PontusTrader

PontusTrader

Price completely outside daily lower bband - feels like capitulation

PontusTrader

Will use this to update my views on Target over time Currently - Long term up trending channel - Significant resistance at channel medium line - this used to act as support prior to 2008, but not acts as resistance

PontusTrader

Target looking bearish on daily, still in long term uptrend.

PontusTrader

Long potential here - expecting smart money to push price down tomorrow or next few days, cause capitulation and reversal. The price move down will put it on the support trend line of the channel + candle body > 80% outside lower daily bband. If the selling is continuous, then expect a back kiss of that support trend line when the reversal happens.

PontusTrader

Broke to downside, very bearish

PontusTrader

Outside bbands.

PontusTrader

This just reeks of market manipulation... someone gaps up the price, then high volume comes in, then the stock drops each time it pops out of the upper bollinger band overnight.

PontusTrader

Good night sweet prince, your irrational exhuberance will be harvested within next 2 days max but most likely tomorrow. Far outside daily bband, time to drop.

PontusTrader

Outside bbands, one more burst up which happened today April 9 then it's going to get harvested.

PontusTrader

Bollinger bands

PontusTrader

Outside bbands at that point - need a flush sell

PontusTrader

Expecting a back kiss of this trend line. I think the best move as a big smart money is to create a false move up, and drop it again. The second drop will really clear out weak hands and harvest those sweet, sweet late bulls. The time to buy will be when SPY is protracted outside lower daily bbands because at that point it will show complete exhaustion and overly...

PontusTrader

On the 2015 APR 125 strike, there are 150,332 open interest calls and 128,144 open interest puts as of March 23, 2015. I think some entity has a decent amount of volume on both sides and is using a short straddle (sells both put and calls on same strike). On my options paper trade account, I sold 10 calls and 10 puts today. In order to break even or make a...

PontusTrader

Bullish. Have 100 shares riding overnight 14.47 - easy trade here.

PontusTrader

This stock respects the daily bbands. Not taking a position on it, learning purposes. But in all seriousness, biotechs can get go rekked.

PontusTrader

Outside daily bbands - FB going to reverse hard here. Looking for a daily candle whose body is > 70% or > 80% outside of daily upper band. Intraday short set up tomorrow will be another burst up of price above 15 min upper bollinger band, most likely will happen on market open - gap and go, first 15 minutes to half hour. Gonna short this thing.

PontusTrader

Outside BBands on daily, irrational exhuberance to the max. I would add a small short here, and add more on another candle outside the daily band tomorrow.

PontusTrader

Crude respects daily BBands the best - oil traders are very technical! I would have liked to go long here, but I was really expecting a more aggressive sell. In any case, want to have it for the record that CL will go up from here.