I’ve spent the morning looking for a particular set-up. Many growth names have been following our sentiment chart to perfection this year, and many stocks seem to be in an aversion phase. See chart below…
As you can see, this type of a move usually offers fast results. For traders that find themselves under positioned in these names at their current discounted prices, it doesn’t take much to get them in a position to chase performance. As noted, there are a number of stocks in this position this week that are leaving long tails over the last few days. Take a look…
OA
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No YGE… that chart looks about perfect. Have missed a lot of your sessions… they are actually making me work around here.
same with ANGI.. ghosts of OA past.
6 month chart of Pandora might fit that profile. 39 to 21.50 panic and discouragement, then wall of worry, followed by aversion. Buyers stepping in today, I see 30 bucks per share in the cards.
LOL, for some reason I didn’t see the buy list link that includes P. That being said, buyers are starting stepping in.
Agreed…liked the 30’s for July in this one too
Bought some SLV Aug 20.5 calls yesterday. What do you think of precious metal issues?
those are some of the hottest stocks in the game, interesting…
The hot stocks are the most vulnerable right now. This could be big.
Bought CYOU calls, CSIQ calls, TSLA calls….
RBCN qualify?
Yeah, I suppose it could. Little different structure…
Thnx!
Hey OA, are you talking about Jul 11 calls or Jul 19
On which?
in on some CSIQ (seasick)
The three call options you just bought
CSIQ and CYOU were Aug. TSLA July.
TWTR looks great
Panic sold this morning, gun shy this afternoon, now chasing, freaking amateur.
Join ahwoa and/or trading addicts. You will learn a lot
Joined last week, steep learning curve, I’m in the discouragement phase on the Douche chart.
Been there several times….
Ha. Your spirits seem good at least! Ask questions. Really observe what OA and others are doing and don’t just follow. Most of all, trade small with what you are ok losing. That will help take emotion out of it. It is only money.
Bought calls in CYOU DDD and rolled out MGM to August. Also long DDD stock as well as LEJU and SALE.
SPWR in anxiety/aversion/denial area?
–> https://jpmorgains.files.wordpress.com/2014/07/spwr.png