Purchased 100 July 15th $120 calls looking for another bounce in WMT to $125+ in coming week(s)
AMZN is still oversold on several indicators. "AO" oscillator printing negative green candles, bottom of cloud and BB, stochastics low on 30 min, 1 day and 1 week charts. Looking for a bounce to $117-125 a buy on pullbacks and sell on rallies
AMZN did not give up all of yesterday's gain today along with a nice green candle on AO indicator. Markets oversold likely AMZN will go along for the ride too!
Same level of oversold last time I traded this in April. Markets oversold looking for a bear market rally in stocks overall.
Much of the bad news is priced in and we are due for a drop in the VIX looking toppy here should come down and market overdue for a boucney bounce!
MU has violated a triple bottom on Friday which is why I have not initiated a position YET. Bottom bollinger band and stochastics oversold on daily. I'd expect a bear market rally to $65 or higher soon, perhaps a relief FED rally?
AAPL seems to be oversold in the near term here on daily and weekly charts. Of course it can go lower, I don't pick bottoms or tops, I get close and add. We have cloud resistance at $149.39.
Bought 30 RDBX July 15th $18 puts will add each $1 rise in share price looking for move back to $14-$16 range
I believe around $617-625 range TSLA will be a BUY for a bounce back to $740-$825 range as bear market rally
Trading at the bottom of cloud support, fib support and low stochastics curling up
Cloud resistance at $149.39. Oversold on several indicators, Bollinger bands pierced. I'd expect a rally before or after fed meeting. Long term I believe AAPL goes under $100 but needs to bounce first. GL
Earnings somehow surprised wall street with a mixed Q1. The PE of 175 is a bargain compared to competitor NOW, likely more of relief rally. Near-term overbought on couple indicators
Seems a bit overbought on couple indicators, time will tell.
Looking for a scalp under $39- 38. Sold short 2,000 shares this morning average $40.50. Will add again at $42, 43, 44 etc. Looking to buy PUTS over $43.00
My June 3rd calls will likely go to ZERO. Doesn't change the overall target of $28 so I have repurchased 100 July 1st $18 calls with target of $28 in mind. 1/2 position will add on weakness> I believe we should have another 1-3 weeks of bear market rally provided no major events derail the markets.
Purchased 110 July 8th $110 puts. Overbought on many daily/ weekly indicators including weekly rsi of 90!!! 95 stochastic, to Bollinger band pierced.
Service NOW stock looking tired from recently rally. Service NOW has posted great earnings repeatedly, no doubt. But 450 PE ratio is outrageous considering the bear market we are heading into. First target is $450, next target is a new 52 week low under $400
1week using cloud, stochastics turning up and fib retracement looks like a buy here with retracement to $856 will add on weakness. Purchased 6 July 1st $720 calls