Re-test of $25 is coming. Lets see if it penetrates. Double top formed after CGC ER catalyst move. Great short entry at $24.80 if confirmation wanted and a more aggressive strategy at this level toward $25 if fade strategy is in play. I am shorting 200 shares at 27.32 holding till $25 to fade if it breaks through I'll add. Stop is at $27.60.
Possible Swing trade leading to support at $56. Small position. Journal entry. Stop at 62 $80 loss. I will wait to see how it responds to $56 if it bounces I'll change direction and go long if it fails add to my position 40 shares only if it passes support adding 100. Testing smaller positions based on right sizing my trade against the average range from...
CRON breakdown of uptrend as price approaches $25 TSX or $19 NASDAQ for CRON it will be a key support level as the uptrend fades. Shorting 200 at $25.86 Target $20 in 1 month.
WEED.TO has been running on positive sentiments and news of hemp production in New York. They are currently holding strong in a consolidation pattern. A bull flag will be completed if it runs passed 60 with any amount of decent volume. Buyers are not letting up and they're not letting go of any shares. If 60 doesn't break it will retrace and retest 54-55...
Short at $33.11 Stop at $34.20 Profit at $30 KL could continue lower is SPY recovers people are taking money out of gold companies due to confidence forming again in the SPY.
AMD is finding support at the 17-19 levels, there are big moves happening on the SPY I believe it will push toward around 260 in doing so AMD will continue to rise until around 23-24 levels. This is a nice swing trade. Buying 200 Shares at 19 Exit 23. Stop loss 18 NVIDIA is also showing weakness due to their RTX short comings, Ray tracing technology is in...
Swing trade downward momentum 63.70 $75 stop target is $62 if it trends on its own could move lower
SPY will bounce so far early bullish engulfing printed. Let's see if there is continuation and see if this buying holds. The first bounce is always strongest. Bought a Put $2 Strike $34 Exp Jan 18. Price target $31. Payout $100. Stop loss $33 if price levels continue higher I will take off trade for as little of a loss as possible. Delta -71 High probability...
Continuation pattern after double bottom. Switching to TSX stocks to continue to lower my cost basis while trying to keep the probability up. Target profit $90 Stop at $23. Jan 18 Exp Put cost $1.65, Delta is -0.87
Stop at 0.8 PUT Strike at $48. FEB 15 exp just after earnings. I plan to sell this prior to earnings if i'm in the money to benefit from the volatility Price of Put was $1.62 Delta (0.59) Break even is 46.38
Channel Bounce, its rebounding sharper than spy, bullish momentum is stronger Spy may rebound. I'm using this trade as a hedge against my BAM trade. Call Price $1.58, Strike $41. Break Even at 42.73 Delta is 0.58 Stop at $0.75 Profit Target is at $2.58
Shorting Bam, broke down through channel, lower high and lower low, double bottom break. it is trending with the spy but its more bearish. Put at $40 strike, $2.4 stop at $1.2, Delta - 0.76. EXP Jan 18. Break even is $37.60 Target is $3.6 to profit $120. New strategy to take profit early instead of trend follow. High probability trade. Low Risk. Downsides...
I understand this is publicly view able but that's perfectly fine. After ending my PKG and ASH trade which were fine I got emotional after losing on my RGLD trade due to gold rising without understanding the correlation it threw my into the wind. I entered a position which was over leveraged after losing my RGLD trade. My original plan was to go for $1.0...
I ended up shorting five after a poor decision to close my 2 previous spy trending trades. Over leveraged my account. I got emotional. My original plan was to drop from $200 puts/calls to $100 but I instead went for this one and another trade. I realized afterwards that it was a folly once my senses kicked in. I bought to puts accidentally. sold one quickly...
I engaged in a short position with ASH Strike $70, Put cost $2 Target is $65 Jan 18 exp, Stop at $1, FED is pushing more rate hikes next year. Spy could continue going south.
SPY breakdown leading to overall downtrend, PKG seems to have fizzled out of its ER catalyst cannot hold these levels I predict its going lower. Strike $85 $2.4 Stop at 1.2 May go lower if spy continues
RGLD is trending apart from the SPY its not overly effected by the market movement, Breakout past $80 holding till $90 Bought a call Strike $80 at 2.45 exp jan 18 with a stop at 1.25.
Aaron's had a poor earnings call, first target is $39.90 second target is $37.60 which are fib targets. Double bottom breakdown with descending triangle breakdown. Moving toward new support. Holding a put expiring January 18th.