*IDEA CCI possible future trend break, keeping a close eye on it... possible future update...
*IDEA Possible CCI trend break, might be a little early, might adjust in the future...
Very interesting potential triple-bottom in this spread. Potential bullish divergence on price and M.F.I. indicator. Indicator seems to be making higher lows while price is making lower lows.
Broke out of uptrend with high volume. CFTC showed specs were long, so there is plenty of room to the downside. Spreads have been weak and option volatility was low before breakout. As it broke to the downside, longs scrambled to protect with an downside puts and panic left option vol to increase by over 6 points. On the downside, i am looking into the...
If this can get back to a $5 will go long front and short back
Master Card has traded to what appears to be rolling back at same trend line as it has done several times in the past. Earnings didnt produce mush of a move. MA is definitely consolidating. I like the 98/99 BCS exp 8-19 for about 13-15% limit at this time. I wont even look at this trade unless MA closes about 97---
Looking for 130 area as a target of the recent decline in coffee prices. Overall uptrend as indicated in upsloping orange trendline hasn't been broken yet Spreads are weak as well.
TSLA stock is at a crossroad and maybe hard to admit that its lost in direction and headed back down for a recharge. I do see the potential for this stock to rebound if it does drop. Longer term, aside from all negative headlines TSLA is a threat to the old standard traditional car makers, dealers, auto mechanic. Its also a threat to indirect markets such as...
As we see some support is coming in from our longer term trend channel as well as the lower Bbands. So far the last three weeks have provided with the expected sideways action once reaching 50. Selling calls has been the right strategy so far (51, 52 and 53 calls). At this support I am covering my short calls, but will hold of selling any put spreads to see how...
Pro Long: - Trend line provided massive support (dark red line) - High volume at support and during the rally - future spreads very strong (N16-U16 turned into backwardation) - If we close positive today 7 MA will cross 20 MA generating buy signal Contra Long: - running into resistance on middle Bollinger Band (20 day MA) I sold the 2900 puts last week as a...
Prefer to buy the stock or Buy call spreads unless if there is a good premium in put side. Stop 13.80 take profit 22.50$. Take care about Theta ;)
These work better than the standard Bollinger Bands for setting extreme ranges. What I use these for is to use an oscillator to find an buy / sell signal then take that to the H L Bollinger bands and mark the spot. Most of the time, you will find that the price does not exceed this spot for the duration (length) of the H L Bollinger bands. This makes them...
X Broke support and trading below all moving averages. Next target is around 26 On 12/01 Stock gaped down and then came and retest the gap before going down again and breaking support. Currently at a soft target from the gaps on End July but looks like we can continue down or come back up, test resistance and continue bearish.