🔥 Fire Sale! 🔥

Some good discount buys for your Investing account

Two stocks I’m eyeing for my B&H and ROTH accounts right now are:

$PTON and $TWTR

Twitter ($TWTR)

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Twitter dropped recently because of no guidance on their plan to monetize their platform and find a way to integrate a subscription service like other social media sites. They also experienced lower than expected user growth.

While the stock is down, it finally found a bottom (about 3 candles of support) so I might add this to my B&H account.

Peloton ($PTON)

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Peloton nosedived after the recent treadmill recall. It’s now under it’s 200 SMA and down almost 15% today BUT I’m waiting for it to find a bottom still. The number one rule of buying a stock on sale is:

You don’t want to catch a falling knife!

Peloton also has its Earnings Report tomorrow after Market close. So I’m always wary of holding through Earnings.

Another one I’m watching is $RBLX. It’s dropping but isn’t under 30 RSI yet so not entirely the sweet spot, but keep an eye on it, it could dip down to its ATL which would be a great deal!

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trading without emotions 🖖