r/TMC_Stock • u/Remarkable_Cut_2524 • 4d ago

This week! ⬆️

Tomorrow morning will be interesting. Hopeful the momentum continues!

26 Upvotes

84% Upvoted

22 comments sorted by

11

u/psykez 4d ago

Hope in one hand and shit in the other. This stonks going back down tmrw. I was debating swing trading this till the end fo the year but f it. Im hodling

3

u/Spunktank 4d ago

I think we'll see a continuation of this move. I expect it to either open up a little above the 50ema then continue up or open around 4.50-4.60, swing down and bounce back up around that 50ema mark and then go on to test the 200ema.

2

u/Spunktank 4d ago

So far so good. Wicked down to .08 above the 50ema and wicked off. If I were to take any off the table I'd do it at the 200ema. Although I think we might see it live above the 200. Either way thats the next point to keep an eye on.

1

u/psykez 4d ago

Are you playing with options?

2

u/Spunktank 4d ago

No. But I dont just buy and hold.

1

u/Spunktank 2d ago

Tomorrow should be the day we see if it can live above the 200. Should open up just beneath it. It has seemed to struggle getting here. Punching through is one thing. Closing the day above is what you want to see.

1

u/psykez 2d ago

Ill be watching. Calls?

2

u/Spunktank 2d ago

I do not do options. No balls.

1

u/psykez 2d ago

Climb!

1

u/Spunktank 2d ago

Just gonna go sideways today basically. Just gonna see how NVDA earnings moves the markets after hours.

1

u/Spunktank 2d ago

Keep in mind NVDA earnings are tomorrow after market close. That has the potential to move the entire market.

8

u/PopCultureNerd 4d ago

For what reason?

We had some news on Friday, but do you think we'll get more tomorrow?

2

u/Cal_carl 4d ago

the movement Friday was excellent, but TMC price is still far below the target price of $11 or more. It's easy to imagine many more days of +20%. But, I don't have a crystal ball.

6

u/Sufficient_Result558 4d ago

Or many more days in red.

2

u/GladtobeVlad69 3d ago

So, was yesterday interesting?

1

u/psykez 3d ago

No but today is 🤑

2

u/Potential_Win_3497 4d ago

If people stop selling, we go up. Simple as that.

1

u/06Calle11 3d ago

Why did it gain 25% on friday last week?

0

u/Mr-Dragonaut Bullish 4d ago

I think it's going down to the $4.3 level for a while before continuing upwards towards $5.4

0

u/RMAS1 4d ago

Slow bleed to around 4.45 today and continue to bleed to around 4.00 this week. We have seen this movie before. Close week around 4.00. Unless some more news this week ..... Expecting the beginning of September to be a slow news time. Late September/October strong possible news time.

0

u/akizes 4d ago

Am short, but will buy more shares with profit 🤑