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Price Action Notes Sep 1.0

September 1, 2020 by 2deepaksingh 14 Comments

Starting Date: Sep 01 2020

Filed Under: Daily Dose

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Comments

  1. Snehal Teli says

    September 1, 2020 at 7:30 am

    DeepakJi,

    It’s blank..

    Can’t see anything.

    On Mobile and on Laptop, too.

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  2. Vivek Arora says

    September 1, 2020 at 2:31 pm

    Deepak pls review XPEV and share your thoughts.

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    • 2deepaksingh says

      September 1, 2020 at 2:34 pm

      There is a very limited price action history to do any analysis. If one believes that the stock can rally, then one should place a stop loss below 19.7 and hope for a ride

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    • 2deepaksingh says

      September 1, 2020 at 2:35 pm

      There is a very limited price action history to do any analysis. If one believes that the stock can rally, then one should place a stop loss below 19.7 and hope for a ride

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  3. Tarun Jain says

    September 2, 2020 at 8:14 am

    Aggressive profit booking in some stocks today.. Most of the stocks did good in last 2 days are 5-10% down from open

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  4. Amit Jain says

    September 3, 2020 at 8:51 pm

    Hi Deepak, Not sure if you updated the Tracker in the last few days or not ?

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  5. Tarun Jain says

    September 4, 2020 at 8:22 am

    Deepak ji we need your guidance to pickup up large caps once this dust settles.. I think they would be first one whenever market recovers. I am keeping an eye especially on TQQQ.

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    • Tarun Jain says

      September 4, 2020 at 1:35 pm

      All tech large caps erased loses.. TQQQ reached my target price 128-130.. but got double minded in putting the order. By the time waited for confirmation it shoot up. Managed to buy little Google and non leveraged QQQ.

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  6. Navaneeth Raman says

    September 8, 2020 at 8:21 am

    Is QRVO still a buy? It has broken below 120 but is bouncing from 100DMA.

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    • 2deepaksingh says

      September 8, 2020 at 9:07 am

      Lets wait on this one

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  7. Tarun Jain says

    September 8, 2020 at 3:07 pm

    $WORK Slack down 18% after hours, . moved below $ 25..
    Results seems as per expectations, but it’ doesn’t matter when market doesn’t like the company.

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  8. Navaneeth Raman says

    September 8, 2020 at 5:46 pm

    Deepak,

    What is your thoughts on TSLA stock? Is this a healthy correction that we can look for entry or is the momentum over for now in this stock? How have stocks reacted in the past after such a run-up? Anything we can learn from them? Infact, I am curious about the tech stocks that have risen quite a bit (most of them in the last few months took support at 20EMA) and now they have broken down. AAPL, DOCU, ZM, CRM etc. It would be very useful for everyone in this forum if you can advise us on how to position ourselves moving forward.

    Thanks,
    Navaneeth

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  9. Amit Jain says

    September 9, 2020 at 9:38 am

    Hi Deepak,
    It would be great if you can keep updating the tracker also, It really helps to visualize the stocks traded.

    Thanks

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  10. Tarun Jain says

    September 9, 2020 at 10:50 am

    I think we did pretty good in last 6 months.. only thing we missed was the crazy move in Tech growth stocks in August, even then Solar and other themes we focused on did good.
    Now most of excess is wiped off from system and it came back to mid Aug levels, (20-30 days gain gone one 3 days). It would be good to review some of those tech stocks and find some quality stocks.. eg: $NET , $DOCU, $PINS , AAPS etc.

    To me it is still a Sell on rise Market until it makes a higher high and goes above last Friday highs.. but we can use this time to make a list of stocks that we can re enter.

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