ArturoL

ArturoL Updated 

This a long term strategy for the next couple of years. Silver is consolidating within this triangle since August 2020. Buying SLV ETF is like having silver bricks stored in a safe place. See it that way. You just don't sell silver, you accumulate it at every pull back. I may take less than a couple of years though bc the break out could be violent. I'm showing a...

ArturoL Updated 

Apparently a bullish flag is forming, and price is dancing at the bottom of the flag. There is another support at 30 in case the flag is busted. It could take a few more weeks but risk and reward rate is good.

ArturoL Updated 

See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to...

ArturoL

Just bought some call as shown. I think is going to bounce hard. I might sell it tomorrow. TP 435 ish.

ArturoL Updated 

That nasty red candle from yesterday changed things. Price bounced off the short term trendline support today. We will see the market going crazy with no clear direction on the upcoming days. Buy I still think the SP500 will make another ATH. In the 4h timeframe looks liken a HS but I don't think is going to play out. We are in another consolidation phase. I'm...

ArturoL

Price is landing on an important support zone, weekly support. I'm buying calls as shown. I think the double bottom pattern still active, and this is just a test of the broken resistance at 200.

ArturoL Updated 

Looks how many times has tried to break the 45 level. Also has been consolidating for a long time. Now is sitting on the 42 level, not a very important support but could be enough to push another try and break out. I don't have a SL here, even is the 42 level is broken down there is another support at 35. I would buy more there. First target 53, then will see.

ArturoL Updated 

And we are back to the support line, bottom of the channel. If we still are in a bull market spy should bounce up within this week. I bought some calls as shown. Let´s see how it plays out.

ArturoL Updated 

I expect the 73 support level to hold. Even Price can test again the 80 level. If it keeps going down I'll sell more CSP.

ArturoL Updated 

Well, huge inverted HS, the sky is the TP. SL under the blue line but it must be broken by a full weekly candle. Is goin to try the 25 resistance level (neck) soon.

ArturoL

Breaking down a the megaphone. SPY making ATH. Buy buy buy!!! at every pull back

ArturoL

Seems like 3.5 is a string demand area that pushes the price very hard to the upside. The last time was in Jan 2020. I don't think is going to explode above 30 but the next resistance is at 10. This is a high volatile stock, I bought calls exp 04/19 strike 5.5. If this breaks out will be massive.

ArturoL

Bought some calls exp 03/19 strike 509. Let's see if the support hold and the market doesn't crash. It has been bouncing back since the beginning of the year.

ArturoL Updated 

Double bottom apparently forming. Price is testing the 150 resistance but it doesn't want to go down, it keeps pushing it up. I think is going to try to break up the triangle again. Not sure if it's going to make it through at the second try but eventually it will.

ArturoL Updated 

Bulls are taking control on the price. I think we will see a massive break out in a few weeks. My SL is under the lowest of the current weekly candle an it triggers only if a red weekly candle breaks down the trendline. BTW the CSP on this instruments pay well. I just sold a lot of them exp 03/22 strike 26.5. You can just buy the stock too.

ArturoL

The support at 200 has been broken and confirmed in the monthly timeframe. Now bears are going after the 165 support (neck) level. We will see a lot of bouncing and pull backs. If it loses the 165 the only thing that can prevent a total collapse is the uptrend line. Also the 100 level is very strong. But doesn't look good in long term. I might take advantage at...

ArturoL Updated 

Each bounce was weaker than the previous one. And apparently is forming a HS to break down. Earnings on 03/07, I think the market won't save this one. It's a gamble but it is worth the risk.

ArturoL Updated 

The market really wants this stock cheaper. Price is landing on a demand zone. If you like Tesla and think in long term you start accumulating from here. It needs more work to break out the triangle, maybe next year but when it does is going to be massive. Price can also be pushed down to lower vertex of the triangle. That would be ideal but I see a lot of buyers...