stock market crash

[BABABlackSheep]

Pearson top FTSE performer today.

Seems every dog does have its day

Yes something is up with the markets today, covid not gone away, and stimulus not happening.

Everyone will be selling up hoping the market crashes again like it did in March. It probably won’t and they will then all buy back in again at higher prices.

Who knows, and unless you need your money out soon..who cares.

[BABABlackSheep]

287 AliBABA when you posted this.

312 now

Not sure I’m sold on this TA yet

Remind me again at the end of the month - think this will be super interesting.

End of the Month is Saturday. Lets see what happens on Monday morning.

TA vs Fundamentals

[scooterscot]

My goodness - that is the mother of all rising wedges. The monthly candle printed at the month end shall be interesting.

Can rising wedge break to the upside? For sure - however the risk / reward is next of kin to a drunk gambling in Vegas.

[scooterscot]

End of the Month is Saturday. Lets see what happens on Monday morning.

TA vs Fundamentals

PS: Market closes on Friday so there's no need to wait for Monday. The monthly candle will be printed and will tell us what's to come.

[Whorty]

PS: Market closes on Friday so there's no need to wait for Monday. The monthly candle will be printed and will tell us what's to come.

No, not us ... will tell you in your little mind what you think will happen.

[BABABlackSheep]

My goodness - that is the mother of all rising wedges. The monthly candle printed at the month end shall be interesting.

Can rising wedge break to the upside? For sure - however the risk / reward is next of kin to a drunk gambling in Vegas.

I’m a little confused. On your graph it said overbought(the green column)..but its massively outperformed since then?

[BABABlackSheep]

PS: Market closes on Friday so there's no need to wait for Monday. The monthly candle will be printed and will tell us what's to come.

Ok..on Friday, tell us the price you think the stock will drop to, or rise to next week.

I’m assuming drop to, as you slagged it off at 287.

[scooterscot]

I’m a little confused. On your graph it said overbought(the green column)..but its massively outperformed since then?

Where did I say that?

[scooterscot]

Ok..on Friday, tell us the price you think the stock will drop to, or rise to next week.

I’m assuming drop to, as you slagged it off at 287.

I don't do day trading. Thought I said so before. I'll try again.

I don't do day trading.

[BABABlackSheep]

I don't do day trading. Thought I said so before. I'll try again.

I don't do day trading.

You don’t do day trading.

You don’t do swing trading...(you do).

You don’t care about fundamentals.

What you’ve done is blown £20k on someone who tells you that past price movements can predict future price movements.

Your driving by looking in the rear mirror, and its incredible that on a 50% probability(up or down) you’re consistently wrong.

I await your TA on Friday.