MMAT on the move up again today
MMAT on the move up again today
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GG. FAA grounded due to July 11th flight deviation. Funny how they got grounded the same day they announced the late September Italian flight, lol.This quote is hidden because you are ignoring this member. Show Quote
Sitting at $10.14 and been paying a nice dividend. Figured it would be above $12 at least by now though.This quote is hidden because you are ignoring this member. Show Quote
This has done fuck all since trading started again.This quote is hidden because you are ignoring this member. Show Quote
Back to 5.80s in after hours. Could see 7-10 in a hot second if it can find it's legs. Depends if it rejects the highs here.This quote is hidden because you are ignoring this member. Show Quote
If it hits 10 im sending FV a bottle of somethingThis quote is hidden because you are ignoring this member. Show Quote
+1This quote is hidden because you are ignoring this member. Show Quote
I think we could be seeing 10s real soon
MMAT hit 6.42 Friday morning This move is coming a bit earlier than I expected given that it's going without a catalyst but I'll take it. We're starting to trend now, it's definitely brewing and showing some predictable characteristics. I'll throw up a chart when I run my scans tomorrow.
Overall an okay week. Had better, had worse.
WORX +$1000
BBIG +$2500. This has been a tricky one to catch the bounces on as it likes to dip further than the usual support levels. Still on watch this week for a double bottom of the 6.87 swing low
RGC +$2000
SPRT -$1500. Small loss on my first attempt. This is doing the same thing as NURO, early dip buyers keep pushing it up. $20-21 is the average I'm wanting, looks like it's almost ready.
MOXC -$500 still holding
AMC +$5000 still holding. Took a gamble on it to see if it'd breakout over 50, didn't work out. It's flagging again so I'll hold and see if this one breaks. Stop loss is now under $42
MMAT +$23,500 long term play, still holding
Seems like a non-issueThis quote is hidden because you are ignoring this member. Show Quote
Market hasn't digested it fully and October more shares are free from lock-up so would not be surprised if Chamath or others sell more shares.This quote is hidden because you are ignoring this member. Show Quote
In any event, this stock isn't seeing $40-50 again for the next year or two so covered calls is the play here if one owns shares.
@freshvibes do you use unusualwhales?
If anyone is wondering what that is - its this discord channel - heres an invite: https://discord.gg/unusualwhales
I came across it but haven't researched too deeply into how it works. There's a lot of chatter to sift through it's hard to keep up with which plays fit the core strategy in there.This quote is hidden because you are ignoring this member. Show Quote
A quick chart analysis on MMAT.
Daily chart - we've bottomed out at 2.80 and now starting to curl up. There's a quite a bit of overhead resistance to break through so it'll need to pick up some serious volume if it's going to push through those levels. Nothing goes straight up so I'm prepared for a fat dip down to 4s for a cup and handle pattern. Keep in mind that we are moving up with no catalyst so that still leaves us with the opportunity to get a nice push with a positive PR. If I were George (MMAT CEO) I'd wait for this to pick up a little more steam and drop some news at 10 and 20 to really get it going. Not holding my breathe but that's just what I would do if I wanted to get a squeeze out of it lol.
15 min intraday chart - It's been trending nicely along the 50ema. Each time it broke under it's managed to recover pushing to new highs. These are good loading areas since buying dips helps you stay with the flow of the trade. They say 3 time is a trend so we'll want to see the 5.20 swing low hold, grind back up, and make new highs again.
Watchlist for the week
SPRT - Still my main watch off 20-21
ANY - Second favorite this week. Bounce at 5.50
IPHI at 4.50
PXLW at 4.50
APOP at 5.80
AGFY - 20-20.50 area
AHPI - had a few decent perks off 9s. Could still see another one. $8.80-9 must hold. It's going lower if it can't maintain that level.
BBIG - a tricky one to catch will wait for 5.50 to be safe
Last edited by freshvibes; 09-07-2021 at 04:33 AM.
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Loop changed their name to FOBI AI and is starting to get its legs again.
AMX looking ripe for a buyout.
Was thinking about your 'MTRX worth a look' comment earlier today. Looks like those legs grew pretty fast. Been in FOBI for quite a while now.This quote is hidden because you are ignoring this member. Show Quote
Looking around
Wondering what became
Of what I once knew
Same. Been bag holding about a year now. Finally in the greenThis quote is hidden because you are ignoring this member. Show Quote
Instagram: aka_drinkawaythepain
Markets were red yesterday making things a bit trickier to trade.
SPRT took an entry at $20.52. This dropped a lot further than I expected hitting a low of 17.57 but managed to make a small recovery in after hours. Hoping for the payout by the end of the week if it can hold it's bounce.
BBIG looks like playing it safe was the wrong play. Ran 45% yesterday.
AMC back to recent highs again, looks like it's almost ready to breakout. Still holding full position
@freshvibes , loving the energy you are putting out there man. I can't handle the stress of watching my investments daily, but fun seeing you work your system.
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BBIG is on the move this morning.