Hello fellow traders and investors, WYNN has recently been selling off and it looks like it's found a support around the 100$ area. It offers a 35% ROI if it makes a recovery to the take profit area.
Entry: Now
Take Profit: ~137$
Stop Loss: ~97.50$
Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
-Testing a support...
I give up, trading privately sucks, I want to display my artistic talent and the trade along with it.
Its better personally for me to share my ideas, I am a lot more disciplined and focused that way. All I have is 24 hours, Damn.
Other binary option position I have from last week, $ADSK short, $NFLX short. From 2 weeks, $CVS long, $CAT long. Others are played...
Price appears to be in a rectangle which is a neutral pattern until a trendline is broken with a trend in that direction. One may see this as a double top and multiple bottoms. I suppose it depends on how you look at it.
A rectangle is a horizontal trading range and is considered a consolidation pattern. This one is close to the top so it may be called a...
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
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Wynn reached first target.
We might see a pullback before target 2.
Watching to re enter.
Don’t miss out next chart and analysis.
Thank you for the support
WYNN broke its trend line today. It had been consolidating for some time and with the entertainment and travel sector as a whole breaking out, I think this move is good for a 10% return in single run.
WYNN is scanning on A6 and is a setup that has a potential short squeeze. There is a wolfe wave on the 78 min ttm with AH ON which shows a potential target of 142. Opening weeklies or DTE > 7 with delta 40 for a directional move is something that I am looking to open at the opening bell tomorrow.
Hi guys,
this week I found better opportunies buying options rather selling ( IV drop made options cheaper to buy)
So the strategy is basically the contrarian of my Tari Condor ( Have a look and subscribe for free!), and as you can see this trade is 4 weeks and 6% spread.
The sold strikes are 132 and 117, the bought strikes are almost ATM, it depends on your...
We can see the Descending Triangle and Flagging as well.
Strong support from previous resistance. Great Risk and Reward Set up. We have to check confirmaation break out for for us to go LONG and Short.
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