Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
looking at CZR the new price target of $119 through 2023
It would be ideal to see a decline to 60, where the top (1) and the fibs match up perfectly. However, we see a reaction from 70. RSI Divers Then we can expect growth to 90-95 after the test 80 (breakthrough ema20). After that, it would be logical to expect accumulation, i.e. decline into wave C with targets of 60 and 45. Such "accumulation" is real, if you look at...
Possible stop below lowest bottom or where you see support. No recommendation. This was trading in an ABC pattern but went past C. The latest bottom is a bit higher than the other 2 bottoms. Even though price is up quite a bit today, the alligator which is composed of short term moving averages shows it is still in a downtrend.
CZR is cheap at the current price. The market sucks again but I'm going to take this easy trade, it's a no brainer. CZR retraced to the .618 on the fib and proved it was a valid support level by closing right at it with a lower wick on Friday's candle. Buyers stepped in and I expect more of the same tomorrow. All other technicals look awful on the daily but that...
MID-TERM: Descending broadening wedge, bullish engulfing candle, break above 200 ma, bounce off support, with classic bullish divergence. (not financial advice)
If the market isn't a dumpster fire this week CZR should be able to push back to $89-$90. Looking at 9/03 $87 calls if the SPY is green.
CZR bounced off a year long up trendline + horizontal support with a long tail doji yesterday. Slight sell off today, thus presenting us a good time to buy in. Target profit 1: Next immediate resistance at around $100 giving us about 2.8 R/R ratio. Target profit 2: Next resistance at around $105 giving us about 4 R/R ratio. If you trade options, 3 months out...
Break 94.23. Target 1 85.13, Target 2 Momentum, Stop signal 100.17.
Currently, we are entering a bearish market with multiple high market cap tickers dropping below key price points. CZR is still battling with the POC (Point of Control) on the volume profile 4hr chart. On the daily, we have an inverted hammer candle sitting on two support levels - the POC and support from previous reversals in its uptrend. Name of the game...
Seriously. A friend and I were discussing how this stock is stupidly overpriced. Their debt to equity ratio is over 5, meaning they are LOADED with debt, and the fed just acknowledged that interest rates will rise if they need to. Ummm...why would I drive to a casino when I can just buy calls/puts on robinhood or trade crypto on coinbase?... I save money on gas,...
Ascending Triangle formed after a bull run. Tight Stop Loss - risky price action. - Target Entry: $105.20 - Target Stop Loss: $103.44 - Target Exit: $123.55 - Risk / Reward Ratio: 10.43 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as...
A completed 5 wave move featuring an extended 5th wave can be counted here. Price rejected at the top strongly and traded back down into the extended 5th wave channel and has pulled back to the .618 Honestly I haven't seen many setups as High reward and low risk as this. I'm buying puts.