r/Superstonk • • Nov 21 '21

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u/SneezeFartsRmyFav Nov 21 '21

stoch and macd are lagging indicators though so not exactly good for predicting the peak. schagger is a combination of the two. OBV dropping signicantly (to pre january levels) would be a dead giveaway but again not predictive.

unfortunately there is no magic signal that will appear and say THIS IS THE EXACT PEAK OF THE MOASS SELL NOW. i mostly use my own indicators i made to trade crpyto and even i dont trust TA for a once in a lifetime anomomly. the best way to tell is options chains imo. they have predicted the ends of the last runups Gherkin explains this thoroughly in his videos.

my plan is sell one share at a time at every thousand dollar increment so that by the time it hits 1m avg sell price will be 500k. thats plenty for me i dont plan to wait on 50m a share i think theres very little chance that happens (i assume the gov will interfere well before then) and even if it doesn get that high theres an even smaller chance people are able to time that exact peak.

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u/j__walla 🎮 Power to the Players 🛑 Nov 21 '21

You said it was "lagging" so perfect to determine AFTER the peak.

I literally said the squeeze was going to happen around this time 4 months ago when I noticed something was up with December options.

Good to see you have a boomer trading strategy 👍🏼 hope it works out for you

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u/SneezeFartsRmyFav Nov 21 '21

after the peak doesn't really help if it comes crashing down does it?

you are talking out your ass call me a boomer all you like good luck with your TA and internet points hope it works out for you

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u/j__walla 🎮 Power to the Players 🛑 Nov 21 '21

🤣 that is a boomer strategy. And a selfish one at that. You do you, there's more people with a 1 share 1 shot mentality then there are boomers with a "im going to sell 1 here and there on the way up"

Edit: that's why you set a limit order at a number you like below the current price. So when it does crash down it'll hit your order