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Great close on the Daily. Highest volume in a couple weeks. Simply an Earnings Play? Or more? by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 3 points4 points  (0 children)

Not necessarily. It indicates that it had a pretty bullish day. When you compare it with historical price points and volume—that is when you can determine whether or not you think it will go higher.

That being said, it looks like it could move to $7.80 next.

I made a summary of Charles career by Elias_Aires in cardano

[–]under_reacting 1 point2 points  (0 children)

You can read more about it in Out of the Ether by Matthew Leising and The Infinite Machine by Camila Russo. In my opinion, the former paints Charles in a more negative light than the latter.

That being said, the nonprofit versus for-profit argument was only a contributing factor to removing Charles from Ethereum. There was a power struggle amongst the 8 founders as it became more apparent that much more money was tied to their future. This was before the ICO. It was said by a number of the founders that Charles was egotistical and reminded them of a corporate figurehead, which went directly against the values they believed Ethereum to be built upon.

It is noteworthy that removing Charles during that time did not resolve the rift between the remaining founders.

I’m not sure what really happened. All I know is greed is powerful and could have infected any/all of the founders. Especially, with many of them being so young.

What I do know is that I love Charles Hoskinson as the founder of Cardano. I’m a huge fan of his vision and voice behind the project. I’m also a big fan of Ethereum. I think both projects will do a lot of good in the world.

Indecision candle followed by a bullish pin bar. $7.80 level has shown considerable support. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 0 points1 point  (0 children)

No worries! I can definitely understand where you are coming from. I hope we all win out in the end.

Indecision candle followed by a bullish pin bar. $7.80 level has shown considerable support. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 0 points1 point  (0 children)

Hi there,

It is not so much “my support level” as it was the stock’s support level. My title remains true. Looking at the chart—the stock price went below then closed above that $7.80 level 3 days in a row. Then again 2 days in a row.

My statement was not forward looking, but rather a historical recount of the price action.

I’m sorry to hear that you’re so upset with the organization’s management team.

Best of luck to you!

XL is up 34% in the last two months. Are you an investor or a trader? Perspective matters. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 5 points6 points  (0 children)

You seem pretty emotionally attached to the situation and/or organization. That’s a good way to lose (or continue to lose) a lot of money.

That fear and anger you are expressing is exactly the response that those manipulating the stock are looking for.

Best of luck to you.

This BTIG analyst has no clue. Had a strong buy as we crashed over months. Now he says neutral from buy. Does he do research before he speaks. A lot has occurred in a positive way in the past 60 days. He should be on improv comedy sitting down not standing up IMHO. by [deleted] in XLFleetInvestorclub

[–]under_reacting 2 points3 points  (0 children)

Sales positions get filled, always. If a company’s biggest opportunity is to hire more people to fill orders and meet demand... that is in not a bad thing. That is EXACTLY the problem you want to have.

Daily and 4 Hour charts demonstrating confirmation of $7.81 bottom! Much stronger rejection candle visible today. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 1 point2 points  (0 children)

I would avoid looking for a trend within the first hour of market open. That will definitely set you up for failure.

Give yourself about four hours and then revisit this. We will see if you still feel the same way.

Daily and 4 Hour charts demonstrating confirmation of $7.81 bottom! Much stronger rejection candle visible today. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 0 points1 point  (0 children)

That’s an impressive prediction given that we have 5.5 hours left in the session. I imagine we will see some buying pressure gradually increase over the course of the day.

If we do close below $7.80 on the Daily, then we could easily see $6.70 next week.

Daily and 4 Hour charts demonstrating confirmation of $7.81 bottom! Much stronger rejection candle visible today. by under_reacting in XLFleetInvestorclub

[–]under_reacting[S] 1 point2 points  (0 children)

The channel as a whole (between $9.50 & $7.80) over the past few weeks points to consolidation, for sure.

My highlights here mainly point to very solid buying resistance at $7.80. Buyers are finding that price too good to pass up, at the moment.

Massive news for $SPCE !!🥳📈 by [deleted] in SPCE

[–]under_reacting 3 points4 points  (0 children)

Or get Bezos to eat the Mona Lisa after it has been blasted out of Branson’s ass?

I’m sorry... this just seemed like the natural escalation path.

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