The area shown highlighted in red is the area to exit and watch for a reverse in the trend. Tomorrow could be a red day for Tesla albeit briefly before following its trend up. It is close to the center of the resistance and support lines, and is sitting just under its psychological resistance of $1000, so tomorrow morning at market open is a good time to watch...
Overall up trend, and it's in a better spot between the resistance and support levels compared to other tech stocks. Its dip was especially drastic at the end of last week. I'll be watching for it to drop below the area highlighted in red which would signal a trend reversal. Overall, based on this chart and overall sentiment in the company, I see Netflix as seeing...
Advanced Micro Devices was the S&P 500’s top performer in both 2018 and 2019. It’s having another positive year, but remains trapped at a key resistance line that started in late February. AMD tried to break out last week after finding support at its 50-day simple moving average (SMA). It peaked out after the Fed meeting, along with the rest of the market and...
The longterm trend is up, short term trend is also up. However, the current trading price is close to a long-term resistance level and the MACD is about to cross down. This makes me unsure without seeing how the first half of Monday goes... if the bottom of the area indicated in red is broken, then it's a long way down. Otherwise, a long position is the right play.
First, I zoomed out to the weekly and daily charts to establish a long term trend and identify current support (red area) and resistance (top of green area) levels. The purple line represents the shorter-term trend and support level. Based on the market movements on Friday which took just about everything down with it, and the fact that there has been no severe...
Looks like SQ is at resistance. MACD crossing. Pin bar on May 22. 2 candle Bearish engulfing on May 26th. Looking to get in an out of this trade. Options probably for June 12th exp.
Looking to swing some puts on NASDAQ:AAL if we reject this huge downtrend that you can see on the daily. If we break above, I will keep that in mind in order to play the upside. We will see
$RGR has been doing pretty good the past few months just went over a monthly resistance. Looking to test $65 then $70. ER is $70 I truthfully think this is an actionable trade. redline is stoploss for bulls, and point of entry for bears IMO MAKE THAT MONEY $SPY $amd $NVDA $PENN $MVIS $QQQ $tqqq $AAPL $SHOP $TSLA $ROkU
Utilizing #SPY vertical call options on this setup over near term: SPY 310 C expiration 5/29/20 #SPXL is also a buy and hold until SPY reaches the 78.6 retracement zone near 313. Good luck and God bless! next #UVXY target near 30 over upcoming 2-3 weeks, if desiring to short the #VIX
Trend continued to be bearish as 20 day EMA hovers below 50 day EMA. Recently price not able to hold its head above 20 day EMA and headed below 20 day EMA. Expecting bank nifty would expire below the recent high. Option traders can sell 21200 call @74 and buy 21800 capp @ 20. Lot size. 20. Max profit of Rs.1080/-(in 3 holding period) if expires below 21200 level.
got a big drop PT downgrade and shares fall 46% after results miss but they do have Er on the way. Small catalyst Enter over $.42 Sell close to the gap, This could start a gap fill before ER giving you room to profit. Be careful. Stay respective to your stoploss.
Trend continued to be negative as 20 day EMA stays below 50 day EMA. Recently found a reversal below 38% retracement level. Expect it would expire below 3700 level in Apr series. Sell 3700 Call.
26 Feb I bought Uber puts as the transport industry in CN was one of the key victims to the virus. US at this point had not felt the full extend of the virus and I was certain CN's economic situation was a leading indicator of what was to happen. Uber was prime also because it's generally a risky company and I expect investors to run for the hills once shit hits...
We made $$ trading calls on Feb14 following ER Beat and resulting Momentum. NExt week should be very interesting. Ready for gap fill below to Roar to $300 + NASDAQ:NVDA
Ticker: WES (right side is XLE for comparative purposes on a weekly) Position: - Feb 21st Expiry - 5x $20 Strike Puts (ITM) - delta = 0.60 - cost = $1.38/ contract - 5x $18 Strike Puts (OTM) - delta = 0.19 - cost = $0.35/ contract - Should the stock move to the initial target, the OTM options will be more than covered by the ITM options increase in premium ...
EG & UJ Options Expiries for Tomorrows cut.
Long Iron Condor Sell:132 put Buy:133 put Buy:134 call Sell:135 call Cost: .20 x 100= $21 per contract Profit: 79$ Loss: 21$
Long Put Butterfly Buy: 1x 121 put Sell: -2X 126 put Buy: 1x 131 put Cost per play: .20$ x100 = 20$ Profit:$480 Loss: $20