The Rokslide Stock Traders Thread

David Walter

FNG
Classified Approved
Joined
Sep 30, 2015
Messages
73
I have high hopes that PLTR, OKLO, BBAI, SOFI, UMAC, RCAT, et al finance my lavish retirement.

Did you see DOCS and OKLO on Friday?

If I see something on IBD’s “Stocks on the Move” daily list, I quickly cross reference with Zack’s, and if its a strong buy or buy, I look on trade vision to validate a breakout, and that it’s over the 50 day moving average and RSI is trending upwards.

If all of the above, I buy and set a stop @ 92% of the purchase price.

Once a stock gains some distance (up) from the purchase price, I set stops at the 20 day moving average or 92% of current price (which ever is higher) for fast movers. BBAI in the last two days is a good example. Or 2% below the 50 MA for slow and steady climbers that I’ve owned for a while. Why 2% below? Gives them some room to bounce.
 

David Walter

FNG
Classified Approved
Joined
Sep 30, 2015
Messages
73
I originally held $5,000 at $1.x per share and got out because they were moving sideways. I got back into UMAC at 5, rode it to 21, sold at 18, and got back in recently at $10-ish.

It’s a sunk cost now, a long term hold. I suspect Allan will get it back to above $20 sometime this year and then it’s the moon because of partnerships with red cat and PLTR.

Modern warfare will be AI drones, air, sea, or land.

And the same AI that drives autonomous combat vehicles, can drive manufacturing.

This is where PLTR and BBAI, UMAC and RCAT live.

Glancing at the chart it might have been nice to have gotten this tip back in October of last year!
 
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