Added Β½ Dec 16th $SAVA Puts, when underlying was ~$35.39.
Now #Overvalued $SAVA is a full short position.
$SAVA π»π»π» should eventually drop to its $26.49 Intermediate Support Line, i.e. a -25% drop from the current $35.39 underlying price, i.e. a very good #risk_reward_ratio.
#Pumpers_Get_Slaughtered in the Stock Market.
#overvalued #risk_reward_ratio #pumpers_get_slaughtered #eatmyshorts
Bought back Β½ Dec 16th $SAVA Puts to re-short #Overvalued $SAVA π»π»π» that should eventually drop to its $26.49 Intermediate Support Line, i.e. a -23% drop from the current $34.41 underlying price, i.e. a very good #risk_reward_ratio.
#Pumpers_Get_Slaughtered in the Stock Market.
#overvalued #risk_reward_ratio #pumpers_get_slaughtered #eatmyshorts
Added Β½ Dec 16th $BLUE Puts, when underlying was ~$7.96.
Now #Overvalued $BLUE is a full short position.
$BLUE π»π»π» should go down to its $6.78 Intermediate Support Line, a -15% drop from the current $7.98 price, i.e. a very good #risk_reward_ratio. And later it should go down to its $5.97 Support Line.
π₯Άπ₯Άπ₯Ά Blumpers, like most #Pumpers_Get_Slaughtered in the Stock Market.
#overvalued #risk_reward_ratio #pumpers_get_slaughtered #eatmyshorts
$NBIX (NP) is over the buy range: $109.36 - $114.8. Best NOT chasing $NBIX right now. Wait to buy or add $NBIX on next low #risk_reward_ratio opportunity (or another stock at the right time/price).
Today (11/29):
β 5-day pocket pivot (blue bar);
β Code Blue (Force 2, Force 13 and Bongo Weekly);
β Tight price action, < 4% above a MA;
π Congratulations to anyone riding $TME from 5.22 (Nov 15 post) ~ 25% π°π°π°π°π° gain - $TME price is 6.50 right now). Patience to everybody else: Best NOT chasing $TME right now. Wait to buy or add $TME on next low #risk_reward_ratio opportunity (or another stock at the right time/price).