Dllew2019

Dllew2019

If GDX wants to go higher, it must react now. Worth the risk to long term OTMs. Stop loss is prior low 30.69, should not test that.

Dllew2019

Not a bad entry today.

Dllew2019

I think the latter but no plan to play.

Dllew2019

Look for a hammer on weekly to establish a long entry.

Dllew2019

Very risky play. Really don't like this tiny triangle at long term resistance. Will grab some short term puts on XLE or XOP etc. It must immediately turn down in order to be effective.

Dllew2019

Like this negating a bearish pattern. Will add in the next few days, if the market give me the chances. Otherwise wait until channel breakout.

Dllew2019

Good long candidate as long as it holds up the gap with low volume. If it stays so for tomorrow and Wednesday, ideal for Friday lotto.

Dllew2019

And stop at 39.

Dllew2019

Good odds for long. If breakdown, large movement to downside. But long for now.

Dllew2019

Worth the risk. 154.6 stop.

Dllew2019

The thoughts were triggered by a twitter sharing from someone else. This is for LONG. Look at daily, could be a local bottom looks like a 50/50. Weekly definitely says very likely there is new low ahead to form a reversal on a weekly basis. Also kissing weekly cloudy is likely. Given how steep the cloud back it is, it is possible to see a deep drop and...

Dllew2019

Can risk small.

Dllew2019

Can continue higher until UAL take out June high of 49. Stay long.

Dllew2019

Above 50.5 can squeeze higher in short term. Otherwise wait for 35 and 30.

Dllew2019

Not really interested in playing.

Dllew2019

Obviously, close this month below 36 would be bad ... at least need another month or two to reverse. Close between 36 and 40 hits buyers are trying to test water and see how much resistance it has. So the chance that December will be higher is ~ 2/3. Close above 40 in November means buyers are ready to bring it higher, can take some risk in monthly options.

Dllew2019

Lots of buyer in the 55-65 area. Tigger occurred when broke out the down trend line. Wanna wait a little bit to see better opportunity to load near 65. This is not high momentum stock so don't expect that type of move. Fundamental change is now could be a vaccine play, along with WBA

Dllew2019

whether is is parabolic or rising wedge. Buy the breakout.