Tesla just announced its 4Q delivery number which beat even the bull case whisper number on the Street. This was a “trophy case” quarter for Musk & Co. with massive momentum moving into 2022. 309k deliveries vs. the Street's 266k and bull case whisper numbers in the 275k range.
I use classical and Elliott Wave principles, with studying the options market, to find stocks being accumulated by institutions
Since selling climaxes are used to induce margin calls before big rallies, the best winners often take 2 attempts
The next winner is a difficult loser
No one wanted to buy the dip in tech stocks in Q2 because they were "weak" and "in a downtrend" even though clear setups were present
Then, lack of exposure forced traders to buy them at higher prices as they hogged money all summer
The weakness of today may be tomorrow's alpha
🍾 Daily recap #driprecap 🍾
$XPEV 60C +300% holding some
$EBAY 68, 67.5 P, net +200%
$NFLX swing 680C +100%
$COIN overnight swing +70%
$QQQ scalp decent gains
$UPST roll up failed
65 Green days in a row. I guess I’m going okay
Pretty Pumped to be starting a 1K Challenge for the room on Wednesday
Will be trading $RBLX $NVDA $AAPL $SPY exclusively
Here’s the rules for my account 🎯
🚀Daily recap🚀
$QQQ 397/399C +500%
$COIN 320/315C +200%
$LCID 53C/55C +50%
$U 165P +20%
$UPST 220C net +20%
two other plays on #driprookie looking good.
It's not just one name, the whole software sector like $TWLO $FSLY & E-Commerce could be a once-a-decade opportunity
if $ROKU > 176-202, $PYPL > 169, $TWLO > 216, $FSLY > 33, Wave 3 targets (684, 414, 700, 150+) could be 2X-3X in mid-late 2022, with LT Wave 5 targets even higher
@TSLAFanMtl this is so funny... market manipulation... first it was Powell 2.0, then higher interest rate after 2 days that wasn't the case anymore... now COVID.
so these people believe that COVID was finish with?
@tomkeene please explain why the market believes that Powell will now be more bullish on raising rates considering that his VP is more dovish and COVID is on the increase in Europe and the US?
$PVG is in $GDX and $GDXJ. It's an example of a leading indicator
$PVG already broke the Wave 1 high that $GDX, $PAAS & $GFI are still below. It invalidated its bear count and gives a sneak peek of GDX
if $GDX > 27, $PAAS > 21, $GFI > 8, Wave 3 targets are 58, 51, & 18 in Q2-Q3