$Affirm Holdings, Inc.(AFRM)$ this stock has pretty much done the same thing for the last month. Mon tues pump dump sometimes Wednesday. Thursday toss up Friday bag holders. Go long shorts too risky.
$Facebook(FB)$ the fact that Facebook can actually affect people’s feelings and behaviors is testament to how powerful their platforms are. This is reason to BUY the stock, not sell.
$Sea Ltd(SE)$ This is obviously in an H&S pattern with 310 being neckline support & resistance at 332. If it can't hold here then it goes to next support at 300 & finally 285 to complete the pattern. So we are basically at a tipping point depending on what this does tomorrow. Not liking that gravestone doji on the daily though. I think this needs more consolidation. Bullish until support breaks. And there is a sell signal on the 21ema/dma, but all other indicators are a go.
$Lucid Group Inc(LCID)$ Not going to lie. I didn’t really like what I heard from Peter when asked # of units by eoy during his Bloomberg interview. He mentioned covid has been an issue with supply chain. He did not mention any issues with chips. Also, doesn’t look like we’ll know for sure how many units by eoy until mid November. I’m a bull and super confident Lucid can hit 577 units at minimum, but this does not help convince the big wigs to pile in until then. I’m a longterm holder, but don’t see this helping elevate the price right now in the way that we want. Hopefully Peter is still running with the underpromise and overdeliver technique.
$Lucid Group Inc(LCID)$ If you could go back 10 years, would you invest in Tesla heavily? Well, Lucid is your time machine and took you back 10 years. What are you going to do?
$Alphabet(GOOG)$ The Fed will not taper next week--if ever. So, I'm getting very tempted here but will wait until next week before making my next move.
$S&P500 ETF(SPY)$$NASDAQ-100 Index ETF(QQQ)$$Apple(AAPL)$$Microsoft(MSFT)$ Does anyone remember October 2018? If not then navigate and check it out. There were many small dips before OCT 2018 too. We are in a similar situation now. The sell off just started and recovery might take months (5-6mo). This is how the make bag holders. Meanwhile the calls are going to decay during recovery.
opening selloff takes $Snap Inc(SNAP)$ all the way down to horizontal support line offering a low risk entry here. Recent earnings were a massive beat.