I don't know. Could be a bearish channel. I mean.... 1. Half the world is on fire right now. 2. Europe is seeing record heat with no end in sight. 3. 1/3 of US has heat warnings 4. Some little Mexican guy named El Niño wants to kill us all 5. North Atlantic surface temps never been this high 6. In Phoenix, you can fry an egg on your wife's ass 7. All the idiot...
Bought the 7/26 calls at the $3.50 strike price yesterday. If you notice, I front-ran the buy signal, that still hasn't shown up....YET?!?! But this is the VIX, you need to move quickly. I may hold, I may sell or I may roll. Not sure yet. Let's see how the week ends. This call expires on Wednesday FOMC......soooo Not sure what I wanna do with this trade yet....
The Poop Ladder is a technical reversal signal indicating a huge dump is coming. It's funny that the first round of layoffs actually made this pos pop after a huge miss. Won't work this time. Remember what ol' Zuck said - prepare for a ‘new economic reality’ that could last ‘many years’ = which translates to $180.90 gap that needs to be filled. The Poop...
This is called the $hitty T1tty Pattern. Extremely bearish technical reversal pattern that forms when the chart looks like your ex gf's odd shaped tittie$ and when all these Apple insiders start selling.
Thinking of buying an option strangle for friday 4/21. Looking for a big move in either direction - seems to be setting up for volatility. All eyes on Tesla's margins. Other thoughts... 1. Tesla's price cutting can go either way. Could look good for ER, but may be bad for future/conference call. 2. Some insider selling the last 2 months. 3. Damn....Tesla sure...
Gonna flip to a buy signal. Bullish divergence. Will rise thru May.
Looking like a good trade into early 2022 IMHO - Never have done this before, 1st idea, so please don't laugh too hard.