stockmankam

stockmankam

Basic supply and demand levels provided Would suggest taking monthly 40c or 45c I think NIO wont have trouble taking out the smaller daily supply, but certainly the next two! Trade accordingly!

stockmankam Updated 

I wish I had posted this play sooner but I have been scalping ZM puts ever since it reject the .618 fib resistance multiple times... Just by looking at the chart, it seems as though ZM is respecting the fib lines almost to a tee, as you may already know, I only play the .618 and the .382 fibs since those are the most important retracements. ZM has triple tested...

stockmankam

Here I listed 1d supply and demands, look how perfectly it bounced right off demand! (green zone) (...pretty much means support) Im waiting for a clean break of 340 here to swing up to 355 then once it clears the first daily supply we are full throttle to 370 baby! PT1: 355.82 PT2: 373.66 PT3: 382.39 +

stockmankam Updated 

As we know this market has been awful, what would've been really good dip buys has been just actually falling knives and dead cat bounces. Which brings me to today, we saw quite the "exciting" push today throughout the whole market especially with SPY, but don't get caught up with swinging long term positions yet as there hasn't really been any sign of the market...

stockmankam

SNAP bounced cleanly off of daily demand again and is making its way back to daily supply as charted above. Expect lots of resistance in the red shaded areas as these are the supply zones. My positions: 4/16 55c, 5/21 60c Let me know what you think!

stockmankam Updated 

As you see on the chart, HD has been consistently following this support and resistance trend, as you see it has been extremely parabolic after earnings and with the recent price upgrades. With that being said, it is extremely oversold:/ Since its been follow this trend, I will be aggressively shorting HD on a break of support at 279.70. 1st PT: 269 2nd PT:...

stockmankam

11 minutes ago Although I am not very bullish on the market as a whole, I see this as very good opportunity to grab some long calls for MA. With MA being a very stable company, I do not see why they would drop anymore than they already have, also its been following this support and resistance trend for the past 5 months. The way I will be playing this is on a...

stockmankam Updated 

PTON broke its long term support last week. It looks like it bounced right off the .50 fib and is looking to test its old support which would be its new resistance in the short term at the .618 fib. I don't expect it to break, once clear confirmation on bounce off the resistance at .618, I will be shorting PTON to 76.

stockmankam Updated 

TSLA free-falled to $540 last friday which was its long term support for almost a year. TSLA bounced up to just under 600 but couldn't hold over...I personally do not think we will climbing back up to 900 anytime soon but who knows, TSLA is a wild stock. Expect to see a small run to the .618 fib at $630 then a continuation down to the .382 fib around $450. I have...

stockmankam

Clean bounce of the support as you see on the chart, I see this running back up to support within 1-2 months to $340. Consider trimming some position around support.

stockmankam

Falling wedge has formed on 30min and 1hr. I will be looking to play this on a clean break of 13.95, It is stuck around the 13.50 resistance currently, may retrace to 12.60 range but I highly doubt it because it closed fairly bullish last week. Expect this to room heavy with enough volume! Break of $13.95 PT: $16

stockmankam

PLTR broke the heavy trendline that its been riding on for since last, granted most stocks dropped terribly last week but it seems like PLTR has found its good base around the $23 range. I see this rocketing once break back into the old trendline and out of this falling wedge. (PS) I know nothing I just like the stock