Traders- Today was perhaps the smallest range day in Emini S&P500 of all year! It was a perfect balanced day, see image A below. From my plan last night, my level was 4126. On the upside, I expected 4170 to be the resistance. While we did not trade either level in the cash session, overnight, 4173 was high of the day.
Tic, nice levels. Can orderflow see gamma and short squeezes? Since you don't see the bottom until next year, think we test ATH soon? Feels like a lot of pent up energy with Elon pumping.
Just curious, with midterms looming market is finding balance with dollar and rates supporting this up move. Not a single person believes this is a bull market rally. What if we keep going up and squeeze all the bears till 4500?
$Tsla rally is just amazing. It is an amazing stock. Maybe liquidity is still rampant and slushing around thru financial system after all the "tightening."
What benefit may I have in spreading such misinformation? Please cite your sources. Shareholders will be given 2 extra shares thru a mechanism of share dilution.
With a stock split, companies issue more shares to existing shareholders, in proportion to what they already own. Since there are more shares outstanding, this reduces the stock's price. Stock splits don't dilute shares since the ownership stake of each shareholder stays the same
Companies often split shares of their stock to try to make them more affordable to individual investors. Unlike an issuance of new shares, a stock split does not dilute the ownership interests of existing shareholders. When a company declares a stock split, its share price will decrease, but a shareholder’s total market value will remain the same. For example, if you own 100 shares of a company that trades at $100 per share and the company declares a two for one stock split, you will own a total of 200 shares at $50 per share immediately after the split. If the company pays a dividend, your dividends paid per share will also fall proportionately.
A stock may split two for one, three for two, or any other combination. A reverse stock split occurs when a company reduces its number of outstanding shares, such as a one for two split. For a history of a company’s stock splits, check the company’s web site or contact its investor relations department.
I am getting my ass kicked Tic. I hope to use your levels correctly tomorrow. I keep making same errors when your newsletter is so straightforward. Keep posting. This work is TOP-TIER.
Tic, nice levels. Can orderflow see gamma and short squeezes? Since you don't see the bottom until next year, think we test ATH soon? Feels like a lot of pent up energy with Elon pumping.
When is IB close?
Tic,
When analyzing an asset on a longer time frame do you check yearly or monthly profiles, to inform your level picking. I find them helpful.
Should’ve had secnario 3 for a gap down on jobs
Tic what is the scenario when 4120 breaks...?
How do i get the TIic Top indicator?
Sold all my Tesla stocks at 725 .. waiting for pull back but it’s keep moving up 😂
Just curious, with midterms looming market is finding balance with dollar and rates supporting this up move. Not a single person believes this is a bull market rally. What if we keep going up and squeeze all the bears till 4500?
$Tsla rally is just amazing. It is an amazing stock. Maybe liquidity is still rampant and slushing around thru financial system after all the "tightening."
Shout out to Tic & Double Top for the setup... a candle loses nothing by lighting another candle. 🤜🏻🤛🏻
Thanks much Tic!
Good levels today Tic. Do you think $COST holds 540-560 Range or will it revisit $400s you think?
I don’t understand why tik says dilution when no new shares are issued? Why the misinformation? Does he really believes this?
What benefit may I have in spreading such misinformation? Please cite your sources. Shareholders will be given 2 extra shares thru a mechanism of share dilution.
With a stock split, companies issue more shares to existing shareholders, in proportion to what they already own. Since there are more shares outstanding, this reduces the stock's price. Stock splits don't dilute shares since the ownership stake of each shareholder stays the same
Stock Splits
Companies often split shares of their stock to try to make them more affordable to individual investors. Unlike an issuance of new shares, a stock split does not dilute the ownership interests of existing shareholders. When a company declares a stock split, its share price will decrease, but a shareholder’s total market value will remain the same. For example, if you own 100 shares of a company that trades at $100 per share and the company declares a two for one stock split, you will own a total of 200 shares at $50 per share immediately after the split. If the company pays a dividend, your dividends paid per share will also fall proportionately.
A stock may split two for one, three for two, or any other combination. A reverse stock split occurs when a company reduces its number of outstanding shares, such as a one for two split. For a history of a company’s stock splits, check the company’s web site or contact its investor relations department.
https://learn.robinhood.com/articles/5rlezLS4uMuf3cZTyEAo38/what-is-stock-dilution/#:~:text=With%20a%20stock%20split%2C%20companies,each%20shareholder%20stays%20the%20same.
https://www.sec.gov/fast-answers/answersstocksplit
Any thoughts on $BABA or $NIO? Thanks!
I have been a BABA bear since 120.
Great week Tic 👍🏻. 3/4 days have been balanced this week. Remember what happened last time at 4170...
I am getting my ass kicked Tic. I hope to use your levels correctly tomorrow. I keep making same errors when your newsletter is so straightforward. Keep posting. This work is TOP-TIER.
Keep plugging away. It is a process. Wish you the best!