HJMthe3rd

HJMthe3rd

No reason for a long explanation. Pulled back to the first level of retracement which has previously been a support and resistance area. If it opens above 800 hope we see it break 812 for it to run. If we fall below the 50 day MA I would look for more down side unfortunately. Got in some March calls a bit early hoping to see a turn based on history and the...

HJMthe3rd

NFLX has been fairly choppy without much of a move in some time now. Broke 466 back in June which was prior resistance, now has become heavy support with a back test 4 times since and held every time. Currently sitting just above the .786 fib line which is 483 Given the history I would expect this to make a move up to the .618 at a minimum and possibly back...

HJMthe3rd

BABA broke its down trend last week, was great for some long plays. Recent headlines about Twain and Trump could have some effect. 277.55 is our current resistance, above that we need to break 280 and should be clear to 286. Again headlines and the tensions with the US and China have devastating affects on this stock. Hopefully we get the push and find new...

HJMthe3rd

Popped on headlines of virus and FFA news but did what boeing always does........... Spike like crazy then turn. We have a .382 fib retracement at 191.82 Below that you have the .50 retracement at 182.24 Should be able to short down to 182 area but as you know this stock reacts either direction so be careful either way. With more lockdowns in the media and...

HJMthe3rd

Fell below the 100 MDA mid week and took a play based on a group due to the history of AMZN on the week of Thanksgiving. If we can get back above the 100 DMA we should see some continuation as its been chop for weeks. recent news on November 17th about amzn selling prescriptions really did nothing positive for the share price. 3131 is the .618 retracement...

HJMthe3rd

Short week so really need to watch for good setups. AMD has been somewhat "range bound" in this highlighted area for several weeks now. A break of 86.45 with conformation over 87 and we should certainly see newer highs. Keep an eye on the red trend line as if it has a slight pull back prior you could save yourself for a better entry. We could likely see...

HJMthe3rd

Earnings is over and it seems as if some of the volatility has fell off although still has very strong volume. The huge swings have not been happening as much as previously however there are still plays. Currently riding the trend line on both the 30 minute and the 1 hour but its getting tight and should break soon. Unsure as to what direction it will go to...

HJMthe3rd

This stock has been crazy for scalping going on nearly a month with insane volume. I cant even tell you where its going to go to be honest...... was this run due to hype? Earnings potential? Future growth? or maybe hype because of the massive increase TSLA had in over the last 2 years? If I had to guess its a combination.... little bit of all. Going to have...

HJMthe3rd Updated 

Previously NVDA hasnt done so well with earnings and I wouldn't suspect with the higher than previous this quarter be much difference. Estimated at 2.57 is substantially higher than Q2 at nearly 25% higher and they missed target last quarter by almost 50% this seems to be a setup for failure in my mind. The trend has been steady for last 2 weeks. Currently...

HJMthe3rd

With the most recent move QQQ has been respecting the same trend line for about 11 days now. With theories of the largest percentages of QQQ moving higher in up and coming weeks its likely to break above past resistance and possibly move for new ATH's. Appl and MSFT being some of the largest contributors in QQQ and both expecting to move higher its likely QQQ...

HJMthe3rd

Most certianly slept on ZM dip to 366 as that would have been a great long entry. 396.39 is heavy support dating back to mid September and is also very close to the .786 retracement level from the most recent high low swing from November 6th to November 10th. (I am using this swing as it falls in line with the chart and previous heavy support dating back to...

HJMthe3rd

Been somewhat lazy the last few weeks and its reflected in my trading with missing some good setups. Catalyst would be earnings report on Tuesday, its expected that WMT beats however I would expect a slight pull back after, some consolidation before a move a bit higher, again. 151.33 currently is the ATH, I am expecting that to break Monday as we see some...

HJMthe3rd

So I dont think my entry on PYPL was horrible but it was down at one point about 18%, today it has recovered substantially currently sitting at -6.57% In this market and with my experience I have no basis on where it will go aside from my own theories. Based on previous history the stock generally moves $5-$7 daily with 3 of the last 4 days being red and todays...

HJMthe3rd Updated 

With earnings coming up November 17th and suspected earnings run up I will be taking a short leap call soon. Looing for a good entry but with election and head lines just trying to be cautious. Wouldn't be the least bit surprised if WMT sets ATH in the next few weeks. Currently siting right at the pivot point and .5 retracement.

HJMthe3rd Updated 

Appears to be flagging, Not a bad time to take a call with earnings coming up. Election results could bring it down but with a stop I dont have a lot of concern as well as the time out for earnings.

HJMthe3rd Updated 

Already posted about AMD however I will most likely play this again for the upcoming earnings report as a scalp. Looks like it shouldnt have any issues running to the $86 as it has been bouncing off the same trend line for sometime. Marked in my chart by yellow and more recently test it only to bounce which with earnings coming would be expected to have some...

HJMthe3rd Updated 

Apple has been in the same channel deviation channels more less since May. Since then obviously a few bounces but settles back into the same deviation channel. A bit risky however I purchased 117 calls for next week on Friday on the dip. I wanted to see it over 116.38 which is the .618 from the most recent high low swing but with earnings coming up figured I...

HJMthe3rd

I have an alert set at 252.32 or about the 200 DMA. Crosses over and confirms it will likely to have a good move coming into earnings. 1-Month High 270.16 266.83 Price Crosses 18 Day Moving Average Stalls 265.35 14-3 Day Raw Stochastic at 80% 262.95 14-3 Day Raw Stochastic at 70% 262.53 3-10-16 Day MACD Moving Average Stalls 258.15 14-3 Day Raw Stochastic at...