FUBO has been taking a beat lately, It has earnings coming up, could catch some momentum above 30.20 Very strong resistance above though.
Next pivot at $47.00 We could see similar move from LCID and TSLA EVs are hot right now
We entered long on $WKHS today... let's see how it pans out!
IWM Market Maker Sweet Spot Calculations NOVEMBER 2, 2021 How do we get to the Sweet Spot Derived from the amount of OPEN INTERESTS multiplied with 100 shares per contract times mid price gives us a good estimate what money is at stake and where the Market Maker will make the most money, or better said will lose the least! This is the spot where the market maker...
Nice inverse head and shoulders forming on the daily. MACD also looks like it wants to flip too. One thing to note is the potential rising wedge pattern forming after quite a large drop. (bearish) Must wait for confirmation before considering an entry.
An interesting situation on gold as the price is between the relatively closely spaced two Virgin VPOC points. After reaching the local low on Friday, gold is systematically making up for losses by climbing up. The closest opportunity to join the intraday traffic north will be a Gamma breakthrough of 0.25 or the observation of demand around this Gamma (as clearly...
Good ER, broke above mental resistance $150.00. seems to be forming a base. above $152.45 and i'm seeing $155.77 (VPOC) overall move would be to $185.71. short term targets are $155.77, $156.92, $158.64, $161.62, $164.24, $171.51 (POC)
The start of September IVR picked up and we can see a series of red candles within that same time range. Now as IVR settles back down to its stable range then there should be less dramatic movement in the stock price. Should price continue within the current range then being able to play with price between the two values would be a manageable trade with...
Inverse Head & shoulder breakout happened. Is it now a 2-3 % pullback to Gap fill then Bounce completing Cup and Handle? Hope so. Got 10 $56 12/3 Puts. Assuming a quick pullback then continuing up long term. Overall very much Long KO however.
Make or break level for Roku here. We must see a strong bounce this week ($25+ bounce) or else it looks quite rough for the outlook of this one...
Didn't have time to do a full Elliot Wave Theory analysis on this one, I apologize for that. However, very clear supply/demand zones labeled, while trading within a wedge. Extremely attractive bullish inverse head & shoulders shown on the chart, looking to potentially confirm and breakout early in the week. The only thing holding me back from this is the fact...
One of my better counts that I'll be watching develop. We have hit and rejected the 1.618 fib extension wave 3 target of $257.32. I anticipate some distribution to occur this week near this level before an ABC major wave 4 retracement takes place. This should take us anywhere between $226-242 (I know this is vague for now since not much clarity yet) and should...
After an extremely frustrating and long corrective phase, I believe we are nearing the end of this. Looking for a dip to complete the wave 2 retracement and a very buyable zone from $35-37 as long as it holds. I see this as a major bottom and wave 3 to proceed with minimum target at $48.57. I still hold 2023 calls and will continue adding on dips (including this...
I alerted a Google long debit spread last week and those printed in the end of the week! Expiration is this Friday so please take caution. Looking to potentially roll profits into a new position depending on how price action looks early in the week. An amazing breakout and reclaim of the longer term daily channel. Last week, I said it was KEY that we get a daily...
Another prime example of AMAZING chart setup, terrible timing. Fastly reports earnings on November 3rd, therefore I will be waiting until after to consider a position. Textbook wedge breakout, with the retest holding into a bull flag which is looking to confirm. If we can hold above $52, targets above include $55, $58 and $64.
Not my favorite setup into the week... but still worth mentioning here. A possible wave 1 is in and looking to retrace on this wave 2. I have indicated my ideal buy box in the $148-155 range is best. If we can hold there with volume, I will consider taking a small long swing, targeting the mid $190s area.
Beautiful chart, terrible timing. Activision reports earnings on November 2nd, therefore I will wait until after to consider a position. With that aside, the chart looks amazing. Headed into a possible wave 3 with target at $87 as long as $76.25 holds. Might be worth an earnings lotto if you're into that.
Looking like a potential local top may be in here with a pretty convincing reversal daily candle. Expecting quite a bit of choppiness for the next few weeks/month to retrace and build a base for a fifth wave higher towards my $138 target. Patience will be key on this to wait for the right setup to present itself. Worth keeping on your radar if the retracement...