No alerts triggered today. I spent most of the time waiting for a more favorable entry on the BIDU call from yesterday, I but ended up not pulling the trigger as tech seemed to pull back some today. I'll be setting another alert for breakthrough on the 180MA. IV is only 39% right now. This is a longer term swing trade.
DIDI ran up to $18 before falling back to $14.10 and finishing at $14.14. Currently it is trading a little bit up in the after hours and I'm ok with waiting a few more days before dollar cost averaging into a nice position. Didi is something I use almost daily, and there is no real competition for them.
Also look at Coinbase IPO:
The graph starts to look similar.
I'm thinking of maybe putting a limit order in for $14/$13.
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Current Weekly Positions
$NAIL -4.3% (Ongoing)
$MS +100% (Closed)
"The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett.
“In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.” -- Seth Klarman
DIDI I am setting some DCA alerts for $14 and $13. I'm happy to start averaging in around these prices. I won't be doing options here, although you can consider LEAPS. I'll try to get a few hundred shares and run the wheel.
Make sure to join the Discord for free alerts! I have put a lot of work into making a great community and setting up the alerts from Trend Spider to automatically go off when one of my own trading alerts are triggered.
DIS alert set for a bounce on the 180 MA and looking to see if it can break out past the volume shelf to around $175/$180. Most all analysts are bullish and in the past 5 years, DIS has always gone up in July by a median change of 4.17% according to Trend Spider.
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