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OMG I'm dying. This is hilarious.

The first one that says Supertrend. nothing fancy. No owner.

it's called Supertrend.

It makes perfect sense if you look at the chart. It's a dance. Rome wasn't built in a day. 1st, the 1H RSI reached around 67. intrawave spikes usually stop when the 1H RSI reaches this level as it has become a bit too hot. Which is why it got rejected big time by the 2H trend resistance. Below...

Powell made it sound like employment is going to take the backseat now. Only inflation matters it seems.

considering the monumental impact that FSD is gonna have, Im not seeing this as agressive buying. More like getting in on the ground floor. Chances are ER will tank it a bit, but we dont know that for sure and neither does big money. maybe they are comfortable with buying the next tranche down...

my thinking is: why so strong? If bull trap, wheres the room? Theres no room. You get up to what? 183? 187? theres a lot of natural supply in that range. Without room you cant get enough bulls in for exit liquidity. without room and if the target is low to sub 100s, why not just get it done...

A local low only as he's saying we're in wave C, which is part of a dead cat.

I follow a few people here and there as what they do seems to compliment my model very well. So I don't take everything they say or predict as a whole, but just tidbits here and there. Back to the Uber guy: I thought the 180-220 range was way too big to be taken seriously as a whole. Though...

I think even before he said that, market puts were being loaded throughout the day, but yeah, at some point some adult has to come out and tell the hard truth.

good timing as always.

I meant I wasn't sure if you've made any money following my predictions since I've had a few hiccups this year. I think going forward this is a sweet spot for loading shorts. SL when 1H candle closes above 177.

It's not so much its credibility, but where it lies. Who had the conviction to say MP was gonna be it, despite MP being $10 higher than the spot after a 50k delivery miss? Nobody, except 1 guy who stood by his call, not by how many cars were delivered, but by what he saw in the tape. While...

to be honest, at this point, I'm not even sure if this is good or bad.

I want to see a bearish 1H candle first.

Yeah? Who's stuck by MP this week? Nobody. Everyone was bearish. EVERYONE.

room full of millionaires & deca-millionaires vs 1 Uber driver

very reminiscent of last year Q3 ER. Stock dropped hard before P&D, then got picked up after despite a large miss. Retail shorts got squeezed out for 2 weeks then came the real sell.

"Before any more downside can be expected" means 170 first, then maybe it gets rejected here or maybe not. And no, I didn't predict 170-171 yesterday. I did it on Tuesday.

if it can close any 30m candle above 170, I'd brace for some more upside.

week is not over yet and Id HATE for the stock to go up to 180 this week like he adamantly suggests, but Im reminding everyone what its all about. what are we all gonna say if that happens? Pure luck? Broken clock? Even if we only go up to 175, he will have been more right than EVERYONE on this...

no, just that one level.

I made a mistake last week, suggesting we'll spike again since a fresh overbought reading was registered on the 2H RSI. We did not. That's because that overbought reading was not fresh. There was one before it, happening at 201 6 weeks ago. This creates a hidden bearish divergence where we...

On the 1H timeframe, you can see that after the stock broke the 1h trend support at 174.6, it curled up to retest that level before gapping down the next day. This is a very common occurrence. On the 2H timeframe, the trend support was at 170-171. Since we have not tested it after the break...

There's always somewhere to go. You just wish you don't have to go there.

"Prototypes are easy. Production is hard. Delivery is harder."

I think there's a good chance we'll test 170-171 between now and Friday. That'd be the ideal spot to enter this spread.

I have always tried to turn a blind eye to the fundamentals when doing my chart work, but today it's exceptionally difficult to do so. I'm very surprised that it has not broken 160 and think it has something to do with the 2H overbought reading that we saw earlier last week. The difference now...

Thinking like this is what makes people buy services from guys posting pics with their Ferrari and their million $ homes. Me? I'm not trading based on his prediction, but also not judging his technicals based on whatever he may say about P&D and fundamentals. It is a waste of time. I just need...

If anything can happen and nobody knows anything then whats the point of this thread? Are we not exchanging experience and information to find patterns that have a high winning rate?

That does happen. However, right is right. Only 5 days to go to see if he's right again or not. 180-220 so a green week. It's a pretty wide range but does go against the opinion of almost everyone on this thread since PD will "miss". Let's just wait and see. I don't know if next week will be...

and thats all that matters why are we even scrutinizing everything someone says when they have been right on the one thing that matters? His call for 185 then 175 was dead on. Thats something I havent seen in a while. Some background: what this guy does is NOT TA. Order / option flow is another...

I have a soft spot for weird charts with lots of typos.

No he speaks from an order / option flow perspective. Must have spotted large buy orders.

I do high volume as always. This is just a bit added to the already big pile.

yes 1/2025.

My default scenario has been a spike since earlier in the week, as my conditions were met. Whether that spike marks the end of this potential DCB or the beginning of a bull run, I'll be on my toe the whole time. If it's a new bull run, it'll be the 1st wave so I'd rather hold -450C and give it...

Took this opportunity to rolled my June 250 naked short calls to 1/2025 450 naked short calls. Add some more -450Cs in the process as a hedge for further down side but getting rid of those -250Cs helps me be ready in the event of a spike. Win-win.

I'm still in wait-n-see mode. From the 15m to the 2h timeframe, RSI has registered new overbought highs across the board. I can't short this until it attempts another spike and fails. There's a chance it just going to crash from here but slim. If the spike happens today or Monday and fails, I'll...

Theres also my camp who dont look at earnings at all and just trade the chart.

145 is all I'm willing to say. 1 foot in front of the other and try to get the optimal entry into a short / hedge is my motto.

It's not a bull flag. Most likely it's the 2nd leg down of the correction that started in November 2021.

2 different things.

no. This GDP reading is the 3rd estimates for Q4 2023, a nothingburger.

By "2nd spike", I'm not saying to expect a huge pump. This is what happened in early December 2022. It doesn't have to be a huge pump, it just needs to close a 2H candle above 182 without much follow through into the daily close to set us up for a bearish divergence. Right now So be very...

His reasoning resonates with mine on the subject of churns. There's no money in pumping or dumping 1 stock forever. I don't look for fundamental reasons to expect a spike as the most aggressive dead cats can happen during a period of weak fundamentals. When everyone is positioned bearish and...

One way to play the short naked call / put game is to load up positions near 187. SL is a close daily close over 187. If that 2nd spike cannot close the day over 187 AND reach overbought on the 4H on the same day, it'd be very bearish. Same scenario as this

No. This is not the 2nd spike. Still consolidating.

Ill go long when it seems cheap on the chart, through price, time, or both without breaking major supports. Seeing we only have 3 days till PD. I wonder if they wont finish the squeeze on Monday. Thatd be something. They may not allow anyone to go long or close short at all.

Right now I only follow my rule: once strength has been shown on the hourly, get out of the way until the whales show us their cards. I closed my shorts today around 180 in the morning. Going to wait for a pullback and then a spike to take out today's high. If and when that happens, if the...