@P_G_Investments @trades_hayes Idk what that guy is talking about i'll take that trade any day, rather than doing the exact same thing just managing it month after month or week after week just so it's not considered "dead money" that's insane lol.
Iβve been analyzing SPY closely and wanted to share my technical read on it.
On the weekly chart, SPY looks oversold with the RSI dipping low. While a short-term bounce could be in play, the 200-day moving average around 454 might be the more meaningful bottom if momentum doesnβt shift upward soon.
Then on the daily, weβve got the RSI crazily oversold with several gap-downs. Iβve studied this behavior back in high school and traded off it β historically, every gap on a chart tends to get filled, whether itβs up or down. Pretty crazy you can look at the chart and see how the gaps from the few years tend to always fill.
SOFI setup in the portfolio for Now
$9 csp expiring next week
$10.5 csp expiring May 9
Backstop Trades at $12 expiring Jan 26
$5 leaps for Mar 26
700 shares (don't want them tbh rather more leaps)
Dear son,
The richest men in the world are:
75% Entrepreneurs.
15% Investors.
7% Athletes.
3% Artists.
0% Employees.
Nobody got rich with a salary.
It's a scam.
Successful people see opportunity in every failure ... Normal people see failure in every opportunity. Both are Right ... But only ONE gets Rich ... I hope your buying !!!π
Successful people see opportunity in every failure ... Normal people see failure in every opportunity. Both are Right ... But only ONE gets Rich ... I hope your buying !!!π