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05/13/2021 Live Update

Re: 05/13/2021 Live Update

Postby BullBear52x » Thu May 13, 2021 1:06 pm

Here is my stop now.
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Re: 05/13/2021 Live Update

Postby Al_Dente » Thu May 13, 2021 1:18 pm

What a mess of a market; can’t hold a breakout; can’t hold a breakdown
On my 30m view using 34 ema, this is a dead-cat bounce up to the downtrending pink line (but pink is starting to flatten out)
and bulls won’t get serious until they can get above pink and stay there ...

513thirty.png.jpg
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Re: 05/13/2021 Live Update

Postby Al_Dente » Thu May 13, 2021 1:43 pm

Note AMC up +25%
one of the “meme stocks” popular on robinhood, wallstreetbets
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Re: 05/13/2021 Live Update

Postby BullBear52x » Thu May 13, 2021 1:47 pm

Market profile pointing to yesterday's low, poor low. maybe 4077 will not hold. Hmmmm greed kills Hmmmm
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Re: 05/13/2021 Live Update

Postby BullBear52x » Thu May 13, 2021 1:59 pm

5 min. MA support, if this one fail, it will be fast and furious. but I think we will hugging on that MA. by the closed. will see, I am almost done.
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Re: 05/13/2021 Live Update

Postby Al_Dente » Thu May 13, 2021 2:01 pm

HOW ARE THOSE BUYBACKS GOING ??
PKW is a low volume ETF that focuses on companies that have bought back large numbers of shares in the past year. In order to be included, a company must have repurchased at least 5% of its outstanding shares in the past twelve months.

Right now it looks like the buybacks are still being overwhelmed by the selling … if/when it gets above the pink that will indicate that things have changed … stay tuned

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Re: 05/13/2021 Live Update

Postby BullBear52x » Thu May 13, 2021 2:13 pm

I call it a day. tomorrow is bullish if we closed right here. Peace!
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Re: 05/13/2021 Live Update

Postby JFR » Thu May 13, 2021 2:14 pm

SPY 5. No quit in the bulls. The world has gone crazy. But business carries on, profits are made, and the stock market keeps climbing, with some pressure-release pullbacks, some serious corrections, and even some bear markets.


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Re: 05/13/2021 Live Update

Postby Al_Dente » Thu May 13, 2021 2:19 pm

dontbuytsla is trending on twitter
513tsla.png.jpg
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Re: 05/13/2021 Live Update

Postby Cobra » Thu May 13, 2021 2:52 pm

Testing day high, key time. Probably the pullback would be bought.
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Re: 05/13/2021 Live Update

Postby Cobra » Thu May 13, 2021 3:29 pm


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Re: 05/13/2021 Live Update

Postby Cobra » Thu May 13, 2021 3:50 pm


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Re: 05/13/2021 Live Update

Postby Cobra » Thu May 13, 2021 3:51 pm

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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