@babyfolio I took a 1% position today at 93. I'll look to add another 1% at 86.50 and a 3% buy order if we fill the gap at 76.
I've made good money on $NBIS 40 to 130, but being cautious below the 50 day here. If we pop to close to 100 I'll probs sell that 1% and add back again at 93.
$NBIS is going to fill that gap into the 70s. It looks like 76 and 77 might be a good area to put in your 60 day buy orders. It's hard to say when, but it should hit that area in the next 60 days.
@MacroReSurf @investwithsheng Cool. What happened when $NBIS announced the deal yesterday? How about $CIFR and $IREN? $CRWV has announced a couple deals too. Oh, and how about $ORCL
@HedgeyeTech Nice call on the short. It definitely played a role in getting me to sell $SE at 190. I'm looking at it now for potential entry over the next couple of weeks.
Black lesbian confronts gay congressman about a violent trans woman (a biological male) in the womenโs locker room โ gets booed by LGBTQ+ audience.
My headโs spinning ๐ตโ๐ซ
[ Iโm with the black lesbian on this one ]
@TraceyRyniec@texasrunnerDFW@bennyjohnson Very true. I bought 3 houses before getting married, bought another 3 after getting married.
Now I have a full life though: married, 2 kids, dog, church, etc.
The later is 1000x more important than home ownership for society.
@DaleStarkA10 I agree w/ you in 90% of situations. I think heโs talking about extremely high cost areas like NYC, SF, Miami, etc
The point is not everyone can afford high cost areas. If from a small midwest town (anyone can stay there), but I left came to South Tampa. My kids can stay ๐ช๐ผ
$IREN looks technically stronger than $NBIS right now. I do expect a test of the 50 day. Iโll look to play the 50 day on $IREN for a bounce (just a trade). $IREN will likely break the 50 day before Thanksgiving.
$NBIS
Goodbye ๐ 50 dma
Next stop 100 dma (maybe we get there when it hits 85-86
If it doesnโt hold maybe we hit the 200 ma 66-75 depending on how long it takes to get there.
Dilution & AI Infra sell off narrative + institutions want to price these stocks lower.
GL Retail!
@babyfolio $NBIS
It finally decisively broke the 50 dma. I remember when $MELI $SE broke the 50 earlier this year. Nothing good happens for a while after breaking the 50 day. We could see 75-80 easy once we FINALLY get a 7-8% pullback.
@LiebermanAustin Austin gets it. $NBIS has potential, but itโs headed to $CRWV level in the low 90s. It will break 100 this week. Dilution will take a few months and another deal to absorb.
Itโs going to stay under the 50 day now. Best advice is to sell when you lose the 50 day.