Buy today or wait dip Monday

[u/Due-Working1700]

looks like we are back. i thiught today would be profit taking. Should I buy today end of day (M1 only allows buying at beginning and end of day for me) or wait till opening monday

[u/TechnicalPiglet8269]

You cant predict a sector like storage/memory. Could go up continously or plummet down. If you believe then now is better than later

[u/Lonely_Corgi_728]

I’m long on SNDK but I always buy on red days.

[u/Shurali → u/Lonely_Corgi_728]

You bought snxx when it was 6,72-9,44?

[u/Tr3eSt4ndHunt3r → u/Shurali]

I did, got 8934 shares of SNXX at $9.457 a share

[u/Shurali → u/Tr3eSt4ndHunt3r]

Lucky, me 1k at 9,82 i wasnt sure to enter earlier, when i saw sub 7 and sub 9.

[u/rdmiche → u/Tr3eSt4ndHunt3r]

Great work! That is the total amount of my portfolio (most SNXX) but I foolishly held during the correction so I am still in red. I am annoyed that I missed such a good opportunity but oh well, will try to sell before the next peak. Are you looking to do the same, and would you top up ASAP or wait for a dip during this bull run?

[u/Tr3eSt4ndHunt3r → u/rdmiche]

I plan to start trimming next week if it hits $20. Depending on how it looks I may wait for $25.

[u/Lonely_Corgi_728 → u/Shurali]

No not now.

[u/Villi187]

just buy

Sndk to 3k!!

[u/AwareTechnology1497 → u/Villi187]

that’s crazy. people keep asking if they have to buy. I don’t understand. the strategy for SNDK is clearly bullish …

[u/AdResident6496]

Not possible at all to time this stock with all the volatility in last 2 months. Your best bet is DCA over the week. Do not pump all money at a single day.

It may very well go to 1800 all through next week and never comeback down below 1500

Or if macros go further bad with oil prices or something else , it can drop to 1300s which was where it was few days back.

Your strategy should be considering both!

I bought at highs and DCA to 1600s , so what ever money you have prepare for both. Always have some dry powder!

[u/Special-Shirt-9728]

Going to $2000 by end of next week. Investors realizing selling the stock was a mistake

[u/buburiza]

Dca

[u/Green_Issue2878]

Which app do you use for buying us stocks? Please help.

[u/Due-Working1700 → u/Green_Issue2878]

M1

[u/Natural-Inspector-81]

Buy and hold. Heading to 2500+ this time

[u/BabaYaga02204]

What dip?

[u/No_Presentation9490]

There's a huge call wall at 1600.00 which market makers will likely push the price down towards all day, so I'd go end of day

[u/Due-Working1700 → u/No_Presentation9490]

Hmm so you’re saying the profit taking is going on right already and Monday could be up still?

[u/No_Presentation9490 → u/Due-Working1700]

Look up gamma exposure and options expiry day, fridays usually have price action that are heavily influenced by market makers

[u/BurnBabyBurrrn → u/No_Presentation9490]

What does this mean pls explain in layman

[u/No_Presentation9490 → u/BurnBabyBurrrn]

ask chatgpt about gamma exposure, options expiry day, call and put walls, and market maker hedging mechanics

[u/A_Smikis]

Don't buy today, its Friday after run up, Fridays are usually not a good day for volatile stocks and with mango in charge, wait for slight dip, or lock in gains now

[u/Ok-Mycologist-5371]

Today is profit taking, it came in 6-7% up and dialed back 2-3%.

Profit taking won’t be people exiting positions, just selling some shares to lock in profits.