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

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

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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