I sold 100 MRNA at $183 yesterday (too early, shot all the way to $189), today place a GTC buy at $175
Primary count in darker blue.
Paulâs count in lighter blue.
In both situation, MRNA is in wave four, 4 for Primary and IV for Paulâs count.
Looking at this bigger picture, I might be a bit rash to buy back MRNA so soon, may be I should get out of MRNA for a few weeks. Ofc, holding longer than 1 year, nothing to worry about since it would be much higher than $218.45 (AH high), estimated to be around $250 (wave 5) by end of the year. Wave V would be much higher.
You are playing like penny stocks. One day you will be out of MRNA and next day it is going to jump $25 or $50, then you will regret not holding it !
I have lost track of what I am supposed to get out of all these. Essentially forgotten what I am chasing and merely chasing the dopamine rush. I need to reconstruct
Anyhoo when I drill in ie. deeper analysis, I realize it is likely that wave 4 has been completed and wave 5 has started, refer to chart below. I have tentatively put target of wave 5 as $250 but $250 could be wave i of wave 5, need even deeper analysis, sleepy now, time to sleep.
Currently I have 4 short puts open, 2mrw morning, depending on price behavior, I might FOMOed buy back 100 shares at higher price than I have sold
This.is correct!
May be of interest to @Jil @mcp @manch
The author bragged about how he used EW to make big bucks in MRNA. For those who want to learn EW, the author has provided step-by-step EW analysis to forecast the price.
great thanks!
Yesterday, my MRNA position is red. Today are all green Keep it that way please.
I decided to apply for extended hours trading yesterday. Approved within 5 mins. Bought 50 MRNA to confirm is working, now is GREEN2.
You tried to trap me for NVDA, but failed. Now, you try to trap @manch for MRNA after market buy and sell during open ! Good luck !!
Uncle, you donât know what you are missing .
Btw, didnât tell @manch to buy MRNA. Uncle, you are old.
After market buy and sell during open - manch new concept - may be he trapped you to that concept testing !
I check and re-check my computation. Target of III.5.v for MRNA should be $250. Target of III.5.i should be $230. Is now in III.5.i.(3) Still can buy only $182.66 now.
Uncle, I am learning but I am young and nimble, learn fast, net savvy, tap into social media community, I should come out ahead of you in a short time. You baby boomers learn too slow, you should stay home and take care of your grand children
You should have understood this when MRNA hit $99, the appreciation will be 250%, but now (250-180)*100/180 = appx 40%. Technical(EWT)+Fundamental is mandatory for great run !
Uncle, I am still young and plenty of time to make money.
Thatâs not what they are saying. They are saying no single trade lowers your account by 1%. If your account is $1M then no trade should lose more than $10k. It should always be sold before that point to cut the loss.
IMO, Not possible by humans, esp market corrections are going down. If computer algorithms are used (I have not done), big funds hedge against a major fall and they gain a lot.
See there is not hints given here
I am not that good
My buy n hold AAPL has suffered huge losses of 50-90% a few times since I bought in 1997-2000. First time, fetal position. 2nd time, better. Now, just a BIG down day.
Articles always said so. I followed initially and realize too slow, both slowing and winning. Nowadays, bet BIG or go HOME.