SOUTHERN COPPER CORPORATION - 30d expiry - We look to Sell at 77.48 (stop at 81.21) We are trading at overbought extremes. Posted a Double Top formation. Bespoke resistance is located at 78.70. Resistance could prove difficult to breakdown. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a...
Dollar General - 30d expiry - We look to Sell a break of 212.47 (stop at 220.62) Daily signals are bearish. The sequence for trading is lower lows and highs. A clear break of 215 and we would look for further losses to 200. Our outlook is bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 193.53 and...
looking daily SMA looks like bearish trend and target >221
looking daily SMA looks like bearish trend and target 163.2
Duke Energy - 30d expiry - We look to Buy at 97.51 (stop at 94.38) Bespoke support is located at 97.30. Levels below 97.00 continue to attract buyers. The daily chart technicals suggests further downside before the uptrend returns. We look for a temporary move lower. We look to buy dips. Our profit targets will be 105.33 and 107.33 Resistance: 103.00 /...
The S&P 500 is headed for its best January since 2019, when it gained nearly 8%. So far, the market index is up ~5.0% this year, following a 19% loss last year. But this rally might have paused for the time being, as the Federal Open Market Committee begins its 2-day meeting. After which, the Federal Reserve is expected to hike its interest rate by 25 basis...
On Dec 29, HLBZ Helbiz CEO bought another 1,568,249 shares of its company at $0.12. He has also bough shares when the stock was $6.75 last year, worth $3,374,000. His average I believe it`s a bit above $1. That`s why i think the CEO of HLBZ, Salvatore PalellaIa, said: "I have only two targets: Profitability and bringing back the stock at 1$ without a RS ; I...
OKTA - 30d expiry - We look to Buy a break of 74.31 (stop at 68.78) Short term bias has turned negative. A break of the recent high at 74.31 should result in a further move higher. Short term momentum is bullish. Price action looks to be forming a bullish flag/pennant. The bias is to break to the upside. Our profit targets will be 86.96 and 87.96...
Looking at the JEF Jefferies Financial Group options chain ahead of earnings , I would buy the $37.5 strike price at the money Puts with 2023-1-20 expiration date for about $1.30 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Kinder Morgan - 30d expiry - We look to Sell at 19.25 (stop at 19.71) Levels above 19 continue to attract sellers. Levels close to the 78.6% pullback level of 19.25 found sellers. 19.33 has been pivotal. The previous swing high is located at 19.36. Posted a Double Top formation. Preferred trade is to sell into rallies. This stock has seen poor sales...
Assuming the trend will continue and if the sp 500 is pushed lower by NFP we could see a bigger move to the downside Setup: Holp reversal Trade rating: 3 Reward: risk: 2:1
The Trade Desk - 30d expiry - We look to Buy at 40.51 (stop at 37.39) Levels below 42.00 continue to attract buyers. 40.00 continues to hold back the bears. Daily signals for sentiment are at oversold extremes. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Dip buying offers good risk/reward. Preferred...
Consol Energy - 30d expiry - We look to Buy at 58.22 (stop at 54.91) Levels below 58 continue to attract buyers. The primary trend remains bullish. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 57.52. We look for a temporary move lower. Short term momentum is bearish. Early pessimism is...
Pfizer - 30d expiry - We look to Buy a break of 48.31 (stop at 46.56) Short term bias has turned positive. Posted a bullish Flag formation. A break of 48.26 is needed to confirm the outlook. A break of the recent high at 48.26 should result in a further move higher. Short term momentum is bullish. This stock has seen good sales growth. The bias is to break...
Looking at the LVS Las Vegas Sands options chain, i would buy the $40 strike price Calls with 2022-11-18 expiration date for about $1.14 premium. Looking forward to read your opinion about it.
Ford - 30d expiry - We look to Buy at 11.63 (stop at 11.09) Short term momentum is bearish. The trend of higher lows is located at 11.60. We expect prices to stall close to our bespoke level (11.60). Trading has been mixed and volatile. The previous swing low is located at 11.13. We look for a temporary move lower. Our profit targets will be 12.97 and...
Novavax - 30d expiry - We look to Sell a break of 15.49 (stop at 17.01) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Prices are extending lower from the bearish flag/pennant formation. Posted a bearish Flag formation. A break of 15.50 is needed to confirm the outlook. The bias is to break to the...
AT&T - 30d expiry - We look to Sell at 20.68 (stop at 21.62) The previous swing high is located at 20.90. There is no clear indication that the upward move is coming to an end. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Resistance is located at 20.90 and should cap gains to this area. Expect trading to...