The buy on this is only if the market turns around...this stock will follow market so insure market is moving higher as of now we have weakness in indexes. I think this stock could be a high flyer
Our Unique Forex Algorithm is looking for EURAUD to make a move higher if a certain price level is taken out. Please refer to the chart for further details.
Using unusual volume and Option Expiration Fridays as pivot points to draw out 45 day and 7 day trend line cycles, I'm predicting that TSLA will have a retracement near the $269 price - correlated to the 50% Fibonacci Retracement overlay. I've drawn out a couple of 7-day cycle trends that are not biased validations.
Stop Loss price at the previous support of...
Goldman Sachs is a short to me here on the daily for a quick short. I'll disclose now that on the Weekly chart I am long based on the giant indented head and shoulders and the smaller head and shoulders that makes up the right shoulder. That is in my IRA however, as I do not purchase stock (writing covered calls) in my trading account simply because it ties up too...
BestBuy has been consolidating since the beginning of July. Earnings are due tomorrow before the opening, and our IV% is at 56%, so I am looking for a play here to collect a credit.
Historically looking at BBY we can see usually see a slightly bullish move after earnings (EPS, which is usually beating estimates). Because of this, and being at the top of this...
Just watching PA in this area. PA is Beginning to push up against both a down TL and resistance area. If price breaks through it may continue move up toward the recent 101 high. If it breaks lower look to the recent low where buying volume was very high. I have purchased a Jan.15 call w/a strike @ 100. w/ the holiday season approaching I believe PA will get the...
Short MSFT 45.5 weekly puts on a near test of the 45.5 level. After testing that line twice, it has failed to breakout again today.
MACD is flattening out, stochastics are heavily overbought and price action is near the top of the Bollinger bands. Option IV also very low, near 13%
Idea is simple:
1. Wait for market to recover to 1.7116 - 23
2. Buy September Put Options with a strike of 1.70 (personal preference)
3. Wait
Rules:
1. If market proceeds to make a new high above the 1.7190 High on the 15th of July.... Close position.
Why am I using options?:
1. Risk is fixed.
2. Greater leverage because we are expecting a SHARP selloff from...
Chart Setup:
Simple strategy with MA (12,close) / AO / Stoch (12,3,3)
Time Frames:
5M Chart
10-15M Expiry
Rules:
------------
SHORT:
1. Moving average MA (green color line) must pass through the body of the candle and be above the next candle
2. Awesome Oscillator indicate their movement to the level of 0
3. Stochastic at the overbought zone (70 to 100)...
This stock is a great candidate in fundamentals with a great technical set up, it has used it's 10 week moving average (50 day) for a long time showing buying, the recent correction has created a cup/handle base with a buy at 71.96 area...the potential is at least the bottom of the cup to the handle turned upside down in points 6 points, however it could run much higher
With earnings right around the corner in July, SWKS has continued its' impressive run up. I have been following the stock closely since May when I entered at 43 with August calls. After hitting my first target of $48 and seeing my options more then double, I have taken half off and am allowing the rest to ride into earnings. SWKS continues to flex its' muscle and...
A few of my previous charts on gold have been bearish, with initial targets around $1500-1400, which were then revised to suggest possibly as low as $1150. Well, it came close so, from a technical perspective; it did reach the zone I expected for a low, but the wave counts had not been clear enough to support a high degree of confidence.
However, I think the...
NOTICE:
After each expiration,the market moves and then comes back to the expiration level.
I drew a red line from the expiration level and the re-test.
Tim
1:07PM EST Friday, May 23, 2014
This stock is poised to go higher, it is moving well without nasdaq on it's own news of price increase and also more content...think it could run, but NAS move up would help....I keep risk to 20% on options and expect 40% gain or more...timeframe is by August move with Sept options
The current Netflix trend appears to be a repeat of the 2011 bubble burst. In fact the two curves are almost identical so far. If we assume that the 2011 trend holds, and project the expected 'bottom' after the bubble bursts, one can infer some near term price targets that could be used as some type of options play.
After watching the Japanese Yen trend lower for more than 77 weeks it appears we are now starting to see the smatterings of a bottom coming in on the currency. While it may be a bit early to 'pound-the-table' I do see an interesting opportunity presenting itself within the options space. According to my very strict WCTS model, I can only consider a long position...
![XAUUSD: $XAUUSD - Gold: Bearish [Intermediate-Term]](https://s3.tradingview.com/l/lF2bJu6p_mid.png "$XAUUSD - Gold: Bearish [Intermediate-Term]")
