Major resistance hit coming; calls are the play. Low RSI, possible bounce off 200 MA, bollinger bands reversal? Let me know your thoughts! FYI: I'm new to charting/technical analysis, so any constructive criticism would be appreciated :)
Fairly bold post considering today was PYPL's worst ever trading day but... I see a reversal in PYPL's downtrend incoming. The RSI is indicating that shares are far oversold on the weekly chart. As shown above it is approaching pretty solid support which could serve as an entry. Just speculation...
Reading chart from left to right: TAP went through a bear phase from June to September of 2021 and an accumulation phase from September to December 2021. We saw the first impulse out of the accumulation phase with it's punch to $52 and it did a classic 50% retracement to $48. We're seeing upward momentum in February which is signaling that there's potential for...
As the title says, simple put credit spread, was enterred at noon today when we were green. THe position is currently being tested to the downside. I debated turning this into an IC as well just like the other trades from today, but I feel that QQQ would be the one to turn around the quickest and I do not want to end up in a scenario where my call side gets blown...
Important level for 20/01/2022 buy CE Above the Buy line Buy PE below the sell line May open lower today
A description is worthless at this point. We all know why we’re here. Buy, hold, DRS. You can all believe what you want, but in the end, everyone who truly believes in the stock is already DRSed and holding. We are just waiting for the fun to begin :) Thanks for the discount hedge funds. Time to load more. GameStop could visit 50. It probably will. But that is...
149/152 call credit spread - Filled for 0.36 - >10% Return on Margin I believe that the 20 years will continue downwards with rate hikes. As such I have setup this call spread to take advantage of the downward move. This position was opened on Jan 11th but I just got around to posting. See blue vert line for entry date Candle. Additional premium was collected...
BITSTAMP:BTCUSD Bitcoin is about to make a HUGE push within the next few days. Right now it's sitting in a pretty quite neutral area where it has to test the respected support line where it formed a double bottom at. If BTCUSD breaks the resistence line here it would go up and make new highs thus pushing the price upwards and build momentum for the upcoming...
Break out of triangle channel for CIB coming? entry point set, large profits to be taken! Not financial advice, just speculation.
Mid January 2022 Analysis Buy Above 885 Add Quantity at 850 Strict Stop loss 823 Target 950- 980
I have mentioned SPY trades. I don't analyze future ,I play accordingly. I can play both sides but just letting you know I see a lot of resistances on the the up side. If you are in a call exit where I have mentioned and If your a Bear tomorrow exit at PT 1. I am still bearish as a lot of resistances on upside and a lot of reward for bears. Do your DD. "A quality...
This is my gold long position idea based on fib drawing tools.
NASDAQ:AMD $AMD - watching for a break over 136.34 or break under 130.77. Trading under its 50 MA, and its 12/26 EMA 12 EMA just crossed under 26 EMA Well above its 200 MA (macro uptrend) 1/7/22: BTO/STO option trades on premiums >100k = bullish. Volume on the 130p and 140c. Lots of OI on the 150c\1 35p - watch for changes in these Local support at...
XPEV in uptrend forming higher high and higher lows. Took hit today due to overall market pull back. Believe good opp. for entry/calls or writing Puts.... Disclaimer - Please do your own DD before opening any positions. I have calls on this play and looking for ~50-60% quick return.
We observe weakness/Bears dominating BTC market recently. Options Sentiment Indicator is giving mixed signals (overall we see bullish sentiment from Options traders but more volume is within PUT options still). 4 Virgin VPOCs are awaiting retest and are located above current price in comparison to 1 VPOC below current price - Bullish pressure area of 46000...
Even with the price tag GME has now it has been holding consistent volume vs. its past average for 2 decades. With the recent run up to 500, GameStops volume soon plummeted after it failed to continue its parabolic action upwards. As fear ran rampant through retail due to absurd actions made by HFs and the United States Government in direct result to GME's price...
Today I would like to introduce you all to process of analysis step by step instruments with usage of Options Toolkit Suite. I wrote in my earlier posts what edge can give us data obtained from Options Market. So now let's jump into details and have step-by-step detailed guide. Firstly we need chart layout split to 3, as on three different timeframes we will...
If you are long exit @175 or near that price point. Will see how price reacts when it enters the highlighted zone. We do have weakness on daily charts for sure. This $175 is just a zone to exit if you are long. I will not take a call or be long here as there is weakness on Daily TF