LUMN respecting the trend its been on and I am getting long here.
Stops below the trendline if we close and don't hold above it. With earnings coming August 11th and it still being a solid dividend payer I think we see this bounce back higher prior to the dividend date and then a sell off after people get paid.
I'm personally buying shares and the 08/20/2021...
EXPE starting to get real tights on the daily and setting up to breakout. I think its worth a watch towards the upside as a re-opening trade.
If it breaks out towards the upside I don't see a reason why it won't test highs and possibly continue running.
IF it breaks lower I see it fall back down towards $153 level.
July 16th or later Call options is what I...
ATVI starting to look ready to run higher again. After selling off it has now fell back to its uptrend and its 200MA which has been held multiple times in the past. Look for it to consolidate around the 200MA and then bounce higher and run into earnings.
AUG 5 Earnings will take place.
SBUX looks to be continuing to respect the upwards trend that is has been on since March of 2020. Once again we are seeing it bounce off its trendline and move higher. With earnings season also approaching I think we can see SBUX bounce and continue to climb higher. I like this LONG WITH TIME ON CONTRACTS!
$C has been getting beat down like all the other banks have over the last week or two and I think its time they bounce. Chart shows a decent support around $67.67 and we have Fed Bank Stress Test Results coming up on JUNE 24th which would allow for banks to increase / reintroduce dividends and also start stock buybacks again if they are cleared. I think this...
NKE holding above $130 still and earnings are just around the corner on June 24th
I personally like NKE as long as it continues to hold $130 support. Earnings coming up and may see a nice pop prior to the report.
More on the RISKY side of trades for me since we have seen market weakness recently and it may force NKE down as well but I think its worth a shot...
ZNGA looks like its getting ready to make a move
$9.77 support + 200MA support there as well which should be a strong area for it to hold.
Earnings coming up on August 4th may see it start to run-up in anticipation to earnings.
Personally looking at August 20th $11 calls for 0.39 since it covers earnings and has time on it. ZNGA is a slow mover so give it...
CVS chart showing a really interesting setup. We have 2 possible scenarios to take into consideration.
1. CVS continues to push higher and breaks out of this resistance. Break and close above $77.20 would be confirmation of the breakout. We saw it break over $77.20 today but failed to hold and sold off. If it can hold above and show strength we may see CVS make...
JWN IS STARTING TO LOOK LIKE A BUY HERE!
SUPPORT RIGHT BELOW AT $35.03 AND A NICE BOTTOM WICK BOUNCING OFF ON FRIDAY.
SETTING UP NICELY TO BOUNCE AS LONG AS THE MARKETS CONTINUE HEADING UPWARDS AND CAN ALSO GET A NICE BOOST AS A RE-OPENING TRADE.
IF IT FAILS TO HOLD SUPPORT OF $35.03 I THINK IT FALLS INTO A DEMAND ZONE AND MAY TRADE SIDEWAYS SOME...
CLDR finally appears to be moving higher again. They recently partnered up with NVIDIA which is a good thing. We have the 200ma and Support nearby.
GREAT LONG SETUP OVER 13.20
Ideally we want a break and hold above 13.20 on the daily chart to bring more confidence in the gap fill back up.
IF IT DOESN'T BREAK AND HOLD ABOVE 13.20 THIS PLAY WILL BE...
NNDM starting to look very nice for a move higher.
Just entered a nice demand zone with 200sma close and 5.98 support.
Scale in slowly and keep a tight stop under $5.98.
OPTIONS BUY TIME AND CLOSE TO THE MONEY OR IN THE MONEY
SHARES SPREAD OUT YOUR BUYS. DOLLAR COST AVERAGE IN!
It wouldn't surprise me if we see NNDM consolidate for some time...
WMT has been consolidating on the 200MA and right at support. Looking for it to hold and bounce back higher. Already have a small starter in this play and own WMT shares from a few weeks back but I think this is a good chance to go long and have tight stops under the 200MA which is the orange line.
CSCO looks to be setting up a nice bull flag to go long. Set a base and has been trading sideways for some time. A breakout could send this to Mid 50s in my opinion short term. RSI has been chilling out as well which is a good sign. Not a bad idea to start a small position now and scale in on confirmation of a breakout. You can have tight stops under $51 for...
GSK is one of the biggest names in its sector. Coming off an earnings drop I'm looking for this to bounce back off support back to its previous levels.
Pink line support at 34.75 will cut my position under 34.55 small losses with large upside potential.
Entered 5/21 $39 Calls @.40 will look to average down if needed but they have 100+ days in time. Feel free to...
UWMC just came off an insane earnings report for Q4 of 2020. I think this dip back down to the low $10 range is a great opportunity to start accumulating a long position. I am very bullish on this company after seeing the type of numbers that they did in just Q4 for the future. This was the first time they reported as a publicly traded company so now they can have...
KO is providing a very nice dip and consolidation to start to add or average down on some shares of $KO. A great value company currently at a discount that provides a great dividend. Not a bad idea to look into them as a stock to add to a long term portfolio. I added some shares in this consolidation as well. Earnings are coming up very soon so if you want to wait...
CL looks to have found support and based out with consolidation on support.
Risking about 2% downside with lots of upside potential on this trade.
MACD curling up about to cross for bullish confirmation.
Profit taking pink lines above. Ideally would only have runners left for the full retrace to its previous levels around $86.
OPTIONS: 3/19 $80 Calls or $82.5...