Message boards are useless. If you can't make trading decisions yourself you have no business being involved in the stock market.
It looks like the first move in TSLA is back to about 175. After that we get a pull back and then koolaid drinkers take this one to new highs at 225
People think technical analysis is hocus pocus. The truth is classic technical analysis like using 50 and 200 day moving averages or buying when the stochastic hits 20 and selling when it hits 80, not lo longer work like they did 30 years ago. people that use this garbage will lose money. There are technical concepts that are useful and can make smart traders money but psychology plays a big part in trading. TWTR was a perfect trade. theres no guess work in this if you know how advanced technical analysis works.
Stocks like this one PLUG seem to run once ever 3-6 months as the pump and dump cycles hit these stocks and traders and lemmings pile into them. PLUG probably has more upside to 3.50 tomorrow on a gap up as many people shorted this one and they will need to be squeezed before they let anyone make money on the short side. We trade all these low priced big board stocks for a living.
Strong stocks usually close within .10 of their high and then gap up the following day. Short sellers that cover on Fridays usually cause this along with lemmings that by based on reading pump articles like the one released from seeking alpha.
We trade all the low priced stocks. We capture the big moves and get out before the crowd starts buying and gets screwed. You can already see the bash articles coming in today after the stock spiked.
I shorted this pig at .38 and covered at .33. It was a nice trade but the fact that they let it close at .35 means this is gonna gap up and rip tomorrow.
Homedepot always has sold grow lights. They are called High Pressure sodium and metalhalide.
They only let these turd stocks like plug go so far and then big pull backs must occur to allow of another potential move higher. We traded this one for big gains in the chat on the long and short side.
captain ray traders trader these stocks. They don't give a #$%$ what the stocks do or where they go. They just see which way a stock is going and get in before the idiots start entering.
It's only a 3 million contract. It already added millions upon millions of dollars to the market cap.
The shorts had a nice bear raid in the after hours today taking it down .50. It most likely will have a small gap up and then more selling tomorrow.