Meroy
Meroy
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avatarMeroy
06-21 20:47
$CleanSpark, Inc.(CLSK)$ CLSK been here for 6 years. ATM, Long @ 16.23 avg I am long and short. GRDI is just too close to CLSK for me not to watch. And then out of no where no news goes %35,000 up in volume. From 400,000 to 155,762,841. With a market cap of 78,000,000. $53,000 at open all in
avatarMeroy
06-20 20:50
$Apple(AAPL)$ people are selling at 213.29 when they could’ve gotten 214.29 at the close? Somebody heard something. Vote of no confidence.217-220 just smelled like heavy bag to me, even in the moment.Not a $3.35T company right now.Also nowhere near the flavor of the month.
avatarMeroy
06-19
$Meta Platforms, Inc.(META)$ In couple of weeks IMHO, you may be able to see big boys' ginormous dumps here again, its clear from the recent price action at the Mt. Everest PPS level here. How convenient that the big boys can exit relatively easily before the small-time common Joes get any clue for weeks? What real-time digitally transformed World? When it comes to Capital Markets, nothing has changed ... big boys have always found a way to make their lives easier! Be safe!
avatarMeroy
06-18
$SUPER MICRO COMPUTER INC(SMCI)$ Congrat to LONG. SMCI not only held the 50 dma in the morning but also traded up to 920+. Even it cannot close above $900, it is 3 days in a row closed above 50 dma with > average volume for the 2 positive days. All the TA indicators are in buy signal. I am looking to see SMCI trade up to $1000 soon and later if the momentum continue. However, if there is pullback due to the market negative sentiment, it needs to hold the 50 dma ($838).
avatarMeroy
06-17
$SoFi Technologies Inc.(SOFI)$ not going anywhere until ER and even when it triple beats. MM gonna find some tiny flaw and over blow it to keep it suppressed….. they are gonna have to crush that EPS to burn shorts… just keep accumulating over time and wait a year before it gets were it should be. At this rate tho executives won’t get any pay outs if this doesn’t get over $25 by 2026.
avatarMeroy
06-14
$Alibaba(BABA)$ Fear being 75% below its peak. All that and this company is still generating 20 billion in FCF.This is all temporary (might take years). Once we see solid double digit growth we shoupd start marching higher. Now, the patient investor will wait while the impatient investors keep in changing shares of this company between them and the last one who makes money thinks he understood it all!
avatarMeroy
05-18
$NVIDIA Corp(NVDA)$ Still well above 900 as we have the 5/22 showdown coming up, which isn't bad if you bought it a long time ago.Both calls and puts are were essentially wiped out at expiration on 5/17, so brutal.My 5/24 calls 840 and 915 are still intact and profitable.Again, it's much better to have a steady rise ahead of an earnings report than a parabolic rise, otherwise heavy profit-taking is inevitable even with excellent earnings and guidance.
avatarMeroy
05-10
$Walt Disney(DIS)$ this could be in a tight range for some time. Mostly bullish on Iger and their near-term plans but I wouldn’t be diving into any bullish options. Have been adding since 105ish and I’m prepared to add more but to bet on a worthwhile rapid move in either direction is foolish here imo. Theta decay central.
avatarMeroy
05-01
$SUPER MICRO COMPUTER INC(SMCI)$ If you look at those earnings and guidance and think down 10% is the proper reaction you should not be in the market plain and simple. I am adding just waiting to see if they use Powell tomorrow to manipulate us down farther.this company grew over 200% YoY and raised their forecast for 2024 .. please share another company that’s done that in 2024 .. I already own Nvidia $NVIDIA Corp(NVDA)$ so don’t bother mentioning it
avatarMeroy
04-26
$MicroStrategy(MSTR)$ I am expecting a « GameStop » like event to teach shorts a lesson ! Saylor will orchestrate this when he will finance his next BTC purchase . He will need a much higher stock price for his upcoming convertible… shorts beware !
avatarMeroy
04-26
$Trump Media & Technology(DJT)$ might be worth your while to ask the SEC how a market maker can have $65 BILLION in assets sold but never purchased? They are selling assets they do not own as an IOU for later that would literally bankrupt them if they were forced to buy those assets.
avatarMeroy
04-25
$MicroStrategy(MSTR)$ Low volume despite down volatility in Bitcoin. This week is option expiration and option holders are nervous. These are small traders who are irrelevant in the big scheme of things. Big fish are buying this stock, to get more exposure to Bitcoin. Unless volume picks up considerably while BC keeps going down, there is nothing noteworthy here.
avatarMeroy
04-18
$ICZOOM Group Inc.(IZM)$ So, IZM kind of did what ATXG did. It shot up to $100 in pre-market, then dipped before opening. I jumped in at $25.50 and cashed out around $800. The chart's price already accounts for a reverse split. Just so you know. I was hoping for a strong close like what ATXG got with a massive gap up after hours, but it might take a day or two before we see any major action. All speculation though.
avatarMeroy
04-16
Last ER the two mystery companies that the CEO discussed:1) one of the largest EV makers that they have an agreement to put SOUN $SoundHound AI Inc(SOUN)$ in its entire fleet is BYD $Boyd Gaming(BYD)$ .2) the restaurant that is bigger than 10,000 locations that they are on boarding that they can’t talk about because of NDA is Yum brands!
avatarMeroy
04-12
$Rent the Runway, Inc.(RENT)$ This candle indicates a strong attempt to raise the stock, pay attention to the long tail which indicates that the sellers have outnumbered the buyers. Remember, such a candle signals the following declines.And as you can see, a few candles after this candle, comes the big red falling candle.The attempt to raise the stock during lunch time also fails.
avatarMeroy
04-12
Did anyone consider the insane EPS beats we would have this year if personal loan default rates stay in the 3%-4% range instead of the 7%-8% range guided by SoFi $SoFi Technologies Inc.(SOFI)$ ? Also the strong economy (low unemployment and moderate GDP growth) would contribute significantly.
avatarMeroy
04-10
$Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ What Nvidia seems to be attempting, is a very tall order, and their most threatening rival is AMD. becoming entirely dependent on Nvidia is a very bad idea, so my bet is that AMD will be given a lot of opportunities to catch up and become a much more significant AI player to serve as a counter weight to Nvidia. I expect that open source software solutions will gain a lot of traction, it's a way to ensure that software frameworks will work on hardware from different vendors. Since Nvidia is trying to do just about everything, they may take an even more extreme route, and try to prevent their hardware from operating with software tha
avatarMeroy
04-09
$Tesla Motors(TSLA)$ Bearish to Bullish Break out Coming Soon with bottoming pattern. Waiting for a buy alert from our indicator before we go long. The technical analysis description "Bearish to Bullish Breakout to the upside" typically indicates a transition in market sentiment from a bearish trend to a bullish trend, accompanied by a significant upward price movement. This breakout suggests that the previous downward trend in prices has been overcome, and there is now potential for further upward momentum in the market. Traders and investors often interpret this breakout as a signal to enter bullish positions or to adjust their trading strategies to capitalize on the anticipated upward movement in prices.
avatarMeroy
04-08
$GCT Semiconductor, Inc.(GCTS)$ GCTS is doing collaboration not just to develop 4G/5G but doing it for BOTH mission-critical and public safety networks - they're not going anywhere don't let institutions naked short you out of your position . and we are trending.. holding for long term.. international we going.. $15 $20 $25 this week… better buy don’t be left behind

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