Apple is trading at overbought territory but it does not look like it’ll fall much. It has the most bullish chart of them all. It’ll take alot to make this fall. You’ll see it trade in a small range to consolidate. Puts could work at these prices but remember to switch back to long near $167.50-170. $AAPL Like and follow for more
Roblox failed to breakout of $130 multiple times and dropped back under $120. It tried twice to recover above $120 and failed. It’s showing weakness and holding near the 50 day line. If $110 doesn’t hold then it will fall, which I believe it will very soon. Short any rips. Go long near 92. $RBLX If you like this then follow and give me a like, thanks!
$T - December 5th, 2021. If T gets over the 24-24.26 area, it's good for short-term calls. The concern, however, is resistance at 25 and 25.58. If it goes above and fails from the 24-24.26 area, it's a good short till the 22.22-22.55 area. Then further continuation is expected below that. Overall, short bias on this one. Let me know your thoughts!
So as we have seen this week with the delisthing of DIDI i would encourage any trader looking to jump into Chinese stocks to proceed with caution or tread water very carefully as this seems to be exactly what Winnie the XI wants at this point the best plays we can do to make money on CCP plays is PUTS or at least for me that is how i will be proceeding i know it's...
I'm expecting the high beta stocks to experience greater risk exposure with an index drop down to 15,100 to 15,000. With that being said, I feel comfortable and confident that AAPL will reach the potential target areas before the end of the year. Target areas are 156.60 to 141.00.
Description DUK has been working this patter that looks a lot like a head and shoulders, missing some volume indications. If so, the neckline has been broken here at 97. As always, most patterns are not confirmed until they are already over. The break through 97 is the signal for the entry, and also the stop loss for the position. Using long puts to leave the...
$PTON +47 (Over $47 for calls) Price targets: $48, $50 Technical analysis: Bounce off pivot point on the daily chart Rationale: With increased news of a new virus variant, stay-at-home stocks could continue momentum upwards
QQQ -387 (Below 387 for puts) Price targets: $383, $375 Technical Analysis: QQQs has been in a linear regression channel for the past year so under 387 will begin retesting the bottom of the channel Rationale: With increased news of a new covid variant, if QQQs continue to sell off, the plan is to buy and hold a $380 put for a month's expiration 12/24
We are seeing a new variant concerning many scientists emerging in South Africa. My opinion is leaning towards that this could be something much bigger than what the market may initially shrug off. I expect a very red day tomorrow as the implications for this are massive with the supply chain crisis and the labor shortage. Be safe!
Fastly has a bad track record on post-earnings reaction. Although chart looks fairly bullish, worth a small lotto play for downside.
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.
AMEX:SPY , CME_MINI:ES1! I was surprised to see in the indicators lining up in this way. If you look at the previous times I've marked on the chart, we saw some pain following a 0 cross of the top indicator in addition to the action in the lower indicator. I think people may feel caught off guard leading to some volatility but if this is the case, I would be...
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
The behemoth that is NASDAQ:AAPL is going to report earnings October 28th. Typically, most stocks experience a "pre-earnings run-up" with most of the gains in the options contracts being made before the earnings announcement. That is particularly true with tech companies. With that in mind, the resistance level is going to come in around 153. That will be the...
I expect about a 100 to 150 dollar move either up or down upon earnings. Upside price target of about 3550 and downside price target of about 3150. Straddles could be a great way to play earnings for this week or if you are more bullish or bearings then puts or calls for November.
Gap to fill also at 40 dollar range, im thinking its possible it could fill that gap, when it breaks down out of the rising wedge
AMEX:SPY All of our indicators are showing longer term bearishness and not by just a little bit... I'm thinking more pain to come. Hold on to your seats.
VZ is into a level of tested demand Sold 42 DTE, Nov 19, 11.59% AROI, 4.24% from underlying price Yield at strike is a decent 4.78% which is way over the US10Y hurdle rate by 3x It's pushing below the Feb 2021 spike low, but it seems to be very passive selling to me the past 6 months. Lots of back filling and retracing to push lower. Like a robot is just...