The pair is testing the broken support now resistance. I expect a rejection soon, it also has another resistance above: the bottom of the channel. It may try to test it. My SL triggers if the pair break up the horizontal resistance and a daily candles closes above it.
NZD looks very solid and the USD is loosing strength across the board. I think we will see the kiwi coming back, other pairs are getting weaker against the NZD as well like the British pound which I'm shorting. We can also see a potential double bottom fotming. I just opened a long position and expecting for a breakout soon.
Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
SP500 is reaching a strong resistance zone. I think we will see a correction soon. I just reduced my long positions and bought put options on AAPL, COIN and KO for December 8th. I don't take too many risks with options. My big wins are with long positions, one profit on one long trade can erase the loss of 5 or 6 bad options trades. I've already made good profits...
I've been holding this for more than a year and collecting dividends. With a yield 12.56% and Payout Ratio 47.12% is a good long term holding for your portfolio. Now is forming a falling wedge, looks like is going to break out. Even if the breakout fails eventually it will try again. In the mean time it pays good dividends every month.
Price is forming a bullish flag to tempt a breakout of the 37.7 resistance. I already have a long term position and just added. Even if the price drops, just hold it, it pays good dividends. I think that in long term it will break the 40 level and reach 45.
I just sold CSP as shown. I think we are going to have a correction soon. Looks oversold.
Double top and bearish flag forming. I think eventually is going to break through the neck line. I'm giving the puts some time bc we might have a fight between bulls and bears at the support. Today the market opened very high, so I'm buying my puts very cheap.
I had puts on this one and sold them at the 117 support. We are having a nice bounce up from that same support so I'm buying puts again as shown. The triple top is a strong bearish pattern and at every rally to upside is an opportunity to short it.
I just bought puts as shown. This is a strong pivot point. I think is going to pull back at least to the next support at 75.35 within a week.
Price is facing tons of resistance. I think is going back to the support blue line. I just bought some puts as shown. Also we have a double top that is pushing the price down.
Price is retesting the broken support. We have here several bearish patterns (see my previous post lines below) and the stock need much more for a come back. It might try to break the resistance but I don't think is going to make it. If my puts expire out of the money I'll buy more and try again.
Prices is testing the broken support now resistance, and we have a double top pushing the price down. also the major indexes are hitting important resistance levels, we might see a correction next week. I also bought put of DIA for the next week.
No price action yet but price is landing on a historic trendline from 2009 and also strong pivot point. Seems like the 80 level is key and bulls will defend it. Open a small position and add when you see price action in the daily. I don't think is going to break down that easy. Will be fight.
These stocks are clearly in a downtrend and testing the downtrend line resistance. I have puts of TGT that I bought on Friday. If you want to trade one of these I recommend to open a limit order at a better price than it closed on Friday for the puts and pick a strike price close to the current price. You can also buy puts with different strike prices to balance...
Price is testing the broken support now resistance of the bearish flag. I have puts as described. I think the next week is goin to be red. We could have a fake out of the resistance, opportunity to buy more puts.