This is my weekly analysis for SPY. If you have any questions feel free to ask me. SPY is trying to go up and retracement is due and I have explained it clearly in this analysis.
NOTE:DO NOT SHORT AS MARKET WILL RETRACE ONLY TO GO HIGHER
Bitcoin dominance is an extremely important parameter for traders and investors.
It marks the beginning or end of altcoins season!
CRYPTOCAP:BTC.D
Bitcoin dominance is an important metric for understanding the overall health of the cryptocurrency market. As the most dominant cryptocurrency, it's an indication of the strength and popularity of the asset, and...
In the current market and based on C3 AI being in a uptrend. We have found support like many other stocks at the 50 week moving average continuing the bullish trend on many stocks. Now I have high hopes based on the previous swing we had that this swing will duplicate that move and if so we will reach $56 in the next coming weeks. Now this is important because I...
If you haven`t bought AMC before the Gamma Squeeze:
or sold before the approved combining AMC shares & APE units:
Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of 2023-11-10,
for a premium...
WE WeWork reached $1.05 and there were a lot of calls added at that level.
They are either aiming for a Short Squeeze or a potential Buyout, in my opinion.
WE 52 week range: $1.05 - $130.80
I think we might see at least a 2X bounce from this level.
Looking forward to read your opinion about it.
This is my analysis for SPY for coming days and weeks ahead. It is still in downtrend.
I have discussed price action along with RSI in this analysis.
Hope traders can understand the logics .
NOTE:YOU HAVE NOT MISSED ANYTHING
My thoughts on C3 AI is that we are in for a correction soon to the upside. We have been in a sideways market for a few weeks and I strongly believe the break further to the downside would have happen already. But due to interest rates staying the same and next year being the ultimate interest rate cut year there is a lot of upside for the whole stock market not...
Please understand the price action and the trade discussed and then act accordingly. If you don't understand or you are not sure sure feel free to message me.
NOTE:FOCUS ON RISK REWARD
Analyzing the options chain and the chart patterns of IMPP Imperial Petroleum prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
This is my weekly analysis for SPY.I have clearly explained what price is willing to do and trust me there is no rush to push trades on yourself. Just wait for the right opportunity.
If you have any doubts feel free to shoot me a text.
NOTE: STAY AWAY IF YOU ARE NOT SURE ABOUT THE MARKET
Analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week,
I would consider purchasing the 18usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $2.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
Walmart is another stock that, for some reason, people want to be bullish on. It's probably because Marxist social marketing platform Reddit's public relations firm nestegg r/WallStreetBets said so, or some GPT instance on StockTwits said so.
Yet it's another old company with an old business model that is anything but good. I haven't been to a Walmart in the...
