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Price Action Notes August 4.0

August 21, 2020 by 2deepaksingh 18 Comments

Starting Date: August 21 2020

Filed Under: Daily Dose

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Comments

  1. Ravi Iyer says

    August 21, 2020 at 1:18 pm

    hi Deepak,
    wondering why are we not discussing large caps. They have given spectacular returns in any time frame. what do you think of amazon or netflix right now ?

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    • 2deepaksingh says

      August 21, 2020 at 1:20 pm

      I covered Amazon and Netflix in the past
      https://price2action.com/?p=852

      You are right I should have focused more on them

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      • Ravi Iyer says

        August 21, 2020 at 2:02 pm

        Thanks. i remember your netflix post and holding it since then. Decent returns from it as well (Thanks). Getting a feeling that the growth rate in large caps has been amazing as well plus they are holding substantial amount of cash. This can further trigger a rally in them. would like to hear from you on them. I really liked how you covered amd.

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  2. Tarun Jain says

    August 24, 2020 at 7:53 am

    Good Morning !

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  3. Tarun Jain says

    August 24, 2020 at 9:04 am

    Do you track $GRWG and $APPS.. ? Added to watchlist and waiting for them to settle

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  4. Tarun Jain says

    August 24, 2020 at 9:08 am

    Lot of growth name which doubled in August came down sharply in last 2-3 days.

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  5. Tarun Jain says

    August 24, 2020 at 9:12 am

    $PLUG .. I took trailing stoploss at $12.45 . Let’s see something not feeling right with overall market.. so I have tightened my trailing stoploss.

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  6. Joe says

    August 24, 2020 at 9:24 am

    Hi Deepak,

    Is Bloom energy buy at the current price? Is it making bird on the roof pattern?

    Thanks

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  7. Vivek Arora says

    August 24, 2020 at 12:52 pm

    What’s ur suggestion on Zillow ? Hold or exit?

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    • 2deepaksingh says

      August 24, 2020 at 12:58 pm

      Hold

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  8. Tarun Jain says

    August 26, 2020 at 7:57 am

    Thank you for $SPWR.. after missing some good trades in last fee days something finally did 20% for me.

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  9. Tarun Jain says

    August 27, 2020 at 8:08 am

    Can you please explain what happened to $SPWR today ? Is it a good thing ?

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    • 2deepaksingh says

      August 27, 2020 at 8:21 am

      https://finance.yahoo.com/news/sunpower-maxeon-solar-technologies-close-130100007.html

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      • Navaneeth Raman says

        August 27, 2020 at 9:18 am

        SPWR was trading at ~$12 and for every SPWR share got 0.125 shares of MAXN and it’s trading at $16!! That’s a steep drop or am I missing something?

        Thanks,
        Navaneeth

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        • Navaneeth Raman says

          August 27, 2020 at 10:39 am

          Never mind. I thought they converted SPWR shares to MAXN and got worried!!

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      • Tarun Jain says

        August 27, 2020 at 10:14 am

        Thanks yes saw this news.. thankfully bought before record date 17th.

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        • Amit Jain says

          August 28, 2020 at 7:47 am

          Should we still hold SPWR & MAXN, Not sure how to handle it now ?

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          • 2deepaksingh says

            August 28, 2020 at 7:48 am

            If you are a trader, yes get out and move in something clean

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