Chungllq
Chungllq
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avatarChungllq
2021-08-30

pltr will be at $30.00

I was very impressed with how pltr traded last week, there is little doubt that pltr will be at $30.00 if NOT HIGHER by the end of September. Bought a lot of the $30 November calls, also holding a lot of shares as well and looking forward to a great ending year for pltr.$Palantir Technologies Inc.(PLTR)$
pltr will be at $30.00
$Omega Therapeutics(OMGA)$ usually, as a bear, I have to maneuver my position, hedge with calls the sell options against them to get the premium down to protect against ridiculous bull runs. I have never seen SO MUCH SELLING as this stock. I could go for a run and rely on the constant macro distributor that hits every high bid hard and creates walls of steel against pumps.

Monthly Candle Suggests Long

$Alibaba(BABA)$ Need to break 78 (volume spike) and first weekly close above itThen needs to break above 86 (volume spike)Most likely scenario is sell before earnings on Jan 31st as China is under deflation (weak population growth and interest rate going down not up as Chinese CPI is negative)
Monthly Candle Suggests Long
$Qualcomm(QCOM)$ I still believe in QCOM. For a tech stock, it is cheap in this market. It is slow, steady, and stable...and it could easily surprise to the upside at anytime in the future. Earnings were good overall. I was trying to figure out why it tanked today. I couldn't find much except for a $Citigroup(C)$ "analyst" downgrading it. Now, I own a little bit of C too. That stock has been a big disappointment and has certainly not been any sort of daisy either. I think the Citi analyst should downgrade his own corporation.
$Sea Ltd(SE)$ singapore celebrates lunar new years in february. its a huge event. also singapores economy is doing great and so is Sea. their liquidity ratio is 1.7 meaning they ate in great financial shape. have you ever heard the quip no news is good news? when you have a multi bnillion dollar company they only drop news after the quarterly meeting unless something big is on the horizon. sea also own a.i. patents for its online shopping. No short. Loaded more.Keep my eyes on it.
avatarChungllq
2021-06-30

This one ripped so hard and fast there are huge gaps, some retracement is inevitable and desirable.

This one ripped so hard and fast that there are huge gaps, so some retracement is inevitable and desirable. Lots of folks locking in profits and I am sure a lot of them plan to come back tomorrow at a lower entry point. That was/is the pattern with so many others. I saw ALF do this last week, then trade sideways on lower volume for a day before charging above 20 the day after. It is worth remembering fintel has been reporting 0 shares available to short all day. I am sure some of yesterday's shorts covered today but I am equally sure many are still short in hopes of getting back to even or making a profit. That puts them far underwater and fighting a rip tide of momentum due to the exciting news, the day trader interest, and the convictions of the longs.
This one ripped so hard and fast there are huge gaps, some retracement is inevitable and desirable.
$Bank of America(BAC)$ Boa volunteered and gave out my personal banking and credit card information in violation of my American rights. I am done with this company. I am moving my business over to Key banks. Boa should be sued and responsible for their actions.
avatarChungllq
2021-08-27

Why NVDA has surged this summer

Although NVIDIA NVDA won't be mentioned by any software analysts in their Rule of 40 calculations, I happen to believe that what supports a 20X price/sales valuation for this unique GPU chip maker is its heavy reliance on hardware + software stacks to make "massively parallel architectures" accessible and useful for corporations and scientific research institutions doing heavy data mining, modeling, and automation/AI development. This is what institutional investors have finally recognized as NVDA has surged this summer and become a must-own in the FANGMAN suite.$NVIDIA Corp(NVDA)$$Facebook(FB)$ $Apple(AAPL)$ $Netflix(NFLX)$
Why NVDA has surged this summer
$NVIDIA Corp(NVDA)$ I am convinced that there are no bulls here... bulls know when to pull out, collect profits, and understand fundamentals/ta.... these pumpers here are crackheads not bulls and for all the novice traders/investors y'all gonna get burned listening to these idiots. I made a shit load of money on this stock on the way up but you have to know when to pull the plug because ALL the FACTS point towards a major bubble that's about to burst. I will make a killing when this dumps hard. GL
avatarChungllq
2021-07-12
3 million share float just traded 5 million shares. people longs invest in this trash stock thinking it was going to $30, now down another 6% to $18.04. keep draining stupid longs of their profits. they were too greed to sell out at $27 so deserve to be imploded.$Marin(MRIN)$
avatarChungllq
2021-07-23
$MRIN the short float is only growing bigger. I have no doubt this will explode in the near future. This has become a short trap.$Marin(MRIN)$
avatarChungllq
2021-09-09
A strange stock AMD.., growing worse than Nvidia, always falling stronger. No news brings her up. 200 million pre-order exynoss AMD stock down 7% since learned. Nvidia has a risk of disapproval from the regulator for the purchase of ARM, but almost does not fall ...$AMD(AMD)$
avatarChungllq
2021-09-18

12.27% of Zoom Video Communications' shares are owned by company executives, directors

12.27% of Zoom Video Communications' shares are owned by company executives, directors and other insiders. Over the past twelve months, Zoom Video Communications insiders have sold shares 73 time(s), totalling $422,214,311.77. Insiders that have sold shares include Ryan Azus, Aparna Bawa, Kelly Steckelberg, Janine Pelosi, Santiago Subotovsky, Eric S Yuan, Velchamy Sankarlingam, Bart Swanson, Shane Crehan, Kimberly Hammonds, Eric S. Yuan, Carl M Eschenbach, Daniel Scheinman, and Jonathan Chadwick.$Zoom(ZM)$
12.27% of Zoom Video Communications' shares are owned by company executives, directors

Coinbase Update: Following EXACTLY as predicted

$Coinbase Global, Inc.(COIN)$ Coinbase has a pretty clear-cut structure that it has formed. This is where those stops I am always harping about come into play. With them assets are mostly protected, and losses are kept at a minimum. Make sure to keep your emotions in check at all times too. Fear and greed are very real and will steal your hard-earned money every time. As my mentor always says, "trading for profit is hard, if it were easy everyone would do it". Don't make things harder on yourselves for no reason.I expect this move to continue down towards the 0.382 blue fib @ $128.61 before moving up again. Once (4) is over, we should move higher to my next box in the $190 to low $200 area at a minimum.I have placed an AL
Coinbase Update: Following EXACTLY as predicted
$Taiwan Semiconductor Manufacturing(TSM)$ While it's fun to speculate, clearly none of us know what is going to happen between mainland and the island. Since reality tends to surprise my guess is that the outcome will not be among those predicted. We may awake one day to an accommodation between Beijing and Taipei, perhaps an announcement of trade agreements and novel civil links. Seems farfetched, but simply put, stability is better for both entities.
avatarChungllq
2021-08-17
105 has been giving good support, like I said before I donโ€™t see AMD SP dropping to lower then $96 and that even extreme but things happen.$AMD(AMD)$
avatarChungllq
2021-07-22
The stock is poised for another run or potential buyout. Glad I upped my position to 22k shares. Let the party begin! Going to touch $1.80! $Xtant Medical(XTNT)$
$Reddit(RDDT)$ Umm, this is so overextended wow. Highly unlikely this will be +40% today. I suspect shorts who shorted previous closed their positions contributing to the massive gains. today will bring a new round of shorts and this will correct severely. Great gains bulls. Hope people took profits.
$Tesla Motors(TSLA)$ gotta admit, I chickened out and closed my last put when the stock dropped like a knife after witnessing clowning bullish action earlier in the day. However, this is going to 220s soon. So, I hope there is the same bullshit upward move, and I'm buying heavy puts at that top. I'm thinking 262ish if it pumps.
$Advanced Micro Devices(AMD)$ 8-hour rule, hasn't even been 24 hours and the bears are already exposed as pathetic. ๐Ÿ˜‚ Basically a red market, a j-pow bombshell that tanks it even further, And I can't even register a significant dip, crap I don't even get a buying opportunity. Pathetic losers ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

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