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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Oct 14, 2021 at 6:23 PM
    theesotericone

    theesotericone Well-Known Member

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    Yep. 5% in a day. I keep scouring the chart to figure out what I'm missing. Super strong support at $16. Yesterday they broke the only major resistance at $17.50. No gaps to fill. Uptrend looks super strong. RSI is still below oversold. MACD above signal line and ramping. From a technical perspective the next stop really looks like the ATH at @20.44.

    So, I can hold and hope I'm right. I can sell it all and be stoked about 50% in two days. I could sell 30 of them to recoup my CB and keep 10 to ride. Right now holding them all is what I want to do.
     
    98tacoma27 and Iwilltaco[QUOTED] like this.
  2. Oct 14, 2021 at 6:26 PM
    RedWings44

    RedWings44 Well-Known Member

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    I missed it! That's awesome!
     
    98tacoma27 and Iwilltaco[QUOTED] like this.
  3. Oct 14, 2021 at 6:33 PM
    theesotericone

    theesotericone Well-Known Member

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  4. Oct 14, 2021 at 6:34 PM
    scottstrong89

    scottstrong89 AhsokaTaco

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  5. Oct 14, 2021 at 6:35 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
  6. Oct 14, 2021 at 6:38 PM
    theesotericone

    theesotericone Well-Known Member

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    It could be really good for those not in the play. I was just looking at the charts. There's a gap at $23 which will get filled tomorrow. There's another gap at $18.50. They are in a downtrend and have been for 2 months. The best part is the start of that downtrend formed a huge gap at $30. My plan goes like this. Once they fill the $18.50 gap load the fuck up on DEC calls.
     
  7. Oct 14, 2021 at 6:46 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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    Could be an opportunity there.
     
  8. Oct 14, 2021 at 6:48 PM
    theesotericone

    theesotericone Well-Known Member

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    I think there is. Take a look at the 1 year chart and see if you agree. But, it's SPCE. Well known to be volatile as hell and any bad news pushes them down super fast. It's a gamble but one I'll probably take. lol
     
    98tacoma27 and Iwilltaco[QUOTED] like this.
  9. Oct 14, 2021 at 6:48 PM
    scottstrong89

    scottstrong89 AhsokaTaco

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    We made some money last time, it’s looking like time to do it again.
     
  10. Oct 14, 2021 at 7:00 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    98tacoma27 likes this.
  11. Oct 14, 2021 at 7:01 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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    Yep, and it’s the volatility that could make the play. I’ll be interested to see where it opens and how fast it gets bought up. Might be a recovery before it gaps down. Could be an old fashioned options battle too as plenty more calls just went from solidly ITM to out after hours. Might get pushed down more than I think
     
  12. Oct 14, 2021 at 7:04 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Glad my trailing stop on $NVDA never filled...
    Since I don't have $100K sitting around I will be closing my 10/15 calls tomorrow...but a 244% return at $218 is sweet...
    Maybe I'll use some $$ to exercise the $BBIG calls expiring tomorrow...

    My $NVDA year is going very nice....not as nice as SOMEONE...but maybe 2nd place...
     
  13. Oct 14, 2021 at 7:07 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    By the way...if you'd like some deep dish pizzer get it tonight...because starting tomorrow they'll be less...security...
     
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  14. Oct 14, 2021 at 7:10 PM
    theesotericone

    theesotericone Well-Known Member

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    I'm glad they are doing well for you. They will be bigger then AAPL in the next ten years. Keep trading them. I've wanted to post a screenshot of my YTD NVDA gains for a while but thought I'd just look like a pompous asshole. Let's just say it's in the 6 figure range. I love that stock. lol
     
  15. Oct 14, 2021 at 7:11 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I'm at a real nice number...taxes though...oh god...taxes...
    I'm in a taxable account...
     
  16. Oct 14, 2021 at 7:13 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    More taxes just mean you made more money. It’s a good problem
     
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  17. Oct 14, 2021 at 7:14 PM
    theesotericone

    theesotericone Well-Known Member

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    Exactly. As long as you owe it means you had a good year. All my play money is in GTii. Let's just say I won't owe. lol
     
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  18. Oct 14, 2021 at 7:16 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Oh, you are gonna owe! Big time :fingerscrossed:
     
  19. Oct 14, 2021 at 7:21 PM
    theesotericone

    theesotericone Well-Known Member

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    I really like your completely unjustified stoke. lol

    If it ever starts going north again I'll also be stoked. The charts look like major resistance at $1.10. Exactly where it closed today. It's either up or we're fucked. lol
     
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  20. Oct 14, 2021 at 7:22 PM
    theesotericone

    theesotericone Well-Known Member

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    Also, don't forget that @TreeFortRichard is the one that got us into this mess. I won't. lol
     

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