NTES breaking down from a macro frame upward channel. It also looks like a Inverse Bump & run formation. Moneyflow was diverging all the way to the upside & now broken to the down side. We think it will decline further & our first target area is $200 On the option side we would consider $230 March Puts You can check our detailed analysis on NTES in the...
Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- break below $162.73 Exit Target Criteria- $133.13 Stop Loss Criteria- $170.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider $170 April puts Next Earnings Release Date- December 8, 2016
Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel, Entry Target Criteria- break below $159.00 (hit November 15, 2016) Exit Target Criteria- $90.00 Stop Loss Criteria- $177.63 Indicator Notes- big drop in Twiggs Money Flow Special Note- we would consider March $170 Puts @ $11.50 or March $165 Puts @ $18.30
Market should be ripe for a long pull trade come July IMO. Set those stop and let 'er rip.
We had a very good option trade with SPG & now it seems getting ready for another fall. It is breaking down from longer term upward channel & the target could be as low as 153 To trade this we would consider $180 April puts currently $11.85 You can check our detailed analysis on SPG in the trading room/ Executive summary link here- www.youtube.com Time Span:...
AKS Published good earnings 2 days ago The stock made an intermediate high at $5.75 on this occasion Today the company is announcing a stock issuance at $4.90 The stock price is down some 8% in adjustment to this news Opportunity to SELL NOV 18 '16 $4.50 PUTS at c. $0.14/share If exercised, the reward/risk will be a very compelling 2.8x Adjusted for the risk...
Added more to my short position for this triple top in $MPC. Long put options. Way overbought. Self explanatory. Have fun.
DAYTRADING THE SPY BOUGHT SPY 217 CALL AT $1.00 SOLD AT $1.50 FOR A 50% PROFIT RISK DISCLAIMER Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital. topandbottomtradesignals.net
Coffee nearing the orange support line around 122 (2nd month continuation, about 119-120 front month ). Interesting fact about this correction lower from 134 to 122 is that this is the first time in a couple years that we actually have an up-sloping support line (orange line). If the orange support holds this could mark a longer term trend reversal. On the...
Head and Shoulders heights gives a target of 198 SPY MAY 27 203 PUT @$1.25 RISK DISCLAIMER Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital. topandbottomtradesignals.net
If you went bullish on calls per my previous post, you are enjoying a nice pop today. My time horizon is longer so I am holding until $38.75 (the next fib level). The MA just crossed and I want that to marinate for a few sessions. You should be just playing with house money now if you bought the day or day after I posted. This is technicals-only trade devoid of...
Looks like SPY wants to go to 208 based on measuring height of double bottom coil and trend line at 208 If SPY breaks out above 203 to the upside 205 then 208 could be targets RISK DISCLAIMER Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk...
I entered a 150/145 Put Credit Spread on STZ last week. Trade was sitting pretty as price shot up to 156. Then, of course, the biggest correction to STZ in 4 years. I do like that the 200 ema and the 618 fib retracement held firmly. 9 days left to claw its way back.
Greedy bulls who are late to the long FB trade and stubborn bears who powered up this short cover momentum is the perfect opportunity for the smart money masters to harvest both sides. This thing is going down from here - this idea is here just as a record for myself. I am buying puts.
The chart above shows assorted real estate stocks, they aren't cherry picked and were random (except RAIT Financial), but you can see the trend. Get the hell out of real estate. Seriously if you have any real estate or RAIT stocks it is a great time to sell. This housing market has gone nuts from the years of 0%. Rental vacancy rates are at a 30 year low and...
Apple has lost mojo, would look to buy puts at the bounce back up and target last major low series seen on red line. Lets face it Steve left a void and Apple can't get the same mojo over the watch, not a big believer in long term if they don't get the magic back. I like the company but right now not doing as well...if they bounce and start beating earnings again...
The downward channel broke severely to the downside this week after KORS plummeted an additional 25% post-earnings. I think the multi-year lows of ~35/36 will be tested if not breached. Even if the stock is slightly oversold in the very near term, the trend on the technicals is pretty clear. Fundos- After a dismal earnings release and a 25% drop in the price...
I am by no means an expert programmer or technician, but what I have been noticing with FCX is a relatively consistent pattern where option premium sellers have a great opportunity for enhanced success. Rules: - On a 4 hour chart with Keltner channels, Bollinger Bands in the upper indicator and CM_WVF_v3_Ult in the lower indicator 1) When CM_WVF is in GREEN,...