GlitchSPX

GlitchSPX

Decent risk/reward trade here on PTON if it's able to break the downtrend on the daily and 127.23. With QQQ at new ATH, I'm expecting PTON to pick up some tailwind and soar to new heights.

GlitchSPX

PZZA - Gap fill play. Retail been seeing some action, and with US being 20%+ vaccinated and California expected to fully reopen by June, I think restaurants and pizza (parties), can see some tail wind. Don't enter unless trigger hits, but once it does, we should sail thru gap pretty nicely.

GlitchSPX

With 20%+ of the US population vaccinated, and California planning to reopen fully by June, I am expecting retail + restaurants to start picking up steam. PZZA has a nice juicy gap right over head. Take calls around 2-3 weeks out to play it safer. Once trigger hits, gap fill begins.

GlitchSPX

Trigger to go long is on break of 157.68. Upside price targets are above. You can scalp weeklies on this one as they report ER on the 14th.

GlitchSPX

If we get a 50% - 61.8% retracement on TSLA early this week, I believe the next leg up will be quite a rocket. Has earnings in early May as well, so fully expecting ~$800 to hit before then.

GlitchSPX

Warning you all right now. Do not sleep on oil. XOM is my favorite setup so far. Just reclaimed 21 EMA on the Daily and also 4H, broke short term down-trend, ready to rocket. Levels are clearly listed. You can play aggressive with weeklies, or get 4/16/21 or further out to give the play some time to pan out.

GlitchSPX

SKLZ looks like a great setup currently with a deep Wave II 78.6 retracement. The tech correction coupled with the offering they did brought the price down very low for us bulls to swoop upon. The invalidation level for this play is not far below, so if you are taking contracts that are a month or further out, you can cut this position as a paper cut loss. This...

GlitchSPX

SBE has lagging behind relative to BLNK and PLUG lately, but with the merger date announced, and the fact that it has a MASSIVE network, I really like where it's currently at. Looks like the corrective wave counts are not complete, and it is kicking off its next impulse wave cycle, which should take it to new highs before the merger date.

GlitchSPX

Beautiful set up here on CRSR currently. Coming out of a corrective wave cycle, it has kicked off it's Wave III. I particularly like the deep retracement on Wave II as that could trigger the rule of alternation which indicates that Wave IV will be a flat/shallow retracement. We can play 2/19/21 contracts to play the ER run up and also swing a few if you're feeling lucky!

GlitchSPX

It's rocket time for GOOGL. Long time consolidating in a rectangle, and just completed its running flat corrective wave cycle to finish off the Wave IV retracement. We should see significant upside here in the coming weeks. Load up and get ready!

GlitchSPX

We should see a monster move from SNOW this week if market holds up. There is a massive short float ratio currently and it looks like we've completed our A-B-C corrective cycle. Expecting to see 360-362 PT reached this week, with potential continuation to 400+ by mid-February at the latest.

GlitchSPX

This is a triple support level Wave IV bounce from a falling wedge with bullish divergence. Play is invalidated if the trend line is broken. Upside PT is 300+. 3/19/21 300c is less than $90 to play. It's time for this ticker to recover and pay up.

GlitchSPX

If we see a pullback tomorrow on TSLA, we should be able to load up around the 840 mark. This marks the potential completion of Wave IV retracement which will set it up on a launchpad to break $1,000.

GlitchSPX Updated 

Loading zone is anywhere in the golden zone. BIDU is in a nice channel at bottom of range and can see a lot of upside from here. It is holding the 50 SMA on the 4H, and 9 EMA on the Daily. A backtest of the prior bull flag break out can send it to the next levels above. A candle close below the golden zone invalidates this play.

GlitchSPX

DADA play. Breakout level 45. PT 1: 44.83 PT 2: 57.60 PT 3: 67.89 PT 4 (Extended Wave V): 71.75

GlitchSPX

$189 - $192. This is the loading zone for SE right now to confirm completion of Wave II retracement. With all of the advancements they are currently making to their business model, we should be able to look forward to SE making new highs. A drop below 187 would invalidate this set up. 2/19 calls would provide ample time to allow this ticker to pump.

GlitchSPX

PEP is another ticker that is looking to break out from it's one month long consolidation pattern. Beautiful set up here with next price target at 159-160. The volume and OI on the 1/15/21 150c look great at around $170-$200 a piece. Trigger to go long could be on confirmed break of ATH, have your alerts set on this one! Preferred Contracts: 1/15/21 150c

GlitchSPX

CL has been consolidating for around one month and forming a bullish rectangle. When consolidation gets tight and the price keeps knocking at ATH, we can see a nice blow off top move. OI on 1/15/21 85c is at 5,000 which is quite high. You can either get in early and wait for the break out, or set an alert at 84.62 and buy weeklies on the breakout (weeklies don't...