This should be helpful for anyone looking to understand further what I define as an activation of an algorithm.
This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand...
A pickup by our stronger buying continuation yellow would be very bullish. We do not want to see ourselves being guided by this very tapered green buying continuation.
Stay Tuned!
Happy Trading :)
- TraderDaddyOG
Analyzing the options chain and the chart patterns of KSS Kohl's Corporation prior to the earnings report this week,
I would consider purchasing the 27.50usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $3.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bulls are taking control on the price. I think we will see a massive break out in a few weeks. My SL is under the lowest of the current weekly candle an it triggers only if a red weekly candle breaks down the trendline. BTW the CSP on this instruments pay well. I just sold a lot of them exp 03/22 strike 26.5. You can just buy the stock too.
Update here to my previous KSS video titled "KSS - Primed for a breakout!" Go and watch that if you haven't to understand why i've been preparing for this.
This is all happening prior to earnings release in a few weeks and with a ton of buying volume coming in, I am very happy to see it!
My projection is a retest of our daily tapered purple channel (which has...
As always, excuse the mess of the charts. Each line means a lot to my trading on different time frames and I do my best to consolidate which ones show on what timeframes so that it's easier for you to see clearly what's important.
That being said, I believe KSS (Kohl's) is primed for a breakout technically and fundamentally when they announce earnings in a few...
Kohl's Corporation (NYSE:KSS) , a well-known American department store chain, draws investors' attention not only with its adaptation to current market conditions but also with a significant volume of short sales (short interest), which could serve as a catalyst for a sharp increase in stock price in the short term.
Kohl's is actively working on improving its...
Trade 12-01-2023
Kohl’s call volume above normal and directionally bullish. There was an opportunity to entry earlier but it’s ok because this is a SWING trade.
BUY $24.24 SELL 26.99 ASK 2.75
KSS
Buy $24.18
Sell $26.99
Swing trade
Bullish
Usually we look for day trades this one might take a little longer to get to TP.
Based on the price action, it’s favorable.
There are times I get a download immediately of a stock if I even begin to think, "maybe I should ask intuition for a ticker," and one pops in. This morning, KSS came in immediately. I asked for a number and got 18. I'm starting to believe in these ideas more and more because they actually have kicked ass.
(See the WOLF idea for a prior example. I've had many...
This stock has something up with it. Super strong despite weakness in indexes. It came originally as an intuition stock a number of weeks ago and hit my level & bounced well.
I think my attention was draw to it because it's having a crazy move up, which the daily is demonstrating now.
However, it might get crazier because I have information from my dowsing saying...
Buy Nov-10-23 $22 Strike Puts @ 0.64 Limit to Open
Bounced hard off the $18 zone as retracement. Right now at important resistance with the possibility of dropping from here on out under a bear trend.
KSS
Shedding weight
Companies continue to shed away all those fake Covid bucks that were pumped into the system. If a company hasn’t done so yet, then they probably will start soon.
KSS bottomed out April ’20 and the fake covid bucks sent it into an Accumulation stage.
Nov.’20 price breaks out and enters uptrend that tops out May ’21. Golden cross provide some...
Pairs trading is a market-neutral trading strategy that aims to capitalize on the relationship between two highly correlated stocks. When using this strategy, we would typically go long on the stock we expect to perform better and short the one we expect to perform worse, with the aim that the spread between the two will converge or diverge based on historical...
Close over $25 puts this above resistance with potential for a good run as high as $35. Relative strength present but volume a bit lacking. Long as we stay over $25 I'm interested swinging this but really would like to see volume pump in.
