$PNW - I can literally feel myself turning into a permabear

You know I've had to hold myself back from posting just to prevent myself from getting too emotionally set on seeing a bear market within the next few months. That being one reason, & 2nd reason being to the tendency to stay away from a trade that isn't a clear top or a clear bottom with a direction clear enough for me to take a high or even semi-high risk on. Since we're in such a retaliatory bull market, the only post I've made calling for a ticker going into bear market (with high confidence) is $GS. I've done my own research, & if you wana take my word for it - you'll stay FAR the fuck away from financials ($DFS, $JPM, $C, $PFG, $BMA, $COF, $GGAL, $GS especially). To keep this on topic - current free cash flow / equity is in the same trench it's been in only in 2001 & 2009. On a chart, it's hovering a few basis points above those extremes. But to put that more into perspective, if you think $TSLA burns through cash, $PNW has an even lower Altman-Z score (.93 vs 1.32). The only difference is 1 of them has dividend obligations.

Transaction en cours:

Typically I would've stopped out @ this point - but I typically would've kept more of a loose stop had I thought the trend was even slightly bullish. Hella good opportunity to double down. Should see some consolidation before a breakdown, but I think this is @ or around the highest point price action is gonna make.

Trade fermée: ordre d’arrêt atteint