If you haven`t bought the dip on WFC: Then analyzing the options chain and the chart patterns of WFC Wells Fargo & Company prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $4.85. If these options prove to be profitable prior to the earnings...
If you haven`t bought WAL before the previous earnings: Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week, I would consider purchasing the 52.50usd strike price in the money Calls with an expiration date of 2024-6-21, for a premium of approximately $6.35. If these options prove...
This could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example: 100 stocks at 34.4 = $ 3440 1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108. Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close...
BUY ABOVE - 48120 SL - 47940 TARGETS - 48260,48400,48510 SELL BELOW - 47940 SL - 48120 TARGETS - 47840,47700,47560 NO TRADE ZONE - 47940 to 48120 Previous Day High - 48260 Previous Day Low - 47940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hello dear traders! Today, we're having an exciting day in the markets for Bitcoin, aren't we? We see that Bitcoin started the trading day at an impressive price of $66,352, up 2.16% from yesterday. This is a sign of a positive trend that we need to pay attention to. Looking at the bigger picture a bit, Bitcoin found a strong support point at $60,000 and from...
BUY ABOVE - 22430 SL - 22360 TARGETS - 22470,22510,22570 SELL BELOW - 22360 SL - 22430 TARGETS - 22320,22270,22210 NO TRADE ZONE - 22360 to 22430 Previous Day High - 22430 Previous Day Low - 22360 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hello everyone, nice to see you again in today's chat! Today, we will analyze and propose a strategy for BTCUSD together. Currently, BTCUSD is in the process of consolidating at high levels, with stable trading activity on the 1-hour timeframe. Bitcoin price is currently trading steadily above $66,000. Additionally, a bullish head and shoulders pattern is...
Hello dear traders! The current situation for GBPUSD shows that the downtrend is still continuing to develop after a recent strong breakout in the 1.242 area. Currently, GBPUSD is stable around 1.2363, with a slight increase of 0.11% on the day. However, trading activity is still controlled by the exponential moving averages EMA 34 and 89, which shows a not very...
Hello dear traders! The XAUUSD correction continues to build. The price broke through the $2356 support level as we expected as measured by the 0.5 Fibonacci. The price quickly dropped to 2,300 USD and stalled above this level for a few hours. At the time of this article, the price was trading stably at 2,309 USD, marking a decrease of 0.75% on the day. It is...
If you haven`t entered MSFT when they bought 49% of OpenAI: nor on the comparison to AMZN and GOOGL: Then analyzing the options chain and the chart patterns of MSFT Microsoft Corporation prior to the earnings report this week, I would consider purchasing the 410usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately...
Today, XRPUSDT is poised for a subdued trading session as the Bollinger Bands tighten, signaling the anticipation of a new directional move. Currently, there's a mild recovery underway, yet it remains capped within a longer-term downtrend. I maintain my stance on this cryptocurrency, expecting a continuation of the downward trend once this period of sideways...
Hello savvy and affluent traders, what are your thoughts on XRPUSDT today? Today, XRPUSDT has experienced a slight decrease in price, with trading levels appearing largely unchanged from this time yesterday as accumulation continues. Despite this, the downtrend still dominates as a breakout has occurred, and there are no solid signs yet that the bulls might...
Hello dear traders! Overall, GBP/USD remains vulnerable near 1.2400 early Friday, at a five-month low. UK Retail Sales data was mixed and added to the pair's weakness. Risk aversion when escalating in the Middle East puts this couple at a disadvantage. Given the fundamental backdrop, traders expect just two rate cuts from the Fed instead of the expected six by...
Hello everyone, this is Maximilian! Currently, BTCUSD appears to have recovered significantly thanks to strong support from investors at the price of $61,000. In addition, the successful overcoming of the EMA 89 moving average has also contributed to promoting the growth of this currency. Through observation from the 4-hour chart, it is clear that the market is...
SOLUSDT trading strategy for today: SOLUSDT is currently continuing its consolidation after hitting a high of 155.85, with a slight decline of 0.62% on the day. Despite the price decrease, the price uptrend is still maintained stable within the 2-hour time frame. On the short-term side, the support of the bulls is still very strong, as shown by the EMA lines 34...
Hello all dear traders! Overall, as expected, the gold market quickly retreated from the $2,400 level, losing a loss of $65 in just one day. It can be seen that gold today touched the 2300 USD mark but it quickly bought back the decrease, recovering 10 USD in this period. It is currently trading at $2310. So what are the reasons and factors that cause gold...
Hello dear traders! Let's discuss and strategize our new day! Overall, XAUUSD experienced a significant pullback today with the price falling above the $2380 and $2365 support levels as mentioned earlier. It is currently trading steady at $2,358, marking a loss of 1.38% on the day, and the downtrend remains popular with investors. Personally, I still maintain my...
Hello everyone, let's explore the gold price developments for the new week! As the trading week opened, gold quickly adjusted downwards, losing nearly $23 in the first few hours of the Asian session. Currently, the price of gold stands at $2369, and it is forecasted that in the short term, the metal may continue to adjust downwards after reaching the trendline...