Costco just will not stop man!!!!! Just imagine entering above 393 4 months ago. It's up almost 100 points. #COST got on my radar when it was trading around the 360 area. I made money on it here and there but honestly, I remember awhile back I wanted to enter above 420 for 440 calls long term and neveeeerrr did!! Needless to say I missed out on a ton of profit...
I usually perform what I like to call, "Correlation Checks". I do this on a Daily with SPY & VIX to understand when is a good time to either look for trades or sit on my hands. Whether to Play Calls or Puts, or whether or not I will decide to swing a trade overnight. Usually VIX likes to bounce in between 15-21, so if you understand this, you can have a higher...
AMD has been on a tear lately, but we are now extended and expanded pretty good now. Weekly resistance sits around 122, so I wouldn't be surprised if AMD has a price correction here soon. I have a side by side comparison with the weekly and Daily chart. With the weekly showing a nice 3 week run after the bounce. I have support around 112. If price pulls back...
Wassup guys, I'M now starting to build out my TV profile along with my social media presence with my technical analysis breakdowns using PURE PRICE ACTION W/NAKED CHARTS. You will notice within my chart I only use a FEW indicators, which are: Volume, 21MA(intraday, D, W, M timeframes only), 200MA(Hourly, D, W, M timeframes only), VWAP(intraday, Hourly timeframes...