don_shula

don_shula

GAP play calls, Im considering the $142C 5/7 expiration the break even is just before the gap ends. But the volume & open interest is 6 and 142. Price is consolidating and been faking buyers out of there positions, so I learned rule of thumb is when charting on the daily go 30 days out

don_shula

Price has been respecting the daily uptrend on this pennant pattern formed on the daily time frame. The pattern its formed suggest a break out will likely follow. With the president trying to get everyone vaccinated as soon as possible im bullish on the catalyst. The daily RSI is in a neutral position, and the stochastic looks to be shifting towards the upside. On...

don_shula

upper part of the flag, on the daily down trend price price has been consolidating & repeatedly testing that trend line,imo this usually means that the resistance is getting weaker & a breakout is to be expected, for that to happen we would see a surge in volume typically an abnormal amount on a smaller time frame to use as entry. The RSI and the stochastic are...

don_shula

$DASH just recently came off its all time lows, IV is 64.54% & IV Rank is 4.78%, although this is a new stock and I don't have much historical data to compare it to, I believe with price coming off its ATLs we will see mean reversion take place in IV, & a rise in price. The bullish engulfing on the DAILY time frame usually indicates a trend reversal, the sniper...

don_shula

From point A, price hit resistance at 77.21 before falling to the 50 EMA; point B. Between B & C price ran for about 30% breaking structure, passing point A. Price retraced between C & D retesting that previous level of structure, which is point A. In my opinion price has formed some what of a bull flag on the DAILY TF, I see price has found support along the 50...

don_shula

with the stimmys being rolled out, us ignorant American citizens will go and buy things we really don't need to impress people we really don't care for. W that said the entire retail sector should be green, the catalyst is the stimulus checks, and the sentiment is bullish. I personally see $WMT going past the 200 ema tomorrow so at least +2%, 5% til the gap.

don_shula

short term play here, BAC finna take off and surpass ATHs, I like the postures of the indicators, on the 1 min time frame we are squeezing on the TTM. we are in a bullish flag on the 15min and below time frames. not much to report here the graph is pretty self explanatory. lmk what y'all think I love the feedback!!!

don_shula

$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a hidden bullish divergence forming ins the daily from jan 4 - feb 23, another thing $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc . Still waiting for...

don_shula Updated 

$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc. Still waiting for price to find support on the daily, with the current selling pressure in the candle im not...

don_shula

$jnj catalyst, the approval of their vaccine, w the need for vaccines this can be lucrative for retail traders. $JNJ is currently forming a double bottom on the daily time frame, right around that 159.80 with the price being bought up roughly around that 50 ema. Price took off earlier today but got over extended, right now we are pulling back right around that...

don_shula

The market gapped down at open, $SPY is currently below the 21 ema, today it tested the bottom of that daily uptrend which is just above the 50 ema. Once it hit the bottom of that daily uptrend you can see the "algos" bought it right up. This can be a fake out, as I mentioned earlier this year, SPY on the daily time frame is in a huge rising wedge which is a...

don_shula Updated 

*live analysis* looks like a head and shoulders pattern on the daily, I also noticed that if you zoom out you to see the big picture you can see that $SPY has been in a rising wedge for months now. on the 1 hr its likely to find support at the 390.20 level on that 50 EMA.next level of support is at that 389.22. happy trading let me know what y'all think

don_shula

$LOW is currently in a bullish flag position. I like the postures of the indicators on the daily, 4 hr, and the 1 hr. Price is currently testing the top of that daily trend expecting a break out move. if the break out occurs, looks like its going to make an attempt at new ATH's. The fib levels are looking good, 175.45 is a level that was briefly used for support...

don_shula Updated 

bullish cup & handle on daily, better seen on the 4 hr. First a re test of the 200 MA establishing solid foundation for better support. likely Consolidation at 205.79 or the 50 & 100 ma because of resistance, this will be PT1. Once 205.79 is broken through, its likely to be tested as support to continue the bullish trend. PT2 will be at 220.00 also known as...

don_shula

What I like here, is the bullish price action. You can see the buying pressure ends in the last 2 candles, where it seems to have found support at that 103.74 level. Of course this stock still has a bit of resistance to break through with the 50, 21, & 9 day EMA, I do like the pattern on the daily TF which is forming a double bottom, also another bullish...

don_shula

market is over extended and has been on a bullish tear for months now. market analyst are expecting a pull back and it could be happening sooner than we think. right now price is up atop that daily wedge, near resistance and all time highs, id be Leary playing this market could be a blood bath pretty soon.

don_shula

I like the pattern that price action formed on the day chart, I like the consolidation at the resistance on that daily trend line. the postures of the oscillators can be more bullish but I like how they look over all. ill be closely watching this and playing the break out