Check out the ROKU on the daily. Roku has begun its descend. I'd buy in the money PUTS for late december, early Jan.
Might consolidate for a while so make sure you're not all in on this position.
I'll enter 12/20 puts tomorrow and let this develop.
Drew a few channels on the daily TF and I see a big correction incoming. if not more, at least a $20 drop down to 140.
I'm entering in Monday late December expiry. 12/20 $160P. This trade can take up to 2 weeks to develop.
what say you?
Backtested 40 days to see how the price reacts when MACD bull crosses upward. All stock price moves around 2%.
If this holds true on this bull cross. price is looking to hit around $122.46
Using the RSI, you can get a better entry but MACD confirms the momentum change.
Most active PUTS ON TSLA reached over $20mil. Did the price go down? No. why? Big money is flowing in it's coming.
All the Golden Sweeps today are PUTS. haha Stock Options will be epic like DIS- Disney in which, our Stock Option Discord make over $10k easy off that!!
BLACK BOX STOCKS ALERT!!!
Want to know where the Institutional Investirs(big money) is...
This is a 1 week time frame. Using RSI - Relative Strength Index to supplement the down trend of the candles.
notice when the Blue line bear crosses down the orange line, price break down. same goes for the uptrend.
Notice all the correction have happened since 22 Aug 2016.
It's not ready yet but it's almost time for a correction. start scaling in and prepare...
I'm buying a call and buying a put same strike $28. total around $2.66
I'll sell the profitable leg before earnings for a profit and let the other leg run through earnings to see if I can get a earning surprise.
predicted move is 9% after earnings
Predicted move 7 days after earnings, 13%
TA wise, this bad boy will bounce off the 200ma (red line) like it has...
I think it's coming down.
you need patience on this one. The ITM and ATM strikes will cost you 3.60-5.80.
Ran fibs on here and price is already playing the fibs when the price bounced off the .236
FIB Game. lets go!
Bullish trend established.
Added Fibonacci levels to show you resistances
The 100ma purple and 200ma red are swoooping down from the sky to slap the price down so there will be pullback before a break trough
NFLX is moving In a falling wedge from their last ER. This pattern is bullish as a break out is expected. Once there's a breakout, it's usually followed by a retest of the broken resistance which will turn support. Once support is established, we have lift off!
After their last ER, it gapped down and continued down.
We are receiving bullish news on Netflix...
A green 1D candle just broke the down trend
Price had moved 12% since the reversal
-Candles: 3 green candles on the reversal with my BULL indicator painted
-Moving Averages: Support on the 10ma (Blue)
-Volume: Green above the orange average line
-RSI: Up trending
-MACD: Up trending
NVDA is downtrending from the top of the channel. If price opens red, I am looking to buy PUTS.
-Candles: Price fell 2% After hours
-Moving Averages: 1HR and below, price fell below all MA's. on the 2HR it's at 200ma support
-Volume: Big red engulfing candle
-MACD: Downtrending toward 0 line
-Histogram: Turned from yellow...
1. Wait for RSI hit 0 then cross the 20(Purple region) - This gives the warning of a potential entry
2. Wait for MACD to turn from yellow to Green - this signals confirms to enter
3. Enter positon
4. Exit when MACD cross from Red to Yellow or
4a. Exit when RSI reaches above 80 or top and starts to downtrend. - This signals that a downtrend is likely