SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: catou1 who wrote (72647)10/21/2022 10:56:05 AM
From: catou11 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97611
 
I think AAPL is a good indicator for soxl



To: catou1 who wrote (72647)10/21/2022 11:00:53 AM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Respond to of 97611
 
How big is big? I've day traded $200+k positions. It becomes a problem to jump in and out on market orders and limit orders will experience slippage. Today's positions were ~$20k each, but I don't change my trading style.

This is a 1 minute chart of SOX, so don't read too much into the trend. The message here is that it is stuck between the two fibs until it breaks above/below one of them.





To: catou1 who wrote (72647)10/21/2022 11:03:10 AM
From: towerdog  Read Replies (1) | Respond to of 97611
 
Flat back to the drawing board



To: catou1 who wrote (72647)10/21/2022 11:49:13 AM
From: Sun Tzu3 Recommendations

Recommended By
ajtj99
catou1
towerdog

  Read Replies (4) | Respond to of 97611
 
Here's the picture. We'll see if history repeats or if it breaks above the fib. If it settles above it, I will keep the long position over the weekend. I'm still long 20k shares since my last buy at ~7.8. My guess is up.

EDIT - "above" = 2332

.