Biotech bounced off last weeks balance. If you are not long, trade $IBB long here with a target back to $315…stop at today’s low.
After that, buy the next dip for the win.
OA
If you enjoy the content at iBankCoin, please follow us on TwitterBiotech bounced off last weeks balance. If you are not long, trade $IBB long here with a target back to $315…stop at today’s low.
After that, buy the next dip for the win.
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
What’s the name of the guy who did that sentiment chart? I’m interested in his book. Justin something?
Mamis I believe ” The Nature of Risk”
Thanks!
no way, short into the hole
Stocktwits all piled into the short today. Careful here.
eww…thanks for the heads up
haha. are you serious?
Wouldn’t know I am now banned over there.
I’m in at 26.30 with a trailing 3 buck stop
wow. entire aversion move in 1 day.
?
HAHA! bchu, you really don’t read, huh?
I think he is referencing my trailing stop?
which is now a $7 stop. Thanks OA!
oh schnaps. i didn’t enlarge the pic cuz i’m reading it from my phone. just saw the labels now. my bad.
either way, got back into LABU at 15.75. Missed a WHOLE lot of downside in bios by selling my LABD waaay too early. oh well
Maybe some EBIO?
I like it. I have $ADRO and $JUNO. Love the relative strength in these two names.
OA,
If I’m learning the sentiment chart correctly, $IBB will eventually go back to the $355 range where it will hit Anxiety?
I highlighted the range, which should determine the range of discouragement. Both longs/shorts actively engaged here.
When we climb the wall of worry, which was what I meant when I said sell at $315, buy the next dip…$355-$360
I would thoroughly enjoy slapping the MS analyst that downgraded $TSLA today.
Could’ve done without that.
And the reason is truly ridiculous.
Watching strength in JUNO today in the morning was very interesting. Down pennies with the index down by 7%. Then rocket ship. Would have been an interesting place to load up. Did anyone grab more LABU at 15?
$15.50 thanks to the man.
Good timing
Jeff, u have a target on JUNO and LABU? TIA
OA – what would you be looking for in order to pull the trigger on FEYE?
If I hadn’t already bought, I would buy right here, right now. Easy to manage
Noted….and copped.
Maybe go with VDSI instead…and use 50 day as support?
May pick up a FEYE call later this week. Thinking near-term 33.75 then 36.50, stretch goal of ~43. Not sure what time frame yet.
I keep coming back to this $NMBL. Is anyone playing this one? Looks pretty good on the weekly and didn’t pay much mind to the risk off today.
Not yet but watching
I have owned it in my ROTH IRA for awhile now…pretty annoying one to watch
Unbelievable percent moves in BTU ACI
Othes that caught my eye but nto sure how I feel about the sectors yet: BOOT (retail IPO); JNS WETF (asset mgmt); INSY (biotech); PII (recreational vehicles); TCBI (regional bank).
ZG nice
The sentiment chart always works for me in hindsight, i struggle with it in realtime. Any opinions on where AA is on a daily timeframe?
Im assuming coming strongly out of aversion going into denial??
here come the sellers.
FL about to get an overt warning?
trying a short NQ 4294
out -6.5