LiCapitalTrading

LiCapitalTrading

$IQ The Chinese Netflix, basing here most likely will go back to test the highs, been trading in these ranges for years now. #LEAP #OptionsTrading #NFLX #StocksToWatch

LiCapitalTrading

$BABA #BABA This one I got stuck in the trade, but I am not worry too much about it, over the longer term it will go higher, technical wise, we dropped and hit the support levels. If you take a look at the charts, it hit the weekly 100MA and bounce off it. Also a previous resistance area that now is support. If you have a longer term outlook, this could be a...

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Lockheed Martin Looks like it be a good channel trade for a short swing, Trade it till it breaks, got a feeling it will break to the upside soon. Weekly chart looks like it's finding good support off the 150 MA and a break above the channel is very bullish.

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This looks like a bull flag breakout is going to happen soon, it is hugging the 20 & 50 MA if that holds, this is definitely breaking out much higher.

LiCapitalTrading

Walmart is bouncing off the 50 MA, if it holds, this be a good entry for debit spread. 147-153 call debit spread be a good play on this idea. Follow my free trades on our fb group www.facebook.com

LiCapitalTrading

Facebook triangle pattern is getting tight. Just waiting for the breakout, a stimulus bill would do the trick.

LiCapitalTrading

Amazon had been consolidating for a while now, bollinger bands are finally getting tight, meaning there will be a volatile move soon! Keep an eye out for the break out of this triangle pattern, a break above would take it to all time highs, a break below might head to 200 MA to retest and then go higher. Either way might not be a bad idea to add a little here,...

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With the federal legalization, Canopy will be on it's way to become a behemoth in the industry, buy on any weakness. They will have a bright future with Constellation Brands backing them. Watch for these resistance areas to be broken in the future. We are on the way back to the top. Get in while you still can.

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I know nothing about this company, this is a range bound trade only, multiple lows, multiple rejections at the top of channel. Finally found some support as all the Moving Averages are starting to tighten up. A breakout play is developing. Watch it tight and buy the breakout.

LiCapitalTrading

$TRIP looks like a good breakout candidate, with the vaccine coming soon, people will start to travel again. The way I am playing this is buy a leap call. If you to follow my live trades for free check out our free facebook group.

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Alright a lot of you probably interested in this one, NIO been pulling back much less than it's peers and for good reason. They practically own the infrastructure space in China for EV at the moment with their services and battery swap stations. Any weakness in this name be a good reason to add shares for longer term. I been selling weekly puts for over a month...

LiCapitalTrading

$NVDA been trading in sideways range for a while, a break above the highs would be very bullish and could be the start of another wave up. If we do roll over look at the fib 50-61.8% for support. The way to play this be with an option strategy, selling a put at $400 take some premiums with intention to take the shares, if assigned, sell a $450 call right away as...

LiCapitalTrading

$Tesla had a good run this week, It hit $600 and got a rejection with the small hammer candle. Looking for support around $500 and then $460. Longer term it is still a buy, the trend is still strong till broken.

LiCapitalTrading

$WEED $CGC Canopy Growth is picking up steam today and is heading towards first level of resistance around the $39-$40 CAD Level. The next two major resistance levels are around $50 CAD and $70 CAD. The resistance lines are on the charts, it would be same on the CGC charts. The best way to play this is if you are already in it, take some off at each resistance...

LiCapitalTrading

$APHA (CAD) has had a great run this month. It is currently at resistance and probability of a retracement is high. I am unloading half my position here and holding another half for a much longer term outlook. Price target is $14 then at the highs in the $20s. Short term support is around $8 and the 20 MA below that. The way I am going to play this selling a $10...