@jfsrev >> going up. Had great earnings lately and still has lots of tailwinds (right sector). Planning to keep holding it, but eventually have to sell of course. So long story short: I'm wondering how you would approach this with your current skill set but a much smaller account..?
@jfsrev Jeff, you're someone I appreciate the heck out of. I know it's too thin for your account, but if you'd be 50K-ish, would you trade a stock like
$BW ? and if yes, how? I'm in it since sub 1. Bought more & more ~5 as it was >>
@Peoplewish is this purely for the SPY or QQQ? Or is it also for individual stocks?
P.s. I turned it into a Tradingview pinescript, can share if you'd like
@mmonis got it thanks, I'm in BW since <1 and bought more every time I saw an opportunity. It's failed the UnR on the 50EMA for the first time so wasn't sure what to expect next. But appreciate your insights
@RealSimpleAriel It UnR'ed 50MA back in DEC. I was expecting a similar move now, but this time its much weaker. Also, BW's had -30% after good earnings just to move higher after. Fundamentally, it has a couple of tailwinds but the PA has been shyte lately. That's why I was wondering your view
@stamatoudism hey Marios, just saw your PS video on @TraderLion. Do you reckon $BW is still a short? It's had multiple bounces off the 50MA and is there again. Since it's had good earnings, I was expecting continuation of the trend but not so sure since I saw you speaking..? 1/2
@jfsrev you're someone I appreciate the heck out of. Going out on a limb and ask you this, because I hope to learn from you. Let's say your account was 50k ish. Would you and if so how would you trade a stock like $BW ? I'm in it since <1. Bought more & more ~5 as it was 1/2
2/2 going up. Had great earnings lately and still has lots of tailwinds. Planning to keep holding it, but eventually have to sell of course. So long story short: I'm wondering how you would approach this with your current skill set but a much smaller account..?
@Scot1andT Thanks Scott! I've been in this one since <1. Have been adding to my position every time I saw the market was weak but $BW was green. I like that it had an offering last week but ended the day positive. Super strong one, yet barely mentioned on fintwit