r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • Jan 17 '25

Earnings Thread Weekly Earnings Thread 1/20 - 1/24

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u/davewuff Jan 23 '25

Been making new ATH since 1year, the chart rly looks like shit to push higher imo

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u/ultrasharpie Jan 23 '25

usually when it pushes ATH and it's doing good and guidance is going to be good. it squeezes. LIKE NFLX. so $AXP CALLS it is!

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u/davewuff Jan 23 '25 edited Jan 23 '25

The charts from NFLX before earnings and AXP before earnings look very different, but you could still be right, gl

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u/ultrasharpie Jan 23 '25

i dont disagree. I do see a lot of trades happening at 325. if it isnt good, then next level down is 312, or worse 300. BUT lots of bullish people. SO maybe inverse cuz im usually wrong?

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u/davewuff Jan 24 '25

Can recommend applying bollinger band with 200range to your charts, if something trades outside the upper band of the cloud, it’s usually time to sell. If something touches lower band of the cloud you can buy hand over fist. This works on indexes too, what a coincidence the corona dump stopped exactly at the lower 200bollinger band of spy

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u/ultrasharpie Jan 24 '25

LOL, this is a casino, sir!

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u/davewuff Jan 24 '25

Sometimes, yes

That time AXP reported earnings and was massively overbought beforehand? No

Kekw

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u/davewuff Jan 23 '25

If it goes green id recommend to dump fast