$Polestar Automotive (PSNY.US)$ Price may retrace to $1.60, a 20MA level at the moment. The next leg down would proably be $1.43, the 0.618 Fib level. So I'll reload half of my position when hit.
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$Polestar Automotive (PSNY.US)$ The MM is flushing the paperhands out. Institutions are waiting for the right floor to scoop up.
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$Polestar Automotive (PSNY.US)$ The price actions have been nothing short of miraculous lately. I've set up a 5% trailing stop just in case of any unforeseen dramatic pullbacks.
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$Polestar Automotive (PSNY.US)$ Russell 2000 is up 0.53% whereas other major indices are flat. Hope it wld help boost small cap stocks such as PSNY to continue the uptrend today.
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$Polestar Automotive (PSNY.US)$ Stock price just cut thru the $1.40 resistance level like butter. So would we start seeing any gamma squeeze happening?
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$Polestar Automotive (PSNY.US)$ Revenue $574.9M vs $642.8M estimate, down 17% due to higher discounts and lower global volumes. Operating loss fell to $242.3M vs loss of $273.6M last year Q. But management said its car deliveries rose 82% to 13,150 in Q2 and said it remains confident of a stronger 2nd half of the year, including an expected Q4 boost from sales of 2 premium SUVs.
Thus, I just doubled up my position which I've sold off yesterday.
Thus, I just doubled up my position which I've sold off yesterday.
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$Alibaba (BABA.US)$ For those who intend to or already shorted Baba stock, please be aware that Baba still has US$26.1Bil repurchased program in hand as of June 30, 2024, and they had repurchased 77Mil shares for US$5.8Bil in last quarter.
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$XAU/USD (XAUUSD.CFD)$ The Gaza ceasefire talks have temporarily put Iran retaliation on hold, thus gold has temporarily lost its shine!
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$Polestar Automotive (PSNY.US)$ Stock price jumped +15% just because a rating upgrade by Cantor Fitzgerald only? There got to be something big going.
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$Polestar Automotive (PSNY.US)$ What's new? Up 8% two days in a row.
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Macdonell J OP : Under estimated MM the ability to flush out all paperhands' stop losses. Changed my mind to jump onto the bandwagon on the mid way up.