chaseflores10

chaseflores10

I think UPS is setting up for a run to $193. Looking for a gap and go tomorrow just before ex dividend date.

chaseflores10

ATEN broke out of the falling wedge pattern. Quality stock with solid fundamentals & a dividend in a growing sector. Looking for a retest of $17's soon.

chaseflores10

PYPL looking bullish. Nice pennant formed on the daily with strong support established. No reason this shouldn't rip from a technical standpoint. Once the pennant breaks to the upside I'd expect a move to $118 and then $124-125. Volume profile looks really good, not much resistance above $118.

chaseflores10

ROKU could be setting up for a big move. MACD on the weekly chart has turned green, on the daily the ultimate oscillator is showing bullish divergence and we just broke over the downtrend. Looking for a move to $140 in the short term.

chaseflores10

PYPL has a nice setup with a lot of upside. The ripster EMA has turned green, we have had 4 inside days so we have consolidated and formed a new level of support. Looking for a big move tomorrow or next week. PT is $125

chaseflores10

ABBV has benefited from institutional investors plowing into it while they force the rest of the market to fall...My guess is this will fall while they pull their money and buy quality tech at massive discounts. Today's candle looks like a top. Adding puts 3 weeks out.

chaseflores10

The FUD induced sell off has come to a finish. The SPY showed that the 300 MA is a respected level of support by bouncing off of it Monday. This was followed by 3 inside bars. Multiple inside bars indicate consolidation, a close above that range in a downtrend indicates a trend reversal. A break below that range in downtrend would indicate continuation. The SPY...

chaseflores10

FB looks to be setting up in an inverse head and shoulders pattern. Entering a large position here. I expect a big rally after the FED meeting Wednesday which should kick start FB.

chaseflores10

AFRM has dropped 61% in 47 trading days, absolute capitulation but this is a gift from the trading gods if you are looking to start a position. Earnings coming on Feb 10th are probably going to blow expectations out of the water. Either way I expect this to creep back towards the $88-$90 range before earnings. Calendar call spread, Long leg 2/18 $85 calls for 3.48...

chaseflores10

The SQ sell off has been over done, Buying calls expiring in March at the $160 strike. SQ shouldn't have a problem ripping back to the $170 level by mid Feb.

chaseflores10 Updated 

The Energy Sector will be the first to sell off once high growth becomes favored again. XLE is overpriced because of inflation fears when in reality inflation is on a downtrend Month over Month. I expected to see Energy costs fall in the short term along with XLE's price. Playing 2/18 $61 puts at $1.59 a contract.

chaseflores10

The crooks on Wall St have probably built out a nice position in PYPL, ready to sell back to retail when it rallies. I'm betting PYPL breaks out of the down trendline and pushes back into the $205-$210 range. Playing a calendar spread on this one. $205 Strike with short leg expiring 1/21 and long leg expiring 2/4 for a debit of $1.30. Potential 3X'er if all goes well.

chaseflores10

DKNG has been beat down waaay too much, the bottom has got to be near. Bullish Divergence on the MFI makes me believe this is primed to pop. Watching for a break of the falling channel before entering short term calls and LEAPS. Looking for $30-$32 in 1-2 weeks. Institutions own 62.5% of DKNG, up .58% from last quarter. Don't let the shorts fool you, great buying...

chaseflores10

For whatever ridiculous reason, CCL along with other Cruise line stocks are moving up. Seems counter intuitive but that's Wall Street for you. Funnel money out of growth and into debt heavy companies with operation restrictions. Oh well, I trade trends so I'll run with it. Looking for $25+ by Wednesday. 1/21 $24 Calls. If there is a long upper wick on the daily...

chaseflores10

SOFI looks to be setting up for a bull flag break on the 15 minute chart which will hopefully lead to a move back to $15+. These shorts are out of hand, hopefully the bulls can step in and force these scumbags to cover.

chaseflores10 Updated 

CHPT is showing bullish divergence on the MFI indicator. This is a clear steal at this price, I'm sure institutions are buying up shares via dark pools. Buying calls here. Easy win.

chaseflores10

UPST looks to have finally bottomed. Overblown sell off is a great buying opportunity. Yesterday's candle is very bullish at a level of support. Entering a riding UPST back to at least $150.

chaseflores10

SNOW showed a bullish reaction to the 200 MA & respected the descending channel as support. Entering calls here, expecting $315-$320 range next week.