The Official Stock Market Thread

[Blazed]

Originally Posted by oldgoldy97

Ok, then. Where do you see United Healthcare bouncing?

The same as in that post, 226 - 257

226 is the 200ma on monthly

234 was also a good area to bounce as that's been previous support back in 2019 when it was in that price range

257 was a previous recent support area as well, which it bounced there

Best entry is at a key moving avg or close to it, in this case 200ma or 226

Starter position @ a support area (257 or 234) if you don't want to completely miss the trade, and add full position @ key ma or close to it (226) then hold your position long term 1+ years (unless more bad news comes out or you're satisfied with the gains and exit full position)

I don't follow UNH so no idea how it moves or why it dropped other than the fraud headline, but even without following it the charts and technicals all work the same way that's why the range was and still is 226 - 257

[JohnnyHatesJazz]

Originally Posted by Blazed

The same as in that post, 226 - 257

226 is the 200ma on monthly

234 was also a good area to bounce as that's been previous support back in 2019 when it was in that price range

257 was a previous recent support area as well, which it bounced there

Best entry is at a key moving avg or close to it, in this case 200ma or 226

Starter position @ a support area (257 or 234) if you don't want to completely miss the trade, and add full position @ key ma or close to it (226) then hold your position long term 1+ years (unless more bad news comes out or you're satisfied with the gains and exit full position)

I don't follow UNH so no idea how it moves or why it dropped other than the fraud headline, but even without following it the charts and technicals all work the same way that's why the range was and still is 226 - 257

Unh up 10% in after hours thanks to Berkshire.

[Blazed]

Originally Posted by JohnnyHatesJazz

Unh up 10% in after hours thanks to Berkshire.

UNH is flying 300+

Trading is easy, clowns complicate it and fiduciaries (bigger clowns) want you to believe it's complicated so you'll pay them commission/flat fee to do the same thing whether you win or lose

Just look at charts for best key areas to enter

That said I'm exiting my full UNH call position (didn't grab equity) but if I had equity I'd hold to see where it goes from here

[patchgenie]

I think I should sell MDGL. they're gonna get steamed by wegovy.

I think IOBT is interesting. they failed the primary endpoint, but the drug seems to be good. hope they are forced to do another trial and get beat up by the FDA. they'll sell stock and i'll grab some cheapies.

it's interesting to watch what happens to the questionable group - SRPT, REPL, IOBT

I saw PGEN got approval. Vinay was like we'll approve it cause we can! I couldn't imagine having throat surgery multiple times. that is pain city. 27,000 patients. cost:?? valuation is 1 billion. what is a fair valuation? maybe it can double again?? any thoughts?

[patchgenie]

BAFN

[patchgenie]

at CYTK, Blum was probably like "let's save the good data for later, so I can grab some cheapies" lol

like why brag about IONS going up 32% when its been between 30-75 for 12 years

I added BRBS and MLYS

good article to think about for BRBS:

https://timyan.substack.com/p/blue-r...es-richmond-va

can learn some new stuff about bank investing.

I added more DMYY. only have 3 1 month extensions left to merger with horizon quantum. trust value is around 11/share, so could lose 1 dollar/share right now. only 2 million shares outstanding, so this should rocket if they can get the deal through. 1 dollar downside/high upside

[KhalDrogo]

Tesla with the God mode incentive package for Elon. Going to be hard to achieve every tier, but I bet he plows through at least half of it. Only a matter of time before the stock breaks out of its current channel.

[KhalDrogo]

Originally Posted by KhalDrogo

Tesla with the God mode incentive package for Elon. Going to be hard to achieve every tier, but I bet he plows through at least half of it. Only a matter of time before the stock breaks out of its current channel.

Hello.

[patchgenie]

did you guys see OCTO? just another "crypto treasury" pump job like SBET. didn't have too many shares out, but will be back to 5 or less by the end of the year.

https://www.prnewswire.com/news-rele...302549012.html

171 million shares of dilution coming soon.

[blackandgold]

TSLA spanking that azz ahgain!

[finfangfan]

IONQ popping today