NASDAQ:TLRY Long on Tilray, federal legalization is looming and the arguably largest canadian player has a foot in the US door. Coupled with the fact that were in an absolutely tremendous long term support zone, nearing the end of a beautiful wedge. Lookout below $12.35. I'm long Leaps but this is not financial advice, please trade at your own risk.
The Play everyone is waiting for.. a breakout on TSLA This wedge has been in progress for nearly 6 months now; just a little more patience until we go long. Here are the levels: Entry: 692.07 1st Target: 733.09 2nd Target: 801.45 Leaps are not a bad shout to enter early while we are sitting near support. The goal is to get in before IV crush if you want to...
Since the last ER AAPL has come back down to the 120s price range. Although it was not alone in its share price correction as we've seen overall market come down as well in February. Although I hold a long term bullish stance on AAPL, looking at the short term daily chart I see that we have crossed under the 100 EMA on the daily chart, are still making lower lows...
LMND is at about a 50% discount from ATH price levels. It is currently at a strong support level. What I'm looking for here is a consolidation and confirmation of reversal before jumping in LONG... alternatively this is a great time to buy shares If you are long term bullish LMND
AMD reported it's best ER and while many anticipated it would have a solid run upward it was overshadowed by a manufacturing issues in a time where demand has never been higher. along with this we have been chopping downward in a weak market as fears, inflation, rates, and economy shifts continue to keep investors on their toes. AMD below 80 is a level I...
Think about today being an opportunity to look further past your own two feet and think about the future. The short term future like spring/summer. Six Flags will be recovering and although I am bullish on the stock I do expect a price drop. Now is a good chance to position yourself for the uptick of their traffic coming back through the doors and kids going to...
Entered a few LEAPS this week and playing with common. This massive swing is ready for some crazy upside.
Currently holding UBER 65C 3/19 ER is 2/10 Elliot wave up and inverse H&S. A Break above 52.86 is what im playing.
I'm going to show you how I ended up with a "risk-free" in $JMIA, what I call the "African Amazon". When I say "risk-free", I mean, whatever I invested, I withdrew, and now, I am playing with "house money". Say I put in $100, and my investment value goes up to $200. I sell half, getting my initial capital back, and now, price can do whatever it wants, and I'm...
I highly recommend entering into a few $2-3 strike Call Options with expirations out to May 2021 minimum while the contracts are still cheap. High speculation for several squeezes up to $7.00+ as a new potential resistance level in the upcoming weeks. Keep an eye on the volume and look for the RSI crossing 65 for the next squeeze higher.
Ark has recently bought over a million shares of twitter. Leaps March or April to give yourself time on this one would be smart. A OTM naked call between 60 or 70 calls.
IWM is an Exchange Traded Fund (ETF) which follows the Russell 2000 Small Cap Stock Index. I purchased call options (just regular, no spread) Strike 200 expiring Jan 2022 because I belive IWM has shown consistent bull market uptrend since November, and consistently uses the 10 Day Exponential Moving Average (EMA) as Support. IWM has shown better consistency, in my...
I see SAVE going back to 25 by Jan 2021 but if you're an option trader i suggest getting ITM calls for 2021 even 2022 if you want to add to long term portfolio. Shares is also good to add to your stock portfolio. Remember to keep in mind if airlines were to shutdown and vaccine trials see no further progress that would be a sign to get out, but recent news looks...
SAVE consolidating for a few months now, sitting in this tight channel and could have a big move up or down! With airline activity picking up I'm swinging SAVE to 25$ by 01/21 ... Perfect to add to long term portfolio! Simple way to read this chart, break that top purple zone (resistance) at $19.50 we will see an overall move to $25, break that bottom purple zone...
updating on our JPM Leaps executed close to a year ago moving deep into the money. Look to Book profits into wave 3 resistance. Remember, the money is in the waiting... not actively trading like a compulsive day trading gambler...
Book profits into wave 5 upside target with our Long term call option (LEAPS) expiring March 2020
Despite all the hate right now in fangs stocks, history tell us that NFLX has been the best performer in the SPY period. Yes, these names was absurdly overbought but right now are too dramatic and negative, but NFLX had an amazing quarter and is the future of streaming video, Cable Tv is dead, and yes there will be more competitors but when you buy stocks you tend...