Eternal_Salsa

Eternal_Salsa

so i was looking at what could potentially happen the red box is a liquidity point and if that is broken i think all hell breaks lose and this stock will be shorted to the dephts of $7 scary stuff for me. However i will buy more shares if this does happen. Never be scared. Remember to not over leverage your position and always have good risk management. We might...

Eternal_Salsa

Stick it out everything will be ok. Dont let those wallst whales shake you out Happy trades

Eternal_Salsa

just another update to not let those whales manipulate you into selling at a loss. Hold it out and stick to your position you will be rewarded greatly for your bravery and valor. hahahahahahaha Happy trading!

Eternal_Salsa Updated 

*****************THIS IS JUST AN UPDATE.***************** i still think its a long term hold, whales are trying to push this lower because of bad news, but the good news is actually that they will launch again on september, so always good to be early than to enter late because of FOMO. So i detailed some stuff more, i show you where i bought at those two prices,...

Eternal_Salsa

So i havnt posted in a while. I been greedy and milking the market by myself, but anyways.... This looks like a big mess, but i promise..... IT IS!!!!!! So in terms of price action CCL is finding a support floor to make its next jump should we break the trendline on the bottom limit then this will die. However i have a strong belief that this is bouncing and...

Eternal_Salsa

Risk to Reward is EVERYTHING!!! This trade is simply a hedge for my current long in Hyatt. This will be a little riskier, so i will play it shorter term with cheaper contracts. So this is just an addition to one of my previous ideas. Theres a huge gap left with the move previously made which will get filled slowly following the trend line i drew. Somewhere along...

Eternal_Salsa Updated 

IF CCL DOES NOT HIT THAT PURPLE BOX IT WILL DIEEEEEE!!!!!

Eternal_Salsa

I am using a different method of charting usually i do this, but this time im leaving it like this lets see if i am correct

Eternal_Salsa

IT IS IN AN ASCENDING CHANNEL THE PURPLE RECTANGLE IS MY TARGET. Using some Elliot waves ive used impulse waves, and a correction wave within the channel, and show an alternate route the stock could also fake out break channel and form a larger head and shoulders

Eternal_Salsa

FUNDAMENTALS FIRST AND FOREMOST EARNINGS ARE TOMORROW I DO NOT THINK THAT THEY CAN BE POSITIVE WITH THIS PANDEMIC GOING ON. technical wise the trend line is being tested more often which means it could potentially break soon, notice how each retest to the trend line gets a weaker pump and triangles are getting smaller and smaller, it is signs of a bigger move...

Eternal_Salsa

I have been pretty good on entering and exiting trades on this. Not to say i'm never wrong, however good risk management is stressed. I will enter long if we retrace back to $69, this looks like it is still following the trend line. Those purple boxes are where i have been putting longs. Been taking quick profits and never getting too greedy. So this week i think...

Eternal_Salsa Updated 

So this is another overly sold stock that cannot be burned . I have puts and longs. Of course the longs are bigger than the puts because i believe that in the longterm this will go back up. Good risk management ensures that you never lose. The only way i lose on this stock is if it goes sideways for 6 months. Otherwise id say this is a safe bet. My hope is that...

Eternal_Salsa

I am still long on this hoping to see $80 break, but i think what will happen first is a retest of the trendline and the fibbonaci levels. Everything is aligning perfectly.... dont believe me just look at my previous ideas and you will see. SBUX is a cash cow. Alright thats it for now i suppose.

Eternal_Salsa Updated 

Never really use these harmonic patterns, but it just looks to fit this chart perfectly im going to double down a long at around 60-64.... maybe even lower if i can. I have a put so if it goes lower i make money regardless. Using responsible risk to reward. I think longterm starbucks cannot die so i will double down a longterm contract option at the second...

Eternal_Salsa

So everyone is calling longs, ill be one to call in short. At hind sight this looks like a mess but lets break it up: 1.) Ichimoku indicator: a.) the lagging line is really behind the trend, and not confluence with it at all which means that there is momentum right now b.) the trend is breaking down from the cloud and the leading green line has reversed...

Eternal_Salsa Updated 

seeing that no one has the idea, is kind of driving me crazy. but SBUX looks to be at a 50% discount and the purple little box is where i am knife catching, but its alright because i am in a longterm contract that expires in a year. I think with FED injecting $ into the markets then everything should be fine

Eternal_Salsa Updated 

i know i posted this before to long the WEED, but could this be the final confirmation before earnings come out on November 14th, also CGC partnering with DRAKE!!!!... this seems like bullish news that could blast this out of the critical abyss zone. If this breaks $24 by monday FOMO should settle in and blast it to next support of $28, and maybe even Beyond TO...

Eternal_Salsa Updated 

Looks like this is bouncing off $18 support i am currently in a small long will be adding more tomorrow as this seems to be going to the next key level of $24.. Not using any indicators just momentum of the charts