High Vol & High Beta Stock. RSI <15 and PA finding S/R at level 187/188 zone Looking for Reversal to mean higher. Taking 185/180 Put Credit Spread. Also picked up 190 Call for Directional Bias Higher. Oct Exp but aiming to Close in profit well before that... Good Luck - Watch your $$$ RISK
My primary and secondary scanners working great! Perfect combination of buy signals.
As part of trading basic exercises, I could identify a reversion bullish shoulder-head-shoulder pattern in General Dinamycs shares.
As explained in the video, I initially opened a long call spread by buying the 175$ strike and by selling the 180$ strike. As the stock got completely crushed all week, I decided to close my sell 180 call for a profit. Now I only have the remainder of the 175$ long call. If the stock has a significant rally, I could either hold my long call and try to make a large...
GD spiked through resistance and has a meaningful pullback to re-enter longs from here. I am buying the 175$ and selling the 180$ call expiring 8/16/19. My investment is 285$ and my max profit is 215$. Max profit potential is 75% if option expires in the money.
GD: General Dynamics 2019-02-18 13:00:00 General Dynamics Land Systems Receives Contract to Support Reset of U.S. Marine Corps Light Armored Vehicle Fleet
GD is approaching our first resistance at 187.10 (horiozntal overlap resistance, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 165.58 (horizontal overlap support, 50% fiboancci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a...
GD: General Dynamics Mission Systems 2019-01-30 12:00:00 General Dynamics awarded three Land C4ISR contracts for Canadian Army
I've been a way too bearish in general to keep up with any ticker in particular that'd give a different perspective on an individual sector / under-performers / out-performers. The setup as is - is more-or-less what every other equity looks like to me right before a pretty deep continuation downward follows. A few months back, when I realized the divergence...
Your textbook Head and Shoulders on the daily and weekly.
GD had previously made a new swing high and have since then retrace back into "higher support area". If the longterm trend continues, this stock should go past 210$ a share.
Looking for this to run back towards the top of this sideways channel. Getting a good bounce off of 190 support. Looks like it just broke the short term down trend. MACD is looking for a bullish cross over with one more leg ups above 196. 196 will be tough short term resistance. There is bullish divergence formed on the MACD. The 9 EMA is about to cross over the...
GD: general dynamics corp 2018-08-02 09:45:03 Detected possible contract awarded
chart aint perfect, but pretty much everything else is. lookin for 1st target of 200+ if it moves up from here. waiting for confirmation of -100 CCI crossover
GD: general dynamics corp 2018-06-11 10:00:19 Detected possible contract awarded
I'm looking to play some options (calls) on General Dynamics this week. Looks like $GD has dipped and reversed off of an ER beat of 6%. I'm looking for either a double bounce off of $195 or some other bullish signals to pick up some calls. I'll keep an eye on this and update as time progresses and we have more information.
I really think this going downward, i believe we might turn around in 2 year or so