Ariesdrifter77

Ariesdrifter77 Updated 

Never fails to hold the 200 EMA.

Ariesdrifter77

Upward continuation (as expected).

Ariesdrifter77

4hr RSI level highest since January22. Overbought territory and needs to cool off. Slightly red Monday. Will continue to pump after in fed we trust.

Ariesdrifter77

Hourly chart showing a head and shoulders.

Ariesdrifter77

Currently looking for a healthy pull back before a big rally. Adding some OTM June calls and scaling from breakeven puts (weekly).

Ariesdrifter77

SOMETIMES THE LINE CHART MAKES IT COME TOGETHER. I'll take a real higher low please. THEN some 300 calls. It'll get there.

Ariesdrifter77

Nothing to see here. Just keep buying stocks and ignore the news if possible.

Ariesdrifter77

title says it

Ariesdrifter77

-Historically, Bounces off Kumo Cloud and rejects .38 (of the march low/high fib) -May 15 option expiries may tighten up the range of the day.

Ariesdrifter77

I found this one yesterday and thought it was about to tank but it proved to have some fight. If this continues to show massive buying like today I could see it retracing to the golden pocket. if the markets bullish and this starts to move up (8EMA as a guide) there's lots of room for an entry and exit within these ranges for a nice trade.

Ariesdrifter77

I'm looking at a simple move to the upside for XLF. Cup and handle looking clear on the hr. Will scale out 80% as it reaches the cloud. using 8ma for guidance.

Ariesdrifter77

I think BABA, being one of the big techs yet to have a good run, will follow it's rising wedge but reject it's upper trend with a "sell off earnings". Then a bounce off the kumo cloud before it breaks to a higher high.