Not sticking the $85 landing means that the stock didn’t open far enough above overhead supply. FML.
Reader…what do you think happens to $WDAY?
Would you buy $WDAY here?
Are you bullish on $WDAY?
What is your target on $WDAY?
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I have not had luck with WDAY, so I would not be looking to buy, I may be tempted to if it got back to 80 and then consolidated between 80 – 85 for awhile. Target would be 92-93.
I am neutral, leaning bearish on stock.
Geez. Foul mood today I guess
What are you talking about?
Just your post about ur readers. Of course they are going to ask you questions. That’s why ur boss.
I can’t ask them questions if I have some? Not a very healthy relationship then. This makes me in a bad mood?
I’m always in a fucking bad mood, fwiw.
Haha. Ok. Point taken then
Is he complaining about his readers asking questions, or is he looking for the pulse of his readership for sentiment purposes? Your discomfort with his questions is your own problem.
The questions actually made me laugh. Now you know how OA feels every day.
I see it grinding higher, I’m holding Sept 80.5 calls. Short float has increased, but multi day move up from gap could close us above that 85 goal and that will shoot it up huge.
$85 is the key here for sure.
In past situations like this do you give it a day? Best case scenario of not breaking 85 is trending sideways ad nauseum or shitting the bed.
OA – Read on TWLO? Time to start snapping up call options or is the run done?
Scroll back a week for my read.
I love these responses because when I used to ask the same thing I would get so frustrated…..but this is the best way to learn and understand OAs trading philosophy…..it may not work for you, and you may not like the answer, but this is how he thinks and how he trades….you have figure out what works for you
Dalton says auction can not end on poor high and will have to be repaired.
Market Profile designed for futs, but does it apply to equities?
To a degree, yes.
Pitched battle between buyers and sellers in WDAY. If I had to pick a bias, gun to head, I’d be bullish.
I did pick up some CENX stock. Tight leash.
Looking to get short $CPB for earnings next week. Fits into $DG thesis. Also looking at $OLLI on the same grounds.
Only interesting longs for earnings next week are $NAV if it comes in, and a gorgeous-looking old friend, $FRO.
I have some WDAY weeklies expiring next week, planning on closing those out before the close if it doesn’t reclaim 85…
Thoughts on CELG and AMGN here? Similar charts, imo. Would you favor one or the other?
$CELG.
Any particular reason why? Would love to know what you see as the major distinction between the two.
dat fucking weekly is beautiful but gonna take some time to move right? so should i wait for it a little lower? and calls, i’m thinking october monthlies. you agree?
buy CRM?
Already did. A little early, lol. Doubled down…to the moon, Alice.
i really hate those fake out stop run moves to accumulate shares at lower before the rip.
A lot of weekly calls were bought in CRM today. I own 80s expiring tomorrow.
i don’t think anyone has asked about First Solar in awhile, so fuck it…Jeff do you like $FSLR here? 🙂
Own a huge position, looks like shit.
WDAY 82.50 has been s/r line-looks like it wants to hold there so far…..
“Tucan Sam” your constant attempts to post here have been banned, yet I have to look at them each time you attempt to post. This is like the 15th time in less than a week you are trying to post a joke that isn’t funny. Fuck off and go post elsewhere.
Your attempt to show up here at all time highs is a disgrace. I’ll only approve them if you send me a selfie with a strap-on attached to your forehead.
LOL!
Will buy WDAY, NOW, DATA if CRM craps the bed on Monday ER.
this failed auction in the NQ has me concerned – basically seems we are waiting to see the reaction from Yellen tomorrow to decide market direction, but seems like lots of people are hedging lower – does that set up a leg sweep or does the leg sweep turn into something sinister? Russell seems happy, trading is what you would expect heading into tomorrow….worth throwing a hedge on here, like the TVIX?
er, UVXY