USA Stocks discussion - Part 3

[stanlawj]

 

[d9_lives]

This week, MU is the main dish.
I think they'll beat everything but offer weak guidance.
Others are eating micron's lunch in china.

 

[Trader11]

This week, MU is the main dish.
I think they'll beat everything but offer weak guidance.
Others are eating micron's lunch in china.

Not surprised. The general market trend is in correction.

May I know how you know others are eating Micron lunch?

 

[Trader11]

NU is being suppressed by the general market correction. When trend goes up, NU is likely to clear the overhead at 13

 

[d9_lives]

NU is being suppressed by the general market correction. When trend goes up, NU is likely to clear the overhead at 13

Added more calls. I have 89 calls now, expiring in Oct. It can't go tits up.
Something something about AI and fintech.

 

[Trader11]

Added more calls. I have 89 calls now, expiring in Oct. It can't go tits up.
Something something about AI and fintech.

Have to wait for big boys Fidelity Contrafund to accumulate finish their position first.....

 

[aurvandil]

 

[Trader11]

Have to wait for big boys Fidelity Contrafund to accumulate finish their position first.....

NU support power lah

 

[d9_lives]

NU support power lah

How do u feel about SOFI?
My NU and AFFIRM stonk through the roof but sofi is still meh....

 

[Lè Crayons]

What crash... Nvidia upz to the moon liao

 

[Trader11]

How do u feel about SOFI?
My NU and AFFIRM stonk through the roof but sofi is still meh....

My opinion:
- Personally, I don't consider any stocks with RS below 90 in bull market. Why pick this when there are NU (RS 95). RS 99 means the stock beat 99% of the rest of the stocks.
- SoFi has RS 16.
- Multiple overheads to overcome
- Fundamentals look attractive but technically unsound at the moment.
- If NU is crawling up well, and I own SoFi, I would sell SoFi and add to the winner NU.

 

[Trader11]

Why listen to gurus when you can learn how to read charts yourself

 

[d9_lives]

My opinion:
- Personally, I don't consider any stocks with RS below 90 in bull market. Why pick this when there are NU (RS 95). RS 99 means the stock beat 99% of the rest of the stocks.
- SoFi has RS 16.
- Multiple overheads to overcome
- Fundamentals look attractive but technically unsound at the moment.
- If NU is crawling up well, and I own SoFi, I would sell SoFi and add to the winner NU.

I am betting on the wrong horse.
NU just small position and bagholding tons of sofi. Fml.

 

[Trader11]

NU -> Looking for SQ type of movement

 

[elvintay07]

My opinion:
- Personally, I don't consider any stocks with RS below 90 in bull market. Why pick this when there are NU (RS 95). RS 99 means the stock beat 99% of the rest of the stocks.
- SoFi has RS 16.
- Multiple overheads to overcome
- Fundamentals look attractive but technically unsound at the moment.
- If NU is crawling up well, and I own SoFi, I would sell SoFi and add to the winner NU.

Yandao ex hedge fund investor, Dan Takahashi say cheong rsi low one. You chase high then correction game over liao

 

[Trader11]

Yandao ex hedge fund investor, Dan Takahashi say cheong rsi low one. You chase high then correction game over liao

Bro, I am not talking about RSI....lol

 

[mooseolly]

I've sold 34 puts micron and 10 arm . I hope I can escape in time.
Bought 10 more calls NU.

Wah Micron after hours not looking good.

 

[Trader11]

Wah Micron after hours not looking good.

What matters is during market hours.

CNBC create negative news about MU. Interesting. See the reaction tonight. Sometimes big boys shakeout noobies before making the big moves.

 

[d9_lives]

Wah Micron after hours not looking good.

Yep. My short puts might expire worthless tomorrow
If it drops further, I don't mind getting assigned at 129-131.

Told yall, micron will beat everything and offers weak guidance.

 

[stanlawj]

Yep. My short puts might expire worthless tomorrow
If it drops further, I don't mind getting assigned at 129-131.

Told yall, micron will beat everything and offers weak guidance.

According to my hero, MU is a buy on weakness.