readthechart Profile
readthechart

@readthechart

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Joined July 2023
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@readthechart
readthechart
2 years
similar to $AI, $IOT also shows support on different levels. Entered some positions, once it breaks out ~$27.5, pattern will get confirmed, at least downside risk is limited. good ratio on RR.
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@readthechart
readthechart
2 years
$AI, https://t.co/fsgkRe3hXv, ever since their last earning report, price has been consolidating, now it is supported by 20EMA/MA, both of which are going up (yellow dot in graph will go up). and it is still testing the big spike after last quarter ER. RR is very nice now
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@readthechart
readthechart
2 years
$NIO patience paid off. This breakout could bring out some nice movements, hourly bullish pattern could trigger cascade on daily and weekly. ride with the momentum is at ease. flip side, if for next 2 week, lines reversed. will exit until market settles another good pattern.
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@readthechart
readthechart
2 years
$SPY, $NQ a quite normal pull back. $VIX is almost flat. actually a long waited pull back, glad it happens early.
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@readthechart
readthechart
2 years
shorted some $TSLA for fun, at $270-$300 it has been tested multiple times last year, and tesla just stepping into it now. daily charts suggests it may take a month for a decent converge. I will wait for better pattern to buy again.
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@readthechart
readthechart
2 years
Since the 15th century, out of the 16 potential conflicts between defenders and challengers, only in 4 cases was war successfully avoided. errr... not looking good?
@elonmusk
Elon Musk
2 years
Again, could not recommend this book more. Audio version is great.
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@readthechart
readthechart
2 years
The outlook presented in earnings reports does not necessarily dictate the behavior of stocks to a significant extent. It may just be an FYI. a -7% negative expectation
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@readthechart
readthechart
2 years
When there are still people discussing a recession, stocks have the potential to continue rising. However, once the conversation about a recession subsides and fades away, stocks may experience a slowdown in momentum. $SPX, $QQQ
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