Welcome to SPY Weekly. I have discussed the levels where to go long. If you have any doubts or questions please feel free to DM here on X. NOTE: DO NOT BUY CALLS
Based on the chart analysis, the rising wedge pattern signals a likely bearish correction in the short term, with the price potentially testing the 0.618 Fibonacci retracement level around $518.36 as a key support. However, the Elliott Wave projection suggests a bullish reversal toward point (C) if support holds, indicating a medium-term upward move. Traders...
Loving the momentum in the market these days. Only if you know how to catch the big moves. I believe bigger moves are coming from Monday onwards. Within NIFTY and BankNifty, I feel BankNifty trades will make the bigger money. Are you prepared? Whats your strategy for the recent volatility? Share your thoughts.
TSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line...
BUY ABOVE - 49480 SL - 49290 TARGETS - 49670,49850,50000 SELL BELOW - 49290 SL - 49480 TARGETS - 49050,48800,48620 NO TRADE ZONE - 49050 to 49670 Previous Day High - 49670 Previous Day Low - 49050 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
(#NVDA) - we held above $776 retest its now going for the next target which is $1007
Hello dear traders! GBP/USD maintained stability at 1.2700 early Tuesday after remaining largely unchanged during the week's opening session. While the technical outlook still suggests a continuation of the uptrend, the pair's price action could remain difficult ahead of key inflation data from the UK on Wednesday. Technical analysis: The bullish outlook is...
PLTR 5/24 Hedge Trade NYSE:PLTR reported earnings pre-market on 5/7. After exceeding expectations, NYSE:PLTR has been range bound. An option trader most likely a hedge fund or some kind of firm created a significant wall due to purchasing too many contracts valuing over $106.7K. This may seem like a low amount especially for options but for NYSE:PLTR this...
April and May 2024 have been amazing in terms of returns from MIDCPNIFTY monthly options contract. Had some awesome trades in April and 2 trades in May (first SHORT and now LONG), both giving massive returns. I was trapped in the intraday or scalp trading, by following Telegram channels blindly, without knowing a thing. Today I dont depend on anybody to take...
Wheat plays a critical role in global agriculture and trade. Extreme weather has turned wheat prices bullish, rising more than 22% in a month after having languished for more than two years. After reaching their lowest level in more than three years in March 2024, prices have rebounded strongly. Wheat rally is driven by extreme weather events in multiple places...
If you haven`t bought NU before the previous earnings: Then analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 11.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.67. If these options prove to be profitable prior to the earnings...
If you haven`t bought DOCS before the previous earnings: Then analyzing the options chain and the chart patterns of DOCS Doximity prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $1.15. If these options prove to be profitable prior to the earnings...
If you haven`t bought the previous dip on XPEV: nor sold before the last earnings report: Then analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week, I would consider purchasing the 8.50usd strike price Calls with an expiration date of 2024-5-24, for a premium of approximately $0.40. If these options prove to be...
If you haven`t bought GOTU before the previous earnings: Then analyzing the options chain and the chart patterns of GOTU Gaotu Techedu prior to the earnings report this week, I would consider purchasing the 9usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $1.12. The chart looks bearish, but my bet is on a China...
Heromoto since Feb'24 4th time has tested the fib resistance of 4954.A day close above 4954 can take this stock towards 1) 510 2)5177 3)5329 4)5473, below 4632 will be exit for me. Since my indicator is also not giving any negative signs, I have high hopes from this setup. Only thing is weakness in overall market can affect it. Lets see
We have been holding the LONG position (CE) from our entry on 14th morning. The price saw a downward movement today exactly touching the Risological Astra line and taking a bounce back upwards. Market has overall bullish sentiments especially considering the fact that the election results are nearing and this bullish momentum could be a hidden bullish divergence...
If you haven't bought UAA before the previous earnings: Then analyzing the options chain and the chart patterns of UAA Under Armour prior to the earnings report this week, I would consider purchasing the 6.50usd strike price Puts with an expiration date of 2024-5-17, for a premium of approximately $0.27. If these options prove to be profitable prior to the...