WDERUVE

WDERUVE

NKLA still needs to correct a bit more for me. $50 is where i am targeting for an entry. RSI and MFl still too high for me on the 4 hour chart.. Still not shorting from here yet. I want to see it break below 60 before i enter a short position. Interesting stock here with lots of upside. Some people touting it as the next TSLA? Could this be a 1,000 stock in...

WDERUVE

Bull flag running towards the closing bell. could we get some nice growth into the bell? Gap up into Tuesday? Boll bands squeezing pretty good too Im still long on this one...

WDERUVE

Keep an eye here on MSFT. Interacting with the Gann level again. Got a nice bounce off it last time. We are also at the .618 fib level of this most recent pump. So i am thinking we should be at a decent support level here. In the red on my call options as of right now. Might be playing with those this morning, but i am still long from here.

WDERUVE

Bounced really nicely off the Gann line here. Feeling positive about the climb back up to 195 In weekly call options right now. RSI heading up at bell along with MFl. Its reset enough for me. cant be betting against this one outside of obvious reset's

WDERUVE

See chart. Mid April we saw the same levels of RSI and MFl and MSFT gave up almost 8%. I dont think we are dropping that low, but i can very easily imagine a 5-6% loss in the next day or two. I think 187 will prove to be a solid support. Grabbed put options yesterday at 198.5 so already doing pretty well. We will see how low it goes today, but might sell these...

WDERUVE Updated 

I dont see this running too much higher. I have been wrong before, but just cant see it. Running the top of BOLL band, RSI almost over bought, About to interact with GANN.. Should have a reset soon. maybe 5%, but not a dramatic sell off..

WDERUVE Updated 

Staring at this and honestly cant get my head around it all. Its got to come down at some point. Been riding the top of the bollinger band for almost a month now. Growth turning nearly hyperbolic.. RSI overbought. MFl diverging from RSI.. IDK how you bet against this market right now, but every instinct i have is telling me to short. I am still in put...

WDERUVE

i mean... ill take it ?

WDERUVE Updated 

Riding th top of the wedge a bit this morning. Feels weak to me.. Unless we get crazy stimulus news today I am still shorting. Added a bit to my position just now. only a matter of time now. RSI overbought volume down

WDERUVE Updated 

Chart pretty self explanatory. Looking to run this wedge up to 310 before breaking downside. Settling in around 290

WDERUVE

Stock floundering a bit here with news out of China. Could struggle to reach new highs if this continues. Stuck in a pretty stable channel between 175 and 187 but as we approach the GANN line below we could see some action Targeting Boxed area for next run up to recent highs.

WDERUVE

Still long on Boeing right now. Even after news of thousands of layoffs shes running up. 163 seems to be a pretty strong resistance point here, likely to see some small pull backs this morning. 149 should hold if we get that low but i dont think we do. 163 next target, well see how it reacts from there.

WDERUVE

SPY above 304 in premarket trading. RSI overbought slightly, MFl heading towards overbought. Might see some pull back but nothing dramatic today. I think we keep creeping towards that 310 level before the reset. Matches with the early pump from early March.

WDERUVE Updated 

293 held and we gapped up to 300 I am out right now.. I want to see if we make a move to 311. The Gann lines are telling me we either go down now, or ride up to the next FIB line along the Gann levels before a sell off. IF we break 304ish then wait as we likely head to 310-11. If we break 297/98 then we start shorting.

WDERUVE

I still think this idea tracks pretty well thus far..

WDERUVE Updated 

If 293 breaks we fill the gap below. Could still gap up to 300 over the 3 day weekend. If we dont break it we run flat today, and could either gap up to 300 over the weekend or gap down to the gap fill. I think we open high Monday, and sell off into Tuesday.

WDERUVE

Seeing a pretty clear Elliot Triple Combination Wave here.. I think we see 150+ next week, but not sure how much more shes got in her..

WDERUVE

Boeing securing lots of defense contracts right now.. Yes they make missiles too not just planes. Plane orders have been horrendous and orders are still actively getting cancelled. Even with the Max being put back into production soon, i think this stock struggles through this year. I think there is some potential for this one long term. Boeing will be a...