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Why use moving averages? Study 1,000 of the biggest winners in the stock market over the past 100 years and you'll find out. And by the way, many institutions perform technical analysis. -Qullamaggie
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The Burned Head
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$ASTS Holy Sh\*t
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$VRT The weekly chart looks ready 🆙
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Spectacular performance this week, one of the best in the market. +26% WTD 🟢🎯 $IREN
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$NBIS similar chart 👀
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$LEU It seems like they intend to leave. 🆙 Is nuclear energy being activated?
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$RDDT currently resists losing those levels.
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The quality of your thinking determines the quality of your life.
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His lord said to him: "Well done, good and faithful servant; you have been faithful over a little, I will set you over much. Enter into the joy of your lord." - Matthew 25:23
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It's incredible how humans forget that they are only passing through this world and that everything is ephemeral.
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It's no coincidence that the Stoics had a phrase for this: "memento mori"
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"If you don't sell at the strength, you'll end up closing at the weakness." - Qullamaggie A reminder to take profits when the rally becomes parabolic. $RIVN
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"Loose and slack is for losers, tight is for winners." - Qullamaggie Same asset, different stages. $GGAL
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You can see a nice setup and think that the next big bullish move is coming, but you can't see what the market has in store, so don't be 100% confident in what you think and trade/manage based on what the market shows you. $CRCL breaking down
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"When you feel smarter than the EMA 10, you're finished" - Qullamaggie. $TSLA
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$RDDT Fuerte sell-off today, now at a possible reaction point (AVWAP of the Min. of Nov. 20) in case of a break, the next possible support is the AVWAP of the previous Max. of Sep. 18.
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$KTOS +40% 🎯 9 sessions without testing its DMA 10, waiting for a break either in the form of time or price.
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