MA

Necessary-Bag-1042

SPY rejected the 50 day MA and buyers appear exhausted. I would be very hesistant to take a long position here. IMO it's do nothing or short at these levels

AMTDTOTHEMOON

$HKD closed above MA50 and retestet it. Yesterday. Earnings were also published. It s ready to squeeze from now on!!

Dream-404

Pretty much. The Back Month expiration needs to at least be after the ER; so it can be on that day, so long as the ER happens pre-market, otherwise it should be the following day at the earliest. One thing to bear in mind is that the ER date probably won't have been confirmed at 40 days prior, so just be aware that you may have to adjust your Spread if the estimated date is completely wrong. For example CRM hasn't actually confirmed that their ER is on the 29th. Another option is to widen your bracket. You'll lose a bit of profit factor but you'll be less likely to end up with both Options on the same side of the event. It might not be a huge issue to tighten the Spread after the date becomes known. I trade a Bullish variation (OTM Calls), which makes this a somewhat directional trade. That said, I do aim for the breakeven to be below the current stock price (when IV expansion is factored in). However I don't trade these arbitrarily. Basically what I'm getting at, is that you should do some back-testing / paper trading, or simply start out with very small positions before you decide to roll out this strat, or your own variation. Not all stocks are suitable. this can be due to liquidity, availability of suitable expirations, or just that IV expansion is muted. Be sure to check out the historic IV30 chart on that website I linked. Some Stocks are simply redundant. There's no point having Calendars open on multiple Stocks that essentially trade the same e.g AMZN/MSFT/AAPL, or V/MA etc. just pick one.

Dream-404

1. It's really not the end of the world if both legs do end up being on the same side of the ER. It's simple enough to fix at little to no cost. If you'd like to reduce that risk, you could be more conservative with your guess, and have a wider bracket; or you could just wait for the ER announcement. 2. What you call risk, I call opportunity. When I place this trade I'm doing so with a Bullish assumption. Being able to make money when the stock trades flat is just a consolation prize to me. Obviously directional trading can be very hit and miss, yet with the payout you receive when you're right, you can afford to be wrong fairly often (assuming you keep your trade sizing uniform). That said, I'm not trading these arbitrarily, like I might do with a strategy that capitalizes on IV Crush. I use these when I have a strong conviction that there will be "a run-up". When I started trading Options, it feels like all Stocks ever did was "run-up" before earnings. Perhaps a Double Calendar would be more suitable for you? That's not a trade I've ever made, and my days of back-testing strategies are behind me, so you'd have to look in to that yourself and decide whether it could work out for you. One more thing worth mentioning is that you shouldn't be playing these on similar Stocks and be expecting different outcomes. If a Calendar on AMZN turns out to be a bust, the one on AAPL/MSFT isn't going to fair any better. Same with V/MA etc.

AP9384629344432

Recent moves / thoughts: - Yesterday completely sold out of CVS, added a little BTU as it dipped into the 21s (which is a bit silly). Dropped a big chunk into VTI/VXUS as usual. - Today added bit more HCC. For what it worth, I 'only' have about 5% of my total portfolio in coal (3 companies). I think the largest I ever had was maybe 7-8%? I'm actually pretty risk averse when it comes to concentrated positions in individual stocks. And how much I mention a stock on Reddit doesn't necessarily correlate well to how big my positions are... Granted if HCC becomes very cheap, I will sell out of some existing positions to move funds there. - Very strong day for small cap value - UI: anticipating one more bad earnings print and then I'm quite happy - TSLA forward P/E now up to 80 as earnings estimates come down... Earnings season sucks sometimes because it's so unpredictable. You can do all the DD you want but ultimately you have to just guess if a company is thriving or not. After the fact you can come up with all sorts of post-hoc rationalizations, but many of those reasonings applied in previous quarters too when the earnings were great. E.g., consumer is tapped out is something I have heard since early 2022... it's now mid 2024. So that excuse for some of the fast food companies didn't really work until recently (and still hasn't, e.g., for Chipotle). ## CVS Yesterday had sold completely out of CVS. The more I read about why the numbers are so bad, the more I think the company may just be uninvestible. The bull case about CVS is its non-retail segments (retail is and always will be a disaster long term--see WBA, RiteAid, et al). The 70B - 80B Medicare Advantage business was supposed to be a major cash cow in the future for the company. Instead, the medical benefits ratio is skyrocketing, from 85% to over 90%. (Meaning 90% of the revenue from premiums is going toward healthcare costs). The federal government's CMS (who sets the premium rates for these MA plans) pays CVS for administrating the plans, and is now refusing to raise rates. So the MA business is stuck being unprofitable (-3 to -4% margins) for the near future. Oak Street/Signify are likely still loss-producing. Don't care if the company has a near term bounce or if the CMS suddenly becomes extra generous or something. Right now, based on the data I have, this is a low quality company and I don't want my money sitting there. (The dividend payouts were pretty chunky though)

Natrix31

We’ll have to see what happens when all the young and healthier baby boomers become MA eligible, but agree about what you’re saying. People are living longer due to modern medicine, and keeping them alive is expensive no matter who the payer is. Something will have to give, I don’t think denials are the answer as that’s just asking for more regulation. I imagine CMS will have to increase their capitation or make some risk adj updates.

DrDoritosMD

Even using basic technicals, SPY is currently in a confirmed daily downtrend. Timing the bottom is near impossible, but waiting for it to confirm a daily uptrend would certainly net better RR than simply buying in randomly. The bottom is also probably the weekly 20 MA, or the weekly 50 MA. (See SPY throughout the past 2 decades for justification)

ApostleThirteen

It IS legal to import from Canada... Florida is one state thatb has FDA approval to import prescription drugs from Canada, and the DEA has granted Tilray/Aphria import licenses previously (for research). I've read that Tilray produces a gram of GMP-compliant bud for under $0.60 USD. If some states med program were disrupted (like how CURA pulled out of MA and was a med supplier), and needed product to supply the sick, I could EASILY see it happening, as so far, there is no interstate trafficking allowed. Another case where it would be probable is if FDA required ALL medical be produced at ISO/GMP standards, which not every MSO has, and it's likely they will be compelled to comply, cuz that's the laws on making medicine in the US.

ToastyBoyxd

QQQ is going against 5m 50d MA at 424.64 15m 50d MA at 424.80 2H 50d MA at 425.80 4H 200d MA at 425.79. Rough

TheOnlySafeCult

somewhere out there, exists someone who bought puts on MA and NVO I want to copy all their regarded moves. cuz I'm clearly never gonna make money doing what I'm doing

AtomicBlondeeee

Just buy long dated calls when the SPY hits the 200 d MA and sit back. And stop fucking around with meme shit.

elgrandorado

$MA From Barron's: Mastercard reported first-quarter adjusted earnings of $3.31, beating Wall Street’s call for $3.25, according to FactSet. A year ago, earnings were $2.80 per share. Net revenue of $6.35 billion was roughly in line with the $6.34 billion analysts had penciled in. The year prior, revenue was $5.7 billion. “Our momentum continued this quarter, as we delivered strong revenue and earnings growth powered by healthy consumer spending, strong cross-border volume growth of 18% year-over-year, and new deal wins in every region,” said CEO Michael Miebach in the earnings release.

Javardo69

Its useful to know if its better to go long or short on the market. When it goes below an MA and goes back up, especially if its a sharp move, go long, the other way for short. But its all market context, not purely just price action.

Decent-Ad-4358

What a waste of time, nobody can buy options for it before earnings. Good luck though, I doubt it moves much TBH, maybe 3% up/down , there is not much surprise involved in MA earnings calls

BlackBastado-2124

https://www.instagram.com/reel/C58erDcLj2j/?igsh=MXBrczkyZGJ2NGI5MA==

SeaofSounds

Cambridge, MA......

Mitraileuse

MA calls tomorrow?

NRG1975

SPY hugging the 20 MA

ErinG2021

MA chart looks bearish going into their ER. Sitting out their ER. MA usually exceeds expectations and should benefit from high transaction volumes but chart and momentum are concerning.

jeffadventure

That's the 50-day MA acting as resistance, not the 100

PZABOSS

This. Unless you're DCA'ing, stay away from anything below the 20 week MA

HauntingArtichoke830

They mostly do but different weighting. But also technicals is slightly different cause S and P got rejected at the 20 day MA today but the QQQ still has another percent to go before it hits it.

nassau_rip

They are almost non existent in Ohio, no NY, no IL., MI, MA, CA (although Cresco slimmed down CA they are still operational in the state) The two have very little overlap minus FL, PA.

find_your_zen

This worked great for me for about 3 weeks, never in right at open, watched for bounces, watched MA10 and RSI. Used my day trades, in under 30 with 0dte calls and it kept shitting. The green volume bars were somehow RSI muted or something. It just kept going down. My cocky self had 50% of my portfolio eviscerated that day.

Many_Departure1816

put on AMD to 144 👀 maybe it will go more down if it won't bounce up on 200 MA

ErinG2021

Calls on MA. Consumer is still spending. Consumer starting to be stretched will show up more clearly Q3.

NRG1975

Cause 0DTE was printing the week prior. It is not that bad when you walk up 30 percent. However, none the less, i am getting roasted on 0DTEs, and in SPY in general, long game(Weeklies) and short game(0DTEs) is a night mare right now. The future does not say shit of where we are heading. 200MA is flat.

NoSignal1411

I’m thinking MA calls, anyone else?

TheYoungLung

If I want financial exposure I’m buying either MA, V or AXP

ListerineInMyPeehole

My name IS YILONG MA

indielib

Nvidia finally above 20 day MA

breakyourteethnow

So VIX bouncing off of 50 day MA? I don't follow TA but saw that one on Fear and Greed Index like that's not good and here we are dumping. I hate you VIX.

NRG1975

SPY appears to be respecting the 200 MA

NRG1975

SPY 200 MA crossed 20 MA at 730a, trending up. SPY price is currently above 20 and 200 MA.

shadowmastadon

May I ask, What is 50 day MA?

Mhipp7

Have been investing for 40 years, retired early. Take a history lesson & look at DOW, S&P 500, NASDQ charts for as long as they have existed. The scary times are small blips on overall chart. Start early, max out your 401K, save at least 10 to 15% every year in index funds & increase when you get raises. Take automatic savings post tax also to reach 15% & have an emergency fund so if you need to look for a job you have time to find the right opportunity. Doing this will help you sleep at night & you will never have to stay with an employer who doesn’t treat you right. If you have an interest in individual stocks start with 10% of your portfolio. Realize some high flyers will tank so sell half if it drops below 50 day MA & the rest if 50 drops below 200 day MA. Read IBD if you want to keep learning about how to out perform. You can beat the market but it takes a lot of time & effort.

Key-Tie2542

Professional Investors seem to be thinking "anything but bonds" right now, which could take a 180 extremely fast if signs of legitimate recession appear. But if the Fed is too quick to "save the day" the way they seem to be programmed to do, then I don't personally see even a recession fixing the inflationary problem, which is fundamentally too much money and too much spending. We need the removal of money from the pool, which would require either a) major QT, which the Fed already said isn't going to happen; or b) massive defaults and bankruptcies, which would effectively erase debt and money, which itself will only work if the Fed doesn't intervene. In the second case, Treasuries are the only thing that is safe, since stocks will fall hard. But if the Fed allows a "no landing" inflationary decade, long-duration Treasuries are about the worst play one could make. Most the obvious "quality" stocks are already at extreme valuations, like MSFT, COST, MA, and whatever else. Nonetheless, I think the best play right now is something like a hedged SP500, a chunk of T-bills, perhaps some CSP (T-bill secured puts) on decent stuff at low prices.

Own_Drama_3083

IBKR, the adaptive order type basically means 8.5 or better but instead of something like a “limit/market if touched” order you leave it up to IBKRs algos, tbh its usually not that much better. To get my sale at 9.85 I canceled that adaptive order and waited until EXPO started running. The only time I find it helpful is when I’m in a rush and the bid/ask is moderately wide (eg pre earnings options). For very illiquid options where the bid might not even exist it usually gets confused and gives you a bad fill, for those I’d recommend setting the bid manually until you are filled. Those lines are just bbands and moving averages, one trick I learned is if your chart doesn’t show you quote midpoints and only trades (it will give you a choppy chart like most options) you can set a MA line with period 1 to follow the quote midpoint instead of trades, then you can see where the option price moves. Maybe that’s only an IBKR issue tho

TendieTrades

TWMJF BEFORE Carl Icahn bought in and it skyrocketed. Now CGC and underperforming. BA. When the third max had problems long before the Netflix documentary came out I told a fund manager he should short it. (The guy used to be a “friend” I coached). He told me that would’ve been one of the best trades but wouldn’t ever hire me, help me or let me intern. He can go climb a rope and hang himself. My very first stock pick of my life was V around $85. I don’t want to buy blocks of less than 100 at a time and I never did. Wouldn’t buy on margin and still won’t use margin. My life is entirely fucked. This is just a few stocks. TNDM long ago. If I had a father that wasn’t a worthless white trash piece of shit who had put $1000 in MA when I was born and left it my life would be substantially better. But poor white trash is always going to be poor white trash and stupid, even though he was a high paid exec at Intel in the early 1990s. I could go on and on. I was interested in BTC way before stocks, I have a position in BTC, but it is pathetic and was a test. Best performing asset I own. Scared money doesn’t make money and poor people definitely don’t make money so FML.

moetezkb

So what i think is : PARA (calls) PAA (calls) MA (calls) DASH (puts)

Bennylegend

Rejection at the 20MA, downside target 4800? That would be wild tbh but unlikely due to excessive dip buyers

AtomicBlondeeee

I don’t blame you. Just put it in a money market account until we hit the 200 day MA and pop back in That’s what I did for 80% of mine I also have puts

Xabder

I did not say I ONLY invest in companies that can competitively reinvest all their earnings. I said, I'd prefer to invest in a company can invest all of its earnings at a competitive rate, I do not invest exclusively in companies without dividends. I'm not that inflexible if you want to characterize me in that way lol. I invest heavily in MA, ZTS, CP which all pay dividends. I also invest in FTNT, FICO, and MNST which don't pay a dividend. I don't think there's much to argue about here. I think a 2 trillion market capitalized company will have slower growth, this is a mathematical fact, and their dividend is a sign to me that their ability to grow is slowing per their size. I think it's unlikely a shareholder will get 100x their investment in google and that's why I won't invest. I could very well be wrong and I'll have to live with that for the rest of my life lmao.

MrCouncilman

NVDA rejected 200 MA

Substantial-Dog775

Its close. That’s where the 20 daily MA is sitting at. Well get a pullback to vwap for safety and then we need to wait for the 5MA to catch 👍

Substantial-Dog775

20MA sitting at 510

Spins13

Tech in general, not necessarily. However when you have high margins, ROCE and that you reinvest lots of the cash you print into investment and share buybacks, that is the recipe for strong compounding. The scalability of software helps a lot. You don’t need many employees to operate Facebook, GOOG search or the MA payment network compared to the huge amount of $ they print

onDetop

MA to 560

Mauser-Nut91

It’s also well below its 50d MA. I think a strangle’s a better play here

OldAd4526

The second NVDA hit it's 50MA I went short and 1 minute later it flew right through it Smh.

GP1294

9 MA crossed 50 MA on the daily 4 candles ago. Likely green tomorrow and bounces south at close. Just my guess

GP1294

Trading in an identical pattern. Both with short term MA crossing long term MA. Idc if Im wrong, blowing up my account or retiring in Fiji ✌🏽

UtahItalian

This kind of pattern forms after a bullish trifecta fades into equilibrium, the post affect on the 1 month MA will increase volatility

UtahItalian

The fading flag will be evident in after hour trading as the 10 y MA approaches equilibrium

dekusyrup

What's your problem with New Hampshire? lol. "US Stock market data used in my book, Irrational Exuberance [Princeton University Press[BS1] 2000, Broadway Books 2001, 2nd ed., 2005, 3rd ed. 2015] as updated are available for download below. This data set consists of monthly stock price, dividends, and earnings data and interest rates and the consumer price index (to allow conversion to real values), starting January 1871. The price, dividend, and earnings series are from the same sources as described in Chapter 26 of my book (Market Volatility [Cambridge, MA: MIT Press, 1989]), although now I provide monthly data, rather than annual data. Monthly dividend and earnings data are computed from the S&P four-quarter totals for the quarters since 1926, with linear interpolation to monthly figures. Dividend and earnings data before 1926 are from Cowles and Associates (Common Stock Indexes, 2nd ed. [Bloomington, Ind.: Principia Press, 1939]), interpolated from annual data. Stock price data are monthly averages of daily closing prices. The CPI-U (Consumer Price Index-All Urban Consumers) published by the U.S. Bureau of Labor Statistics begins in 1913; for years before 1913 I spliced to the CPI Warren and Pearson's price index, by multiplying it by the ratio of the indexes in January 1913. See George F. Warren and Frank A. Pearson, Gold and Prices (New York: John Wiley and Sons, 1935). Data are from their Table 1, pp. 11–14."

Sharkkboy6

Tesla is over 20 MA, were bullish guys

soundsofshade

https://oilprice.com/Latest-Energy-News/World-News/Permian-Basin-Dominates-US-Energy-MA-Activity-in-Q1.html good news for us/q1 earnings?

creedthoughtsblog

Monday MSOS touched the 100d moving average and bounced along with yesterday. But 50d MA (just little over $9) will provide a little bit of resistance But of course all these MSO’s are stuck on a shitter exchange so technicals don’t really mean much IMO. Which is why we will continue to see LP’s bounce even though most of the catalysts are coming primarily to benefit MSO’s

twowhitedots

Today we have strong up volume 4.78M (about 2x avg. 200MA volume 2.4M+) and was the largest volume since Mar 28th last month. From the 13F filing, you could see more institutional actually reduced and closed their holding today with couple of very minor buy volume after. We do need larger buying volume from institutional to support this price action. If it was just retail volume, then this uptrend wont' last long. As long as it stays above peak volume (e) $18- $18.15, then it will target resistance(3) $22.70 - $23 after breaking above resistance(4) $19.60

wearahat03

I think to have a fair comparison, you would need to compare entire banking industry to credit service industry. You have essentially 3 major credit service companies - V, MA and AXP. MA and V combined profit is 29B. AXP's profit is 9B but they collect interest as well, so they overlap with what banks do to earn money. There are a ridiculous amounts of US banks alone, then foreign banks. Foreign banks use V or MA as the payment processor, so V and MA's 29B profit is global revenue. If you add up just the top 10 banks listed in US, net profit is almost 200B. The combined profits of Japanese banks alone, or Australian banks alone or Canadian banks alone are equal or greater than V + MA profits. He's right that banks make more money as an industry overall. V and MA appear to make a lot of money because there's only two companies for the entire western market. Japan, Australia, Canada, UK, US, European banks etc issue V or MA cards

wearahat03

In this scenario, you could split between them. They are basically the same so you're reducing your risk. I can't think of any other companies that are as identical as V and MA.

Elephant789

Visa or Mastercard? Or not much difference? I've noticed that there is more discussion about V than MA on here.

reignmade1

Banks make some of the money charged to merchants for every transaction. Visa and MasterCard come from banks that are part of those networks, the group of banks that created each card or participate in the group of banks that issue it. Capital One and Citi issue MA, JPMC issues Visa.  When you pay for something a percentage of the purchase price comes is paid to several organizations facilitating the purchase; the payment gateway, the merchant bank, the credit card network, and the bank that issues the card. 

elgrandorado

Well that's the trap that banks fell into. They figured making more money on the transaction than the payment networks would be great. V/MA make very little compared to the banks per transaction, the problem is the banks on either side assume most of the risk. His statement is correct in isolation. Banks make way more than the payment networks per transaction. Difference is the payment networks run all transactions around the work, irrespective of banks.

jbvcftyjnbhkku

I’m a long term V and MA holder :)))

Desmater

Not bad to own V, MA, AXP and COF with DFS acquisition.

ShadowLiberal

Them and MA are both great bets.

elgrandorado

Secular tailwinds around the unbanked in LATAM, Africa, and Asia should also provide lasting growth potential for V/MA as well. They're really hard to knock as businesses from any perspective.

elgrandorado

Really solid results from V. Hard to deny the strength of the payment terminals, and should be a great sign for MA.

AluminiumCaffeine

MA/V are arguably the best businesses/business models on planet earth maybe ever - a tollbooth on the global economy moving money around that naturally grows with inflation/volume. Barring government regulation I dont see how they dont just keep winning.

datcommentator

One option is to hold a more diversified portfolio, including some solid blue chip stocks like MSFT, CRM, MA, WM, CRM, IQV, BRK.B, JPM, TJX, TGT, AMAT, and ASML.

BarRepresentative653

MA doesn't require anything but a passport from whatever bumfuck 3rd world country to give you a license. Guess how many of them are doing Uber eats and Uber.

LossKing76

Looking for a SPY gap and run. Need to re -test the 50 day MA ($510-ish) before any confidence in a larger pullback can be established. I'm call biased this week.

elgrandorado

I am very interested in seeing V earnings tonight due to my stake in MA. Let's see how that settlement for $30 billion across five years will affect earnings guidance. There's additional legislation in the works that mirrors the tri-merge/bi-merge credit decision to try and get banks to accept more than one payment network. I don't think further legislation will hold up in court domestically.

Naiyakin

dude fuck the other idiots here saying your stuff is bunk; you’ve obviously got sense. Can I ask what indicators you use on your TradingView chart?? I see the one we’re most paying attention to here is a 112 day MA and the McClellan thing. I’d like to be able to recreate this sort of analysis on my own. Teach me sensei

questar723

Yes. 200 MA is right in the middle of this range. Hopefully it goes up and down between 495.70 and 498 all day

Bennylegend

Off to the 100MA we go at 492

ItsyBitsySPYderman

SPY just casually bouncing between the 10 MA and 50 MA on the intraday

Kind_Initiative_7567

A deeper retrace can put this back to the 200 MA around 420. If rates won’t cut this year, this eventually is quite possible. I really hope not. Need mortgage rates to come down, am in the market for a house

WhereIsMyYacht

if we break above 5000.9 on futures (100 day MA) GGs easy 2% up day

GingerStank

Man if we hit MA200 tomorrow I’d be sooooo happy

NakedPatrick

We gotta hit that 200MA on the SPY yet

chuck_portis

How many times did the S&P500 dip to its 50D MA and then recover? If you don't have that data, how can you say: "And when it does that, the index often goes on to drop at least another 5%" You've presented no proof that is the case. All you've provided is 3 examples where it did happen, without the context of **how many times it didn't happen**. Go fix your work sir.

thezenunderground

What is you guys buy price for NVidia? Part of me thinks we're gonna test the 200 day moving average(600), but another part of me thinks we'll turn around at 680, the previous low before earnings, and the 100 day MA.

surreel

Personally, I would recommend using the futures instruments, so /NQ for QQQ and /ES for SPY. I do all of my trading of swing shares using the futures as a general guide. For example, on /NQ we are sitting at an anchored vwap that is from Oct lows. Now, I have confluence and see that AMD is sitting just above its 200MA. Does this mean the market will bottom? God no. But, it gives me an area to build a position in case I have extra cash. Rather than just DCA’ing all the time. However, DCA’ing is still a powerful tool. In this most recent drop, I was able to avoid the now 10% decline and just recently started adding shares.

CaptainDorfman

My guess is a tepid bounce followed by another leg down. It’s still way above the 200MA so it has a lot further it could fall and still remain constructive, just setting up for the next leg higher. Long term I think it has further to run, but it went up too far too fast

zxc123zxc123

Is it even time to "buy the dip" when it's barely even a dip? We're like <5% off ATH for SPY and still a ways away from 200D-MA. It's barely a dip and I'm surprised that WSB is at the "suicide" point where it's "I have been seeing the worst posts with the slump recently" like OP mentioned. My portfolio isn't even down that much. I think it's mainly folks playing with short dated options running momentum plays, RDDT/DJT baggies, and idiots going overboard buying AI/Chips calls who are getting btfo. TL;DR Small toe tip for me since I think it's a small dip. WSB overreacting to it because they over leveraged, played with options/fire, and bought at the top like idiots per usual.

housemouse431

monday i do believe we cont selling hard (which sucks) but a true reversal where we have seen buyers step in has not occurred yet. monday- drill and likely close a little below 490 tuesday- open red go to like 487 and this is likely where buyers step in and start a mini rally wed/thursday- relief rally cont to 515 friday- red day again Earnings should add a little wind to the bulls sails but the market is recalibrating to the fact that there will be no interest rates and I think the 200d MA is where end up (like 470-475) 

Revolutionary-Tap378

The tech sector may fall into a technical bear trend. It is definitely a minor correction for the SP500, but things may get worse for Nasdaq. Dow and Nasdaq moving in opposite directions on Friday is a key indicator, which is nothing good since Nasdaq has approached its MA120.

BlackBastado-2124

Okay, i guess the spy and QQQ might also test there 200MA. We shall see

andytobbles

QQQ will prob be a buy after another week or two of red, I’ll scoop calls off the 200 day MA

Better-Butterfly-309

Dude APPL is due for a bounce, it’s below or at 200 MA

Megaloman-_-

It had already flattened starting early March, to the point that April 4-12 it had been testing constantly the resistance level at the 50MA. Broke down this level. Today it just closed at the the 120MA level. Hopefully we find a bottom soon

big-rob512

Wait till like 400, QQQ pulls back pretty hard when it does if you holding below cost basis I wouldnt worry too much either. I'd buy AXP, MA, ARCC debt, and BDCS gonna do well with higher for longer.

DieCastDontDie

25 MA is catching up, If it bounces over 496.5 bools win again.

Kind_Initiative_7567

482 should be strong I would think - watch out below. 200 MA is around 420 😱

Bennylegend

We going to the 100MA I guess

BasicWait2

200 day MA holding the line like crazy

Winter_ls_Coming

V, MA, KNSL are my favorites.

Ok_Win_9037

Definitely breaking below 490 tomorrow, MA(10) crossing over MA(50) while MACD falling below 0, i got faith in you OP!! I can see it hitting below 470, break me off some if im right so i can get back into trading, my family messed with me and i just couldnt trade properly, but just judging how its set up looking like its gonna drop followed by confirmations, unless ppl decide to buy it up tomorrow i can see it taking a huge downswing, thats how its setup to do, but i could be wrong. Ima prolly jinx you on this and im sorry