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MP
I had MP at 29 bucks lol rode it off and on and then "forgot" about it - all I can tell you is to build watchlists on stocks you have done well with in the past - they were your pick for a reason go back and review every now and then... MP exhibits strong bullish momentum but appears overextended with potential downside toward analyst targets. Shares are up 4.95% today and 365% year-to-date, trading at $74.55 well above the 50-day SMA ($43.65) and 200-day SMA ($27.22). The RSI sits at 80.9, indicating overbought conditions, and the MACD is strongly positive. Morgan Stanley’s equal-weight price target is $65, implying about 13% downside. Consider trimming positions or waiting for a pullback into the $65–70 area (or toward the 50-day SMA for more aggressive entries) and using a trailing stop around $70 to manage risk.
MP
0 likes • 16h
As expected MP is stalling closed lower to day - watch for that pullback to hopefully around 59-60 and then it should or might come back to play!! It needs to breakout and over 82.50!!!
Bottom fishing ACN
Gextron won't like it but beat the heck out of earnings - brokerages maintain buy status and targets $275. I like the candle pattern which is textbook bullish and expect a jump Monday and through the week next week. This is a LOTTO stock so treat it like that in sizing.
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Bottom fishing ACN
My first Gextron trade
When the week started, I had a bias as towards market direction. I logged into Gextron and loaded up SPY and looked for a weekly set of levels. With levels in hand, I placed a put trade with a starter position. I added to the position on Tuesday. I said it could tell cancel order that included a stop loss as well as a take profit for half the position. using the GEX level for the profit. When I saw the premarket activity, I moved my stop loss up as I was expecting the first take profit to hit in the morning. Hit the first take profit for 270% shortly after the market opened. I moved the stop loss to a trailing stop Which got triggered shortly after for 250% on the balance. Thank you, @Ruben and Gextron
1 like • 18h
man perfect full explanation of the trade, thank you
WIN / LOSS
41% win from 10:02 to 10:28 with 657 calls & 11% loss with 658 puts from 10:47 to 11:40
WIN / LOSS
0 likes • 18h
NICE
Compile a List
@Ruben Leija how hard would it be to compile a list of all the winners from Gextron this year?
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Charles Antonini
7
5,802points to level up
@charles-antonini-9531
trading for some time but mainly selling options for income

Active 4h ago
Joined Sep 23, 2024
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