tipere445

tipere445 Updated 

Good day folks, Today, I will open a small call position in DIA. This is a highly speculative trade as no breakout as occurred yet, however it makes the potential return very interesting as the option price is low. Also, the risk is limited as the candles are sitting close to the bottom line of the symmetrical triangle, so exiting the trade can be done fast if...

tipere445 Updated 

So far the consolidation is holding. I think we will see a breakout (probably Monday) like we saw with QQQ and SPY. In the meantime, if the price breakdown the triangle then it will be time to close the position and to short. If the price reach 250 ish by Friday, then you can potentially make 100% in 2 days! Cheers,

tipere445 Updated 

The stock seems to get out of its consolidation, I believe that the stock will follow its bottom trend line. I will buy some April 20 Calls, and smoke some of their weed while watching it reach 26$. Great products by the way lol. Have a nice trade!

tipere445 Updated 

Looks like QQQ will be forming a Head and Shoulders Pattern. Let's see.

tipere445 Updated 

Target 124

tipere445 Updated 

Looks like TLT is forming a round bottom pattern. I will be buying a couple calls with a march 16 expiration. Target 121. Have a nice trade!

tipere445 Updated 

I think that it is worth taking a small Call position until the right shoulder (if there is) is formed. Target 250

tipere445 Updated 

Short-term consolidation seems to be over. The Dow-Jones Industrials Average (DJI) is breaking out of the symmetrical triangle to form an ascending triangle. The DJI should continue to rise in the days and weeks to come. Long DJI!

tipere445 Updated 

After breaking the symmetrical triangle last Friday, the DJIA's run to 26500 looks likely. I expect a very good next two week; starting with a price target this week of 26000, and 26500 next week. It is fair to say that the Dow could face a lot of pressure from its January high. Therefore I believe that the price will be dancing between 265-266 for a week before...