Atalantis7

Not Financial Advice

[Atalantis7 @atalantis7]

@Evan_ss6 MSTR back to .com era and BTC to Kapo's target

[Atalantis7 @atalantis7]

unfortunately BTC has to die to be reborn again. the phoenix will rise when the ponzis collapse

[Atalantis7 @atalantis7]

@darkin_eth who knows friend. we can bounce from here. just not sure who is the marginal buyer anymore

[Atalantis7 @atalantis7]

agree. just trying to scare the b*tches. it was coopted and i feel going lower is healthy. BTC vol has died over the past year and that was its most desirable feature for many. not a store of value but a speculative asset that offered escape velocity for the ones that traded it well

[Atalantis7 @atalantis7]

@FvckYourHedge still here. doing stonks. was retooling and didn’t have time to post. aslo there is no one here anymore 😢

[Atalantis7 @atalantis7]

@Cheshire_Cap why sell any? isn’t it just a bad precedent as the only bidder in town is now selling. don’t quite get the game theory of selling such a tiny amount and how does it inspire confidence? looking for counter arguments please

[Atalantis7 @atalantis7]

@Arthcola1 @hackertrader what's your point? SBUX had great linear price action from GFC to 2016. after that it's a mess and wouldn't trade it. just moves on earnings

[Atalantis7 @atalantis7]

Quallamagie on Breakouts: Wide and loose is for losers and tight is for winners. Tight ranges is all you should focus on. h/t @hackertrader

[Atalantis7 @atalantis7]

@Evan_ss6 PURRfect for gamma squeeze

[Atalantis7 @atalantis7]

@nzz_07 @AnotherDataP @hackertrader yes, just trade momentum burst from tight ranges. compression into the 10d or 20d is a plus. but avoid taking positions when price is > 50d sma + 5 * ADR%

[Atalantis7 @atalantis7]

@nzz_07 @AnotherDataP @hackertrader tight tight tight

[Atalantis7 @atalantis7]

blue is better. tight. even if you bought the breakout from the orange line you could have bought again at the same price with better r:r in the blue triangle a few days later. you want tight so you have an amazing r:r and can size up. hard to size up on break of orange line after 4 green days. where do you put your stop?

[Atalantis7 @atalantis7]

@AnotherDataP @hackertrader tight ranges can be defined as compression in volatility e.g. in the 90th percentile over past 20 days (you can use different measures of volatility like stdev or ADR%) and drying up in volume (lack of supply/sellers). here's a good example from SNDK

[Atalantis7 @atalantis7]

@nzz_07 @Cbb0fe also a good simple screener for breakouts here: https://t.co/4NbSejyOaK

[Atalantis7 @atalantis7]

@DeepDishEnjoyer yikes, peepoo dreams of sushi

[Atalantis7 @atalantis7]

@nzz_07 @Cbb0fe ariel has a few good filters for screening. here's his yt vid https://t.co/bKu3xiJfOn. but also checkout screeners from pradeep bonde and quallamagie.

[Atalantis7 @atalantis7]

you can use any of them or develop one with an LLM. finwiz, deepvue are good, you can also use pinescreener and develop your custom metrics. just screen for leaders in 3M and 1M momentum, identify the industry groups (stocks move in groups) and trade leaders. focus on tech, biotech/healthcare and consumer cyclicals as they have a good enough ADR% to trade momentum

[stockbee @PradeepBonde]

This has been a very good market for big moves since the April bottom.
The number of stocks up 20% or more in five days has reached its highest level.
Such high readings often lead to small shakeouts/pullbacks

[Atalantis7 @atalantis7]

@AnotherDataP pnd on near was nance driven. they pumped it up to fill some asks then dumped. spot cvds down only from there onwards. there is still supply at $3 but wouldn't be surprised if we made a local top here

[Atalantis7 @atalantis7]

i would like to report a murd3r $NEAR