nodiggity nodiggity TSO, 240, 2 months ago
TSO: Need Comment: TSO trading sideways?
7 0 1
TSO, 240
Need Comment: TSO trading sideways?
Chart is self explanatory. Can anyone comment? It looks like it might trade sideways to earnings.
nodiggity nodiggity MPC, 45, Short , 3 months ago
MPC: Doubled-down on my shorts: MPC Triple Top
9 0 1
MPC, 45 Short
Doubled-down on my shorts: MPC Triple Top
Added more to my short position for this triple top in $MPC. Long put options. Way overbought. Self explanatory. Have fun.
nodiggity nodiggity TSO, 240, Short , 3 months ago
TSO: Straddle with TSO: Range-Bound!
17 0 1
TSO, 240 Short
Straddle with TSO: Range-Bound!
There are two ways to trade this. One is to short TSO to $73.40, and if the resistance holds, go long until $77.90. That's too risky. You can do that, but I'd rather play this as a straddle. Sell the $70 puts (1.25) and $80 calls (1.31) September calls. Max Profit: $256 per option.
nodiggity nodiggity MPC, 240, Short , 4 months ago
MPC: Short MPC
5 0 0
MPC, 240 Short
Short MPC
If oil takes a significant dip overnight, I will be short MPC. I don't think there is any fundamental to support this stock to the upside anyways, so I am shorting calls. Plus I am not much of an options buyer unless to trying to hit a home run. The blue line represents options expiration day. These are 4h bars. ...
Matt_Feda Matt_Feda CL1!, D, Short , 4 months ago
CL1!: $WTI - Refiner Outages Approaching, P Action around $42.5 Key
279 0 3
CL1!, D Short
$WTI - Refiner Outages Approaching, P Action around $42.5 Key
Using $42.50 as a support level, a bounce off that level would be considered bullish, but if prices fail to hold, a return to $37.50 seems probable. This implies a negative 200 day SMA cross, which suffice it to say, would be a return to the bearish int term trend. This, in concert with a low energy demand season ...
nodiggity nodiggity MPC, D, Long , 5 months ago
24 0 2
MPC, D Long
Buy them TODAY. They are cheap today. Good luck.
nodiggity nodiggity MPC, 240, 5 months ago
22 1 0
MPC, 240
Look guys, this is the same Fib retracement that has HELD since the Jan-Feb selloff. Do not take my word for it. Look at my previous predictions, load the new data, and see how much money was made. MPC has had a history of bucking the market. When SPX was down 2%, this was down 7%. When SPX was up 3%, this was up ...
nodiggity nodiggity MPC, 240, 6 months ago
MPC: Cash in: No hold weekend for me
28 1 0
MPC, 240
Cash in: No hold weekend for me
No reason to hold anything over the weekend unless you have to. Something smelly about the markets. I can feel the SPY wanting to sell. MPC rallied up testing 37.00 fib level. It tested that level and it did not breach. The chart indicates overall bullish. It has/is building a nice $35 floor for itself. THE MODEL ...
nodiggity nodiggity MPC, 240, Long , 6 months ago
MPC: Stay Long MPC
17 0 0
MPC, 240 Long
Stay Long MPC
If you went bullish on calls per my previous post, you are enjoying a nice pop today. My time horizon is longer so I am holding until $38.75 (the next fib level). The MA just crossed and I want that to marinate for a few sessions. You should be just playing with house money now if you bought the day or day after I ...
nodiggity nodiggity MPC, 120, Long , 6 months ago
MPC: Buy MPC calls
26 2 1
MPC, 120 Long
Buy MPC calls
Get em while they're cheap! You might find cheaper premiums on HFC as they nose-dived yesterday, but MPC has stronger fundamentals IMO. And a reminder like always, MPC has a history of bucking the market the market: SPY. In regard to fundamentals, this is an oversold reaction to MPC and other refiners' posting ...
nodiggity nodiggity MPC, 120, Short , 7 months ago
MPC: Buy or Sell MPC Earnings Rally?
15 0 0
MPC, 120 Short
Buy or Sell MPC Earnings Rally?
I'll let the chart speak for itself. The chart was drawn prior to today's open.
nodiggity nodiggity MPC, 60, 7 months ago
5 0 0
MPC, 60
Please compare this to my previous post where I had drawn the Fib retracement. I have redrawn this to capture the double bottoms. I was not sure if it could break out from it's previous fib level and so far this previous retracement model is holding up. I have said this many times, but will say it again. MPC has ...
nodiggity nodiggity MPC, 60, 7 months ago
MPC: MPC momentum losses steam
9 0 0
MPC, 60
MPC momentum losses steam
Today's was the first breakout for MPC from the fib retracement. It is topping out back to the January lows. This MAY be a point to where the trade switches from fundamentals before it trades off of something technical. Just general discussion. I sold today. Please comment.
nodiggity nodiggity MPC, 45, 7 months ago
MPC: MPC hits top fib line. Sold.
8 1 0
MPC, 45
MPC hits top fib line. Sold.
I was long at $36 handle on Tuesday. I sold at $38.70 which it is straddling right now at the top of the fib retracement. MPC is outperforming other refiners today like VLO, HFC, PSX. There is no technical support above $38.70. Either it breaks out to $50+ or rather I am looking to buy another dip below this fib ...
nodiggity nodiggity MPC, 120, Long , 8 months ago
MPC: MPC bucks the mkt again
4 1 1
MPC, 120 Long
MPC bucks the mkt again
Yesterday MPC closed at $36.47 on a late rally exactly at its 2nd fib line for which there is previous support at that level. It's been hard for this stock to breakout past $37 with analyst price targets in the $50s. It needs momentum.
nodiggity nodiggity MPC, 15, Long , 9 months ago
MPC: MPC Cup & Handle - 7 days
12 1 0
MPC, 15 Long
MPC Cup & Handle - 7 days
I've been long MPC for a number of reasons. I'm just bored. Quiet day. The most important thing is that it's found a bottom at $29 after free-falling with no support unless you go back to 2012. This stock is down -50% since early Dec 2015. Disclosure: I am long MPC.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out