PotterStocks-PBS

10:56

PotterStocks-PBS

These are projections based on my form of technical analysis. So far regarless of the sentiment we remain in a lower time frame uptrend. We are at a downtrend started from the end of 2021 and with the market fearful the trend could easily change. My bullish projection for a gap and go is 320 My bearish projection would be 196 with a wick and close at...

08:17

PotterStocks-PBS

NASDAQ:TSLA is my bread-and-butter stock. Yet I remain unbiased until a I have a reason. That being said, even with today's bearishness we still have much to break to the downside. I see a reason to be bearish with selling being seen into these pops, and typically that's something to note, but in the same breath this can cause tension on the sell side, making...

07:46

PotterStocks-PBS

We are nearing a meaningful trigger on the daily at cost basis above. This is in confluence with our downtrend channel. Tomorrow We will utilize the PBS to take QQQ to 375.50 if our levels above are reclaimed. If we stop and chop the rest of the day BUT HOLD the daily floor as reference, then next week will be above CB and we are looking for the 380s. Otherwise,...

07:58

PotterStocks-PBS

So most of my trading is done on my own stream during the day, where price opening tells me MOST of what I need to know about the stock going forward and we have straight forward rules for that. Currently we are still trying to break a WEEKLY downtrend, and battling to resume a lower time frame uptrend. Have a great trading week!

PotterStocks-PBS

Decent close above a lower time frame sell wall 251.50 but hoping to avoid a gap up to resistance. In order to move higher we want to DISPLACE SELLERS. In order to do that, we need to gap up above their average (sell wall) This will mean the first move is down. Wave wise we don't want to see 3 rejections. I believe that the projected and now real channel you...

05:43

PotterStocks-PBS Updated 

Yesterday we had an incredible day trading NASDAQ:META with a 200% play up and 950% play down. Not your usual options trading day, but a calculated trade in both directions. Yesterdays pop drop and pop created alot of tension in an area already pent up. I do think we have a high probability of downside, but I am ready to take it long if triggers break.

04:18

PotterStocks-PBS

I enjoy trading tesla because of its repeatable and mechanical nature. That being said we are showing relative strength in the face of a dump, and trying to hold on to major levels on the weekly and daily.

02:08

PotterStocks-PBS

Morning pop was OTM. SPY moves ahead to resistance without equities. TSLA sits with no structure below. Sit to long at resistance and we will dump. Otherwise Watch the break of COST BASIS ABOVE.

02:25

PotterStocks-PBS

Watching TSLA today for a pop and drop, using the structure above and below if those are broken we can expect a big day, if we stay in between the two. Options chop and we are OUT.

03:37

PotterStocks-PBS

Nearing a bounce area this morning on $SPY. 442. Looking at the daily and weekly the market sentiment shift will only fuel this setup.

06:23

PotterStocks-PBS

True to the title, we experienced some serious range and PAIN. We are now in premarket trying to open BELOW support meaning we have to find one under us. I am not bearish until we break into that structure below.

04:02

PotterStocks-PBS

Another great move from NASDAQ:TSLA but where we open matters. expect some chop before the move

02:40

PotterStocks-PBS

Stuck again between two high volume areas, that contain triggers to send us much higher, or for a retest back down. Currently looking for a bounce this AM

04:15

PotterStocks-PBS

Preparing for some serious sideways action on TSLA as we are trapped in a weekly cage. Using the potterbox system we are able to see that 255.50 open is what could lead us into new high. We take our trades day by day and have no bias and we are option traders.

PotterStocks-PBS

So, as you can see on the chart 240 has provided strong reversals to the upside and of course is a large cost basis on the daily (see PBS video) So a gap down under this mark and hungry bears will eat that gap below. If we Bounce, then we have a gap above and I think this very dynamic will create range. A gap down would change that as we only have opinions above...

09:14

PotterStocks-PBS

Tomorrow's gap will tell us exactly where we will be heading for the week. We are currently in a potential range between two large earnings gaps. Giving me the feeling, we will stay in a wide range. I use my own strategy Call the Potterbox Strat. Of course, there are lots of way to place consolidation, but I have learned the market is mechanical through years...