For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 140 (entry, long), it can see 151-155 (exit)
Break below 124 (entry, short), it can see 112-116 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.)...
NVAX has been in a large triangle forming, A-B-C-D-E if this is the reversal.
Short term there is bullish divergence on the RSI between the lows and PT of 150-160$ is reasonable. May be some pullback afterwards, very volatile stock
On the bigger picture volume profile is perfect and if triangle breaks to the upside seeing a potentially explosive wave...
NOT A BUYING SIGNAL or anything
just my personal analysis
notes
- currently in a downtrend
- at a support area
- hammer (pin bar) at the end of the trend
-> indicates of a reversal
short term: long
For 1/10, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 135 (entry, long), it can see 144-148 (exit)
Break below 123 (entry, short), it can see 110-114 (exit), WATCH that ~119 area
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of...
For 1/7, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 127 (entry, long), it can see 137-141 (exit)
Break below 118.5 (entry, short), it can see 104-108 (exit), WATCH that ~112 (Low Of Day) area
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex....
Grabbed a cheap Jan 22 220 C here.
This thing moves wildly up and down so I bought the lower end of the range its making.
I either 5x or lose 90 bucks.
There is inverted hammer and bullish hammer candle pattern and the price also bounced off the support line in pennant pattern. A bullish reversal is likely
first of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and...
first of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and...
first of all thanks for stopping by.. This text below will be posted on every timeframe
Until now, not much was known about Novavax because it was Moderna or Pfizer what was on the news and media, but now NOVAVAX has been in the news and so that's why the chart popped up on my radar .
On the big picture I'm looking at the 2 monthly chart
To remove some noise and...
It’s my humble assumption with limited computing. Per Elliott wave pattern, NVAX may be in a supercycle wave III AND at the beginning of NEW primary/ intermediate wave 3. Looking at intermediate waves, the first 1-5& A-C have been built by a common script (purple waves) and I extended it to a new set of waves 1-5 (in blue). The new intermediate wave 1 L=149 (local...
