I emptied my account down to 30k after the last big win.
Now its full again today. I will cash out 70k.
My biggest one day total. I earned it. Cashing out.
$INTC you guys have no idea how ridiculous this chart is and why it should not have done this.
Anyway back at all time highs with after +33% rally in 5 days.
Im not touching this. I got wrecked trying to short it before.
It's too crazy.
$SPY $QQQ The top and bottom reversal points are not hard for me figure out. I usually catch them.
Doesnt mean I get the other ones right but I catch the obvious ones.
I made it clear last Wednesday/Thursday (exited shorts and entered long) that we were extended to the downside and at supports.
We got a big bounce on Thursday and then hesitated at resistance on Friday.
What is difficult is knowing how big (current situation) or small the bounce will be and where the next reversal point is if and the bounce becomes extreme.
$META (daily) with a massive bounce off dual channel support but now at resistance zone.
$META weekly breakdown below 5 week box range and 4 year uptrend line support.
2 bearish elements.
We'll see if this triggers further downside momentum.
$MSFT (4H) holding above the channel support but did not rally strong on Thursday with the rest of the market despite being oversold.
That should be concerning if you are bullish.
Weekly and monthly timeframe = extremely bearish.
I want to take a second to brag on the team that I have the pleasure of working with at @arnoldcompany!
This is what it's about. Caring for those in need! There are people experiencing real challenges right now and we have to be concerned with more than "getting the job done".