Hit strong resistance at $20, looks like support is found on the 20SMA 15m, around $17.
Earnings, lots of 20c 5/21 volume. Let's see if the retards win this one or end up as baholders. Tale as old as time.
IV is stupid, I would sell naked calls or spreads, but my margin is limited rn.
If anyone followed my 4/21 call, congrats on a more than expected run up....
Recently CLF has been bound by a triangle with support of around $17.30. It's recently broken out and fell towards a decent trendline. If CLF bounced off my upper resistance trend line and the bottom of the support trendline, we'll have a very good bullish flag which is a continuation of CLF going upppp.
Earnings is the perfect catalyst to cause a pre earnings...
Highly speculative play. QS share lock up. I'm not gonna go into the DD, but basically EV SPAC scam. Read the short report by Scorpion Capital. Also no prototype, no product, no revenue lol. It's all research and theoretical rn.
Smaller time frames seem to be picking up momentum. I would buy puts on a green day like today's 4/21 8%. It can prolly run up to $35,...
There might be a possible continuation of this upwards trend on VUZI. Broke out of the bear flag and found support at $20. It could hit $25.
4HR 200SMA is also support, but we will soon test 20 & 50 SMA for resistances. Also a potential MACD cross over on the 4hr. Lower time frames have already broken out.
If the short term momentum carries on, we'll see a...
Strong rebound off $10, stonewall support. Looks like a lot of buy orders hit, not sure about any news catalysts. Lots of resistance however on the larger time frames.
MVIS gapped down on the wedge break out, pretty bearish IMO. Old resistances become new support, and old support becomes the new resistance.
3 & 4Hr has the 50SMA as resistance, if it can break...
All the higher time frames remain pretty bearish. However, a falling descending wedge can point towards a good reversal. Earnings on 5/11 might be a good catalyst.
I should hedge my bearish positions with some puts incase FUBO falls towards $15.
I might just take the L depending on how things go.
If it bounces to $22, I'll breakeven, as the 20SMA on the daily...
200SMA test on the daily.
20/50SMA acts as resistance on the 4hr and lower time frames.
$22 support now might act as resistance.
bearish descending wedge.
I probably should hedge my long positions with a good put on this green day. I'll see how the supports and resistance goes.
Earnings are 5/10, looking at the 5/21 options chain.
Big green hulk dildo closing above the 200SMA on the daily. However, 20SMA still acts as strong resistance. Strong support around $34 range. RSI shows higher lows, TTM got a few dots going off, squeeze imminent? Gosh I hate that word now.
Earnings are 4/28, I'm in for a 40c 4/30. Will be selling before earnings 100%
If earnings are good with a nice sell off,...
On the daily, 200SMA acted as very good support that got tested on the last dip. It looks like it can be tested again around $110 or so, but it would be a higher low which is bullish imo. RSI is showing higher lows as well. MACD looking like it can have a slight dip.
20 & 50 SMA act as resistance on any of the other hourly time frames. Double top at $130.
ICLN had a major rebalancing, for the better or worse. I'm very happy with the removal of PLUG.
On the daily time frame, 200 SMA is acting as strong support. 4Hr shows the 50 SMA is resistance. The hype has died down very well. Looking at 2023 leaps and beyond.
F for all those who bought at the top with high IV. Your sacrifices will be in vain.
Red candle closed below the massive wedge on the 1 HR. I was really hoping for May and June 40c, but alas they don't seem too smart right now. Please find support around the low $30s.
Bad momentum for clean energy and EV stocks lately except TSLA.
Typical recovery play, October/November seems to have been the best time to go long anything. On the shorter term, XLF is bouncing off a bullish trendline, with over all a very decent bullish channel on the longer time frame.
However, this looks awfully similar to my ARKF play, where it had a similar set up, but cratered into the Earth's core. Jpow and friends...
Use a combination of Bollinger Bands, EMA 21, MACD, and TTM, and you'll be able to decent play this current bullish channel.
High IV, relative penny stocks, great for small accounts, have fun but don't be too greedy.
Before the moon trip, RKT was range bound very well, easily predictable, and had decent premiums for very consistent oscillations. Now it seems back to that range, but slightly higher, with premiums even juicer.
Wheeling RKT has an asymmetrical risk where assignment gives you a company that had stellar earnings, a dividend, and a juicy meme factor. Selling CSPs...