About meIndependant trader. Trading options and option/stock strategies. Taking trades from 20 to 45 days. Also have a long term portfolio where I increase the cash flow with covered calls.
What I share here and on other plattfors are ideas and opinions only!
$CNSL fell sharply after its new high in May, but it found support just above the rising trendline. It then retraced back up to the 62% Fibonacci level, trade back down to the 38% level and today it is breaking above the falling trendline after a bullish Engulfing pattern yesterday.
I think that a test of the previous high of 9.89 is possible with a bit of...
The new Intel CEO Pat Gelsinger is spending a wapping $20 billion into two chip manufacturing facilities and he is also restructuring the company. Analysts seem positive about this and has an average price target of $64.13 according to tipranks.com.
So the long term prospects of the company could very well be positive, but what about the short run? The stock is...
GAIA has fallen sharply over eight days but found support right on the rising trendline on Friday. Yesterday it formed a bullish Harami just above that support. Volume was a littler higher but nothing special.
It looks oversold at the moment and if it decides to test the resistance of the falling trendline at about $13.50 there is a possible trade here. With an...
On Friday June 18, ACET was once again traded down to the support at $10. It came back strong, however, and closed near the high of the day. There was heavy volume as buyers obviously saw value at this level.
If it continues up this week, preferably under volume, I would be long with targets at the $12 and $15 levels (previous resistance). A good stop level would...
