You don't need to be a candlestick expert to know how to trade them. It doesn't matter if you know the difference between a doji and a spinning or a star and abandoned baby.
They all have one thing in common, the next candle needs to open clear above/below the prior. Over precision is not a traders friend.
ROKU +50% in ~45 days from this exact price twice...
🔌 PLUG 6/22-7/9 Trade Plan 🔌
📈 Long Above SL 30.60's
🎯 TGT near 31.50's, 32.70's, 34.30's,
❌ SL 30.60's
📉 Short Rejecting 29.70's
🎯 TGT near 28.70's, 27.60's, 26.70's
✅ Trend Line Confluence from May 2021 Lows.
✅ Earnings Report coming up on tomorrow morning, June 22nd.
Wait for a Confirmation before Entering.
You know, on YouTube, all these traders, they’re always showing you how much money they make with trading, but very few of them are actually talking about the bad trades.
Well, you know what? I thought today I’m going to address this head-on because many of you had questions about a bad trade that I’m in. That trade being RIDE , Lordstown Motors.
I want to...
And $CLOV Calls 30 Feb 18th Retuns +1,898%
Clover Health Investments, Corp. operates as a Medicare Advantage insurer in the United States. The company through its software platform provides preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers. Clover Health Investments, Corp. was founded in 2014 and is...
Could the broker of the apes get some more action again soon.. hard to see this one settling down forever.. with 30 day HV at 141% and OCT vols at low 60s seems reasonable to buy premium if you believe a bounce is coming.. right sided skew also provides opportunities for call spreads too..
Now that Fed chiefs are selling their stocks near all time highs they can now start tapering quantitative easing and we could see bond market volatility pick up from current depressed levels.. 20 Year Treasury Bond ETF $TLT has a 52wk IVR of 3.47% and another way to insulate your long term portfolio from more volatility is to buy a straddle on bond volatility.....
September is a seasonally volatile month in the stock market and we know when the storm comes it’s usually what was hot that gets thrown around the most.. and not many ETFs have been hotter over the past few years than the ARK Innovation ETF $ARKK run by the famous Cathie Wood.. since ARKK 52WK IVR is well below the market at only 6.51%.. one way to play for more...
Since Feb 2021, SPY needs on average 26 days to complete its bull/bear cycle. As SPY price goes higher, the gains slow down slightly, which is accounted for with the trend angles dropping 4 degrees per month from its Higher Low to Higher High. If you did not take a call position yet, you may want to pick up some Spy Calls tomorrow.