Not trading advice. DIS
United Healthcare is trading between the upper Bollinger bands and upper Keltner channel bands and it couldn't be at a better time. The topic of the affordable care act is now making headlines as Republican-led states and the Trump administration voice their case to the Supreme Courts today, claiming that the Affordable Care Act Mandate is unconstitutional. While...
Hey Traders, I usually don't like going against the grain... especially when the SPY has gained nearly 30 points this week alone. But my trader's intuition is telling me that it's moving too fast and I am starting to get bearish vibes. Taking a look the chart above, you can see that as of today, the SPY has moved across the Keltner Channelin a matter of 4 trading...
Hello, Here I've analyzed the PCCE (Put/Call Ratio Equities) in the monthly time frame. Something extremely concerning is taking place for the coming months. We are close to hitting .45 on the put/call ratio which is in extremely overbought territory. What this means is when we are in this level, all of the buying power in the market is already in the market. We...
Not trading advice, just my trading journal. IWM
AMD one of the best performers of the year hit a 2.272 fib extension on the monthly previous swing in '06-'08 Bearish divergence formed at that extension perfectly on multiple time frames Weekly, Daily and 4 hr. Could have a head and shoulders top/into a descending triangle possibly with a measured move of around $ 59-53 Fuck ur calls bruh not financial...
SWING TRADE AMEX:SPY Head And Shoulders Pattern on the Daily Chart. Enter if significant break of the neckline + news. Looking for puts around 325-330 strike price. Depends of when the neckline is broken. Target 1 : 320 Resistance Target 2 : 313 Supply Zone - Half Off Target 3 : 300 Resistance - Half Off Target 4 : 290 Resistance - Close position
Much like most stocks, Chevron NYSE:CVX didn't have a good month of September this year, but it looks like things might be turning around. Looking at the daily chart above, CVX, as been trying to break past the 8 EMA average throughout the last month but found little success until yesterday. Today the price broke through the 13 day EMA. As the stock heads...
Looks like we are completing another rising wedge and futures have now touched the bottom support of their previous rising wedge which would indicate we are going to see another sizable drop. Futures have again created another smaller rising wedge. By retesting the previous support and now holding as resistance, this confirms the previous rising wedge hypothesis.
If there's one stock I had to name for being the most unpredictable, it's TESLA ( NASDAQ:TSLA ). This rather volatile stock is expected to have some pretty big moves going into market close today as the company will be holding their annual shareholder meeting at 4:30 p.m. ET. ...But wait...there's more! Once the meeting is over, the company will immediately...
In this video I've shown 3 independent forms of technical analysis that make a strong case that the top is already in for these 3 stocks ! In general, I'm bearish the overall market so wouldn't be surprised to see these correct significantly. Let me know what you guys think ! Always open to comments and critiques.
ALRM seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks. 20-ALRM-01 Opening Date: August 20, 2020 Expiration Date: September 18, 2020 DTE: 29 IV: 44% IV Percentile: 37% Odds of...
Good evening all, Our levels have stayed steady. I believe that the price will not move much the upcoming month. If you would like to add revenue to your positions sell covered calls and puts. You can collect a nice premium while we wait for movement later on.
Our cycles analysis indicates the following forecast for price action this upcoming week! Will be utilizing 10$ strike Put and 13$ strike Call options for 8/21 and 8/28, respectively!! Ultimately headed to 22-25$ per share by end of September 2020 in our view!! Let us know your views in the comments below!!
According to the news, Apple ( NASDAQ:AAPL ) shares sold off today as well as other tech stocks and supposedly dragged the S&P 500 down with them. As crazy as that sounds, I have come to accept that the markets are, as always, unpredictable. Banks stocks on the other hand were in the Green. Let's follow AAPL and see if the SPY continues to follow AAPL further...
Here's the trade setup 1. PG is in a supply zone denoted in the red colour 2. Earnings is in a couple days which makes for an easy catalyst to turn this around from all time highs 3. There's a triangle pattern formed over past 4 months (see attached link) and these tend to have aggressive breaks 4. I am bearish the general market so that should further support...