(1) This stock is being shorted heavily
(2) No one is willing to buy because it really isn't at a bottom yet, the bottom is at $45 where the initial IPO price is announced
(3) Retest of low, rejection mid day, Depending on momentum and selling pressure, looking for a quick run to $75 after break of $78
(4) Past two days the short interest went from 15% to 23% and...
(1) SL at Strike price
(2) Price Action breaking down toward the green MA, similar to SHOP
(3) Risk Reward: 1:10
(4) The main reason for the naked puts are because the VIX is up, SPY staggering, and strong down trend, plus quick retest to prev swing low ever 2-4 days
(1) I opened this position early in the morning anticipating for a drop to the prev low.
(2) Choppy morning price action led to the break down, very good Thursday downward momentum.
(3) Reflection: Last week I have been way too hasty and always took my position off second day morning or two hour after the market open because it didn't move as I wanted and I got...
(1) Low volume gap up Open, Initial trend down, Rising Vix
(2) Tuesday $20 move down, looking to repeat today or tomorrow.
(3) Consolidating at low of day as of the past 3 hours
(4) Break of Short term uptrend with consolidation
(5) 780 was a critical level, 1 HR wicks rejecting move above 780
(6) Drop may happen at break of 1HR 14MA(New Addition to help confirm...
(1) NFLX Strong, going up, ROKU finding it's way up behind
(2) Daily: Monday strong close within top 10%, Tuesday consolidated at same range.
(3) Entered trade at break of Tuesday high, aiming for 152.87-153.29 as first PT(Prev highs before the dip), 155.5 as second PT if break above.
(4) Stop loss: 149.50 at the break
(5) 157.5 call: 1.25c, SL 1.00c
(1) GM price up after ER but the guidance is not so bright - China uncertainty + Strike impact
(2) Morning made lower low 8:30-8:45AM LA time.
(3) Entered Trade 38 Put for .35c, SL .20c (Reached, but did not sell, held til EOD,; Would have re-entered EOD at .25c)
SL: .20c
PT: .75(If strong momentum + Bot Consolidation, Trail Stop here), .90
RR:...
(1) Jedi contract news pushed the stock above the consolidation channel, formed Morning Star and = Distribution Phase done, Trade Phase begin
(2) Tuesday Opened lower than Prev. day close = Entered Position at the morning consolidation near Prev. LOD
(3) Successfully Break Prev. LOD, Consolidate and closed at Bottom 10%
(4) According to my strategy, the stock...
I'm a third year college UCSB student, been trading and learning for a year
From the look of BA news;
(1) Bearish over weekend, 777 test fail n stop due to its cargo door
From the look of Technical;
(1) Did not break last week's high = buy momentum didn't exceed last weeks, weekly volume lower
(2) Friday closed within Thursday's range = buy momentum at a...
