/biz/ - Business & Finance

I have entered two positions for swing trades this morning. RTI, mainly because it has completed the technical pattern i was looking for; consolidation ~50 RSI. Second ticker is HVT, which looks like it's going to break resistance shortly.

No idea how long Canopy is going to keep trading in overbought conditions. It can crumble at any time here and trash the whole sector's momentum.

Taking a look at level 2 here, looks like gap up and immediate drop type deal on Canopy. If Canopy dumps everything dumps usually.

I am considering day trading today if retail pile on fomo happens. Everything way the fuck overbought already but i'm not going to turn down a stupid 10%+ rise if the wind is blowing that direction.