At under 120, Walmart has to be on the radar. Decent earnings other day and sold off a bit, but nowhere as bad as Target. In a recession, hard to see people flocking away from WMT. Decent support around 119 and then again at 110 or so. Might wait for dust to settle and hope for 110. Or sell puts to it.
When is it time to buy back in? 52High was 376
LOL. I wouldn't be in a hurry, but some support around 128-129. Cloud not real hot right now.. Especially for those not yet profitable. Its up to the Fed. Do they follow thru and keep raising rates? If they raise as much as they should, everything will get crushed. But there's a chance they scare themselves off after June.When is it time to buy back in? 52High was 376
BRUTAL MARKET CORRECTION GENTLEMEN......& CRYPTO BLOOD BATH.........not catching no falling knives. Hoping for $14,513 Bitcoin ( this would be the 8th 80% drop in bitcoin , so history might repeat ) The Federal Reserve is in a pickle & may raise rates very aggressively .
I averaged down last Thurs night on several Crypto positions after a mini bounce and now the time is coming very soon to average down on various tech stocks i bought in 2021.
we are approaching serious oversold territory in 3........2........1..............
That $20k level is a real key support level for bitcoin. That was basically the top in late 2017 and was resistance on the way back up. If that doesn’t hold, it’s a pretty big drop to solid support.
Plenty downside left now
Good. I will keep buying. If i have to ride that horse into the ground, I will.As long a interest rates rise, Bit and company will tank.
Don't know about eth, but bitcoin has always gone down 80-85% from all time high. Last was 20,000 to 3,000 before the big run which happens when they halve every four years. Next halve is 2024 so waiting to about 10,500 before buying. Don't expect any run until then. Books have lost quite a lot, but still up big.