WMT. I still have my calls from 2nd buyin at 139 support <@&895135662867619930>
If WMT breaks 140.50 I will probably sell and be done for the day <@&895135662867619930>
If i was in heavier on BBBY like other big pushes. This would be my exit point here <@&895135662867619930>
WMT holding that 50 EMA well. Looking for it to break 140.50 soon unless market turns ghey <@&895135662867619930>
Out of WMT there <@&895135662867619930>
430 to 432 is my massive resistance area on SPY based on just looking at the chart history. That combined with WMT now being up already more than 6% was my reason for selling. 141 resistance on WMT and bigger resistance areas 144/145 <@&895135662867619930> While SPY goes down WMT going up. Another sign why I went heavy on my calls this am on WMT <@&895135662867619930>
Reminder, I previously called out 15 and 15.50 support ( <#852934057620013067> ) as possible buyins on BBBY. You missed those and that 17 to 17.50 break today you are at FOMO point. These plays happen each week. Don’t be a dummy <@&895135662867619930>
VERU continues to run well. 25 recent top with 20/21.50 support for now <@&895135662867619930>
Another example of great after earnings plays. I missed it but I was watching SE on bad earnings but too busy with WMT and BBBY. was watching 86 support from pre market and they said they suspended guidance this am. This was the better play. now at 78. 86 and 84 was support and it fell through both. SPY probably helped but again looking for earning plays will help this server more and post to forums. 4 out of the 5 plays this last week has paid 30% to 50% <@&895135662867619930>
Another great area to lock in profit on BBBY. This is where greed takes over your profit. 25 is recent high from previous pump and 30 the top. If you are up 200% or 500% I would lock it in and celebrate a nice market pump or close 75% of your position. @here
People taking profit on BBBY here will walk out better than 95% of the people playing it!!!
SPY broke that 428 to show reversal and biden and then announced cancelling 3.9 billion in student debt. Maybe that is what caused SPY to jump and retail to pump stuff. Free money… SPY still 430 to 432 my resistance areas. <@&895135662867619930>
Reminder 30 has been recent top on BBBY and 25. Halts freak people out and this a decent selloff <@&895135662867619930>
SPY been calling out 430 to 432 areas of heavy resistance. Doesn’t mean buy a put because its in a decent uptrend but it’s a fair hurdle to get over. I will only trade SPY on major news for a while as these other forum plays have been paying much better. <@&895135662867619930>
Ok off for the day. Watch AMC support at 24.50/25 for a bounce maybe and its trying to break out of that 25.50 to 26 now. Maybe a small late run or just running with SPY.
AMC broke that 25.50 now going for 26 again
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BBBY - My biggest reasons for pushing taking profit in that 25 to 30 range is previous runs, look at that volume go crazy on the weekly chart for this morning, then look at the volume die when it tried to break 28 again, very low. History is best teacher. <@&895135662867619930>
Better chart with volume. Could scalp 18 bounce on BBBY and 20 resistance but close to overplaying it <@&895135662867619930>
If played the BBBY 18 support bounce. 21 good resistance for profit again imo. <@&895135662867619930>
Reminder to send out invites for our discord to others that would enjoy our community. If everyone sent out a few that would be great. You can show them how well our server played BBBY, earnings plays, and our great forums. We spend a lot of time trying to help others so let’s expand our reach. also FOMC minutes tomorrow. Read how we play them on the forums and gl tomorrow. @everyone Valhalla