If you took a handful of positions, feel free to trim a few @Open to manage risk, do NOT let any trade go green to red.
LONG MSFT above 205.15-205.30
PT @209.35 and @211.5-212
Ideal PT @218.45
Conservative SL @202.15
Max SL @200.59
SHORT MSFT below 202
PT @200.15 and @199.52
Ideal PT @194.50-194
Conservative SL @204.75
Max SL @205.21
MU is one of the few stocks that has been struggling on making the V-shaped recovery compared majority of it's peers in the tech industry. As we can see MU is back to it's consolidation range back from June-August.
Breaking above 51.30 and we'll retest 53.50-54.00 hard resistance. I picked up a few 52C 10/2 swings from yesterday and ended up trimming half for...
Support Trend Line that held FB on it's bullish run since mid-march has been broken yesterday due to the Anti-Trust news/rumors sell off. Look to enter a half position on FB 9/25 PUTS if FB fail to hold over 255-256 or if it can't break and hold over 261-262.
PT @251-252 and 247.5-249
Ideal PT @241.5-242.25
Conservative SL @260.5-261
Max SL @264.10
After pushing for yet another ATH @165.95 earlier this month, SE has been retracing back to the support trend line that has been holding since early May. Look for a clean break above 150.50-151 before picking up calls.
Ideal PT @165-167 (ATH)
Conservative SL @145-146
Max SL @142-143
I would consider puts if SE fails to break or hold over 150.60 as I...
AMZN had a nice run pushing new ATH to @3552.25 and pulling back breaking the support trend line that has been holding since March.
Holding Above 3050
Target 3078, 3126, 3165, 3228 (Resistances)
Holding Under 3042
Target 3018, 2994, 2947, 2912 (Supports)
BKNG looks good here for some movevment, definitely worth putting on your watchlist if you can afford the expensive contracts.
-Bullish Above 1940
-PT @1969-1976, @2000-2010, @2024-2033, @1982-1986 (Resistances)
-Bearish Below 1935
-PT @1920-1925, 1900-1905, @1883-1886 (Supports)
Earnings Report tomorrow on the 3rd of September
Bullish over 33.15
PT @33.70, @34.75, @35.5 then hard resistance in the 38-39 (ATH) range
Failing to hold above 33.70 and we'll pullback
PT @33.20, @32.70, and @31.95-32.15 solid support
-Above @245 and we'll see @250.03.
-Holding over 249 and we'll retest that @253.47-254.40 and @259-265 (ATH price target)
-PT @239.40-238.60, and rock solid support @234.75-235.00
Current Price @3.40
Found support @2.86 and 2.68
-Holding above @3.60 bullish , PT @3.81, @3.98 (hard resistance), and @4.90 above that.
-Unless we gap over @4.01 and break over the daily resistance trend line we will most likely see CYDY get shorted to the ground. Most likely into the @2.1 to @1.5 gap fill range.
-Leaning Bearish as the market...
📹 ZM ☎️
Earnings Report 8/31
Current Price @300.56
Bullish holding over @300 to push to @302.17 resistance then retest ATH @303.58. Above @303.58 I can see the next PT's @310-315+
On the downside, if ZM struggles to break over 303.58, expect a pullback to 295's.
Supports to Watch
☕ SBUX ☕
SBUX had a nice bull run last week topping out around @85.30
Holding above @83.50 and SBUX will have a high chance to break last's week's high. Above @85.65 and we'll find @87-88
On the downside, failing to break @85.30 and we'll most likely pullback to @82.50's, @79.50's, then rock solid support @77.15
💻 CRM ☁️
Current Price @270.49
Nice pump and pullback last week. Key support to watch is @268.20. Breaking and holding over @272.40 will start a nice reversal to retest @276 resistance. Above @276 we'll find @279 (ATH)
On the downside, CRM going under @268 will most likely pullback to 264.6 support. Failing to hold and we'll find @261.
Bearish if CRM somehow...
🏈 DKNG 🏈
Current Price @36.65
Bearish under 36.75
Breaking and holding under @36.25 and we'll pullback to @35's then @32's
Bullish over 37
Holding over @37 and I can see a retest @37.70 resistance before getting back into @38.50-39's again.
ADBE has been on a bullish run since earlier/mid August. On the 10 minute (left) my omni bands are squeezing, indicating a bigger move. Personally, I think ABDE still has more room to grow as long as we hold above 510.
Bullish above 518, price target 524-526
Bearish under 513, price target 508-510
Breaking above and holding over 518.5 and we'll retest ATH...
SPCE seems to be consolidating in the @16-17 range. I would wait for a break and hold above @18.20 before going long.
Watch for a pullback to @17.30-17.40 for a safe entry for a conservative target @18.00-18.30. Above that and we'll find my ideal price target @19.10 then @20.00
On the downside if SPCE breaks under @16.70, we'll find minor support @15.80 then...
MSFT Bullish above 227.
Price target @231.10
Breaking and holding above @231.15 and we'll push to @235-240 range for new highs.
MSFT Bearish breaking under 225.45
Price target @221-220
Under @220, we'll pullback until we find support around @215 or so