Justin L. Found this similarity. I must say, it's pretty spot on. And with Oct usually being a weaker month, although this month, so far, it's very strong, if towards the end OCT the QQQ pulls back similar to what it did last time, it would be a very buyable even. This is a retest gap, after all and a new All time high!
Yes... I'm trying to 'pick the top' with this covered call. Things / stocks can't go up forever. Wouldn't mind getting called away here. (I did say that last time but that gap made me change my mind...) Rcvd plenty of positive equity since that #coveredcall unravel WAY back. $162.46 was a / is now a strong target for me after $150 has been hit. ;-)
Looking for a fade on this one. It likely will retest once it breaks down (4 bearish candles in a row on the 15 min chart) 2R is target. Hoping to lose less than 1R
Big deal... BIG DEAL.. This is the most recent tweezer top on the SPY. We have a few hours left to find out if SPY this week will form a textbook tweezer top again. HIGH CHANCE SPY goes lower if it does. #learnyourcandles
Beautiful bearish gap. Last 4 days have been a stair step pattern. GPRO at times can be hard to short. One could do Jan puts.. Target is $20 and below
Nice looking bullish volume. Also could consider bullish swing if it continues higher and or closes above the all time high.
Great gap, potential follow through from yesterday.
Potential double bottom forming. Nice NWS today. Good volume on the hourly.
Great pennant pattern at the ALL time high breakout