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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (206433)10/16/2025 7:07:59 AM
From: w0z  Read Replies (2) | Respond to of 206723
 
Thanks Breeze! That double top at $9.41 could spell trouble for POET but possibly the brief dip below $8 may have reset things. What do you think? Are we done or do we need to go below $7.25? Looking good this morning pre-market but I'm waiting with some dry powder to see what happens with tomorrow's Max-Pain at $6. Maybe another gift?

I had sold most of my 1/26 $10 LEAPs Tuesday but thought I had made a mistake yesterday when I saw the run to $9.41. Fortunately I was able to catch that dip after 1PM and replaced them (in $ value, not quantity) with 1/27 10s. I still have a bunch of $4 and $6 1/26s but will let some of those go into early January to help distribute capital gains taxes between '25 & '26.

Thank you again for sharing your excellent work!



To: #Breeze who wrote (206433)10/18/2025 12:50:08 AM
From: My 2 Cents Worth  Read Replies (1) | Respond to of 206723
 
Breeze - Please update us on POET. It looks like Wave v of Wave (iii) was truncated. If that's the case, then Wave 4 had a deep retracement, but since it didn't overlap with Wave 1, the wave count still holds. Wave 4's usually take up more time with a sideways movement than they take up in price. But in this case, maybe Wave 4 is taking up more price, with a deeper retracement, than it is time.