This stock has been gaining steam with Ai hype and the recent announcement, a bull flag has been created as well as a large cup handle forming now. One of my favorite trades is when a chart prints a bull flag and previously formed a large cup as well. This is a continuation pattern I would normally trade calls on 45-60 days out, a strike within 30%~ of current price.
Riot is a stock we have traded several times with options contracts. options expiring in May in the 12-15$ region are potentially very lucrative. I personally went with 12$ strike May 26th on the bounce of the red line before flag break.
Intel is a strong blue chip tech stock that could play on my TSM bearishness. If TSM does get demolished Intel will rise. Intel has strong revenue, is in many mutual funds, and is forming a potential bull flag. If I enter this position, it would be with May 19th calls 38 -40$ strike price.
This is a potential put setup with a strike somewhere between 55-70$ that I am currently looking into. If the stock price drops below 85$ I will likely enter some puts on TSM. Between Senator Tuberville loading up with his military affiliations and Warren Buffet selling 86% of his TSM shares recently, I think a big move is coming.
This is a chart I am watching with high interest. I use XOM quite often as a hedge to my tech heavy portfolio. Between gold and XOM calls I can utilize these calls as hedges to the overall SPY and NASDAQ.
I am trading this with puts at 180 strike april 28th expiration. Earnings for TSLA could potentially add fuel to the fire on this. This is a hedge to my tech calls.
RNDR has been poised for a large move to the up or downside in the coming days. If BTC behaves itself and RNDR stays strong we might see a large explosive uptrend. I am currently not trading this and hold a good sized bag long term with my earliest entry around 50 cents. I plan to trade a confirmed breakout with low leverage if the trend breaks to either side.
Here is a simple bull flag formation with FTM looking to potentially break in the coming weeks. I am a long term FTM HODLer, I max stake the tokens. I use the rewards on big pumps to buy ecosystem tokens such as Equal, GRAIN, Beets etc. If this flag plays out we should see 62-69 cents.
Here is another token we are very bullish on that broke out of a multi day falling wedge to the upside.
This is a safer setup we use for long-term calls as a hedge to our tech plays. I often like to use traditional assets that perform well during bearish times as hedges but by using calls instead of puts. Since I tend to perform better finding bullish price action, I like to use GLD and sometimes a few dow jones stocks as hedges.
I mostly trade bull flags, especially if they are following a previous cup and handle breakout. Here is an example of a bull-flag we traded that played out to a massive upside, we used 30 day expiration calls on a strike of 10$ for this particular setup.
Similar to my AVAX chart, this BTC bull flag has been building for a long time. We have a potential breakout and confirm that started on March 29th. For short term traders a stop loss would be the bottom of the flag, and price targets are the three blue lines. If I were trading this short term the most bullish case would be a 36-38k BTC and take profit levels...
Avalanche has been in a 10 day range potentially filling out a bull flag formation. After the flag broke on the daily chart the trend became bearish wicking down back into the flag. This does not invalidate the flag, but if you like myself entered Avalanche early in the pole formation you could either exit on that first breakout or hang tight with a stop loss. The...