ArturoL

ArturoL Updated 

Looks like energy stocks that are coming back. Just in time when technology stocks are about to correct. I just opened positions on SLB and XOM, but there are others like CVX, EOG or XLE index that works the same way. These stocks are correlated with oil price that also appears to start turning around.

ArturoL Updated 

Looks like the market is giving a break to this stock. I think is going to try the 95 resistance level. Looks oversold and bouncing up from a long term trendline. Also call options is an interesting choice but give it time like a month.

ArturoL Updated 

Double bottom and broken neck. I like this stock because is very volatile, cheap and technical. You don't need too much money here to make money. Yo can almost double your position in a few weeks. Price may pull back to test the broke resistance now support but will happen fast if it happens. Use limit orders for TP and wait for a daily candle to close for SL due...

ArturoL Updated 

Price is landing on an important support area. This a gold and copper mining company, the stock pays 4.5% dividend yield. I see gold going up in medium term, next year I believe gold will be trading around 2200 and will pull up this stock. I own this stock for the dividends and I believe is going to hit the 45 next year. I'm collecting the dividends while I'm...

ArturoL Updated 

Dollar index is landing on a strong support area, I don't think is going to break through that fast. We will see a bounce off that support area very soon along with a market correction. It might be only a dead cat bounce, will see.

ArturoL Updated 

Just be careful bears. This could be a massive inverted HS. Price is very close to the 1900 support, I wouldn't be short here. It could drop a little more but gold is gold and doesn't give any warning, it could shoot up at any moment. I think we will some price action within a couple of weeks. Keep GLD in your watchlist.

ArturoL Updated 

The double top is confirmed, now the pair is testing the broken neck. There is too much resistance above, It´s most likely to drop down to the next support level 1.997.

ArturoL Updated 

Triple top is forming out, the pair it's been rejected from the 1.339 resistance. It totally makes sense. Oil just hit bottom (I think) and the CAD is correlated with it. So oil will go up and CAD will follow. On the other side the USD is getting weaker due the FED policies. The only problem is that key support. I have a feeling that is not going to hold much...

ArturoL Updated 

Rounding top or HS? Not confirmed yet, but doesn't look pretty for the DOW. If it breaks down that trendline we will see a mayor correction. Maybe I'll buy some puts but first I want to see more bearish action. Right now is consolidating and we will see a lot of volatility these days.

ArturoL

The pair bounced off nicely from the support area, and now is heading to test the 1.5 resistance again. I don't think is going to break it this time but looks like is going to try. Also has formed a rounding bottom in the daily timeframe.

ArturoL

Price is testing the broken support area now resistance. Aussie is getting stronger across the board, I expect another test to the 1.86 support zone. We can also notice a HS confirmed so the pair could fall even more to 1.82 zone.

ArturoL Updated 

I bought a bunch of puts on this one. Market still on correction. Double top confirmed, testing the broken support and failing.

ArturoL Updated 

The pair is heading to high resistance zone. It needs more consolidation to break it through. I think is goin to try a few times but it will end up pulling back to the blue line. I'll wait for some price action before open a short position. I'm keeping my eye on this one. Check out my related post about the dollar index lines below.

ArturoL Updated 

Just bought puts exp. 12/29 strike 17.5. I'm so bullish on the market that I want to hedge a little bit. Price is forming a bearish flag after a HS. Looks very bearish in short term. I'm giving it a shot, I think is to break down soon.

ArturoL Updated 

I'm shorting this, apparently is a bearish flag forming. You can buy puts too, give them some time like 2 weeks at least.

ArturoL Updated 

I like how the support held during the sell off last week. Start with a small position, it may take a few days to consolidate before going higher. Also it can pull back during consolidation. SL below the right shoulder, wait for the weekly candle to close. Calls options are not expensive and always a good option with high volatility stocks like this one. But give...

ArturoL

I took some profits of my long positions. Looks like SP is getting weaker. I'm still holding many long positions and saving cash to reenter at better prices. I also have puts on PLTR and Roku. I just bought a few puts of SPY expiring tomorrow just for speculation, not risking too much with puts.

ArturoL Updated 

It looks like the price made a HS at the resistance. Tomorrow I will buy puts at the open, if it tests the trend line I will buy more. Expiration on 12/29, strike 194.