LowdownSully

LowdownSully

Been stuck in this range for a while. Looks oversold with bullish divergence on the daily chart at the bottom of the range.

LowdownSully

SPY looks to show a double top on the daily TF. Appears if this period of consolidation will not be broken until Wednesday’s inflation data is released. The low volume bullish movements, curling MACD & RSI point to a sell off in coming weeks. Invalid if 420 is broken.

LowdownSully Updated 

$AFRM bounced nice today off trendline support followed by feb 2022 110$ & 120$ call sweeps. Looks interesting if market turns bullish.

LowdownSully

Looking for a breakout on $FB to the $360 level in the next few weeks if the overall market cooperates. Bounced nice off trendline and looking to breakout from this wedge. Has been moving strong since the last touch of the trendline.

LowdownSully

$WMT touching trend line again and reached oversold on RSI. Good swing trade set up. 12/17 $140 call @ $1.50. 1/21/22 $140 call. $500 position with a 30% SL. Good Luck.

LowdownSully

Looking for $MA to potentially fill the gap from 351 - 356$ this week. Potential trade: $MA 11/12 355$ call $MA 11/19 360& call

LowdownSully

Don’t believe this run is over yet, but needs some time to cool off. 1/2021 394$ puts $12.00 25% SL